Under the deal, the companies would send up to 15.6 million tonnes of LNG each year to their South Hook terminal in Wales from the Golden Pass plant in Texas.
TDIC made a net loss of Dhs2.17 billion in 2012 due to impairments and depreciation compared with a loss of 1.27 billion in the previous year.
Shelly-Ann Fraser-Pryce also featured as a host of Olympic medallists began their build up to August’s world championships in Moscow.
Kurdistan thumbs its nose once more to Federal Iraq in a long-running feud that threatens to boil over
With a steady availability of capital, Qatar’s sovereign wealth fund has been making opportunistic investments around the world, especially in Europe.
Omantel made a net profit of $75.6 million in the three months to March 31.
Commercial banks have ensure that at least five per cent of their total loans are given to small and medium-sized firms.
Dubai airline posts net profit of $622 million; Emirates Group profits up 34% to $845 million.
Flights will be diverted from Dubai International Airport to the new Dubai World Central during the 80-day period in May.
The insurance product is designed to boost the credit ratings of sukuk for sovereign issuers.
DFM made a first quarter net profit of Dhs27.03 million.
Nine-seater cinema and private salon among striking features of Dhs85,000-a-night floor
The new decree lays down regulations for the licensing and classifying of hotel establishments in Dubai.
The companies were identified as Al Hilal Exchange and Asia Exchange Centre.
The proposed deal is the last big debt restructuring related to Dubai’s 2008-2009 financial crisis.
The resort will be operated by Anantara Hotels & Resorts, which is opening a resort on Palm Jumeirah in Dubai in September.
Manchester United’s manager has finally announced his retirement. But how has he been so successful?
The company, the Gulf’s largest dairy firm, has previously sold two Islamic bonds in local currency, open only to Saudi institutional investors.
IHG will open its first Staybridge Suites in Beirut in July and a contract should be signed in Dubai “pretty soon”.
The state-owned utility posted a net profit of Dhs106 million dirhams ($28.9 million) for the first quarter, compared with Dhs534 million for the year-ago period.
The U.S. Labour Department issued a report in December, some 20 months after the general strike, that faulted the Bahrain government for the actions it took.
Abdulaziz Al Helaissi is rumoured to become the new deputy central bank governor.
Currently, foreign investors can only buy shares in the largest Arab market through swap deals involving international investment banks.
An updated and frequently monitored rent calculator can allay fears of eviction and regulate rents in the market.
Saudi Aramco’s Omar Abdulhamid was appointed as the head of research, the second most senior post at OPEC.
Both Al Suwaidi Power Co and Al Batinah Power Co aim to each offer a 35 per cent stake to the public.
Last year, an international arbitrator told Kuwait’s Petrochemical Industries to pay up for pulling out of a K-Dow joint venture in 2008.
Industry leaders from flydubai, Lufthansa and Boeing discuss the future of low-cost travel at Arabian Travel Market.
The emirate may issue another sovereign bond this year, says senior official.
The Southeast Asian nation hopes to see a five per cent annual growth in Middle East travellers.