Aldar Hands Over New Properties In Abu Dhabi

Aldar’s latest properties will add on more units in Abu Dhabi’s Shams neighbourhood.

Dubai Airshow Day 3: Order Book Exceeds $200 Billion

The Dubai Airshow 2013 has set the record for the highest value of aviation deals signed at one event.

Iraqi Airways Strikes $387m Deal With Bombardier

Deal designed to fuel network growth and foster the country’s ongoing reconstruction.

Dubai Airshow Marks Shift In Power

The Dubai Airshow 2013 has marked a tipping point for the industry, as airline bosses are now in control.

Qatar To Issue New Labour Laws After Abuse Allegations

Qatar has pledged to renew its policies and ensure that migrant workers’ rights remain intact.

Qatar Exchange Cancels Day’s Trades After Technical Problem

The exchange has said it hopes to resume trading as usual on Wednesday.

Kuwait To Grant Africa $1bn In Development Loans

The loans would come on top of investments by Kuwaiti companies in a number of sectors.

Mubadala To Service Rolls Royce Trent XWB Engines

Abu Dhabi’s Mubadala aims to be among the world’s top three manufacturers of composite and metal parts for aeroplanes by 2020.

Dubai Airshow: Airbus Considers A320 Production Increase

Airbus currently produces 42 of the current version of the A320

Air Serbia’s $1bn Fleet Expansion ‘Part Of Etihad Order’

The carrier ordered 10 A320neos at the Dubai Airshow which are due to be delivered between 2018 and 2020.

UAE’s Construction Spend To Reach $329bn In 2030

The UAE’s construction expenditure is estimated to outstrip that of both Saudi Arabia and Qatar by 2030.

Abu Dhabi Plans Dhs55m Aerospace Research Centre

The project is being built jointly by Mubadala and Khalifa University.

GCC’s Consulting Market Booming At $2bn

Middle East accounts for the majority of thought leadership produced globally on emerging markets.

Saudi Bourse To Impose Tougher Penalties For Big Losses

Under the new rules, trading in companies with losses of more than 75 per cent will be suspended for one day.

Dubai Airshow: Qatar Airways To Launch Saudi Domestic Carrier Next Year

Airline CEO Akbar Al Baker said the Saudi domestic services carrier will be called Al Maha Airways.

Saudi Arabia May Be Overcoming Addiction To Oil-Fired Power

The volume of oil burned for power production in the Kingdom fell to 689,750 bpd from June to September 2013, from 763,250 bpd during the same period in 2012.

Six Arrested In $45m Global Cybercrime Involving RAKBANK, Bank Of Muscat

The five men and one woman, all residents of New York City, were accused of being members of an unnamed global cybercrime organisation

How A Boeing 737 Is Made

Boeing staff at Seattle’s Renton factory will soon be turning out 42 planes a month.

Saudi’s Flynas To Fly Long Haul

Flynas is the second low-cost airline regionally to offer business class seating.

Libyan Wings Takes Flight With Airbus

The airline has signed an MoU for three A350-900s and four A320neos.

Middle East’s Low Cost Airline Capacity Grows 18% In 2013

The Middle East’s low cost carriers are confident of further growth after a two million increase in their seat capacity this year.

UAE Must Expedite Issuance Of Public Debt Law

Central Bank Governor Sultan bin Nasser al-Suweidi said developing its domestic debt market is a matter of national priority for the UAE.

Dubai Airshow: Airbus And Boeing Sign Gulf Supplies Deals

Airbus agreed a new deal on Monday with Abu Dhabi’s state investment fund Mubadala.

Dubai Regulator Sues Deutsche Bank Over Disclosure Denial

The DFSA sent a first notice to the German bank in July asking for information on wealth management clients.

Sharjah City Centre Plans Dhs200m Expansion

MAF’s expansion plans come on the back of a potential retail boom in Sharjah.

Dubai Airshow: Qatar Airways CEO Wants Bigger A350

Akbar Al Baker said the carrier may change some of its A350-900 variants to the larger A350-1000.

Dubai Airshow: No UAE Decision On Typhoon, Rafale

French firm Dassault’s Rafale jets and the BAE Systems-backed Eurofighter Typhoon are in a tight race to win the deal for at least 60 new aircraft.

Flydubai Sees Burgeoning Demand For Budget Travel

Ghaith Al Ghaith believes there are not enough flights in the region but the demand is there.

Dubai Airshow: Gulf Carriers’ 15 Minutes Of Jet Order Hysteria

Regional carriers placed orders worth $100 billion in 15 minutes on the opening day of the Dubai Airshow

Dubai Airshow: Boeing Shows Off F/A-18 Fighter

Executives are worried whether the fighter plane will receive enough new orders needed to maintain production past 2016.