The airport, expected to cost around $3.2 billion, is planned to open in 2020
The contractor also replaced its chief executive as part of a shakeup driven by investment fund Aabar, its largest shareholder.
Federer dismissed Spain’s Marcel Granollers while Djokovic overcame a late stumble to beat another Spaniard Roberto Bautista.
The UAE lender made a net profit of Dhs1.15 billion in the fourth quarter of 2012.
The soccer star will be supporting various programmes to increase life chances of young people in MENA and South-East Asia.
The emirate is hoping to become a global hub for Islamic finance and other businesses based on Islamic principles.
Managing director Hasan Ismaik will replace Kamal as the new chief executive of the construction company.
American fashion house will open a Hollister store in Mall of the Emirates in Q3 of this year.
The city is hoping that its upcoming $2 billion tourism development will attract investors and visitors from the Gulf region.
The carrier has lost its traffic rights allowing it to fly 21 times a week into the UAE.
The 15-year bond will allow NBAD to directly access Japanese retail investors.
Etihad paid $70 million to India’s Jet Airways to buy three pairs of Jet’s slots at London’s Heathrow Airport.
David Miliband called for investment and innovation, speaking at a conference in Abu Dhabi.
The hotel group is officially launching the world’s tallest hotel, the JW Marriott Marquis Dubai, tonight.
Novak Djokovic extends his unbeaten run to 14 matches.
The new firms will be listed as Tier-2 stock without the need for initial public offerings.
Qatar’s sovereign wealth fund plans to invest in the Russian state-owned bank.
Even as overall investor sentiment rises in the Gulf, gold has lost none of its shine.
The GIL 2013 event in Dubai highlighted the importance of visionary innovation and megatrends in business.
The lender said 12 prepaid travel cards were compromised outside of Oman.
DEWA CEO Saeed Mohammed al-Tayer indicated last week that the sukuk would be $1 billion.
Traffic rose to 5.56 million passengers from 4.85 million a year ago with freight volume also up.
Nationals from Britain, France, Japan and Hong Kong are among the dead after a gas explosion at 1,000 feet.
Food and beverages, mining and construction are among the growth sectors.
The UAE’s national railway network will span 1,200 kilometres and form part of the planned Gulf-wide railway network.
All operations in which Qtel owns a controlling interest will rebranded under the new name.
Sheikh Nahayan bin Mubarak has cancelled the deal less than two weeks after it was signed.
Industrial and Commercial Bank of China’s Middle East unit posted a pre-tax profit of $54 million in 2012.
The deal confirms Etisalat as FC Barcelona’s main sponsor in UAE, Nigeria, Ivory Coast, Benin, Togo, Niger, Gabon and the Central African Republic.
Investment Corporation of Dubai, which controls some of Dubai’s top companies, expects to complete a deal this year.