Six rail lines carrying electric, driverless trains and extending 176 kilometres in Riyadh are to be completed by 2019.
The firm’s attributable net income from the deal will equal around 29 per cent of the $4.9 billion estimated for civil works.
India’s foreign investment regulator gave conditional approval to the $379 million deal.
Passenger traffic was aided by Emirates airline’s tie-up with Australia’s Qantas.
Qatar Airways grounded one of its Dreamliners earlier this week after a technical glitch.
The airline, undergoing a restructuring process, said that year-on-year losses reduced by over 50 per cent in the first half of 2013.
The project is the world’s largest public transport system currently under development, said Saudi officials.
The two airlines agreed to share route-booking codes in April but stopped short of an equity tie-up.
The 787 has suffered a spate of mishaps in recent weeks, including a spontaneous fire on an Ethiopian Airlines-owned aircraft.
Land Cruiser leads the sales in the SUV category while Prado and Rav4 also has recorded considerable growth in H1 2013.
The Indian capital markets watchdog has expressed reservations that the control of Jet stands the chance of passing into foreign hands post the deal.
The performance of the logistics firm was boosted by growth in core Gulf and African markets.
The UAE rail network, which will form part of the planned Gulf-wide network, is expected to cost $10.9 billion with a 1,200 kilometre route.
The Abu Dhabi carrier agreed in April to buy a 24 per cent stake in Jet Airways but political concerns and scrutiny by Indian market regulators have delayed the deal.
The UAE capital recorded the highest number of sales across the maker’s markets in the first half of 2013.
Air Arabia is the top trader on the UAE bourse after jumping 8.3 per cent to reach its highest levels since October 2008.
Work is underway on 700,000sqm facility which will be supported by dedicated road feeder services to Dubai International.
Etihad in April agreed to buy a 24 per cent stake in Jet for $379 million and it is also making a $150 million equity investment in Jet’s frequent flyer programme.
Audi’s pre-owned vehicle sales also witnessed substantial growth along with car sales.
New codeshare strengthens partnership with Korean Air beyond the interline and special prorate agreements inked four years ago.
Dubai’s aviation sector is expected to account for 32 per cent of GDP by 2020, while the sector employs over five per cent of the workforce.
The 517-seat A380 will be the first permanent superjumbo service to fly into Barcelona and replaces the Boeing B777-300ER.
New facility provides premium passengers with a smoother start to their journeys and less waiting times
New simulators to be housed in academy extension and fill training gap for long-range aircraft.
The airline will be effectively offering shuttle services throughout the day to Bangkok this winter.
The new 10-digit codes will eliminate the need for complicated and lengthy street addresses.
The double-decker will cater to growing leisure demand and serve multiple destinations across Emirates’ global network.
The Infiniti FX will become the QX70, with its first appearance in the Middle East this year.
The Abu Dhabi carrier attributed its eight per cent rise in Q2 revenue in part to its codeshare and equity alliance partners.
Public transport facilities including the metro and buses will operate on revised timings during the holy month.