The acquisition of the 205.5MW Lakefield wind project in Minnesota is expected to close in Q1 2013.
Middle East airlines recorded a 10.5 per cent international passenger demand growth in November, says IATA.
Etihad Cargo announces new direct weekly freighter operation from Abu Dhabi to Guangzhou.
Two more 787s have been grounded after mechanical problems and fuel leaks.
Fuel burn savings, reliability and cabin comfort made it “a sound investment” choice.
Fiscal imbalances and rising greenhouse gases are some of the biggest global risks, says World Economic Forum report.
Gulf carriers are looking to capitalise on national carrier LOT’s precarious commercial situation, and others regionally
Sheikh Hamad bin Jassim al-Thani has said $0.5 billion will be a grant while $2 billion a deposit.
Nine years after the US-led coalition toppled Saddam Hussein there are signs that companies are moving to long-term investments in Iraq.
The company has launched it’s first store outside the Middle East in London.
The bank’s new organisational chart shows 13 managers under Corbat.
The German airline, in which Etihad has a 29 per cent stake, will now be headed by strategy chief Wolfgang Prock-Schauer.
A fifth daily non-stop service is being introduced between Dubai and Bangkok, swelling services to 35 flights a week from March 31.
Oil prices in 2013 are expected to be similar to prices in 2012, says UAE energy minister Mohammed Dhaen Al Hamli.
The precious metal had dropped to a more than four-month low of $1,625.79 on Friday.
Workers in Saudi Arabia are expected to see the biggest salary hikes in the region at six per cent, says new study.
Egypt is holing negotiations with the International Monetary Fund to get a $4.8 billion loan.
Turkey is planning to build an LNG terminal on the Gulf of Saros to meet increasing demand.
A total of 121 journalists were killed last year, says international journalists’ group.
Abu Dhabi-based Etihad could pay up to $330 million for a 24 per cent stake in Jet Airways, says source.
The project, located in Turkey’s Afsin-Elbistan region, is expected to start production in 2018.
A three-class Boeing B777-300ER will be deployed from February, providing more seats and cargo space
More than one-in-five deaths occurred in the city of Homs, says UN-commissioned study.
Africa’s vast lands, fast economic growth and a sense of political stability are all attracting regional investors.
FlyGeorgia has begun services to Dubai, its fourth Middle East route
The Abu Dhabi-based airline is in final stages to acquire a part of the Indian carrier, say sources.
International banks are shrinking their regional businesses as deal activity dries up.
Abu Dhabi National Energy Co(TAQA) confirmed that production was expected to begin in 2013.
Brent crude prices were also buoyed by promising data from top energy consumer China.
The Senate-backed deal was passed late on Tuesday in the House of Representatives.