Emirates’ bottom line was hit by runway upgrades in the first six months of the 2014, resulting in modest growth of eight per cent.
Emirates and Qatar Airways have signed financing facilities with banks to purchase new planes.
The 2.5 million sq ft mall, developed by Aldar Properties, includes more than 370 stores with nearly 10,000 covered parking spaces.
The emirate beat cities such as New York and London in the survey.
The $1 billion luxury residential and hospitality project is on track to open its doors in 2016, says developer.
Relations between Cairo and Doha have deteriorated since President Abdel Fattah el-Sisi took charge.
Credit Agricole, Dubai Islamic Bank, Emirates NBD, HSBC, National Bank of Abu Dhabi, Noor Bank and Standard Chartered are the arrangers for the sukuk sale.
The airline faced a three-month delay in the delivery of A380 superjumbo jets.
VOX Cinemas will occupy two-storeys in the upcoming mall and feature 15 theatres.
Accumulated losses on GFH’s balance sheet had been reduced by $134.4 million under the measure.
The A350, Airbus’s newest plane and made with a carbon-fiber composite fuselage, is a direct competitor to Boeing’s 787 Dreamliner.
The account, @UAEGOV, includes a library of exclusive photos of officials and behind-the-scenes work in government entities.
The 25-year-old Northern Irishman believes a six-week break from golf has put him in the ideal shape.
The central bank clamped down on derivatives trading in 2008 as Kuwaiti banks were hit hard by the debt problems of local investment firms.
Qatar beat former Barcelona and Eugene, in the United States, to win the bid
Aramco produces almost 9.5 million barrels a day.
The sukuk pricing was last revised to 210 basis points, plus or minus five bps, over midswaps, after being marketed initially at 220 bps over the same benchmark guidance.
The project will have 1,800 land plots and will be split into five zones featuring apartments, villas and townhouses.
Top-end passengers can be driven to the aircraft in a Mercedes Benz limousine
Abraaj Investment Management will begin buying shares of Bisco Misr on Thursday and aims to complete its purchases by December 17.
Adel Mohammad al-Roumi said that the company has fulfilled all the technical and legal requirements to list on the bourse.
The money will help Arcapita to make investments in the Gulf region as well as in international markets including United States, Asia and Europe, it said in a statement.
Pricing guidance for the five-year sukuk is in the area of 225 basis points over midswaps, a document showed.
The aviation sector supported a total of 416,500 jobs and accounted for 21 per cent of the emirate’s total employment in 2013, a new report said.
Mumbai tops the list, followed closely by Bangalore, finds new survey.
Saudi Arabia shipped 6.722 million bpd of crude in September, up from 6.663 million in August but lower than July’s 6.989 million, data showed.
The airline currently operates five times a week to Edinburgh and is the first to offer a direct air link between the Scottish city and the Middle East.
The majority of regional financial professionals also expect bonuses to increase when compared to last year, finds survey.
Abu Dhabi carrier launches fifth US route and now serves two key Californian cities directly
Suhail bin Mohammed al-Mazroui also said that the country did not have a target for oil prices.