The first property under the new brand is due to open on The Pearl, Qatar in September.
The most important news and announcements from the opening day of the region’s biggest travel event.
Emirates president Tim Clark said the airlines were not influenced by Etihad’s partnership with Virgin Australia.
The national airline carried a total of 463,999 passengers in the last year.
Emirates and Qatar Airways are expected to be among the first and possibly biggest customers for Boeing’s latest aircraft.
Citi’s family office unit is part of the private bank business which manages over $250 billion in assets and serves over a third of the world’s billionaires.
A source has said Qatar Solar Technologies (QSTec) is willing to take a minority stake in the German solar company.
The deal is being channelled through Qatar Foundation Endowment.
Study finds over three-quarters of Muslims in MENA and South Asia want sharia courts to decide family law issues such as divorce and property disputes.
The social networking site generated mobile advertising revenues of almost $375 million during the first quarter.
Japanese Oil Development Co. owns 12 per cent of the Abu Dhabi Marine Operating Company oil and gas concession which expires in 2018.
Abu Dhabi clean energy company Masdar has signed an MoU with UK’s GIB.
Sheikh Salman secured 33 of the 46 presidential votes available from AFC member associations in Malaysia.
Emirates airline is among customers clamoring for the cost-saving 777X as early as possible in this decade.
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KSA’s oil minister said it is good news that U.S. crude output has jumped to the highest level in around 20 years.
HH Sheikh Khalifa will meet prime minister David Cameron on Wednesday.
The 30-year venture puts Shell in position to renew its role in the UAE’s largest onshore oil concession when that contract comes up for renewal next year.
The majority of the NRIs have investments in illiquid assets and expect familial support during retirement.
The first day of the third Annual Investment Meeting in Dubai began with a heavy focus on investment in Africa.
Saudi Oil Minister Ali al-Naimi is giving a major energy speech in the US on Tuesday.
The SPDR Gold Trust, the world’s largest gold-backed exchange-traded fund, said its holdings fell 0.22 per cent to 1,080.64 tonnes.
Majid Al Futtaim is eyeing the acquisition of Mansour Group’s Metro chain and discount grocery store Kheir Zaman.
The UAE has imported $365 millon worth of Polish products including ceramic and chemical products, machines and mechanical devices, and food products.
Both cash gold and futures sank to around $1,321 on April 16, their lowest in over two years.
Some experts say the GCC suffers from a lack of local halal certification bodies, as buyers opt for European rivals.
The value of mergers & acquisitions in the region rose to $14.6 billion in the first quarter of the year, finds Ernst & Young.
Net income spike provided some respite for the company after the much-publicised grounding of its Dreamliner programme.
The Abu Dhabi carrier is approved to buy 27.3 million shares at 754.74 rupees each on a preferential basis.
Eleven Godolphin horses based at Newmarket in southern England tested positive for steroids, including Certify and Opinion Poll.