Investcorp will provide capital to Eyck, a newly established investment manager founded by Khing Oei.
Ali Rehmat Assadi will stand trial in the UAE on charges of abducting Abbas Yazdi, who went missing in June, a source said.
The region saw the strongest passenger growth worldwide, IATA said.
UniCredit, which is one of Alitalia’s creditor banks, owns a 13 per cent stake in the airline after it took part in a 500 million euro share issue.
Etihad has finished reviewing Alitalia’s books as it considers whether to invest as much as 300 million euros via a capital increase, sources say.
A carrier must be more than 50 per cent owned and “effectively controlled” by an EU member state or EU citizens to obtain an operating license.
The Japanese automotive industry is one of the most prominent in the world.
The club’s co-CEO Barbara Berlusconi said she would travel to the Middle East to find partners for the club.
Doha carrier looks to attract two-way traffic with new Oneworld member US Airways as it launches fifth US destination
Two bombs killed a police officer and wounded five other security forces who had been guarding the facility, the ministry said.
A sudanese official declined to disclose the total value of aid that Qatar had agreed to offer Sudan.
The low-cost airline said all flights to and from Dubai between May 1- July 20 will operate out of Sharjah.
The expansion is part of British Airways’ investment in Saudi Arabia and the wider Middle East.
Sami Asad, formerly the CEO of Arabtec’s Construction Group, will now lead the newly created subsidiary, Arabtec Egypt.
The Southeast Asian country has been facing political turmoil since November.
The states will use their Wessal Capital joint venture to make the investment.
Apple and Samsung have been litigating around the world for nearly three years.
A sharp slowdown in major emerging economies will affect GCC countries through falling oil market prices, a report says.
Apple is expected to launch its latest smartphone this autumn.
The tenth anniversary of the Kingsman Dubai sugar conference was held as the fourth consecutive year of global sugar stocks increase.
HotStats MENA report highlights good month for UAE hotels and Jeddah whereas across the region the trading picture is mixed
European real estate investment from the Middle East reached nearly €10 billion ($13.7 billion) in 2013, finds CBRE report.
Executives from 13 companies listed on the DFM and NASDAQ Dubai will meet investors on April 28 and 29 in London.
The theft of jewels worth $20 million and the disappearance of Saudi businessman Mohammad al-Ruwaili has strained Thai-Saudi relations.
African countries are catching the eye of international investors as growth decelerates in India, China and Brazil.
There was no immediate claim of responsibility for the attack.
Dalya Al Muthanna is the first UAE national to take on the senior position.
Friday’s two-hour exchange in the Kingdom did not yield a shared statement or any evidence of policy changes.
US President Barack Obama made the remarks during an official visit to the Kingdom.
The Canadian firm’s share of the global smartphone market was below one per cent at the end of 2013.