Airbus has said tests are going well on its new lightweight, medium-sized jet, developed at an estimated cost of $15 billion.
The next round of senior-level negotiations is due to take place next week in Vienna.
The full functioning of the Gulf Customs Union has been partly delayed by disagreements over a formula on how to divide customs revenues between the states.
The hotelier is currently mulling six projects in Dubai, says chairman.
The Middle East is expected to benefit from the high rate of outbound travel spend by Asian travellers, a study says.
The project includes the redevelopment of the former international airport in Hellenikon, Athens.
The country’s economy is predicted to grow 2.1 per cent this fiscal year, finds poll.
Oil prices are set to drop to $106 per barrel in 2014 and $101 next year from around $108 now.
State-linked firms are likely to repay obligations ahead of schedule.
IMF official asks Dubai officials to look at stricter measures such as those used in Singapore and Hong Kong to cool property market.
Alkhair, which has been operating in the Saudi market since 2009, opened an office in the Dubai last month.
Bidders include Australia’s WorleyParsons, consulting firm McKinsey & Co and Japan’s Oriental Consultants.
Economy and Planning Minister targets annual economic growth of five percent in the country’s 2015-19 development plan.
Ultimatum a sign of the Capital Markets Authority (CMA) tightening its oversight on corporate disclosure norms in the Gulf State’s financial sector.
Growth expected as a result of the country’s next five-year development plan.
Decision reverses an earlier plan to hold a multimillion dollar auction.
The need to educate Gulf vacationers is rising as the region is growing to be a source market for cruise tourists.
The aid helps reduce the heavy costs of government fuel subsidies and the drain on foreign exchange reserves.
Dubai International Airport and the JW Marriott Marquis Hotel Dubai voted best for business travelers in the Middle East
The Arab nation is looking towards the Gulf region to revive its slowing tourism sector
The fashion retailer is planning to expand across locations in the Middle East, Eastern Europe and Central and Southern Asia.
The April survey marks the first time since last September that the ratio of managers who are bearish on UAE equities exceeds the ratio of bullish ones.
The implementation of measures against financial crime is of growing importance in the region, a new KPMG survey says.
The patient, 27, was living in the Saudi capital Riyadh, the ministry said.
As the GCC embarks on a colossal rail network, the region’s trade and logistics sector is poised for metamorphosis.
The Middle East’s oil exporting countries are turning to solar energy options to power themselves. But the region still faces some stumbling blocks when tapping the sun’s power.
Arab bankers said they expect to see global banks moving increasingly to sell Middle East retail units or merge subsidiaries with other banks.
The GCC’s facilities management firms are booming as more buildings are erected but the industry is aiming for sustainable growth this time around.
Move helps elevate Four Seasons’ private jet itineraries which have been on sale since 2012
The firm will undertake the civil construction portion of the mixed use development in Algiers, it said in a statement.