June 5, 2013
Airline to introduce the double-decker aircraft from January amidst "robust demand" for business and leisure traffic.
A total of 2,461 residential units were completed in Abu Dhabi during the first quarter of 2013, down 6.2 per cent compared to Q1 2012, according to official data from the Statistics Centre – Abu Dhabi (SCAD).
A global network of private companies were blacklisted by the United States on Tuesday for providing revenue to the Iranian government's leadership and helping it evade the pinch from international sanctions on Tehran's nuclear program,
Private financial wealth in the Middle East and Africa (MEA) is poised to grow 35 per cent to $6.5 trillion by 2017 driven by new wealth creation linked to strong economic expansion.
SINGAPORE: Islamic banks can help finance Asia’s burgeoning infrastructure investment needs while continuing to adhere to fundamental Sharia tenets, executives said yesterday.
Shell committed to delivering gas from Bab sour gas project by 2020.
June 4, 2013
Dubai Airport Freezone (DAFZA) recently hosted two seminars in Rome and Milan to boost the United Arab Emirates’ economic ties with Italy.
Traffic figures for the first four months of 2013 recorded a 14 per cent increase in passenger traffic compared to the same period last year.
Nearly 22 per cent of Petroleum Development Oman's (PDO) oil production will be from enhanced oil recovery (EOR) by 2020, according to the head of new technology implementation at the company.
It turned out to be largely positive for investors yesterday, as Saudi Arabia’s benchmark stock index recorded a handsome gain of 1.14 percent, which is the highest increase during last two weeks.
Standard & Poor's Ratings Services (S&P) yesterday revised its outlook on Saudi Electricity Co. (SEC) to positive from stable.
Gold jumped 2 percent yesterday, hitting its highest in more than two weeks, boosted by a tumbling dollar and disappointing US manufacturing data.
The new entity, Emirates Global Aluminium, will be jointly held by Dubai Aluminium (Dubal) and Emirates Aluminium (Emal).
Gulf carriers are now expected to turn in a profit of $1.5 billion this year compared to the previously projected $1.4 billion,
June 3, 2013
State-owned Islamic Bank of Thailand plans to increase its capital by 7.11 billion baht ($234.9 million) and issue a 5 billion baht sukuk, the country's first-ever Islamic bond, the bank said on Monday.