Middle East energy use will grow by 77 per cent by 2035, double the increase in production.
IPOs in the MENA region recorded a 133 per cent increase in terms of volume and 114 per cent increase in terms of value compared to Q4 2012.
Its Q7 model was its best-selling vehicle with a year-on-year rise of 36.8 per cent.
An international donor conference in Kuwait is intended to help the UN reach a $6.5 billion aid target.
Job openings in the banking, financial services and insurance industry grew 42 per cent year-on-year in December, recording the highest growth among industries in 2013.
The German manufacturer sold almost 14,000 vehicles across the region last year.
Markets in the United Arab Emirates are closed on Sunday for a religious holiday.
The Gulf Trade Mission was led by the Irish prime minister Enda Kenny.
Torsten Müller-Ötvös, CEO, praises Middle East dealers and the region’s discerning customers.
The Egyptian bank’s shares rose almost 10 per cent after the announcement of the plan.
Hussein Hachem, CEO of Aramex, says Africa-Middle East trade corridors have expanded alongside the growth of Africa’s economy.
The year ahead looks to be a good one, writes Alicia Buller, editor of Gulf Business.
Newly hired finance professionals are expected to see the largest salary hike at five per cent.
V.Shankar also questioned the changes resulting from the U.S.’s emergence as a shale gas producer.
The company’s Foodmark branch plans to open 80 stores across the region over the next 10 years.
The U.S. Secretary of State spent two hours and 40 minutes with King Abdullah. Earlier in the day he met with the King of Jordan.
The 2013 deal value saw the highest rise in the last six years with all the quarters posting values above $12 billion, the report found.
Ministries and federal departments will remain closed on Sunday. Private sector employees will have either Saturday or Sunday off.
The country’s foreign affairs ministry also urged UAE citizens against all travel to Lebanon because of security concerns.
Still on the list are countries including Afghanistan, Iraq, Jordan and Turkey.
Egypt accuses Qatar and its Doha-based Al Jazeera television channel of backing the Muslim Brotherhood.
Is it unthinkable that GCC nations could consider a path to citizenship for foreign nationals?
In a bid to boost their business passenger base, carriers are investing heavily in luxury amenities, while others have even mulled dropping first class all together.
EFG said Ellaicy would assume his duties immediately having served at Orascom Telecom as CFO for two years.
Regional stock markets are projected to reflect expectations for solid global economic growth this year.
The group also posted the contact information of Steve Ballmer, Microsoft Corp’s retiring chief executive, on its Twitter account.
The move would allow landline monopoly Telecom Egypt to offer mobile services.
The Reuters survey found that 47 per cent of managers were likely to put more money into Egyptian equities, up from 33 per cent in November.
Al Jazeera’s offices in Cairo have been closed since July 3
Some of the money is likely to be spent on weapons from France, said Lebanon’s President Michel Suleiman.