The billionaires firm and its fellow minority shareholder want to exercise their right to match any offer on the property
One firm reviewing Abraaj’s operations is said to be discussing its findings with the Dubai Financial Services Authority
The emirates has been accused of trying to annex the island archipelago
There were no immediate reports of casualties
The country’s attorney general said the games were damaging to children’s health
Forces backed by a Saudi-led military coalition are advancing towards Hodeidah port city
The country is currently enforcing a six-month ban on employing foreigners in 10 sectors
Oil has risen 51 per cent in the last year
The ban was cemented in February after series of domestic worker abuse cases
Influencers face paying up to $8,167 for licences to continue operating legally
The kingdom has intercepted dozens of missiles fired by Yemen’s Houthis in recent months
The property market in Abu Dhabi remains under pressure
All of the Gulf states were expected to introduce the 5 per cent tax by next year
The organisations aims to have autonomous cars in its fleet by 2020
Millennium Finance Corporation’s Keba Keinde talks to Gulf Business about his new venture into cryptocurrency and why his Freedium coin could change the lives of 6 billion people worldwide
The value of the deal was not disclosed
Francis Matthew was previously sentenced to 10 years in prison for murdering his wife
OPEC is set to meet in June to set oil policy together with non-OPEC producers participating in the supply cut deal
The county’s influencer community had been operating without regulation up until recently
The building has been described as a new residential tower
“The final decision to lift the ban is in the hands of the president,” an official said
Following a series of major changes relating to taxation, legislation and economic performance over the last 12 months, Gulf Business explores how the regional pay packet has been impacted
Art Season and SIKKA Art Fair project manager Walid Moosa Ahmed discusses Dubai’s growing arts and culture landscape
Inflation is expected to average 3.5 per cent this year, according to the IMF
Brent crude could return to $100 a barrel next year, or even sooner, Bank of America said
The deal had recently appeared in jeopardy after Philippine President Rodrigo Duterte said he would make a worker ban permanent
The finance ministry wants to track comments that could damage the country’s “financial status”
The resort will be Jumeirah’s second hotel in Bahrain
Apart from Dubai and Oman, the wealthy Gulf oil exporting states have minimal trade and investment links with Iran
OPEC members need to start reacting now if they intend to avert an escalation of prices