Abu Dhabi-listed Dana reached an agreement with creditors to amend terms of a $920 million Islamic bond.
The Abu Dhabi airline set a new record for the number of people it carried in a single day.
The group expects good results at operating profit and net income level when they’re released next month.
The world’s number one golfer parts ways with the Dubai hotel group as Nike beckons.
The acquisition of the 205.5MW Lakefield wind project in Minnesota is expected to close in Q1 2013.
The former world number one will compete for the $2.7 million prize at the Abu Dhabi Golf Club on January 17.
Middle East airlines recorded a 10.5 per cent international passenger demand growth in November, says IATA.
Dubai’s biggest bank will offer 1.5 billion shares at Dhs1 each between January 25 and February 3.
Oil minister Mohammed al-Hamli said he hopes production capacity will reach 3 million bpd this year.
The carrier’s chief executive has said he is not worried by the latest faults to affect Boeing’s 787 aircraft.
The emirate plans to form a committee to work on six major initiatives under the project.
The Kingdom’s Shura Council is expected to announce the names next week, says report.
Etihad Cargo announces new direct weekly freighter operation from Abu Dhabi to Guangzhou.
The on-off negotiations over 60 fighter jets have been ongoing for several years.
Two more 787s have been grounded after mechanical problems and fuel leaks.
Accor’s latest contract targets underserved sector
Fuel burn savings, reliability and cabin comfort made it “a sound investment” choice.
A feasibility study is currently being carried out on the proposed project.
Fiscal imbalances and rising greenhouse gases are some of the biggest global risks, says World Economic Forum report.
The Gulf state aims to merge eight state-run pension funds to improve efficiency.
Gulf carriers are looking to capitalise on national carrier LOT’s precarious commercial situation, and others regionally
The country’s government said the changes bring Kuwait into line with democratic norms elsewhere.
Sheikh Hamad bin Jassim al-Thani has said $0.5 billion will be a grant while $2 billion a deposit.
The emirate’s residential property index jumped 13.46 per cent in 2012.
The two Abu Dhabi-based property developers have a combined market capitalisation of about Dhs10 billion.
The company has launched it’s first store outside the Middle East in London.
The proceeds of the sukuk will be used to refinance existing debt and to invest in company projects.
The number of stores at the adjacent shopping centre is set to rise from 200 to 350 this year.
The bank’s new organisational chart shows 13 managers under Corbat.
The UAE government’s two-month amnesty programme extends until February 4.