Vocational training should be encouraged to address employment and reduce the skills gap in the Arab countries, says expert.
The funds were supposed to be converted into three-year bonds.
Leaders of the U.S. Senate Foreign Relations Committee said they reached an agreement on a draft authorization for the use of military force in Syria.
Revenue increased by 12 per cent to 4.1 billion pounds, of which El Sewedy’s wire and cable segment accounted for 3.1 billion.
Five U.S. destroyers and an amphibious ship are in the Mediterranean.
The new fund will provide investors access to the GCC’s growing bond market.
Barack Obama on Saturday backed off imminent strikes by the destroyers off the coast of Syria until Congress had time to vote its approval.
Wes Schwalje, chief operating officer at Tahseen Consulting, says swift action must be taken to create sustainable jobs and develop the region into a truly global knowledge economy.
The US accuses the Syrian government of killing over 1,400 people in a chemical gas attack.
The League of foreign ministers also said those responsible for the chemical gas attack should face trial.
The US carmaker expects the industry to continue growing at four to five per cent per year.
The US is preparing strikes against the Syrian government, blaming it for a chemical gas attack that killed hundreds of civilians.
The ‘Priceless Arabia’ programme offers MasterCard holders special offers on luxurious products and services across the MENA region.
Reports claimed Mohamed Badie had died from a heart attack in prison.
Saudi Arabia was Brazil’s top trading partner in the Middle East during the first half of the year.
A security source in Lebanon said 14,000 people had left the country on Thursday alone, mostly Europeans.
A chemical weapons attack that U.S. officials say killed 1,429 people, was allegedly carried out by the Syrian government.
Does the sudden input of wealth from the Middle East region guarantee success? Recent history would suggest the results are mixed.
Tablet shipments during the second quarter of this year exceeded PC shipments owing to increased android device users, IDC said.
The US and its allies are readying for air strikes against Syrian President Bashar al-Assad.
Stephen Evans, SCB’s head of private banking for Europe, Middle East, Africa and South Asia, reveals why Dubai is set to become a global private banking hub.
The company found the reserves at the El Salmiya-2 well in Egypt’s Western Desert.
Middle East investors have been shown a strong interest in London’s office spaces, says report.
Dubai’s index was down as much as 7.5 per cent in the morning on concerns of a possible escalation of Syria’s civil war.
The Middle East has around 62 per cent of investment opportunities in the region, Frost & Sullivan whitepaper estimates.
The DFM crashes for a second day in a row as a U.S. strike on Syria looks more likely.
The Syrian Electronic Army, a hacker group supporting the Syrian government, claimed credit for the attacks.
The move follows President Bashar al-Assad’s forces alleged chemical weapons attack last week.
The two nations have signed a 25-year deal valued at around $60 billion.
Kuwait is deemed the most optimistic country in the GCC, while Lebanon and Egypt bring the Middle East average down.