The Abu Dhabi-based group will invest around $200 million in its hypermarkets across Malaysia.
German media have reported interest by Saudi Arabia in buying up to 800 Leopard 2 tanks from Germany.
In future, the closing price will be the average of all trades in the final 15 minutes, weighted by the volume traded at each price.
Move likely to be welcomed by resident and transfer passengers but both airports will be under scrutiny
Cargo traffic at Abu Dhabi’s Khalifa and Zayed ports combined is expected to top 12 million tonnes this year, up from 9.3 million tonnes in 2013.
The number of job vacancies saw a two per cent year-on-year growth in March while jobseekers rose seven per cent, says a new survey.
From early July, shops may be required to close at 9pm instead of midnight.
The Dubai Fountain and the Creek were some of the attractions highlighted in the emirate.
Iran boasts a large, educated population and a wealth of business opportunities, writes Ali Borhani, founder of Incubeemea.com.
The project, being developed in partnership with Meraas, will be located in the Dubai developer’s multi-themed park project in Jebel Ali.
The firm attributed higher revenues to a strong recovery in the capital markets and a pick-up in the local market for IPOs.
The emirate recorded sales activities worth Dhs31.5 billion and mortgage transactions worth Dhs28 billion in Q1 2014, the land department says.
The bank made SAR1.71 billion ($456 million) in the three months ended March 31.
Net profit was KD83.9 million in the three months to the end of March.
Lenders hurting themselves by cold-calling customers, says head of Retail Banking at Emirates NBD.
Emirates, which may appeal the decision, started to fly the Malpensa-New York route in October last year.
ExxonMobil, Royal Dutch Shell, Total and BP have each held 9.5 per cent equity stakes in the ADCO concession since the 1970s.
A statement said all forms of communication were banned from discussing the case, including news outlets and social media.
Is the rise of shale gas and oil a threat or an opportunity for GCC nations?
The average selling price of a smartphone globally is seen dropping by more than a fifth by 2018, to $260.
Riyadh-based Kudu operates more than 200 restaurants in the Kingdom.
The gunmen opened fire on a border patrol in Asir, SPA reported, but did not say who was behind the attack.
The company’s total steel production currently stands at six million tonnes per year.
The 250-room hotel at Dragon Mart will be managed by Accor under the ibis Styles brand.
Fenox Venture Capital firm has inked a partnership with Innovation 360, a Dubai-based innovation consultancy to invest in start-ups in the region.
The Canadian firm may consider exiting handsets and focus on investments, acquisitions and partnerships.
The Saraya Bandar Jissah development includes two hotels to be operated by Jumeirah Group.
Mubadala was last in the market in April 2011 through a $1.5 billion five-and 10-year trade.
The Landmark group hopes to have at least 10 Oasis Centre malls operational across the GCC by the end of 2015.
The project will include 388 serviced living units, with prices starting at Dhs625,100.