Dubai plans to launch an Advance Passenger Information System which will raise the security and cut screening time at airports.
Kuwait’s Alghanim has acquired all operational outlets of Wendy’s in the UAE with plans to open additional stores in the MENA region over the next 10 years.
The adjournment will allow time for all creditors to sign an agreement which formally pledges each will assent to the plan put forward by Dubai World.
Rushaid, the deputy head of the Muslim Brotherhood in Jordan, had criticised the UAE for designating the pan-Islamic movement as a terrorist group.
Following the expansion, the net leasable area at Manar Mall will increase from 30,000 to 60,000 sqm.
Benyan replaces Mohammed Al Mady, who was appointed as the president of the country’s military industries corporation.
The contractor made a profit of Dhs13 million ($3.54 million) in the last quarter of 2014.
The carrier made a net profit of Dhs64.6 million ($17.59 million) in the last quarter of 2014.
United Finance said in a bourse statement that it would consider Bank Nizwa’s merger proposal when its board next met.
GCC members urged the Council to pass a resolution, which authorises the use of military force or economic sanctions to enforce Council resolutions.
The statement did not make immediately clear whether al-Mady would be leaving his post at Saudi Basic Industries Corp.
The UAE follows Saudi Arabia, the United States, Germany, Britain, France and Italy in shutting their missions in the Yemeni capital Sanaa.
Qatar has been fending off allegations of corruption ever since it was awarded the 2022 tournament.
OPEC officials have expressed cautious optimism about the price recovery and noted signs of higher demand.
The WHO is still trying to track down more than half the people who were on the same Saudia airline flight from Riyadh to Manila.
Kuwait briefly halted all its oil exports on Thursday due to a dust storm and bad weather.
POSCO signed the deal to sell a 38 per cent stake plus new shares of POSCO Engineering & Construction to Saudi’s PIF.
Saudi Arabian builder Abdullah Abdul Mohsin al-Khodari and Sons said on Thursday it had been…
Four oil majors — ExxonMobil, Royal Dutch Shell , Total and BP — had each held 9.5 per cent equity stakes in the ADCO concession since the 1970s.
The loan is being arranged by Emirates NBD and will have a 10-year term and an amortising structure, sources said.
With electric cars, drones and other new modes of transport, technology is accelerating the cause of sustainable mobility. But is the Middle East prepared?
GE Aviation is using 3D printing to build the next generation of fuel-efficient, long haul engines.
The 38 year-old man developed symptoms on December 29, 2014 and passed away on February 6 this year.
The plant in Jubail will go offline on March 1, the company said in a bourse statement,
Fahmy, who is a naturalised Canadian citizen, was released on bail of $32,765 while Mohamed was released without bail.
The suspension will remain until further notice when the weather conditions improve, a spokesman said.
OSN has signed a five-year partnership with the wrestling network to distribute it as a premier channel in the MENA region.
The company said that its revenues will mainly originate through ticketing, hotels and retail segments in the project.
The company has asked lenders to provide pricing guidance for a one, three or five-year loan.
The airline chief said that the US carriers underestimated the level of competition when they signed the open skies policy in 1999.