More than $34 billion worth of Islamic bonds have been issued through the London Stock Exchange.
John Phizackerley had previously said he planned to beef up staffing at the lender’s Dubai office.
Visitors from Qatar and Kuwait were found to be the biggest spenders.
France’s ex-President would take a non-executive role to help direct where to invest $650 million.
Qatar has been a key source of foreign aid to Egypt since its 2011 revolution giving $5 billion.
Better-than-expected US jobs data helped push spot gold up 0.2 per cent to $1,580.66 an ounce.
UAE-based Abraaj Capital invests undisclosed sum in Anoud Games through its Palestine Growth Capital Fund.
The revised version cuts spending by more than $1 billion from an earlier draft budget.
There is no shortage of rich individuals and governments who suddenly feel they need a little extra protection.
The French game is quickly gaining appeal all over the world.
The new facility is expected to open in the third quarter of 2014.
UEFA president Platini has suggested Qatar shares the 2022 World Cup throughout the Middle East and moves it outside of Summer.
The asset disposals are expected to result in a net gain of $151 million for DP World and help boost its capital levels.
The UAE’s imports from the US equalled around $22.57 billion, up roughly $6.7 billion over 2011.
The city of Lyon is in talks with the UAE to boost tourism and green tech trade.
The chain has opened a new venue in Dubai’s Mercato Mall as it attempts to become the region’s largest operator.
The global language-learning company is to set up shop in Dubai, amid several new school announcements at GESS.
The gains came as investors poured money into blue-chip stocks on signs of an improving US economy.
New route provides some competition for Emirates and follows recent codeshare agreement with Etihad
Strong growth projections, new models and boutique openings signal a rosy 2013 for luxury watches.
U.S. crude has fallen around $8 per barrel over the last month.
Kuwait’s Petrochemical Industries Co (PIC) pulled out of a $17.4 billion joint venture deal in late 2008.
The top 50 list of countries adjusting to future energy sources does not include any OPEC states.
Products are tested externally and internally to ensure that “quality is maintained” says regional head.
With 80 per cent of Starwood’s pipeline coming from rapidly growing markets, President says it’s not possible to lead a truly global business “from a boardroom in Connecticut”
Asians in the Gulf are taking home over a quarter less than Westerners, with HR experts controversially saying wages ‘link back’ to home countries.
Latest capacity increase means the airline’s services have grown more than five-fold since it first flew to Perth in 2002
Regional M&A activity spiked in 2012 as global investors looked outside the West.
The Gulf Business 2013 Salary Survey reveals which countries reward CEOs with the biggest pay packages.