World Business News

Dubai’s Jumeirah Group, operator of the iconic Burj Al Arab hotel, is to open its first hotel in India in 2017, it was confirmed on Monday.

Citadel Capital has agreed with Qatari investors to import liquefied natural gas (LNG) into Egypt from mid-2013, the Egyptian private equity firm has said.

The UAE's state-run energy giant Abu Dhabi National Oil Co (ADNOC) will lease oil storage facilities in South Korea capable of storing 6m barrels of crude for three years, state-run Korea National Oil Corp (KNOC) said on Thursday.

Saudi Arabia's Rafal Real Estate Development Company said this week that after an 18-month build period its Burj Rafal project remains on track to be completed in eight months.