In command of a strategic position in the Mediterranean and a sound economy with strong fundamentals, Malta is opening up to Gulf investors.
Exclusive: Anan Fakhreddin reveals how the company is rebuilding itself after hitting rock bottom in one of Dubai’s largest business scandals.
International aid agencies are relying increasingly on local organisations to get access to communities in need both in Syria and Iraq.
The fund warned the Kingdom to rein in public spending, which has risen 52 per cent annually since 2010 and reached SAR994.7 billion in 2013.
The firm raised $75 million, 55 per cent of its capital, in April via an offer that was 36 times subscribed.
Apple iPhone 6 Plus buyers discovered their phones can bend when placed in back pockets.
The deal for two million barrels a month of Kuwaiti crude was signed with the Arab Petroleum Pipeline Co.
Turner won the project management tender for the district, which will house the world’s tallest commercial tower, Burj 2020.
On a quarter-on-quarter basis, GDP dropped 3.1 per cent in the second quarter, the biggest fall since the quarterly data series began in 2010.
Brent crude prices have fallen below OPEC’s preferred level of $100 a barrel.
The United States has been building a coalition to combat Islamic State, which has seized large areas in Iraq and Syria.
The state-controlled retailer launched the repricing exercise last month, one of a string of United Arab Emirates companies to cut their borrowing costs in recent months.
Passenger numbers rose 5.7 percent to 46.48 million people in the first eight months of the year.
The discussions were centred on re-negotiating the terms of the debt, the chief executive said without giving any further details.
Nakheel’s current residential leasing portfolio comprises almost 17,000 units at across Dubai.
Dubai World is offering creditors a series of incentives to lengthen a $25 billion debt restructuring deal.
With its ski parks and museums, Oslo more than makes up for its “expensive” tag.
HealthKit gathers data such as blood pressure and weight from various health apps on Apple devices, and can be viewed by doctors at one place.
Angela Merkel said Al Thani had assured her Qatar’s security was also at stake in the fight against the Islamic State and that she had “no reason not to believe what the emir said”.
The first nuclear reactor is scheduled to enter commercial operations by 2017, the UAE’s nuclear agency said.
Around 18 per cent of SMEs in the UAE have stepped up their exports to overseas markets while 26 per cent of them have expanded their domestic operations, a new survey says.
CEO Akbar Al Baker said Airbus was not to blame for the delayed delivery of the world’s largest airliner.
Arabtec said it “does not have the information” on such a deal, it said in a bourse statement.
State-controlled PTT and Aramco will each own 40 per cent of the project at Binh Dinh’s Nhon Hoi economic zone, with the Vietnamese government holding the remaining 20 per cent.
The wheat is to be shipped in 10 consignments, with 310,000 tonnes for shipment to the port of Jeddah and 300,000 tonnes for the port of Dammam.
Libyan Prime Minister Abdullah al-Thinni said that he will consider breaking off relations with Qatar if it continued to interfere in Libya’s internal affairs.
Sir Tim Clark says information regarding the presence of missiles on ground in Eastern Ukraine was withheld from airlines.
Qatar and Turkey were the only regional countries to back the Brotherhood after Egypt’s army toppled Mohamed Mursi last year following mass protests against his rule.
The newly completed phase of the project will be open to public from the third week of September, RTA said.
Sisi said any international coalition to combat terrorism “should be comprehensive and not exclusively target a specific organisation or eradicate a certain terrorist hotspot”.