The new wide body offering from Airbus is set to rival Boeing’s 787 Dreamliner.
The new duty comes after the European Union removed the Gulf states from its generalised scheme of preferences.
The 330 square metre facility will highlight operations and achievements of commercial air travel.
The German airline’s CEO Christoph Franz said that Lufthansa may enter a partnership, but there was “no rush.”
Lloyds also said on Wednesday that it would close its business in Dubai and intended to withdraw from South Africa.
The new four-year deal promotes the Dubai-based carrier to main shirt sponsor of the club from the 2013/14 season.
The UK’s new residency criteria could have major consequences for some expats, says James Thomas, regional director at Acuma Independent Financial Advice.
Qatar Holding, along with Azerbaijan’s SOFAZ and Norges Bank Investment Management, invested $479-639 million each in VTB.
Majid Al Futtaim Hypermarkets operates 50 hypermarkets and 44 supermarkets under the Carrefour name.
The country’s mission in Libya was targeted by a car bomb in April.
The order, which will bring Oman Air’s A330 fleet to a total of 10 aircraft, is thought to be worth around $720 million.
China and Europe boosted Italian fashion giant’s revenues to $2.7 billion in 2012.
The Bank of London and The Middle East plans to open an office in Dubai this year to help boost its capital markets.
In April, Versace CEO Gian Giacomo Ferraris said the house may consider opening the company to outside investors to help fund expansion
Persistent problems weigh heavy on Europe
Germany’s second-biggest carrier, almost 30 per cent-owned by Etihad, suffered a first-quarter loss before interest and tax (EBIT) of 188.4 million euros ($244.5 million).
The inaugural flight carried the code of the Dutch airliner KLM as it took off for Netherlands’ capital city on Wednesday morning.
Centrica and QPI said in April they would buy Suncor Energy Inc’s gas business in Canada for C$1 billion ($986.73 million) in their first acquisition.
Regional diversity makes Dubai the first choice for Expo 2020 bid, says UK minister.
Under the deal, the companies would send up to 15.6 million tonnes of LNG each year to their South Hook terminal in Wales from the Golden Pass plant in Texas.
Industry leaders from flydubai, Lufthansa and Boeing discuss the future of low-cost travel at Arabian Travel Market.
A source has said Qatar Solar Technologies (QSTec) is willing to take a minority stake in the German solar company.
Abu Dhabi clean energy company Masdar has signed an MoU with UK’s GIB.
HH Sheikh Khalifa will meet prime minister David Cameron on Wednesday.
The 30-year venture puts Shell in position to renew its role in the UAE’s largest onshore oil concession when that contract comes up for renewal next year.
The UAE has imported $365 millon worth of Polish products including ceramic and chemical products, machines and mechanical devices, and food products.
Eleven Godolphin horses based at Newmarket in southern England tested positive for steroids, including Certify and Opinion Poll.
Middle East travellers should brace themselves for cancellations and delays from today’s strike by the public services trade union ver.di
Construction of the $1.5 billion condensate refinery is expected to be completed by the second half of 2016.
The company, which employs 40,000 people spread across 40 countries, made a net profit of around $6.59 billion in 2012.