Deal provides Abu Dhabi carrier with better connectivity throughout Africa and Nairobi-based airline with improved international access.
Donor countries meeting in Kuwait last month pledged more than $1.5 billion to aid Syrians affected by the civil war.
Recent predictions suggest the value of food imports into the GCC alone will hit US$53.1 billion by 2020.
The structure could play a role in Islamic finance after it was used for the first time by London-based subsidiary of Kuwaiti firm Securities House.
The French Rafale jet and BAE Systems-backed Eurofighter Typhoon are in a closely-contested race to win the deal.
Consumer spending has been a main driver for the economy battered by two years of political turmoil.
Tom Emmet will head up the lender’s mergers and acquisitions business in the MENA region.
Gulf Business reveals the top 10 wealthiest names from the world of sport.
The developer is showcasing its Dubai-based properties to Indian investors.
Once again, Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud tops the Gulf Business power list. In an exclusive interview, he opens up to Aarti Nagraj on how it felt to double his share price in 2012 and why he fears for the Saudi unemployment timebomb.
Prince Alwaleed tops the 2013 Gulf Business list of influential businesspeople.
Rafale jets have the UAE interested but Eurofighter chief says India deal is far from closed.
Move provides Emirates with an avenue for growth beyond Manila and travellers with more flying options
The value of the deal was not disclosed, but it is estimated to be between $150 to $300 million.
France is hopeful of selling 60 Rafales to the UAE despite criticism of the plane’s manufacturer in 2010.
The precious metal fell to around $1,598 an ounce on Friday, its weakest since August.
Abu Dhabi’s TAQA said that two columns of oil have been found since drilling began in November.
The development in Karachi may reportedly include the world’s tallest building.
Up to 57 per cent of companies in the UAE are definitely or probably hiring new personnel in the coming three months, finds new survey.
Kingdom Holding already has investments in China’s entertainment and hotel sectors.
Swiss, Australian and South African currencies may face weakness in 2013, says Matein Khalid, fund manager in a royal investment office.
The emirate is sensitive to the issue given its geographical positioning to countries targeted by sanctions.
Bucharest is one of those cities that exist at the edge of extremes. Beautiful yet dilapidated, chic yet downtrodden, it is an Eastern European curiosity.
Asians bought less jewellery and Western investment dipped, the World Gold Council said.
UNICEF eyes the prevention; global healthcare giant Medtronic targets a cure.
Signs of recovery are visible in the market with strong indications of growth, according to a senior official at Emirates NBD.
Consumption of oil will expand by 840,000 barrels per day (bpd) this year, 80,000 bpd more than previously expected.
Oil majors Exxon Mobil and Total have upset the government by signing deals in Kurdistan.
Demographics of the region’s internet users and number of people online suggest it could improve rapidly.
The offer from trade minister, Toshimitsu Motegi, was aimed at freeing up extra oil.