The aid helps reduce the heavy costs of government fuel subsidies and the drain on foreign exchange reserves.
Qatar’s sovereign fund bought a 50 per cent stake from Qatar’s former prime minister and other shareholders last year.
Naia will manage 3,000 serviced apartments
CEO Akbar Al Baker said it will operate eight A320s in the Kingdom.
Dubai International Airport and the JW Marriott Marquis Hotel Dubai voted best for business travelers in the Middle East
Three properties in Kuwait, London and Edinburgh join the group’s new luxury collection
Constella is to be the first Hotel Apartments in Dubai to Receive Official Sharia-Certification
There are 1.3 times more people accessing Facebook on a monthly basis than on YouTube, says a study.
The Omani contractor will construct phase two of the Al Ghurair plant expansion in Abu Dhabi’s ICAD – I Mussafah.
Airlines are expected to follow Emirates to DWC when growth requirements are met.
The firm also confirmed that it planned to sell off some assets.
The new entity is expected to begin operations within a couple of years, Dubai’s tourism chief confirms.
The agreement is dependent on Etisalat’s acquisition of a 53 per cent stake in Maroc Telecom from Vivendi.
The four star property will be Wyndham’s second in Doha, following the opening of the Wyndham Grand Regency in 2011.
Health officials confirmed on Friday that the man had been diagnosed with the virus after traveling to Riyadh.
Etihad currently has holdings in Air Berlin, Air Lingus and Air Serbia.
The expansion includes properties in Dubai, Iran and Sudan.
Militant attacks and other political violence have intensified since the army overthrew Mursi last July following mass protests against his rule.
Etihad appears intent on pushing its first class into the luxury private jet space, targeting high-net-worth individuals across the globe.
The $50 million joint venture would fill a current market gap, a company executive said.
The refinery has capacity to process around 116,000 barrels per day of Omani crude.
The Arab nation is looking towards the Gulf region to revive its slowing tourism sector
The slowdown would underline the government’s main challenge of creating enough jobs for the country’s growing population of nationals.
There are fears that a deadlock in political efforts to solve a three-year-old standoff is deepening frustration among young Shi’ites.
Ban said both meetings would be “solution shops” for an urgent problem.
The group plans to reach 100 hotels by 2017.
The 359 room property is Hilton’s fourth Doubletree on the Arabian Peninsula.
Iyad Abdalrahim was formerly CFO of Arabtec’s construction unit.
One of the options under discussion envisages hiving off a large chunk of Alitalia’s $1.11 billion of debt into a separate company.
The total number of cases in the kingdom is 396, of whom 109 have died.