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.
Unless you diversify and explore all the options in the market, you will not get the returns you expect, say experts.
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.
Define your target market and budget time and money wisely to reap returns from your digital strategy, says Andrew Lee Miller, marketing director of YaDig.com.
Local banks will have home-advantage when financing infrastructure projects but smaller assets than international lenders.
Abu Dhabi Commercial Bank posted a net profit of Dhs595 million, as non-interest income declined.
Kaspersky Lab report digs up alarming statistics about the UAE’s vulnerability to scam attacks.
The natural gas firm becomes the country’s first company to fail to repay a bond, also missing a $18.75 million accrued profit payment.
NBAD now expects lending to grow between four to eight per cent this year, down from its earlier forecast of 10 per cent.
The US Federal Energy Regulatory Commission may seek a $435 million civil penalty and roughly $35 million in disgorgement from the lender.
GCC cities fail to feature in World Economic Forum’s report as top six places remain unchanged.
The Dubai-based developer reported profit of Dhs156 million for the nine months of the year.
The Abu Dhabi-based cooling company made a net profit of Dhs167.6 million during the nine months to September 30.
The Abu Dhabi airline’s application for an operating permit was rejected by Ethiopia’s aviation authority.
The airport handled 4.78 million passengers in September 2012.
NBAD, which opened an office in Shanghai earlier this year, plans to expand its presence in Asia.
As per the budget, total spending for the year will be Dhs44.6 billion.
Human Rights Watch described the law as “a commitment to censorship”.
Abu Dhabi’s flagship carrier has bought two new A330-200s and converted seven A320s into the larger A321.
The Sharjah-based gas firm has reached a standstill agreement with bondholders, say sources.
The world’s third-largest port operator recorded a 0.7 per cent year-on-year fall in the third quarter.
The lender has mandated HSBC, Morgan Stanley, National Bank of Abu Dhabi and Standard Chartered to arrange the roadshows.
The Cairo real estate market could be poised for recovery as investor confidence returns due to a more stable political environment after the appointment of a new government
Construction labour costs in the Kingdom are 51 per cent higher than in Qatar, says new report.
The lender grew its total number of assets by five per cent while its shareholders’ equity dropped by two per cent.
The Qatari lender hopes to increase capital by up to $1.6 billion in 2013.
Their combined budget surplus could turn into a deficit by 2017, the International Monetary Fund has warned.
TAQA has a 60 per cent stake in Netherlands’ 4.1 billion cubic metre Bergermeer storage facility.