Acting President Adli Mansour, in a message on the eve of the Muslim Eid al-Fitr holiday, said Egypt was in critical circumstances.
Bullion has lost around 25 per cent of its value this year.
France’s 2004 ban on headscarves in schools and 2010 ban on full face veils in public have alienated many of its five million Muslims.
Standard Chartered UAE recorded single digit growth in income during the first half of 2013.
A study by Visa finds regional travellers are “addicted” to their devices with 33 per cent using them to check-in online while abroad.
Rory Tapner, Coutts CEO, reveals how the UK’s most famous private bank is set on carving out a slice of the region’s rapidly growing wealth.
Google has given access to all three classes and even the pilot’s cockpit of the world’s biggest jet through its Street View cameras.
Nabil Al Kendi was appointed COO of the Arabtec’s group of construction companies, a subsidiary of Arabtec Holding.
The Kuwaiti form bought Little Chef from private equity firm RCapital.
Shanghai Tower will reach up to 632 metres high, around 200 metres shorter than Dubai’s Burj Khalifa.
Doha has promised Egypt five LNG shipments in total to help meet its energy needs.
The continent is moving away from tyrannical, socialist governance, which has opened the gates for more and better business.
Abbas Yazdi, a British-Iranian citizen, was reported missing on June 25.
Some Egyptian activists have started a new movement to promote a middle way between the Muslim Brotherhood and the army.
The Abu Dhabi carrier is awaiting Indian regulatory approval to acquire a $379 million stake in Jet Airways.
BAE has been locked in pricing negotiations with Saudi Arabia over the Gulf state’s order of 72 jets since 2007.
The investment firm sold its stake in HFC to Republic Bank, an independent Caribbean bank, for an undisclosed sum.
Despite a bullish outlook on sales growth by MENA CEOs, employment levels are expected to remain flat with businesses adopting a cautious approach.
Sarmad Lone has joined the British lender as its regional head for global corporates for the MENAP region.
India’s foreign investment regulator gave conditional approval to the $379 million deal.
The Korean company’s operating profit for its handset division stood at $5.2 billion in the second quarter of the year.
Vast domestic demand, external threats and the end of easy oil are driving the Middle East’s renewable energy sector.
Sky City, China’s most ambitious development, has faced criticism over its nine-month deadline.
No injuries have been reported and an investigation is underway.
At least nine people have died in clashes between supporters and opponents of ousted president Mohamed Mursi.
The prince, third in line to the throne, was born to Kate and William on Monday.
The network is due to launch on August 20.
Prince William and Catherine Middleton married in April 2011. This is their first child, becoming the third in line to the throne.
The funds from the KIngdom were given in the form of a five-year interest-free deposit at Egypt’s central bank.
The UAE rail network, which will form part of the planned Gulf-wide network, is expected to cost $10.9 billion with a 1,200 kilometre route.