Arabtec had said in March that the fundraising was part of a five-year expansion plan.
The new aircraft will be deployed on flights to Amsterdam, Amman, Cairo, Colombo and Chennai
QPI will contribute specifically to the French company’s Moho North oil project.
Qatar Holding, along with Azerbaijan’s SOFAZ and Norges Bank Investment Management, invested $479-639 million each in VTB.
Majid Al Futtaim Hypermarkets operates 50 hypermarkets and 44 supermarkets under the Carrefour name.
The new structure for Dubai’s government is to be implemented in two years’ time and will be “the Government of the future”.
Regional online advertising spend is growing at a rate of around 25-30 per cent every year.
The country’s mission in Libya was targeted by a car bomb in April.
Additional three services a week from June 30 will be operated by B777-300ER aircraft.
E-commerce spends across the Arab World grew 45 per cent to $15 billion last year.
The order, which will bring Oman Air’s A330 fleet to a total of 10 aircraft, is thought to be worth around $720 million.
The U.S. Secretary of State met Oman’s defence minister in the Sultanate on Wednesday to oversee the $2.1 billion deal.
Early price talk for the 10-year deal, which is not redeemable for five years, was released at 230 basis points over five-year midswaps.
Thousands of workers stayed away from work from Saturday to demand higher wages.
Sheikh Mansour-owned City will be the majority partner in New York City Football Club along with the biggest name in baseball, the Yankees.
The lender had said in January that it would hike its paid-up capital by 50 per cent.
The Gulf State has commissioned the Middle East’s first solar enhanced oil recovery (EOR) project.
Sheikh Mohamed bin Isa al-Khalifa has been temporarily replaced by long-serving Peter Kaliaropoulos
Taken from the Gulf Business Top 50 Banks, these are the biggest banks in Qatar by 2012 total assets.
The emirate welcomed 25 new retailers last year, says new study by CBRE.
The International Monetary Fund’s regional report warns unemployment figures and diversifying economies are still an issue.
Over 1,000 of around 1,400 staff at Oil Sector Services, owned by Kuwait Petroleum Corporation, have been gathering in a union building.
The state-owned lender expects to begin operations in the third quarter under the name of QNB India Private Limited.
The project, estimated to be worth less than $300 million, is due to come online in mid-2016.
More users expect websites to feature videos as well as photos
The twin-tower residential and commercial development will be built in Jeddah’s Corniche area.
Thousands of workers have been on strike since Saturday demanding higher pay.
China and Europe boosted Italian fashion giant’s revenues to $2.7 billion in 2012.
The Dubai-based developer announces start of work on Princess Tower, a 26-storey furnished apartment complex in Baghdad.
Deal with Qatar National Bank S.A.Q. and Commercial Bank International covers part of a larger order for 44 A320s placed with Airbus in 2007