The region’s largest ICT event takes place this month from 14-18 October at Dubai’s World Trade Centre.
The Kingdom increased the selling prices for November to Asian buyers in line with widening product cracks.
Manchanda had been acting CEO of the Dubai-based developer since June 2011.
BNP Paribas arranged the deal, which will settle on October 16.
Dubai’s biggest annual technology event hopes to welcome over 130,000 visitors.
Emirates Aluminium reportedly picked Goldman Sachs, Citigroup and Abu Dhabi Commercial Bank for the potential bond.
Both Saudi Arabian lenders have seen their operating income rise for the third quarter.
Aramco says gas flow at new Red Sea site is 10 million cubic feet a day and more wells could be drilled.
Can the Kingdom build a sustainable economy before its oil wealth runs out? The race is on as youth unemployment simmers to boiling point.
The UAE’s federal budget deficit reportedly rose to Dhs2.8 billion in January-June, above the government’s original forecast.
Brent crude has fallen from a high for the year of $128 a barrel in March to $112.
GE CEO Jeff Immelt says the firm will cut jobs globally but inject $1 billion into Saudi Arabia.
The central bank introduced caps for loans made to local governments and their entities in April this year.
Dubai and Australia’s flagship airlines are waiting on the results of a competition watchdog’s ruling ahead of their planned alliance.
UAE’s foreign minister has said the Brotherhood does not believe in the nation state or the sovereignty of the state.
The Kuwaiti telecoms operator is looking for funding to help boost network capabilities and improve its current services.
NBAD is looking to reap 10 per cent of its operating income from Islamic banking by 2020, up from three per cent currently.
Kingdom Holding sold the plot in Riyadh for $66.6 million.
The dairy producer’s third quarter revenue rose 27 per cent to SAR2.7 billion.
Abu Dhabi’s flagship airline is looking at more minority stakes to further expand its global reach, says CEO.
The airport retailer saw sales increase 10 per cent year-on-year during the first nine months of 2012.
The decision by Sheikh Sabah al-Ahmad al-Sabah offers hope of new parliamentary elections.
Qatar’s indicator for sector performance in the region reports a 15 per cent rise in net profit for first nine months of the year.
The proceeds will be used to refinance existing debts, said sources.
The assets being sold include land in Qatar and the Barwa New Cairo project in Egypt.
Passenger revenues were boosted by code sharing and partnerships.
His Highness Sheikh Mohammed bin Rashid Al Maktoum has given the green light on the $411 million Business Bay project.
The IMF said its base scenario envisaged a fiscal deficit of 0.6 per cent of GDP by 2016.
The Qatari telecoms operator is to own almost all of Kuwait’s Wataniya network as Kuwait Investment Authority sell up.
UK-based Barclays quit the panel in July.