Abu Dhabi’s National Petroleum Construction Co and French Technip to build offshore oil facilities.
Government reminds retailers and suppliers not to raise food prices ahead of Ramadan and iftars.
The global technology firm plans to increase regional hiring and open more offices in a major expansion drive.
The Dubai airport retailer will use funds from the international credit facility to finance on-going expansion.
The $500 million Sukuk, EIB’s second issue this year, is priced at par and is due to mature in January 2018.
First half revenues for Abu Dhabi’s airline are up 30 per cent as passenger numbers soar to almost five million.
Total deposits in the country decreased by 1.2 per cent during the month to close at Dhs1.1 trillion.
The country has called for a closer relationship with Egypt as it begins a new era under President Mursi.
New foreign partners, mainly from the Far East, are being targeted as stakeholders of the future.
Abdul Aziz Al Ghurair is the man behind Mashreq, the UAE’s largest privately owned bank. In a rare interview he opens up to Alicia Buller on the greed culture that engulfed the UAE’s banks and lurched the industry into crisis.
UAE-based business has teamed up with global enterprise MSD to target cardiovascular diseases.
The Dubai-based port operator sold its 60 per cent stake to Australian firm Flinders.
Eissa Al Suwaidi has been appointed as the new head of the UAE telecoms company, replacing Mohammad Omran.
Number of visitors to Dubai’s International Airport climbs with a big increase from flydubai’s new Russia service.
Al Nabooda, the distributor of Porsche, Audi and Volkswagen in Dubai, plans major investment push.
UAE exchanges say there is still no clarity regarding the Indian government’s proposed service tax on remittances.
Average apartment rents increased six per cent and villa rents rose nine per cent in Q2 2012, says Asteco.
The number of guests in the emirate’s hotels reached 192,374 during May this year, official statistics show.
The airline will fly 73 extra flights to Jeddah and Medinah Al Munawarrah from July 20 to September 1.
The UAE city is ranked as having the most transparent real estate market in the MENA region.
The crown prince and the US president discussed regional issues and global energy prices during the meet.
Restaurants and shops consider rejecting premium credit cards as Network International hikes fees.
Flights to Basra, the low-cost airline’s fifth destination in Iraq, are scheduled to start next month.
The Arabtec consortium, that includes Greek and Turkish firms, will build a terminal at the Abu Dhabi airport.
The Swiss company is opening a Dhs500 million manufacturing plant in Dubai World Central.
A firm linked to billionaire Robert Kuok is set to take a stake in Drydock’s Southeast Asia operations, say sources.
UAE mall developer Majid Al Futtaim Holding plans to issue a dollar-denominated bond this year.
Visitors from the UK topped the list, spending almost $500 million in 2011, according to Visa.
Media reports had claimed that Etihad and Qatar Airways were eyeing a minority stake in the Indian budget carrier.
Trade links between the two countries have never been stronger as new figures reveal the growing relationship.