France has been hoping to sign a contract to equip Qatar’s air force with Rafale fighter planes made by Dassault.
DEG has a current portfolio of 160 million euros in the MENA region but has not been very active since 2011.
Dassault’s Rafale jets and the BAE Systems-backed Eurofighter have been locked in competition for the deal to replace at least 60 of the UAE’s Mirage fleet.
Etihad has wasted no time in taking its commercial relationship to the next level, after starting daily flights between Abu Dhabi and Belgrade on Saturday
Porsche was forced to sell the stake to Qatar Holding in 2009 as a way to prop up its strained finances.
Mark Beer becomes an OBE and Joseph Tabet an MBE, in recognition of their work to promote UAE-UK ties
The new wide body offering from Airbus is set to rival Boeing’s 787 Dreamliner.
The new duty comes after the European Union removed the Gulf states from its generalised scheme of preferences.
The 330 square metre facility will highlight operations and achievements of commercial air travel.
The German airline’s CEO Christoph Franz said that Lufthansa may enter a partnership, but there was “no rush.”
Lloyds also said on Wednesday that it would close its business in Dubai and intended to withdraw from South Africa.
The new four-year deal promotes the Dubai-based carrier to main shirt sponsor of the club from the 2013/14 season.
The UK’s new residency criteria could have major consequences for some expats, says James Thomas, regional director at Acuma Independent Financial Advice.
Qatar Holding, along with Azerbaijan’s SOFAZ and Norges Bank Investment Management, invested $479-639 million each in VTB.
Majid Al Futtaim Hypermarkets operates 50 hypermarkets and 44 supermarkets under the Carrefour name.
The country’s mission in Libya was targeted by a car bomb in April.
The order, which will bring Oman Air’s A330 fleet to a total of 10 aircraft, is thought to be worth around $720 million.
China and Europe boosted Italian fashion giant’s revenues to $2.7 billion in 2012.
The Bank of London and The Middle East plans to open an office in Dubai this year to help boost its capital markets.
In April, Versace CEO Gian Giacomo Ferraris said the house may consider opening the company to outside investors to help fund expansion
Persistent problems weigh heavy on Europe
Germany’s second-biggest carrier, almost 30 per cent-owned by Etihad, suffered a first-quarter loss before interest and tax (EBIT) of 188.4 million euros ($244.5 million).
The inaugural flight carried the code of the Dutch airliner KLM as it took off for Netherlands’ capital city on Wednesday morning.
Centrica and QPI said in April they would buy Suncor Energy Inc’s gas business in Canada for C$1 billion ($986.73 million) in their first acquisition.
Regional diversity makes Dubai the first choice for Expo 2020 bid, says UK minister.
Under the deal, the companies would send up to 15.6 million tonnes of LNG each year to their South Hook terminal in Wales from the Golden Pass plant in Texas.
Industry leaders from flydubai, Lufthansa and Boeing discuss the future of low-cost travel at Arabian Travel Market.
A source has said Qatar Solar Technologies (QSTec) is willing to take a minority stake in the German solar company.
Abu Dhabi clean energy company Masdar has signed an MoU with UK’s GIB.
HH Sheikh Khalifa will meet prime minister David Cameron on Wednesday.