Airline blames slot constraints amid strong competition and poor loads
International passenger traffic rose 6.7 per cent in August with all regions showing growth over the previous year.
Shares in Emaar rose 1.4 per cent to Dhs11.35 and were the main support for Dubai’s index, which added 0.4 per cent.
UAE firms saw output growth accelerate to a three-month high of 63.2 points in September from 62.2 points in August but new orders growth dropped to 64.0 points.
The SABB HSBC Saudi Arabia Purchasing Managers’ Index climbed to a seasonally adjusted 61.8 points in September, its highest level since June 2011.
The deal with Kuwait Foreign Petroleum Exploration Co helps Chevron reduce production risk and gives it more capital to increase drilling in Alberta’s Duvernay shale formation.
The first patient diagnosed with Ebola in the US, Thomas Eric Duncan, is in a critical condition.
Except for eight strikes against the Khorasan Group in Syria, all have been against Islamic State militants.
The acquisition was announced by Facebook in February and recently received regulatory approval in Europe.
The firm aims to raise $25 million in an initial public share offering (IPO).
The A380 service will help boost capacity by around 38 per cent on the Dubai-Milan route, the airline said in a statement.
The refinery could be converted into a storage terminal or might be shut down permanently following the cancellation of the investment, an official said.
The Roads and Transport Authority said that drones help access areas that are unreachable through human means and can also be used during emergencies on roads.
Yeganeh Salehi, Tehran correspondent for the UAE English language newspaper, The National, was freed last week and is said to be in good health.
Erich Pfister joins the bank from Credit Suisse, where he was head market area United Kingdom and international.
Money raised from the offering will be used to fund upgrades of its network infrastructure as well as expand its super-fast 4G LTE offering in the kingdom.
The group will acquire almost 10 per cent stake in British trading firm East India Company along with a 40 per cent share in its fine foods subsidiary.
Gold has also failed to capitalise on geopolitical tensions caused by military conflict between Russia and Ukraine and the rise of Islamic State in Iraq and Syria.
Under the reported plan, HP will separate its computer and printer businesses from its corporate hardware and services operations.
With Europe flirting with deflation, Japan not far from recession and a slowing economy in China, there are worries the recovery from the deep 2007-2009 crisis is losing traction.
State news agency WAM said on Sunday that Biden had telephoned Sheikh Mohammed bin Zayed al-Nehayan, who is also the deputy supreme commander of the UAE armed forces, over the comments.
The deadly epidemic has killed more than 3,400 people since it began in West Africa in March.
Joe Biden said that the Middle East had provided money and weapons to Al Nusra and Al Qaeda.
The Khazzan project aims to extract around one billion cubic feet (bcf) per day of gas.
British aid worker Alan Henning was part of an convoy taking medical supplies to a hospital in Syria in December last year when he was kidnapped.
The iPhone maker is expected to unveil the new iPads and the latest updates to its iMac line, according to reports.
Sultan Qaboos has been in Germany since July for medical tests.
Kuwait has invited BP, Total, Royal Dutch Shell, ExxonMobil and Chevron, to bid for an agreement for the northern Ratqa heavy oilfield.
Vodafone Qatar will buy 100 per cent of Qatar National Broadband Network, comprising 21 million shares.
Private Banking in the region is set to grow further this year, as nationals switch from protecting their wealth to growing it.