The Dubai developer is now valued at $2.65 billion.
Businessman Victor Dahdaleh is on trial accused of paying some $67 million in bribes to former Alba managers.
Prior negotiations between the two telcos collapsed around the start of 2013, according to sources.
The competition will become even stronger if sanctions on Iran are lifted in coming months.
Up to 85 per cent of non-resident Indians in the UAE remit their salaries, revealed a survey by Friends Provident.
Western sanctions imposed in 2012 on Iran for its nuclear programme have cost the country its market share in OPEC.
Iran’s foreign minister said that the nuclear deal reached in Geneva on Nov. 24 should not be seen as a threat.
Saudi Arabia and Qatar are the main backers of the Syrian National Coalition and the Free Syrian Army.
UAE’s Sheikh Abdullah bin Zayed is expected to meet Iranian Foreign Minister Mohammad Javad Zarif and other officials.
Iran signed an interim deal with six world powers to curb its nuclear programme.
The consortium plans to launch the new lender in the fourth quarter of 2014.
The refinery will have a capacity of two million tonnes per annum.
The deal is expected to be worth between 1 billion euros ($1.4 billion) and 1.5 billion, sources say.
Saleh Lootah argued for a single global Halal standard at the Global Islamic Economy Summit.
The deal will cover maintenance work on 12 gas units at new power plants in Riyadh.
Under the deal, signed on Sunday, Iran is being given relief from sanctions in return for curbs to its nuclear programme.
Should Dubai win the Expo 2020, what can it learn from previous world fairs?
The agreement between Iran and the United States, France, Germany, Britain, China and Russia was nailed down after more than four days of negotiations.
Experts are working around the clock to prevent another cable cut disaster.
The UAE and other GCC countries continue to have low taxation polices which has helped boost trade in turn.
This national airline stopped operating flights to Iraq after the 1990 Iraqi invasion.
An additional 1.2 to 1.6 million GCC citizens could enter the labour market by 2018, estimates the International Monetary Fund.
The firm won industrial orders worth over $5 billion at the air show to sell parts and materials to Boeing and Airbus.
Saudi is evaluating options for its naval modernisation programme, including purchases of up to 12 of Lockheed’s steel monohull Littoral Combat Ship
Scottish city will be Qatar’s third UK destination and means the country’s two key cities will shortly be served by two Gulf carriers.
The soft loans will be granted through the Kuwait Fund for Arab Economic Development, said emir Sheikh Sabah al-Ahmed al-Jaber al-Sabah
Deal designed to fuel network growth and foster the country’s ongoing reconstruction.
At least 100 people were injured when two explosions targeted the Iranian embassy on Tuesday.
Airbus currently produces 42 of the current version of the A320
The carrier ordered 10 A320neos at the Dubai Airshow which are due to be delivered between 2018 and 2020.