Toshiba’s MEA managing director, Yasuyoshi Matsunaga, talks about powering the world’s fastest elevator and Middle East expansion.
According to a Deloitte report on e-commerce in Turkey, 17 merger and acquisition deals were closed last year.
The Dubai-based cruise liner will be renovated into a 500-room luxury hotel.
But Airbus had a stronger year in the competitive single-aisle arena as it received 455 deliveries, while Boeing recorded 415 for its next-generation B737s
As countries around the world ground their 787s on battery fears, analysts say the new aircraft is only facing teething problems.
The Gulf bank is buying a 77 per cent stake in National Societe Generale Bank.
Qatar Airways CEO says it will only resume 787 operations “when we are clear that the aircraft meets the full requirements of the Airworthiness Directive”.
Regional airports were warned today to remain vigilant from ever-present security threats.
The UAE and Saudi Arabia will find it very challenging to reach their renewable energy targets if they don’t phase out fossil fuel subsidies, warns senior IEA official.
A report by the lender has warned to be wary of the US fiscal cliff, the on-going Euro crisis and the Chinese economy.
Qatar Airways CEO Akbar Al Baker says the carrier has no plans to acquire stakes in any Indian airlines.
Abu Dhabi airline’s arrival in May will help boost Netherlands-UAE trade links, currently valued at $3.6 billion
Investcorp sold the insurance industry software provider to US-headquartered Leonard Green & Partners.
Tim Clark tells Gulf Business the airline industry will continue to face problems in 2013.
Abraaj sold its stake in Vejthani to KPJ Healthcare for an undisclosed sum.
The golfing star has split from previous sponsor Jumeirah and joins Tiger Woods.
The President of the United States met with Prince Mohammed bin Nayef to discuss security issues.
The investment bank expects activity to pick up in the MENA region in 2013.
The International Renewable Energy Agency (IRENA) now has 160 participating countries.
Sales in the Middle East were up 26 per cent as Saudi and Abu Dhabi performed strongly, says global CEO.
The bank plans to slash 1,600 jobs globally to reduce costs.
V. Shankar, CEO of Standard Chartered EMEA, says much will still depend on Europe.
The Abu Dhabi National Energy Company has acquired an interest in Himachal Sorang Power Limited for an undisclosed sum.
A total of 32,865 people arrived in Kenya from the UAE in the first ten months of 2012.
Boeing said Federal Aviation Administration will find no significant issues with Dreamliner safety.
The French President will meet Sheikh Khalifa bin Zayed al-Nahayan to help Total win a $10 billion deal.
China will storm ahead of Brazil in 2013 says Matein Khalid, fund manager in a royal investment office.
Geoff Briscoe, regional director for Rolls-Royce Motor Cars, gives the insider view on the region’s luxury auto market.
INSEAD, along with the Harvard Business Review, ranks the best performing chief executives in the world.
The group expects good results at operating profit and net income level when they’re released next month.