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.
Food is the largest segment of consumer expenditure in the region and stood at $83 billion year-end 2012, says new report.
In return for their multimillion franc investment, owners will receive “full on effortless living”
The Saudi-based juice manufacturer, which signed a $1 billion deal with Coca-Cola in 2011, plans to launch Rani and Barbican brands in international markets.
There are now 18 banks in the sultanate after last year’s merger between the local business of HSBC Holdings and Oman International Bank.
The U.S. car manufacturer – which houses the Chrysler, Dodge, Jeep and Ram brands – sold 25,321 vehicles in the region.
Qatar National Bank had planned to buy 77 per cent of National Societe Generale Bank last year.
Etisalat is talking to banks about a syndicated loan of up to $8 billion to finance the potential transaction.
Wafik Nsouli will take charge as executive director and head of institutional equity sales
The Dubai-listed company has proposed to pay a cash dividend of 5 fils per share to its shareholders.