The UAE’s national railway network will span 1,200 kilometres and form part of the planned Gulf-wide railway network.
Sheikh Nahayan bin Mubarak has cancelled the deal less than two weeks after it was signed.
The deal confirms Etisalat as FC Barcelona’s main sponsor in UAE, Nigeria, Ivory Coast, Benin, Togo, Niger, Gabon and the Central African Republic.
Investment Corporation of Dubai, which controls some of Dubai’s top companies, expects to complete a deal this year.
Food is the largest segment of consumer expenditure in the region and stood at $83 billion year-end 2012, says new report.
Etisalat is talking to banks about a syndicated loan of up to $8 billion to finance the potential transaction.
Wafik Nsouli will take charge as executive director and head of institutional equity sales
The Dubai-listed company has proposed to pay a cash dividend of 5 fils per share to its shareholders.
Greater investments in sustainability are urgently required, say experts.
Once complete, the facility will have the capacity to import nine million tons per annum of LNG.
The Dubai developer’s shares jumped 4.6 per cent to hit Dhs5.15, its highest close since November 2008.
The UAE lender will issue a benchmark-sized five-year bond and also a ten-year subordinated deal.
Etihad’s pause over taking a stake in Jet Airways highlights the difficulties Gulf investors have faced in India.
Shares in Germany’s second biggest airline jump after Etihad Airways buys stake in frequent flyer programme.
The Czech claimed her 10th tour victory with the win over Sara Errani on Saturday.
Deal provides Abu Dhabi carrier with better connectivity throughout Africa and Nairobi-based airline with improved international access.
The French Rafale jet and BAE Systems-backed Eurofighter Typhoon are in a closely-contested race to win the deal.
The real estate firm recorded improved sales in established communities such as Downtown Dubai and Dubai Marina.
Dubai opens its boat show as survey reveals 60 per cent of world’s top 100 superyachts are in the Middle East.
The group will now be known as UAE Banks Federation to better reflect ‘the union of UAE banks’.
Last year the operator wrote off the $827 million value of its Indian operation in its 2011 fourth-quarter results.
The developer is showcasing its Dubai-based properties to Indian investors.
Aldar, which has been bailed out by the Abu Dhabi government over the past two years, plans to merge with rival Sorough.
As part of the contract, DSI will undertake MEP works for a mixed-use real estate development in Doha.
The telecoms operator made a fourth-quarter net profit of Dhs994 million, up from Dhs440 million in Q4 2011
The Abu Dhabi-listed energy firm missed repayment of its $920 million sukuk last year.
The largest deal was for 750 mine-resistant, ambush-protected, all-terrain vehicles from Oshkosh Corp.
The money will be disbursed on an annual basis over the next 10 years.
The contract covers building the hotel as well as maintaining its development for one year.
Rafale jets have the UAE interested but Eurofighter chief says India deal is far from closed.