Result Page 68 for United arab emirates news & latest pictures from ibtimes.com

UAE funds deny interest in Jaguar, Land Rover

Two government funds in the United Arab Emirates denied on Monday they were looking to acquire either Jaguar or Land Rover, the British luxury car brands of U.S. automaker Ford.

Jones Apparel near Barneys sale: report

Jones Apparel Group Inc. is near a deal to sell the Barneys New York high-end clothing chain for $825 million to Dubai's private equity firm Istithmar, The New York Times reported on Friday.

International Power eyes stake in $3 bln UAE plant

Energy generator International Power is seeking a stake in a $3 billion (1.6 billion pound) project to build a power and water desalination plant in the United Arab Emirates

Japan's Olympic Commission Appoints Director

The Japanese Olympic Commission (JOC) will appoint Tokyo Governor Shintaro Ishihara as the director-general of Tokyo Olympic Bidding Committee for the 2016 Summer Games, the commission said on Friday.

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UAE Adopts Live Animal Transport Safety Rules

The International Air Transport Association (IATA) announced on Tuesday that the United Arab Emirates agreed to adopt IATA Live Animals Regulations (LAR) for transporting live animals to and from the country.

Dubai Shares Lead Drop in Gulf stocks

The Dubai Stock index slipped further on Tuesday, falling to its lowest level this month, as Gulf investors booked profits and positioned themselves for the third quarter results season.

Istithmar Invests $100 Million in Perella Weinberg

Istithmar PJSC, the international investment house based in the United Arab Emirates, Thursday announced an investment of US $100 million in a new financial services firm headed by Joseph Perella, a reputed former Morgan Stanley investment banker.

Dubai Firm Acquires Classic Hotel in New York

Istithmar Hotels, a Dubai government-owned firm, announced Monday that it had acquired the classic, Beaux-Arts style Knickerbocker Hotel in New York's Times Square for $300 million.

Dubai Plans $27 Billion Hotel and Resort Complex

Dubai unveiled plans for a $27 billion resort complex including the world's biggest hotel on Monday, the latest in a series of huge projects intended to establish the booming Gulf Emirate as a regional tourism hub.

Top Oil Execs Meet at Summit

Chief executives of the world's top energy companies met ministers from the biggest producers on Saturday with record oil prices of above $75 a barrel speeding the race for supply investment.

Adnoc/AMI to Set Up $200 Million Petrochemical Plant

The Abu Dhabi National Oil Company (Adnoc) signed on Monday a joint venture agreement with Agrolinz Melamine International (AMI) to build a $200 million melamine plant at Ruwais near Abu Dhabi. The agreement calls for a 60:40 equity split between Adnoc and AMI in the new company, Melamine International.

Virgin Airways Makes Middle East Debut

Britain's second largest airline officially entered the UAE market yesterday when Virgin Atlantic's Airbus A340-600 landed at the Dubai International Airport from London Heathrow. The new flight represents the airline's first Middle East route, and its 26th destination worldwide.