Dubai’s flagship airline is looking at plans to lease aircraft in a deal with DNA2 and Goldman Sachs.
The luxury hotel chain group has specific discussions going on in Mumbai and Delhi, its chairman has said.
The Suisse bank returns to court today in lawsuit over alleged failure of payment in $10.7 billion Zain deal.
The country has adequate financial resources to bridge its budget gap, a senior minister has said.
The Canadian hotel operator announced that it will open its first resort in Dubai by mid-2014.
The retail and hospitality conglomerate moves into the healthcare industry with the launch of medical clinics.
Oil prices briefly fell below $95 a barrel on Tuesday on Eurozone worries, but bounced back again.
The amount will be partly used to construct a fuel pipeline from Jebel Ali to the Dubai Airport.
UAE contractor Drake & Scull International has secured a series of MEP contracts in Oman.
The UAE ranks highest in the region for global retail expansion, says a report by A.T. Kearney.
The Qatar-based telecommunications firm promotes Ahmed Al-Derbesti to chief operating officer.
The rating agency has cut the bank’s Middle Eastern arm’s rating from BBB+ to BBB, due to flat NPL ratio.
The world’s biggest social network acquires the company behind the ‘tagging’ of photos for $60 million.
The Gulf state is starting investor meetings this week for a planned dollar-denominated bond issue.
Travellers from the GCC love all that Europe has to offer in terms of shopping, medical treatments and good weather.
The Islamic mortgage lender picks ADCB, Emirates NBD and UBS for meetings on asset-backed Sukuk.
The Dubai-based airline announced that it has repaid its Islamic bond on maturity date.
The Gulf is refining its billion-dollar petrochemicals agenda to supply value-added products across the globe.
The new route could increase the number of tourists from the UAE to Portugal to more than 100,000.
DIFC Investments raised money through a syndicated facility to help repay the Islamic bond.
It’s unclear whether a recent surge in Islamic finance activity will lead to much-needed change.
Kuwait Investment Authority is reportedly planning to invest in Malaysia’s IHH Healthcare’s $2 billion IPO.
Officials say new laws are needed to prevent misuse of social networking tools in the country.
Abu Dhabi is the world’s fastest growing destination while Dubai tops the popularity list in the ME.
Luxury retailers in the emirate are hiring Cantonese and Mandarin speaking staff to cater to Chinese visitors.
Dubai’s flagship airline will not refinance the sukuk and is expecting to repay the amount in full.
Camelicious’ umbrella company has revealed huge growth in sales since its inception.
The seven-year Islamic bond was launched at a profit rate of seven per cent, arranging banks said.
Flagship airline group seeks to recruit more nationals and promote Emiratis into management roles.
The Kingdom’s cabinet has approved authorities to hold discussions with Turkey for a joint electricity grid.