The massive new factory, spread across 66,000 sqm, will import 50 per cent of its produce to Saudi Arabia, UAE and Qatar.
ADIA previously accused Citigroup of fraud in the initial arbitration.
Europe’s biggest airline by sales has seen some of its market shares gobbled up by ambitious Gulf airlines.
A World Bank report found the Middle East and North Africa have made the least progress over the last 50 years in improving women’s economic opportunities.
The top Spanish league looks to strengthen its ties with the region as it seeks more Middle East sponsors.
Uber has said that their services will only complement the local taxis and not compete with them.
Fairfax, which currently owns 10 per cent of BlackBerry, will pay $9 for each outstanding share.
IATA projects that Middle East carriers will post a profit of $2.1 billion in 2014.
The Indian government has hiked the duty on gold bullion imports three times this year to a record 10 per cent
The US Federal Reserve’s decision to maintain its monetary stimulus is expected to boost the the regional bond market.
Abraaj’s exit in Daniel O. Mercado Centre was executed through a buy-back arrangement with the Mercado family.
A 50-member committee has been appointed by the interim government to amend the constitution.
Spot gold was down 0.3 per cent to $1,321.56 an ounce, after a near three per cent drop on Friday.
The Canadian phone manufacturer is slashing up to 40 per cent of its global workforce as sales drop.
Accession talks launched in 2005 got bogged down in a dispute over the divided island of Cyprus.
Syria is believed to possess about 1,000 tonnes of toxins
Turkish Prime Minister Tayyip Erdogan outspoken support for Egypt’s Muslim Brotherhood has set it at odds with the Gulf Arab states.
The government controls 49 per cent of Turkish Airlines, Europe’s fourth-biggest carrier.
Bullion gained 4.2 per cent on Wednesday, its biggest daily gain since June 2012
Emirates keen to target New England trade and transfer traffic opportunities
The Abu Dhabi-based airline plans to introduce more flights, more seats and new routes to India.
Syrian President Bashar al-Assad denied that his forces were responsible for a chemical weapons attack in Ghouta.
NBF’s new entity will help facilitate expanding cross border flows between the UAE and China.
Arcapita’s plan will see it transfer its assets into a new holding company which will dispose of them over time to pay off creditors.
The new touchscreen device boasts a five-inch display and a 1.7 gigahertz processor.
The bank’s retail business in the UAE was sold to Abu Dhabi Commercial Bank in 2010.
Family-owned Italian fashion house Versace is looking to sell between 15 to 20 per cent to investors.
Report claims businessman was assaulted and forced to hand over high-value items
In a candid chat with Gulf Business, Hult Prize CEO Ahmad Ashkar discusses why he thinks the time is ripe for social entrepreneurship in the Middle East.
Most senior managers apply for jobs via the career portal on a company’s website, says study.