Net income spike provided some respite for the company after the much-publicised grounding of its Dreamliner programme.
The deal will take V-22 Osprey aircraft, advanced refueling tankers, anti-air defense missiles and 25 F-16 Desert Falcon jets to the region.
Although shareholders are watching US CEOs more closely, the top executives are still earning huge sums and receive plenty of perks.
Saudi Arabia, the world’s top oil exporter and birthplace of Islam, is a key regional U.S. ally.
Recent weak data from China and the United States has caused concern about oil demand.
Both companies are involved in LNG projects in Qatar and have shared interests in LNG terminals in the UK, Italy and the US.
The deal is the first joint investment by Qatar Petroleum International and Britain’s biggest energy supplier.
The former US President says the emirate’s model of “shared prosperity” is an inspiration for the Middle East.
Representatives from over 30 nations will gather in Bahrain to practise minesweeping and escorting ships.
The UAE withdrew its visa waiver for Canadian citizens more than two years ago amid a dispute over landing rights.
The Abu Dhabi carrier will also open a $6.8 million premium lounge this week in Terminal A at Dulles Airport for first and business class passengers
Under the agreement the company will explore for oil and natural gas in Blocks 39 and 67.
Gold is likely to remain in consolidation in the next few months, say experts.
The American fashion label will launch its first Middle East store in the emirate in 2014.
Zack Shahin has been convicted of embezzling Dhs30 million along with the three other men.
Shipments to the US from OPEC’s top producer had dipped earlier in the year.
The long-running Middle East peace process took a back seat at the start of Obama’s four-day tour.
US-based Mosaic Co plans to invest up to $1 billion in a joint venture with Saudi firms Ma’aden and SABIC.
First-quarter sales volumes will be down by around 40,000 bpd partly due to production issues in the MENA region.
Deborah Jones, a former ambassador to Kuwait, has been appointed to the post.
Obama met about 10 leaders on Monday to seek input for his meetings in the region.
Better-than-expected US jobs data helped push spot gold up 0.2 per cent to $1,580.66 an ounce.
The UAE’s imports from the US equalled around $22.57 billion, up roughly $6.7 billion over 2011.
The gains came as investors poured money into blue-chip stocks on signs of an improving US economy.
U.S. crude has fallen around $8 per barrel over the last month.
Kuwait’s Petrochemical Industries Co (PIC) pulled out of a $17.4 billion joint venture deal in late 2008.
With 80 per cent of Starwood’s pipeline coming from rapidly growing markets, President says it’s not possible to lead a truly global business “from a boardroom in Connecticut”
American fashion house will open a Hollister store in Mall of the Emirates in Q3 of this year.
The top U.S. diplomat will visit Saudi Arabia, Qatar and the UAE in his nine-country whistle stop tour.
The global boss of Tiffany & Co, Mike Kowalski, plans to put the sparkle back into lost earnings with a focus on emerging markets.