Main headlines

July 18, 2014

Launched at Farnborough on Monday, the neo plane is a revamped version of the A330, sporting engine upgrades to provide more economical long-haul travel.
00:32 GMT

Qatar Airways gave Boeing a lift on Wednesday, concluding a deal for 50 of the US planemaker's revamped long-haul passenger jets and proposing to buy the same amount again.

July 17, 2014

Arab Bank also owns 40 percent of Saudi Arabia's Arab National Bank ANB.
16:13 GMT

Arab Bank has been expanding across several Middle Eastern countries and has built a reputation for stability in a region shaken by conflict and political upheaval, partly thanks to diversified investments.

The $7 billion Kuwait Metro project is another vital project currently in the stages of design and supervision.
16:05 GMT

Kuwait’s construction sector has witnessed high growth at a steady pace, driven by the announcement of several infrastructure projects in recent times.

The energy-rich country on the eastern tip of the Arabian Peninsula announced plans Wednesday to send the first unmanned Arab spaceship to Mars in 2021.
04:55 GMT

Having scaled the heights of Earth with the world's tallest tower, the United Arab Emirates is now aiming for the stars, or just a little bit closer, with an ambitious trip to Mar

July 16, 2014

Total private sector liabilities were up 5.2 percent in the first five months of the year over the end of last year to $208 billion, corresponding
23:18 GMT

Total outstanding loans received from abroad, based on a remaining maturity basis, that the Turkish private sector is obliged to repay within 12 months

With the addition of new games, the lottery system is expected to pay off in a short time. The winner will also have the right to hold the lottery every weekday.
19:46 GMT

Turkey attracted several billion dollars in privatization revenues last year driven by sell-offs in the energy sector and is now trying to focus on more profitable sales after some tender revenues came in below expectations.

The Garden Apartments range from studio to three-bedroom duplexes — each reflecting classic modernity while maintaining a balance of style and functionality.
16:41 GMT

Located just three kilometres from Burj Khalifa, the exclusive, ultra-stylish yet family-orientated community has more than 30 per cent of the 185-acre project dedicated to green living and is now offering its luxury homes for sale.

The first of 13 A380 superjumbos ordered by Qatar was scheduled to be delivered in May and exhibited during the industry's key trade show at Farnborough in Britain.
16:01 GMT

"We are a very demanding customer, we want everything to be absolutely perfect. It is absolutely disappointing to Qatar Airways."

It is also the first time Qatar had acquired Patriot missiles, which other Gulf countries such as Kuwait, Saudi Arabia and the United Arab Emirates have purchased in the past.
15:25 GMT

"As you know our region is going through a lot of instability. What we bought are weapons to defend Qatar," he said.

The two sides also agreed that the age of a housemaid from India should not be less than 30.
03:28 GMT

He said the recruitment of domestic helpers from India would inject new life into the housemaids market in light of recent problems that stopped the recruitment of labor from Indonesia and the Philippines.

Boosted by this deal, real estate was the most targeted sector, accounting 29 per cent of first half activity.
03:21 GMT

The UAE was the most active nation in the Middle East in terms of debt capital market activity in the first half, accounting for 55 per cent of activity at $12.1 billion,

Speaking at a recent unofficial Lower House meeting, Interior Minister Hussein Majali said the government is working on granting these children access to certain services for humanitarian reasons.
03:04 GMT

“What they are giving us is not enough. We want full citizenship rights for our children,” Habashneh told The Jordan Times in a recent interview.

July 15, 2014

The salaries of officials rarely exceed a few thousand pounds per month. Supplements, which can amount to several tens of times the monthly salary, are in the form of bonuses.
21:18 GMT

Although, three similar decisions were announced by several governments since January 2011, none of them have taken full effect.

Fifteen nations had issued similar warnings following the bombing of a tourist bus in the South Sinai resort of Taba.
20:48 GMT

Zaazou said hotel occupancy rates had climbed to 70 percent on the Red Sea coast and exceeded 55 percent in South Sinai as a result.

Emirates has 208 Boeing 777s pending delivery.
16:03 GMT

The $13 billion (Dh47.7 billion) OnPoint contract is for the engines that will power the airline’s 150 Boeing 777X aircraft that it is buying from Boeing for $56 billion.