Dubai-based carrier Emirates today said it has agreed to sponsor Italian team AC Milan for three years, making it the airline’s fourth football team sponsorship.
Auckland International Airport and Dubai Aerospace Enterprise (DAE) said on Thursday they had scrapped a plan for the NZ$2.6 billion ($1.8 billion) takeover of New Zealand's largest airport. The outcome had been widely expected after the state-backed DAE said last week Auckland Airport had not done enough to promote the deal.
The value of GCC real estate projects announced in the last year has jumped 59% to $143bn according to research released this week. In the previous 12 months (2005-06) the total value of new commercial and residential real estate projects announced was $90billion. (Karim Sahib/AFP/Getty Images)
Social networking website Facebook said this week it plans to open up basic profile listings of its members after notifying users over the next 30 days, and plans to begin allowing sites like Google and Yahoo to \\
Skyline of the Qatari capital, Doha. Qatar plans to cut its expatriate working population from its current 88% to 50% by 2025 under new proposals by the Gulf state’s development planning office. The government also wants to limit population growth in the capital. (Getty Images)
Dubai World announced yesterday it is to develop a major harbour city and port project in Vietnam’s Ho Chi Minh City. The move is part of plans to develop greater bilateral economic relations between the two nations. (Getty Images)
Dubai: trade and tourism hub of the UAE. The Emirates ranking in a survey of economic freedom slipped in 2005 after its labour market regulations score declined, but it still ranked 15th in the world based on a favourable investment climate. (Getty Images)
The editor of an Egyptian newspaper could face prosecution over an article that questioned the state of President Hosni Mubarak’s health. The Al Dustour daily paper carried stories that Mubarak (pictured) sometimes lapses into comas. (Getty Images)
An Australian businessman has paid $100,000 to be one of the first to travel on the first commercial flight of the colossal Airbus A380. Julian Hayward has bought two first-class, one-way tickets for the Superjumbo’s maiden flight on October 25 from Singapore to Sydney.
Livestock deaths continued to mount in Saudi Arabia , with around 200 more animals dying in the last week from the mystery illness that is sweeping the kingdom, bringing the death toll to nearly 3,000 animals and authorities still unsure of the cause. (Getty Images)