Telecom Egypt has been relying on its data business to boost revenue.
Higher oil prices due to tensions in Crimea and economic weakness in Argentina and Brazil are expected to weigh on profits.
The deal is a further fillip for Boeing, following flydubai’s large 737 MAX order placed at the Dubai Airshow
The search for the Malaysian Airlines jetliner and its 239 people on board has now entered the fifth day.
Weakness in equities and base metals, along with technical buying, propelled gold prices through resistance at $1,355 an ounce.
Dubai operator steps up its Indian Oceans portfolio with purchase of 84-key resort
The South Korean car maker has so far focussed on manufacturing fuel-cell cars.
The financial park and real estate project had been suspended for five years.
A timeline of events in the disappearance of a Malaysia Airlines jetliner which vanished from radar screens on Saturday.
The 40-member bloc, which quit the 120-member coalition, said it had returned to confront what it saw as its unfair exclusion from decision-making.
The east coast city becomes the eighth destination in the carrier’s US network
The project will cover 160 million square meters across 13 sites in Egypt for lower income individuals, a statement said.
The jetliner en route to San Francisco from Tokyo diverted to Honolulu after oil pressure in its right engine dropped.
He also blamed both countries for launching Syria’s three-year civil war through al Qaeda-linked groups.
Regional shares were dampened last week due to the Ukrainian crisis but recovered lost ground as the situation seemed to have calmed.
The incident is likely to rekindle a debate about whether black box flight recorders should be replaced with satellite-based systems capable of sending back telemetry in real time.
The Fund’s traditional lending programs are meant for countries with an urgent crisis, and come with stringent conditions attached.
The fatal bombing of a tourist bus in Egypt’s Sinai region prompted a travel advisory from Germany.
Middle Eastern carriers are benefitting from the strength of regional economies and a solid growth in business-related premium travel, says IATA.
Passavant-Roediger, a German subsidiary of UAE-based Drake & Scull International, will undertake one project in Gujarat and one in Rajasthan.
Qatar Airways joins Emirates in providing more access to and from Tokyo’s second airport
Germany’s Lufthansa has announced plans to offer wirelessly streamed movies to passengers.
The UAE has passed a new ruling exempting citizens from 13 European member states from requiring a pre-entry visa.
Seats have 50 per cent more room than economy and will initially be on Boeing 747-8s and gradually rolled out across the long-haul fleet.
The city’s third Sofitel will have a strong artistic flavour
Users will need Yahoo accounts to access services such as Fantasy Sports and photo-sharing site Flickr.
Air passenger traffic in the UAE, Saudi Arabia and Oman is expected to grow at 6.6, 6.9 and 7.2 per cent respectively, a report says.
Inflation rates will stay at manageable, low single-digit levels throughout the region, the report said.
The REIT will invest in between 15 and 35 properties and be managed by Swiss-based B&I Capital AG.
Saudi billionaire Prince Alwaleed again ranks first in the region on Forbes’ annual list of the world’s billionaires.