The interest payments which IPIC said on Thursday it would be paying are on bonds belonging to 1MDB Energy Limited And 1MDB Energy (Langat) Limited
Investcorp’s latest deal complements other companies in its portfolio that have similar interests
Following a visa-waiver agreement with EU, Emirati citizens can now travel to 113 countries without a visa
The project announced in March 2014 has stalled, highlighting Egypt’s habit of promising grandiose ventures and then struggling to deliver
Construction of the 1200 megawatt Hassyan plant would start next year
The airline, which launched new routes to Novosibirsk and Nizhny Novogorod,says it is optimistic about future growth
Both journalists are stable and have been flown to Abu Dhabi for further medical care, officials said
The tender deadline is Friday, October 9 with shipment sought between December and February
Residents told to stop ‘squandering’ water and electricity
A Saudi court upheld a conviction against Dawoud al-Marhoon for taking part in anti-government protests three years ago and ordered him to be executed
Dubai carrier Emirates plans to move its operations to the new terminal at Dubai South when it completes expansion
New centre aimed at improving “overall efficiency” within organisation
A gunman stormed into one of the branches of Al Rajhi bank, reportedly to rob the bank, and opened fire on customers and employees
The bank reported a net profit of QAR 3.11bn in the third quarter of this year
Dubai Airshow will see 1,100 exhibitors this year, ranging from “first timers to industry stalwarts”, officials said
Both companies will bid for solar power projects that will be tendered at national and state levels, a statement said
Kingdom Holding, owned by billionaire Prince Alwaleed bin Talal, originally invested $50m in the tech company in 2011
Gulf Business gets a sneak peek of Huawei’s new Honor 7 ahead of its regional launch
Yousef Abdullah Al-Benyan said the economics of the project were being assessed and there was a 50/50 chance it would proceed
The airline said that it decided to call back the flight after discovering a technical fault with one of its engines
The refinery, the country’s largest is now operating normally, KNPC said
The UAE has been ranked as having the world’s second most developed Islamic economy ecosystem following Malaysia
The public prosecution clarified that the arrest is not in conflict with the freedom of speech in the UAE
The store will feature cycling and running areas and a 10-metre volcano-shaped climbing unit
The multi-billion dollar project has the capacity to produce one billion cubic feet of gas per day
It was the first known direct Islamic State assault on the Yemeni government and the Saudi-led coalition
Usman Ahmed will also head the bank’s Islamic investment banking division
The publicly traded certificates will be used to invest in mid-sized Mexican businesses that have strong growth potential
House prices in Dubai continued to fall in the third quarter as regulations, higher inflation and a strong dollar hit investment
The tennis complex will have a combined stadium seating for over 7,600 people across two main arenas