The UAE pledged last October to build a total of 25 wheat silos with a storage capacity of 1.5 million tonnes to help prevent the loss of billions of dollars worth of wheat per year.
Alitalia’s board on Friday “expressed appreciation” for Etihad’s proposals, which government sources say include plans to make the Italian carrier profitable by 2017.
A six-strong team from the WHO and the Global Outbreak Alert and Response Network were invited by the UAE to investigate MERS after an upsurge in cases there in April.
The start of building had been delayed after the government intervened to consider how the project would affect views of the Houses of Parliament and Big Ben.
The tax will apply for three years, Egyptian state media reported.
The state WAM news agency said President Sheikh Khalifa bin Zayed al-Nahyan had issued the federal law, which was published in the official gazette.
The offering will support the bank’s capital base in accordance with Basel III requirements, assist its future growth and diversify funding sources, a statement said.
Senior representatives of over 200 airlines attended the IATA meeting in Doha, making Qatar the first Gulf country to host the summit.
A large part of the investment to increase output will need to come from the Middle East as a rise in non-OPEC production such as U.S. shale oil starts to lose steam in the mid-2020s.
The beach resort will include a 295-room low-rise hotel, spa and 11 villas.
The first phase of the project will include putting in place mobile payments and a money transfer platform for smartphones.
A deal from the emirate isn’t expected until at least the third quarter of this year.
Twitter’s renewed interest in music-streaming companies comes after Apple Inc acquired Beats for $3 billion.
EFG Hermes is one of the biggest investment banks in the Middle East.
The amount will be used to help repay loans and fund expansion.
An official said that the bond issue would mainly be aimed at Gulf Arab investors.
The firm will provide the world’s highest double decker elevators, which will travel at a speed of over 10 metres per second.
The Capital Market Authority (CMA) has suspended trading in Atheeb shares until the company provides more details.
The restaurant, located in San Francisco, is the first of 160 outlets planned across North America.
The so-called Indefeasible Rights of Use (IRU) agreement gives Atheeb access to 30,000 STC data connections for 15 years.
The meetings will be held in Asia, Europe and the Middle East and the sukuk will be sold afterwards, subject to market conditions, Emaar said.
Assad’s foes have ridiculed the election, saying no credible poll could be held in the midst of a conflict that has killed 160,000 people.
MERS has infected 691 people and killed at least 284 of them in Saudi Arabia alone since it first emerged in 2012.
In April, Kuwait imposed a ban on reporting on an investigation into the recording, saying that media coverage was damaging to the country.
The 10 highest-valued mega-developments in the emirate, according to a report by MEED.
The agreement with DIB was made official about two weeks ago, a senior official from the Indonesian bank has said.
E-commerce is booming but limited number of players in the industry and logistical challenges are hindering the sector’s growth.
The fund’s 2013 profit was driven by lower impairment losses and improved operating performance of assets.
The Dubai developer has joined hands with Germany-based real estate brokerage company Engel and Völkers (E&V).
The first phase of the redevelopment has been completed, and includes new stores and an upcoming leisured component.