Investcorp buys stake in Saudi-based Leejam, a health and fitness club company that operates the Fitness Time brand.
In chaotic Syria, smugglers, middlemen and small companies working with shipping agents are finding ways to do profitable business.
Arabesque is due to open to investors in the first quarter of 2014 and will focus on value-based investment strategies.
The accord with Abu Dhabi is expected to be signed during talks between Putin and Crown Prince Sheikh Mohammed bin Zayed on Thursday.
Investment will help pharmaceutical manufacturer Steripharma to step up its exports to the private sector of North and sub-Saharan Africa.
ATSB rules operator’s procedures were effective but expresses ongoing concerns over nozzle designs
Dubai’s index jumps five per cent to 2,441 points in early trade
The bank will serve as the club’s official partner in the UAE and plans create a range of Barca-themed products for local fans.
The companies were holding talks to merge certain parts of their businesses.
Emirates’ superjumbos may hold the key to the conundrum posed by Dubai Airports’ 80-day runway programme next summer.
Focusing on business, not politics is the only way out of the vicious Arab unrest circle, says group executive director and CEO of Standard Chartered, EMEA.
Catherine Middleton is the Duchess of Cambridge.
Security officials said at least two people had been killed and at least 10 wounded in the attack.
The popular local brand will begin selling its coffee bags through 340 Jumbo supermarkets in the Netherlands.
In a quarter-on-quarter comparison, Saudi GDP fell 1.1 per cent in April-June 2013, the first such decline in a year.
Latin beauty firms have found a goldmine export market in Dubai and the Middle East.
The $100 billion-plus sovereign fund is scouting for opportunities in Asia and the United States.
Wes Schwalje, chief operating officer at Tahseen Consulting, says swift action must be taken to create sustainable jobs and develop the region into a truly global knowledge economy.
Halcyon Events, a luxury hospitality company, operates concierge style packages to Grands Prixs around the world.
Chevron won the new contract to supply U.S. allied military jets refuelling in Dubai.
The ‘Priceless Arabia’ programme offers MasterCard holders special offers on luxurious products and services across the MENA region.
The number of Twitter users in Saudi Arabia nearly doubled in six months to 2.9 million in July 2012, amounting to a little over 10 per cent of the population
The GCC region will face gas shortage by 2015 owing to a demand-supply imbalance, according to a new report.
The Australian airline formed an alliance with Dubai’s Emirates Airline this year.
Despite a surge in capital outflow, the rupee slide will not significantly damage the UAE economy.
The Middle East’s leading airport is comfortably on track to surpass last year’s total of 57 million.
The Dubai Financial Market dropped seven per cent on Tuesday following reports of a possible Western strike in Syria.
The two nations have signed a 25-year deal valued at around $60 billion.
The zone is seen as a challenge to neighbouring city state Dubai, which is the top financial centre in the region.
Many hundreds of people died in Damascus suburbs last week after an alleged chemical weapons attack.