The sale is expected to be completed in the first half of 2013.
Traffic in the regional business aviation sector has risen 12 per cent in the past year.
The investment firm owns 42 per cent of Oman National Investment Corp Holding.
The iPad 4 and iPhone 5 are also both going on sale over the same two-day period.
The Czech government said last week it was in early stage talks with Qatar Airways and Korean Air.
The Al Ghurair group owns half of Ras Lanuf, Libya’s biggest refinery.
Local distributors say they have been receiving numerous queries for Apple’s latest smartphone.
As part of the partnership, the car manufacturer will explore the viability of setting up an automotive facility in the Kingdom.
Expert at the Global Entrepreneurship Summit says SMEs should focus on ‘boring businesses’.
Dubai World Central is set to become the new hub for business aviation.
The Al Maktoum International airport was originally due to open for passenger traffic in March last year.
Experts at the Global Entrepreneurship Summit say MENA businesses must look beyond their borders.
Members of the Dubai royal family and a message from Barack Obama open the two-day event.
The UAE telecoms operator will officially launch Apple’s much-anticipated smartphone at 12 am on December 13.
National Bank of Abu Dhabi aims to be in 41 countries by 2021, compared with 14 right now, said a senior manager.
The Gulf state posted real GDP growth of 14.1 per cent in 2011.
Qtel has mandated six banks to help arrange the potential bond, which is expected to be at least $500 million.
Qatar’s C-17s supported the NATO-led operation in Libya earlier this year.
The gas producer defaulted on its $920 million sukuk that matured on October 31.
The deal is worth an estimated $550.3 million, according to Indian press reports.
Where to go for the best bespoke suits and shirts in the emirate.
Greece’s Hellenic Defense Systems (EAS) and Hellenic Vehicle Industry (ELVO) are among assets earmarked for privatisation.
Saudi is currently the world’s largest market for Islamic assets, says new report by Ernst &Young.
Falcon Private Bank plans to acquire wealth management boutiques that manage between $500 million and $4 billion in assets.
While Etisalat has to pay a royalty of 15 per cent on its revenues, du will initially need to pay a revenue royalty of five per cent.
Experts say companies and individuals in the country will face targeted cyber attacks next year.
Combined with daily Manchester A380 services, the world’s largest A380 carrier will be sending 360 flights to and from the UK each month
Steinway Piano Gallery will be displaying a crystallised 1/6 scale model grand piano worth AED12 million for the first time
A 3,000-seat outdoor tennis stadium will be a focal point, featuring a roof that illuminates at night
The move reflects the increasing number of flights Emirates has on remote stands that are not connected to terminal airbridges – as well as the large number of premium passengers on board its widebody aircraft.