The UAE Foreign Minister has summoned Egypt’s ambassador to discuss the claims.
The last 12 months have seen robust regional spending, consistently high oil prices and the continuation of Obama’s presidency.
Its zeitgeist of the year includes the Arab Spring, Egypt elections and pilgrimage to Hajj.
Talaat Ibrahim was appointed to the position by President Mursi in November.
Technical failure brought oil flow to a halt on December 8, and again on Saturday.
Interest in deals is up say experts, but closing deals is still lacking as billions of dollars in dry powder lies waiting.
The Gulf’s best performing firms in H1 of this year by net income.
Bahrain’s Takaud hopes its product will help MENA companies struggling to deal with an ageing population.
The additional widebody planes will help serve the carrier’s ongoing network expansion
Volatile oil prices and grey market competition are some of the main challenges that the regional business jet industry faces, says NasJet COO.
Traffic in the regional business aviation sector has risen 12 per cent in the past year.
The under-secretary for international trade says businesses in the States are thinking globally.
The Al Ghurair group owns half of Ras Lanuf, Libya’s biggest refinery.
Expert at the Global Entrepreneurship Summit says SMEs should focus on ‘boring businesses’.
Experts at the Global Entrepreneurship Summit say MENA businesses must look beyond their borders.
The luxury jet operator recently placed an order for 56 new planes worth $7.8 billion with Bombardier.
President Mohamed Mursi’s opponents are protesting the planned referendum for a new constitution on Saturday.
The trip will be Mohamed Mursi’s first visit to the U.S. since he was elected to power in June.
Steinway Piano Gallery will be displaying a crystallised 1/6 scale model grand piano worth AED12 million for the first time
A 3,000-seat outdoor tennis stadium will be a focal point, featuring a roof that illuminates at night
First internationally branded three-star economy hotel in the Kingdom will be followed by many more as main hospitality groups target demand for affordable stays
Dubai is the top choice for regional high net worth individual investment.
Its best-selling Falcon 7X features a 5,950nm range which can serve most city pairs demanded by business aviation travellers
Located along The Walk, the 341-room property will contain five restaurants and bars
The constitutional referendum will go ahead next week despite calls for its postponement.
MEBA conference will shine the spotlight on new airport – ahead of business aviation operations starting mid-2013
Following the resignation of the CEO of Gulf Air, Samer Majali, this week, where does the airline find itself as it approaches 2013?
Dedicated facility at Dubai World Central Airport will help meet demand surge for professional pilots
The low-cost carrier is the launch customer for the ‘Fiber-To-The-Screen’ system by Lumexis, enabling HD movies to be shown simultaneously in every seat back.
Johannes Jooste, head of strategy for EMEA at Merrill Lynch, advises equities over fixed income.