The joint venture was studying options in the wake of the U.S. conglomerate’s decision to exit most of its GE Capital operations.
While some countries have rolled back their nuclear plans, others like the UAE are steaming ahead.
The UAE was a safe haven for both Arab and foreign investors during the Arab Spring. But as regional tensions loom bigger, will the country be able to uphold that title?
Qatar must work even harder to protect its brand after U.S. prosecutors charged select FIFA officials with corruption and opened investigation into 2018 and 2022 bids.
Less money is going towards high-profile investments abroad and there is a renewed emphasis on developing the domestic economy, bankers and businessmen say.
Seats and services are now more closely aligned with partner Etihad.
The deal will help boost Emirates network in France and ease connectivity for passengers.
Regulatory obstacles and uncertainty about the size of fund inflows are deterring foreign firms from undertaking any quick build-up in their staffing and office space in Riyadh.
The entrance plaza will feature about 50 dedicated outlets along with various street dining options.
The emirate is expected to receive about 14.3 million international visitors this year, up by 8 per cent from 2014, a new study says.
The flotation will involve 600 million shares, equivalent to 12.99 per cent of the company, offered at a price between 3.5 pounds and 4.25 pounds.
The U.S. law enforcement official said the review of the bids would be part of a probe that goes beyond the indictments.
About 11 new grounds were to be built as a means of growing the game in the kingdom but sources said only two will be built as state spending is hit by low oil prices.
Foreign Minister Khaled al-Attiyah said the country was being unfairly targeted over allegations of graft in the vote that won it the World Cup.
Qatar’s Foreign Minister Khaled al-Attiyah said the international community was not doing enough to pressure all parties in Iraq to start national reconciliation.
The ministry also offered a $1.9 million reward for information that would avert any future attacks.
A new survey found a large quarter-on-quarter dip in UAE hiring during Q1 2015.
The country said that not a single worker has died in its construction sites, dismissing rumours of 1,200 worker deaths.
Bond issues are being considered after global oil prices plunged last year.
The project will have 4,000 residential units, 300 hotel rooms, and 250,000 square metres of retail outlets.
The minister was upbeat as he noted that the supply glut in the market has reduced significantly.
Oil price volatility is not expected to impact Emirates NBD’s retail growth estimates, a senior official said.
A study of 564 UAE employees also found less than half believed their company took an interest in their wellbeing.
Output growth rose to a three-month high index reading of 62.8 points in May but the increase in new orders fell.
The top 10 biggest lenders in Qatar by 2014 total assets, taken from Gulf Business’ Top 50 GCC Banks list.
The service will replace Etihad’s daily one-stop flight via Singapore.
The Capital Markets Authority did not specify the reason for these stocks to be off-limits to foreign investors.
American tourists accounted for 21 per cent of the overall UAE tourism spend in Q1 2015.
The kingdom’s foreign reserves fell to $683 billion in April, from $732 billion at the end of 2014, a new report shows.
The new rule prohibits the administration of banned substances to horses and lays out strict penalties to offenders.