Nilesh Ashar, partner and head of Tax for KPMG in the UAE, analyses the impact of investment regulations and tax laws on foreign businesses foraying into the Middle East.
The Observatory, which monitors Syria’s war with a network of sources, said the pilot was believed to have an Arab nationality.
Dubai’s main index was up 2.2 per cent at 3,802 points with property stocks dominating trade.
Egyptian President Abdel Fattah al-Sisi suggested in November he was considering pardoning Greste and two other journalists of Qatar-based Al Jazeera television.
Activists say that the death toll since the military campaign was launched in late September was probably higher among the hardline Islamist insurgents.
Dubai’s main index was down 0.4 per cent with trade focusing on real estate developers.
The German brand, famous for its roast chicken, is opening outlets in JBR and Dubai Media City.
Brent crude is down 46 per cent from the year’s peak in June above $115 per barrel.
Regional professionals say they check and respond to official emails and phone calls while on vacation, finds new poll.
The Dubai index climbed 0.6 per cent after a 9.9 per cent jump on Sunday.
Doha carrier poised to receive Airbus’ latest model which will fly to Frankfurt from January
John Sexton, the president of one the world’s top universities, explains why he decided to expand to Abu Dhabi.
Increased tourist flows to the region have catapulted the Middle East into the top global market for luxury spending, a new report says
The phone, priced at Dhs1799, is modeled around BlackBerry’s popular Bold 9900.
Kellogg said on Thursday that it would improve its offer to 86.36 Egyptian pounds per share, hoping to secure the deal.
Stock markets in Saudi Arabia and the UAE soared on Thursday as the price of oil rebounded.
The company did not disclose the value of the deal of the size of the stake it acquired in FBA.
The former US prosecutor said he had lost confidence in the independence of the FIFA ethics committee’s adjudicatory chamber.
The officers were killed on Wednesday when their plane crashed during a joint exercise in Egypt.
The regulator has yet to approve Abraaj’s new offer.
The new snacks manufacturing facility, in Dammam, is the company’s 15th facility in the Middle East.
The ratings agency said that large government funded infrastructure projects will continue to drive growth in the GCC even if oil prices slide.
A wave of panic selling wiped out $49 billion of stock market value across the Gulf Arab economies on Tuesday.
Oil has lost almost half its value since this year’s peak of $115 per barrel in June on slower global demand and the U.S. shale oil boom.
The Kuwaiti ship collided with a fishing vessel in the Red Sea, killing 13 Egyptians.
The bank is expected to start its regular operations by the end of March 2015.
Dubai’s index closed 7.3 per cent lower at 3,084 points, a one-year low, while Abu Dhabi’s benchmark ended 6.9 per cent lower on Tuesday.
Oil futures have almost halved since June amid rising output and cooling demand.
GCC states should rein in state spending, but in a gradual way to avoid hurting economic growth.
Hector Sants will advise the Abu Dhabi Global Market (ADGM) on the creation of its regulatory framework and its strategy.