Czech Airlines, a member of the Sky Team alliance, lost $12.10 million last year.
Samsung says the jury foreman’s past dispute with one of its companies may have influenced the August verdict.
A police report says a cigarette was to blame for causing the fire in Jumeriah Lakes Towers.
Under the agreement, NMC Trading will introduce Radikal’s Basmati rice to the UAE market.
The country fell six places to the 118th spot on the latest index released by Transparency International.
The surge in new orders reduced in November, according to the HSBC UAE Purchasing Managers’ Index.
Around 120 textile and garment suppliers from China are in Dubai to woo regional distributors.
A report by Jones Lang LaSalle shows increased optimism is returning to the market.
The annual GDP rise of 3.1 per cent was mainly due to non-oil economic activities.
OPEC is expected to stick with an output target of 30 million bpd when it meets on December 12.
Development in Dubai World Central is progressing rapidly with business jet operations set to launch in 2013.
Apple has announced the official launch date for the iPhone 5 in the UAE, Qatar, Saudi Arabia, Kuwait and Bahrain.
The new policy means companies will be fined if less than 50 per cent of their workforce is made up of Saudi nationals.
Dubai is competing against four other cities to host the major world event.
Boeing predicts that the region’s new airplane requirement over the next 20 years will cost around $470 billion.
Abu Dhabi National Energy Co (TAQA) has $1.75 billion in bond maturities next year.
Qatar Holding now owns 88 per cent of the bourse, with NYSE Euronext holding the remaining 12 per cent.
Sahara India Pariwar completed its purchase of a 75 per cent stake in the Plaza for $575 million.
The Saudi national will take up the role of co-chief exectuive and head of investment.
Qatar Airways is the launch customer for the future A350.
Power consumption rose by nine per cent in the first half of 2012.
The most highly priced properties for sale on UAE’s market.
The defense ministry said the jet went down in Saudi waters and that authorities were investigating the cause of the crash.
The Pacific Islanders win their first stage event on the World Series.
New survey finds that the oil and gas sector is the preferred industry for professionals in the MENA region.
The deal includes assets in Monaco, Maldives, the Seychelles and Channel Islands.
Scott Gegenheimer resigned from telecom operator Wataniya six months ago.
The contracts will develop an industrial city in the north of KSA as it looks to develop its mining industry.
The plant is expected to require an investment of nearly $400 million.
Each shareholder will receive one new bonus share for every 10 held.