The Indian government has hiked the duty on gold bullion imports three times this year to a record 10 per cent
Abraaj’s exit in Daniel O. Mercado Centre was executed through a buy-back arrangement with the Mercado family.
Spot gold was down 0.3 per cent to $1,321.56 an ounce, after a near three per cent drop on Friday.
The Abu Dhabi-based airline plans to introduce more flights, more seats and new routes to India.
NBF’s new entity will help facilitate expanding cross border flows between the UAE and China.
Low-cost airline has taken delivery of its second A330 which will be deployed on the the carrier’s first long-haul flight to Dubai from October
The agreement allows the nations to add 50,000 additional seats per week for the next three years.
The Chinese city’s large industrial development zone is likely to funnel in corporate travellers
Etihad agreed to pay $379 million for a 24 per cent stake in Jet in April.
The Australian airline formed an alliance with Dubai’s Emirates Airline this year.
Emirates will be keen to connect passengers across its global network, particularly in Europe and Africa.
China’s Renminibi is touted to be a top trading currency along with the Euro and US dollar.
Mubadala Petroleum and Kris Energy will develop the Nong Yao field with production capacity of up to 15,000 barrels of oil per day.
Qantas will operate a new Auckland-Perth service from early December through to February 1, 2014.
Rainbow Hospitals, a specialised maternity and paediatric healthcare chain, is based in Hyderabad, India.
Shanghai Tower will reach up to 632 metres high, around 200 metres shorter than Dubai’s Burj Khalifa.
The Abu Dhabi carrier is awaiting Indian regulatory approval to acquire a $379 million stake in Jet Airways.
India’s foreign investment regulator gave conditional approval to the $379 million deal.
Sky City, China’s most ambitious development, has faced criticism over its nine-month deadline.
The offer came just days after ADGAS, partly owned by ADNOC, offered 25,000 tonnes of naphtha for loading from Das Island.
Dubai World’s investment arm Istithmar bought the vessel from Cunard for $100 million back in 2007.
Under an agreement with Indian bourse BSE derivatives exchange DGCX started trading futures for the S&P BSE SENSEX.
Sri Lanka returned a 40,000-tonnes diesel cargo shipment from ENOC on Thursday saying it was “not up to the required specifications”.
ATSB report found oil leak led to a fire in the Trent 900 engine, which caused the break-up of a turbine disc and aircraft damage
China State Construction Engineering Corporation will make its first-ever Middle East investment in the Viceroy Dubai Palm Jumeirah project.
The 6MW Port Victoria Wind Farm is expected to power 2,100 homes in the island country.
Two refiners in India have asked for additional cargoes to make up for a loss of supplies from Iran, say sources.
The deal marks Qatar’s first major investment in a listed Indian company.
L&T will build a plant with a processing capacity of 75 million standard cubic feet per day.
Emaar MGF Land has been accused of using overseas funds to buy agricultural land, which is not allowed.