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Arab investor hopes to return Aston Villa to English Premier League

Arab investor hopes to return Aston Villa to English Premier League

Egyptian billionaire Nassef Sawiris and American tycoon Wes Edens will acquire a 55 percent stake in the team for about $39 million ...

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Farnborough airshow ends with $192bn in orders

Farnborough airshow ends with $192bn in orders

Boeing announced 676 orders, while Airbus unveiled 431 orders - a jump of more than 50 percent compared to 2016 ...

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New routes, airlines at Bahrain International Airport

New routes, airlines at Bahrain International Airport

State carrier Gulf Air has recently introduced eight new routes, to bring the total number of destinations served by Bahrain International Airport to 53 ...

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Saudi Aramco reaping benefit from US-China trade war

Saudi Aramco reaping benefit from US-China trade war

Saudi shipments to China have risen to 970,000 tons so far this year, compared with 1.08 million tons for the whole of 2017 ...

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Saudi Aramco CEO says SABIC deal would impact IPO timeline

Saudi Aramco CEO says SABIC deal would impact IPO timeline

Amin Nasser says a stake in SABIC makes Aramco less vulnerable to volatile oil prices, and would be positive for its revenue ...

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Chinese President ends state visit to UAE with raft of deals signed

Chinese President ends state visit to UAE with raft of deals signed

UAE agrees to set up a 'comprehensive strategic partnership' with China as President Xi Jinping wraps up a three-day visit ...

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First state-owned Chinese financial firm sets up in Abu Dhabi

First state-owned Chinese financial firm sets up in Abu Dhabi

Industrial Capacity Cooperation Financial Group Limited is expected to manage $2bn in investment, set to start ops by the end of 2018 ...

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Cerberus Capital walks away from offer for Abraaj funds

Cerberus Capital walks away from offer for Abraaj funds

Liquidators of Abraaj confirm that Cerberus has withdrawn its offer for asset management platform ...

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Revealed: how mobile phone services dominate UAE telco revenues

Revealed: how mobile phone services dominate UAE telco revenues

New report says mobile phone services account for over 80% of revenues for Etisalat and du so far in 2018 ...

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Bahrain Olympic champion faces action over alleged doping offence

Bahrain Olympic champion faces action over alleged doping offence

Kenyan-born Ruth Jebet won Olympic gold for Bahrain in Rio but has since been suspended after an urine test showed traces of banned blood booster EPO ...

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China’s President holds talks with UAE leaders in Abu Dhabi

China’s President holds talks with UAE leaders in Abu Dhabi

Leaders said to have discussed strengthening strategic bilateral ties as well as regional and international issues of mutual interest ...

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Etihad inks deal to support $1bn China-UAE industrial park project

Etihad inks deal to support $1bn China-UAE industrial park project

Strategic partnership agreed by Etihad Aviation Group and the Jiangsu Provincial Overseas Cooperation and Investment Company Limited during Chinese President's visit ...

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Saudi Arabia rejects claims it will oversupply global oil market

Saudi Arabia rejects claims it will oversupply global oil market

Under pressure from US President Donald Trump to cool rallying prices, the Gulf kingdom bolstered production by the most in three years last month ...

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Dubai’s Novus inks $1.4bn deal for Boeing 777 aircraft

Dubai’s Novus inks $1.4bn deal for Boeing 777 aircraft

Novus Aviation Capital announces agreement for four Boeing planes at the Farnborough International Airshow ...

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Dubai’s Abraaj said to face lawsuit over Turkish dairy maker

Dubai’s Abraaj said to face lawsuit over Turkish dairy maker

Legal action comes as liquidators of Dubai-based Abraaj seek to dispose of assets in developing nations around the world to help repay more than $1bn in debt ...

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