The unit had been shut down to work on a gas compressor.
The airline recorded passenger growth of 4.1 per cent, along with a load factor of 70 per cent in H1 2013.
The investment firm sold its stake in HFC to Republic Bank, an independent Caribbean bank, for an undisclosed sum.
Raif Badawi, who started the ‘Free Social Liberals’ website to discuss the role of religion in Saudi Arabia, was sentenced on Tuesday.
Despite a bullish outlook on sales growth by MENA CEOs, employment levels are expected to remain flat with businesses adopting a cautious approach.
TAQA’s results were weighed down by derivatives and hedging exposures and a slump in income from its oil and gas business.
The port operator’s volumes dropped in Asia, Europe and the Middle East.
Dozens of Kuwaitis have been charged with insulting Emir Sheikh Sabah al-Ahmad al-Sabah, especially online.
Dubai property prices have soared around 35 per cent from a year ago in June, according to estimates, triggering fears of another bubble.
Government offices will be shut from Wednesday, August 7.
The Qatari telecoms firm saw increased revenue from the group’s units in Iraq and Indonesia.
Raif Badawi started the “Free Saudi Liberals” website to discuss the role of religion in Saudi Arabia.
Foreign investments in Dubai’s real estate market increased 73 per cent from H1 2012 to reach Dhs32 billion.
Bad publicity around the aircraft is just media-created hype and all the glitches will iron out gradually, says analyst.
The emirate is setting up a special legal committee to settle disputes related to projects officially cancelled by RERA.
Tickets for a roundtrip between the emirates are priced at Dhs150.
Healthcare job opportunities in the UAE were up by eight per cent from last year but chemicals industry jobs plunged 14 per cent.
Six rail lines carrying electric, driverless trains and extending 176 kilometres in Riyadh are to be completed by 2019.
Investcorp made a net profit of $104.9 million in the 2013 fiscal year ended in June.
Sarmad Lone has joined the British lender as its regional head for global corporates for the MENAP region.
The firm’s attributable net income from the deal will equal around 29 per cent of the $4.9 billion estimated for civil works.
Sheikh Jaber al-Mubarak al-Sabah has been asked to form his new cabinet.
India’s foreign investment regulator gave conditional approval to the $379 million deal.
The Dubai developer made a net profit of Dhs1.23 billion, up marginally from Dhs1.22 billion in H1 2012.
Passenger traffic was aided by Emirates airline’s tie-up with Australia’s Qantas.
Dunia posts Dhs55.6 million profits; Dhs166.4 million revenues
Dubai, Abu Dhabi and Bahrain are under consideration to hold the tests.
Qatar Airways grounded one of its Dreamliners earlier this week after a technical glitch.
The airline, undergoing a restructuring process, said that year-on-year losses reduced by over 50 per cent in the first half of 2013.
Apartments in areas like Al Nahda and Al Majaz recorded a rental hike, while villa price hikes varied depending on location.