The Kingdom is expected to spend $2 billion on ships from a Bremen-based dockyard.
EICMP will become the first Middle Eastern producer to export camel milk-based products to Europe.
Hungarian oil and gas group MOL’s shares were down 4.1 per cent on Friday, a five-week low.
The loan is expected to help Japan win new and renewing energy concessions.
The agreement would allow Japan to quickly seek additional oil supplies via a telephone hotline.
Farming commodities offer enormous opportunities for long-term investors, says Mark McFarland, chief investment strategist, Emirates NBD Private Banking.
Forecasts about nominal prices far in the future, and comparisons with past prices are “meaningless”.
Brent has steadily risen over the past three weeks as positive economic data in key economies boosted the outlook for oil consumption.
Lack of coordination among regulators is making life difficult for takaful operators, says insurance rating agency.
Chokri Belaid, a left-wing lawyer, was gunned down on Wednesday, leading to street protests across the country.
The private bank’s chief investment officer warns of losing money in Islamic bonds this year.
Emirates boss Sheikh Ahmed bin Saeed Al-Maktoum said the deal was worth “above $10 million”.
UK authorities have been investigating the bank’s fundraising from Qatar at the height of the 2008 financial crisis since July.
Qatar Steel, a subsidiary of Industries Qatar, launched a $5.7 billion aluminium plant in December 2009.
This is the second time this year that flights to a Libyan city have been cancelled due to security concerns.
The Continental GT and GTC W12 continued as the brand’s most popular models in the region.
Brent crude has gained four per cent so far in 2013 and reached a more than four-month high above $117 on Friday.
The value of mergers and acquisitions (M&A) deals in the region reached $44.8 billion last year, says new study.
The global boss of Tiffany & Co, Mike Kowalski, plans to put the sparkle back into lost earnings with a focus on emerging markets.
Vice President at the automotive company announces 13 new car lines in the next seven years.
Directors have been touting the Nextant 400XT jet to regional entrepreneurs and HNWIs this week
The world champions use a new livery in recognition of its new title partner.
The British bank, battling with a series of scandals, has appointed headhunters to find suitable replacements.
The Gulf is set for another bumper year of the sukuk.
Sources said Morocco had finalised the agreement with the GCC states during a summit in Riyadh last month.
Eugene Kaspersky rejects public listing but says cyber terrorism is a growing reality.
Simultaneous launches took place around the world including in Dubai.
The new range of BlackBerry smartphones are expected to determine the future of Canada-based Research In Motion (RIM).
The UN is seeking up to $1 billion in aid for Syrian refugees outside the country and $500 million for humanitarian work inside the war-torn country.
Most of its staff moved to Khalij Islamic, another investment firm with offices in London and Dubai, says sources.