The Gulf’s wealthy prefer to invest in the region with 83 per cent of the high net worth individuals wanting to keep their assets closer to home, a survey said.
A court last month released Mohamed Fahmy and Baher Mohamed on bail after over a year in detention.
Significant pay increases at C-level were among the factors driving overall salaries up over the last year, according to the Gulf Business 2015 Salary Survey.
Brent crude slid 1.2 per cent to $59.73 a barrel on Friday and posted its biggest weekly loss since January.
The majority of working women in the region (77 per cent) currently work for a male manager, finds new survey.
Iran is bidding against the UAE to host the 2019 Asian Cup and the ban on women is expected to damage their chances.
Islamist militants attacked the Al-Ghani field last week, killing 11 guards.
Dreyfus is sending about 280,000 barrels of ethanol from the Port of New York to Jebel Ali in the UAE.
Apple’s new Watch is expected to be launched at an event announced this week.
Tourism accounts for 11.3 per cent of Egypt’s economy and 19.3 per cent of its foreign currency revenues.
Sources in Nusra said that Qatar is encouraging the group to go ahead with the move, which would give it a boost in funding.
Deposits from governments, quasi-government bodies and national oil companies provide around 10 to 35 per cent of GCC banks’ non-equity funding.
Arabtec said last March that it had reached agreement with Egypt’s army to build a million homes at 13 locations around the country.
The carrier currently operates three flights a week between Abu Dhabi and the Iranian capital.
Gulf countries fear that Iran is using its atomic programme to develop nuclear weapons capability, something Tehran denies.
US carriers accuse Gulf airlines of receiving more than $40 billion in government subsidies since 2004.
The loan could be worth around $2 billion and enable the EU member to refinance debt.
How will Eurowings’ new low-cost Dubai services fare next winter?
Abu Dhabi-owned Falcon said that it will be open to deals in core markets such as the Gulf, Eastern Europe, Africa and South East Asia.
The Abu Dhabi carrier currently flies the jumbo jet to London, and will soon begin A380 services to Sydney.
The UAE and Saudi Arabia are thinking of beginning their partial operation of the network by 2018, said the country’s minister of public works
Dubai retains the top spot in the MENA region, while Vienna is named as the best globally.
Mohd Faris Anuar and Muhamad Wanndy Muhammad Jedi, aged 20 and 25 respectively, were identified as the men involved in the beheading of a Syrian man.
The facility, at Abu Dhabi’s Khalifa industrial zone, will produce 240,000 tonnes of sour grade steel pipes.
The MoU calls for South Korean firms to help build at least two small-to-medium sized nuclear reactors in Saudi.
Emirates’ operations supported 85,100 jobs across the EU in the 2013-2014 financial year, the company said in a statement.
On Monday, Obama said Iran must halt nuclear work for at least 10 years for a deal to be reached between Tehran and six major powers.
The phone, unveiled at the Mobile World Congress, would hit stores in US and European markets around April and be priced around $275.
ISIL militants have made threats against Catholic targets in Rome that have been given much space in Italian media.
Abraaj will be the main investor in the healthcare group with $145 million, while three other investors will pitch in about $55 million.