The deal is reportedly for 24 Dassault Aviation-built Rafale planes with an option for 12 more.
The emirate’s tourism promotion agency said that it has outlined a clear plan to attract tourists and improve their experience.
The deal for the leasing of three Bombardier Q400 NextGen planes is worth $94 million at list prices.
Omantel said its first-quarter net profit was impacted by losses at subsidiaries.
The telecoms firm had reported declining profits in four of the previous six quarters.
A JV formed by New World and ADIA will buy stakes in three Hong Kong hotels.
DIFC’s new Wills and Probate Registry gives non-muslims certainty in inheritance matters.
The ban was imposed due to the presence of avian influenza on three Ontario farms.
Sofian Chourabi and Nadhir Ktari were kidnapped about eight months ago.
The project will upgrade and expand two of the Gulf Arab state’s largest existing refineries.
So far the fighting and air strikes have killed over 1,000 people since the bombings started on March 26.
Kuwait’s regulator is looking to improve the investment environment in the country.
The court also sentenced 11 other suspects, most of them in absentia, in the same case to terms ranging from 10 years to life in jail.
Huawei’s 2015 Global Connectivity Index ranked the Emirates for its strong support for mobile adoption and widespread access to information and communication systems.
The lender reported a marginal increase in first-quarter net profit.
A spokesperson said that the country will present a plan in Saudi Arabia next month, requesting membership into the GCC.
Gulf countries must develop sectors such as construction that help boost the rest of the economy, the report says.
The company made a net profit of BD14.2 million dinars in the first quarter of 2015.
The new office will act as a sales and customer service hub for IBM’s offerings in the region.
The company attributed the growth in profits to a strong performance by its development business.
The conglomerate said its net profit was Dhs282 million in the first quarter of 2015.
The unit made a net profit of Dhs433 million in the first quarter of 2015.
NBAD made a net profit of Dhs1.42 billion in the first quarter of 2015.
The size of the issue was capped at $500 million and books exceeded $650 million with more accounts to respond.
oyner Perakende is a subsidiary of Boyner Group, a non-food retail conglomerate.
The group is aiming to work with state firms such as TOKI, Emlak Konut and Kiptas.
The new fund will focus on companies interested in doing business in Oman as well as other Gulf countries, East Africa, and South and Southeast Asia.
The state news agency did not say how much money would be disbursed for the bonus, but it is likely to be sizeable.
The company has acquired Abu Dhabi-based Americare Group and Sharjah-based Dr. Sunny Healthcare Group.
One third of companies in the country have increased counter offers to avoid losing key employees, finds Robert Half survey.