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Qatar Airways resumes Dreamliner service on London Heathrow route

Qatar Airways has resumed Boeing 787 Dreamliner services between Doha and London Heathrow after a worldwide grounding of the aircraft earlier this year.

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Gulf Capital to raise $360m

Gulf Capital to raise $360m

Abu Dhabi-based private equity firm Gulf Capital is close to signing a Dhs1.32bn ($359.38m) Islamic loan for its company Gulf Marine Services, some...

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CFOs need to reexamine strategy as global capital supply soars

CFOs need to reexamine strategy as global capital supply soars

Global growth in output of goods and services has been slowing while the volume of financial assets has soared. By 2020, total global capital will reach some $900 trillion in 2010 prices and...

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Three million new Egyptian households connected to internet in 2012

Three million new Egyptian households connected to internet in 2012

Egypt's official statistics agency CAPMAS has said one third of Egyptian households had internet access in 2012, up three million over the previous...

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Red Hat: Middle East technology market in transition

Red Hat: Middle East technology market in transition

A massive transformation is taking place in the Middle East technology market with new demands, tighter budgets and the need for flexibility, according to executives from Red Hat's Dubai office.

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Egypt, KSA to sign joint power line deal

Egypt, KSA to sign joint power line deal

Egyptian electricity and energy minister Ahmed Imam is expected to sign an agreement with his Saudi counterpart for the construction of an...

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World Bank funds best invested in desert power?

World Bank funds best invested in desert power?

Earlier this week, the World Bank published a report warning of the dramatic consequences of climate change and called on governments around the world to redirect the $1 trillion spent overall...

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Kharafi awarded $930m in damages for Libyan project cancellation

Kharafi awarded $930m in damages for Libyan project cancellation

Kuwaiti group M A Kharafi and Sons has been awarded $930m in damages in arbitration proceedings via the Arab League from Libya for the cancellation...

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Damac to build mega golf community in Dubai

Damac to build mega golf community in Dubai

Adding to the increasingly growing roster of mega property launches in Dubai, Damac Properties has announced plans to build a massive 28 million sq ft development in the emirate.

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NCC, Odfjell dissolve partnership

NCC, Odfjell dissolve partnership

Saudi-based National Chemical Carriers (NCC) has agreed with Odfjell Tankers (Odfjell) to dissolve their pool of 40,000 to 45,000 dwt coated...

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Kerzner to open first One&Only resort in Saudi Arabia

Kerzner to open first One&Only resort in Saudi Arabia

Kerzner International Hotels Limited, which manages the Atlantis resort on Dubai's Palm Jumeirah, has announced that it has signed a deal to open the first One&Only Resort in Saudi Arabia.

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Tumblr acquired by Yahoo for $1.1bn

Tumblr acquired by Yahoo for $1.1bn

Yahoo! Inc. has announced its board has approved acquiring popular blogging service Tumblr for around $1.1bn in cash, New York Times has reported....

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Happy birthday YouTube - the top 8 videos of all time

Happy birthday YouTube - the top 8 videos of all time

As YouTube turns eight years old, more than 100 hours of video are being uploaded each minute.

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Huawei expands their ICT services to the construction and project...

Video: ICT services and demands for the construction and project sectors are being...

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World's highest observation decks

Although Dubai's Burj Khalifa is the tallest building in the world, its...

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