The airline’s president Tim Clark has said the carrier could make its most expensive purchase ever from Boeing.
Dubai-based Emirates will now serve as the official airline of the games and the Queen’s Baton Relay.
The Bahraini telecoms firm accused Siva Ltd of not adhering to a settlement agreement over their joint venture S Tel.
The two Abu Dhabi-based developers both reported higher quarterly profit on Wednesday even with asset writedowns.
A report from the UK-based lender says the emirate’s overall debt burden remains a challenge.
UAE investors are holding onto their cash and assets amid the uncertain economic outlook, however India is a favourite for investment.
Price guidance for QNB’s new bond was released at 155 basis points over midswaps, with transaction expected Wednesday.
The two leaders discussed regional and international developments, Palestine and the situation in Syria.
QP had owned 30 per cent of the company having previously spun off 70 per cent in 2008.
The Abu Dhabi developer’s profit was driven by rising revenues from national housing projects.
Aventicum Capital Management will focus on investments in emerging and frontier markets in the Middle East and Turkey.
Prime Minister David Cameron’s visit to the country comes to an end as both parties discuss a strategic air defence relationship.
The two Gulf countries are planning to buy Lockheed missile-defense systems worth up to $7.6 billion.
Sharjah-based Dana did not repay a five-year convertible Sukuk on maturity last week.
Employees in the private sector will get one- day off to mark the Islamic New Year.
The Dubai-based contractor said it was looking at equity-linked fundraising options.
Khalifa Mohammed al-Kindi is the new chairman while Sultan Nasser al-Suweidi remains governor of the bank.
The Abu Dhabi investment fund said the move was aimed at making documentation more consistent.
The company’s profit rose as it booked gains in the fair value of its investment properties.
The blasts in Bahrain’s capital Manama killed two workers and injured another.
Ferrari’s Fernando Alonso fails to regain the championship lead from title rival Sebastian Vettel.
Norway’s Government Pension Fund Global has beaten the emirate to the top spot with assets worth $656.2 billion.
The dairy company raised SAR1 billion through the first tranche of a Sukuk in March this year.
Atleast 22 people were killed and over 130 were injured in a gas tanker explosion in Riyadh on Thursday.
DIB’s quarterly net profit remains flat despite a jump in provisions with impairments worth Dhs309 million.
The two banks signed a partnership agreement to cooperate in trade and project finance.
Project contracts will be awarded by end of 2012, the Roads and Transport Authority has said.
The deal, signed with UAE’s Mubadala, is expected to add $500 million to Guinea’s GDP.
Dubai Financial Market said revenue increased 16 per cent during the quarter to Dhs36.8 million.
The troubled Saudi construction company reported a third quarter loss of $9 million.