V. Shankar has resigned as CEO of Europe, Middle East, Africa and Americas after 13 years at the bank.
Shareholders of Doha Bank, Qatar’s fifth-largest lender by assets, approved the purchase in December 2014.
The cash will be used to finance a number of projects that Shandong is currently working on.
Pakistan, an ally of Saudi Arabia, has yet to commit itself publicly to military support to Riyadh’s campaign in Yemen.
Lee, a British-educated lawyer, is credited with building Singapore into one of the world’s wealthiest nations on a per capita basis.
The Dubai-based ports operator said it will help Maldives develop infrastructure, logistics and transport links.
The funds represented about of fifth of the total amount of so-called ‘black money’ that the authorities suspect was illicitly stashed abroad.
An increasing number of Filipinos in the UAE are opting to buy property in their home country.
Hong Kong will come back stronger from the pro-democracy protests that spooked investors in 2014, experts say.
The Australian government said it is verifying whether 18-year-old Melbourne teenager Jake Bilardi has been killed.
Mohd Faris Anuar and Muhamad Wanndy Muhammad Jedi, aged 20 and 25 respectively, were identified as the men involved in the beheading of a Syrian man.
The facility, at Abu Dhabi’s Khalifa industrial zone, will produce 240,000 tonnes of sour grade steel pipes.
The MoU calls for South Korean firms to help build at least two small-to-medium sized nuclear reactors in Saudi.
The new non-stop service will begin from June 3, with Bali becoming Emirates’ 148th global destination.
The airline’s turnaround strategy includes stripping costs, freezing capacity and slashing 5,000 jobs.
Oil fell on Tuesday after a bigger-than-anticipated rise in U.S. crude oil stocks.
The grouping will evaluate projects in the Turkish region including the development of lignite power plants.
Due to the fact that the project is of “national interest”, MSM decided to build it without a partnership, it said.
The UAE looks to grab a larger share of trade with China, outwitting its Gulf peers.
The OPPO R5, priced at Dhs1,899, measures 4.85mm and comes with a 13MP camera.
The Indian jewellery retailer currently operates nine outlets in the UAE and three in Kuwait.
The cuts are in addition to the 1,000 jobs Sony said it would eliminate in its mobile unit in October, Japan’s Nikkei reported.
In a statement, MAS said the website was not hacked, but that users were redirected to a hacker website.
Japanese Prime Minister Shinzo Abe called the apparent killing of Haruna Yukawa “outrageous and impermissible.”
Russia’s PM Dmitry Medvedev, UK’s PM David Cameron and French President Francois Hollande are also visiting Saudi to offer condolences.
Bengaluru-based ZipDial gives clients phone numbers for use in marketing campaigns.
The Korean firm is looking to gain access to BlackBerry’s valuable patent portfolio.
The entry brings the total number of founder nations intending to join the $50-billion bank to 26, officials said.
Emirates set to be first airline to fly the A380 to Perth next summer
Authorities have not publicly identified the gunman, but a police source named him as Man Haron Monis, an Iranian refugee.