The aid helps reduce the heavy costs of government fuel subsidies and the drain on foreign exchange reserves.
Dubai International Airport and the JW Marriott Marquis Hotel Dubai voted best for business travelers in the Middle East
The Arab nation is looking towards the Gulf region to revive its slowing tourism sector
The fashion retailer is planning to expand across locations in the Middle East, Eastern Europe and Central and Southern Asia.
The April survey marks the first time since last September that the ratio of managers who are bearish on UAE equities exceeds the ratio of bullish ones.
The implementation of measures against financial crime is of growing importance in the region, a new KPMG survey says.
The patient, 27, was living in the Saudi capital Riyadh, the ministry said.
As the GCC embarks on a colossal rail network, the region’s trade and logistics sector is poised for metamorphosis.
The Middle East’s oil exporting countries are turning to solar energy options to power themselves. But the region still faces some stumbling blocks when tapping the sun’s power.
Arab bankers said they expect to see global banks moving increasingly to sell Middle East retail units or merge subsidiaries with other banks.
The GCC’s facilities management firms are booming as more buildings are erected but the industry is aiming for sustainable growth this time around.
A lack of arable land and growing number of mouths to feed makes food security a pressing issue for the GCC.
GCC foreign ministers met in Riyadh for a comprehensive review of measures used to implement foreign and security policies.
Medical tech firms are flush with rising government healthcare spend.
The Japanese car maker sold around 5,892 units in the region during its financial year ended March 2014.
Iran boasts a large, educated population and a wealth of business opportunities, writes Ali Borhani, founder of Incubeemea.com.
Is the rise of shale gas and oil a threat or an opportunity for GCC nations?
Fenox Venture Capital firm has inked a partnership with Innovation 360, a Dubai-based innovation consultancy to invest in start-ups in the region.
The Landmark group hopes to have at least 10 Oasis Centre malls operational across the GCC by the end of 2015.
Kuwait Petroleum Corporation will provide Egypt with 85,000 barrels of crude oil per day.
In July 2013 Kuwait pledged $4 billion to Egypt, including $1 billion in oil products.
Lenders in the region must create effective social media strategies if they want to thrive in the future, say experts.
Ali Rehmat Assadi will stand trial in the UAE on charges of abducting Abbas Yazdi, who went missing in June, a source said.
The region saw the strongest passenger growth worldwide, IATA said.
The club’s co-CEO Barbara Berlusconi said she would travel to the Middle East to find partners for the club.
Two bombs killed a police officer and wounded five other security forces who had been guarding the facility, the ministry said.
Sami Asad, formerly the CEO of Arabtec’s Construction Group, will now lead the newly created subsidiary, Arabtec Egypt.
The states will use their Wessal Capital joint venture to make the investment.
A sharp slowdown in major emerging economies will affect GCC countries through falling oil market prices, a report says.
The tenth anniversary of the Kingsman Dubai sugar conference was held as the fourth consecutive year of global sugar stocks increase.