Mezzan is buying Unitra Mets Group (UMG) from Abu Dhabi-based Invest AD
The lender said the shares were converted at a price of 74.8 US cents per share
Dubai’s ruler Sheikh Mohammed has also appointed a senior 10-member committee to work on the technology project.
Egypt’s central bank received the $2 billion deposit from Kuwait on Sept. 26.
The bank made a net profit of $94.8 million in the three months to Sept. 30.
Duroosi tutorial videos will facilitate smart learning through social media tools.
Communities like International City and Jumeirah Village Circle are seeing a rise in demand.
Authentic desert retreat has no in-room TVs and phones can only be used in an emergency
PetroRabigh estimated the financial loss due to the outage at around $22 million.
The California company is launching the device on October 22 and local retailers say the official UAE launch may take place either by the end of this year or by early 2014.
Top-table move would take partnership to a new level
Terminal 3 sales alone grew by 17 per cent in the last three quarters, accounting for 63 per cent of total sales turnover.
Gulf Business brings you all the news from the region’s biggest ICT event.
The new launches form part of the new Smart City initiative announced by Dubai’s ruler Sheikh Mohammed.
The new plan aims to make government services quick and efficient through the use of hi-tech smart devices.
The nine Lebanese hostages were seized by Syrian rebels in May 2012
The Omani construction company raised OMR13.29 million through the issue.
The Kingdom refused its newly won council seat condemning the UN body’s double standards on the Middle East
High levels of internet penetration and social media usage are transforming customer strategies and brand engagement in the Middle East.
Visitors are gradually returning to Egypt after the worst civil violence in the country’s modern history.
The cautious move has paid dividends this year as Etihad escaped 787 and A380 problems.
According to a Deloitte survey, confidence among private equity professionals in exits via IPOs has increased.
Mohammed Al Hammadi has said the UAE has taken efforts in educating its public about the fundamentals of nuclear energy production.
Optimistic assumptions pave the way for an expensive investment, says Professor Nuno Fernandes, director of IMD’s program Strategic Finance.
The host side takes on Honduras at Abu Dhabi’s Sheikh Zayed Stadium on the first day.
The new iPad Mini is expected to come with a retina display and possibly in a range of colours.
At least 39 journalists were killed and 21 kidnapped in Syria last year by both rebels and government forces.
Repairs at the $10.8 billion facility could stretch well into next year.
The 33rd edition of the region’s largest ICT event is set to be the biggest one yet with a focus on big data, cloud computing and mobile devices.
There was an undercurrent of frustration with the instability brought about by the Arab Spring uprisings.