Emirates
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MGM Mirage Steps Into the Fray Again, Partners With Abu Dhabi To Develop $3 Billion Resort
From Staff Reports MGM Mirage (MGM) will partner with the Mubadala Development Co. to develop the MGM Grand Abu Dhabi resort. This latest MGM-headed project is projected to cost $3 billion and will be owned by Mubadala, which is wholly owned by the government of Abu Dhabi. MGM Mirage will develop and manage the project […]
Boeing Refurbishes 500th Super Hornet Fighter Jet, Makes Plans for Looming Dubai Air Show
By William Patalon III Managing Editor Money Morning The Boeing Co. (BA) announced that it's delivered its 500th modified F/A-18 Super Hornet jet fighter-bomber to the U.S. Navy from the company's Aerospace Support Center at Cecil Commerce Center, located near Jacksonville, Fla. Boeing also detailed its plans for the upcoming Dubai Air Show, which opens […]
Emirates Telecommunication Eyes Controlling Stake in Oman Telecommunications
From Staff Reports Dubai-based Emirates Telecommunication Corp., the third-largest Arab telecommunications company, said it is interested in buying a controlling stake in state-controlled Oman Telecommunications Co., also known as Omantel. News of the possible interest from Emirates Telecom, more generally referred to as Etisalat, sent Omantel's stock up 10%, to a 21-month high, Reuters reported. […]