Business / Middle East Business

Qatar Airways shifts to Amadeus Altéa departure control system 22 Nov 2013 - 06:20 am

Doha/Dubai: Amadeus, a leading technology partner for the global travel industry, and Qatar Airways yesterday announced the airline’s successful migration to Altéa Departure...

Dubai seeks global help to reform awqaf 22 Nov 2013 - 06:19 am

DUBAI: Dubai is in talks with Islamic endowments in countries as far afield as South Africa and New Zealand to promote its drive...

Qatar attends GCC workshop 21 Nov 2013 - 08:58 am

Abu Dhabi: Sheikh Khalid bin Jassem Al Thani, the Human Rights Office Director at the Ministry of Foreign Affairs represented Qatar at the...

Abu Dhabi’s Mubadala Aerospace eyes US deals in growth drive 21 Nov 2013 - 08:56 am

DUBAI: The aerospace unit of Abu Dhabi investment fund Mubadala is targeting acquisitions in the US to expand its manufacturing capabilities after securing...

US shale boom not a concern for Riyadh 21 Nov 2013 - 08:51 am

DUBAI: Top oil exporter Saudi Arabia remains unconcerned by surging US shale output, which threatens to eat into Opec’s market share, and sees...

Qatargas delivers cargo to China’s new LNG terminal 20 Nov 2013 - 01:01 pm

DUBAI: Qatargas delivered the first commissioning cargo of liquefied natural gas (LNG) to China's new Tangshan LNG terminal on November 15, the company...

Qatargas delivers cargo to China’s new LNG terminal 20 Nov 2013 - 01:01 pm

DUBAI: Qatargas delivered the first commissioning cargo of liquefied natural gas (LNG) to China's new Tangshan LNG terminal on November 15, the company...

Abu Dhabi’s Aldar picks banks for sukuk sale 20 Nov 2013 - 01:00 pm

ABU DHABI: Aldar Properties, Abu Dhabi’s largest property developer, has hired five banks to arrange the sale of a benchmark-sized Islamic bond, or...

Airbus, Boeing sign Gulf deals at Air Show 19 Nov 2013 - 07:41 am

DUBAI: Airbus and Boeing signed deals to buy some $5bn of parts and materials from Abu Dhabi yesterday, in a sign Gulf states...

Dubai Investments plans to raise $300m from sukuk sale 19 Nov 2013 - 07:15 am

DUBAI: Dubai Investments aims to raise $300m from a debut sale of Islamic bonds by the end of 2013 after delaying a similar...

Saudi bourse tightens rules 19 Nov 2013 - 07:15 am

RIYADH: The Saudi Arabian Capital Market Authority (CMA) has tightened rules on how long shares in listed firms can trade if the companies...

Deutsche Bank in trouble for denying data 19 Nov 2013 - 07:11 am

DUBAI: The regulator of Dubai's tax-free financial centre has sued Deutsche Bank, claiming that the German lender unlawfully refused to provide information as...

Gulf airlines splash out over $150bn at air show 18 Nov 2013 - 02:05 pm

A model of the Boeing 777-9X on display at the Dubai Air Show yesterday. Etihad Airways ordered 87 Airbus planes, including 50 extra-wide-body...

Flydubai sees burgeoning demand for budget travel 18 Nov 2013 - 02:02 pm

DUBAI: There is plenty of untapped demand for mid-range travel from Dubai’s tourism hub despite the massive capacity at the airport filling up,...

UAE bank lobby official urges sanctions for new mortgage law 18 Nov 2013 - 02:01 pm

DUBAI: The head of the United Arab Emirates Banks Federation has called for sanctions to be introduced to back up the country’s new...

Etihad in talks to buy 75 Airbus jets in order worth $16bn 17 Nov 2013 - 08:14 am

DUBAI: Abu Dhabi’s Etihad Airways is in talks to order as many as 75 Airbus jets, including around 50 of the European planemaker’s...

Egypt’s wheat supply to last until March 5, says minister 17 Nov 2013 - 08:11 am

CAIRO: Egypt’s wheat supply is sufficient to last the country until March 5, the supplies minister said yesterday. Mohamed Abu Shadi said in...

Boeing set to dominate Dubai Air Show 16 Nov 2013 - 04:41 am

DUBAI: Perennial foes Airbus and Boeing get set for another skirmish at the Dubai Air Show today, with the US plane maker tipped...