Qatar had been a firm backer of Mursi’s Muslim Brotherhood and lent or gave Egypt $7.5 billion during the year he was in power.
Dubai’s government should create an environment that will foster entrepreneurs in the coming years.
The Gulf state is currently home to the US 5th Fleet.
IPIC, which owns stakes in companies such as Spain’s Cepsa and Austria’s OMV, made a net profit of Dhs3.2 billion.
The Dubai developer is now valued at $2.65 billion.
The 42nd National Day of the UAE was marked with fireworks and parades.
The airline did not disclose the value of the agreement or give details about the type of aircraft.
Businessman Victor Dahdaleh is on trial accused of paying some $67 million in bribes to former Alba managers.
A 32-year-old woman in Abu Dhabi infected with the virus has died; her husband and son are also diagnosed with MERS.
Nabeel Rajab was sentenced in 2012 to two years in prison for cases related to organising and participating in protests.
Prior negotiations between the two telcos collapsed around the start of 2013, according to sources.
Up to 85 per cent of non-resident Indians in the UAE remit their salaries, revealed a survey by Friends Provident.
Sheikh Mohammed urges nation to accelerate growth and warns against complacency during his address on the UAE’s 42nd National Day.
Ibdar was launched as a brand on Monday following the merger of Capivest, Elaf Bank and Capital Management House.
Upset with the US, senior Saudis are considering strategic relations with other world powers.
Iran’s foreign minister said that the nuclear deal reached in Geneva on Nov. 24 should not be seen as a threat.
Jonathan Labin, head of Middle East, Africa & Pakistan, Facebook writes about how small business can leverage the reach of Facebook for returns.
Zain Bahrain must float 15 per cent of its shares and list on Bahrain’s bourse by year-end.
Peter Kaliaropoulos’ appointment follows that of Abdulaziz Fakhroo as the telco’s CEO in March.
Sheikh Khalifa also commended Dubai’s Expo 2020 win during his address on the occasion of the UAE’s 42nd National Day.
The bank did not disclose the actual terms of the offer.
The lender lost $39 million in a global pre-paid card fraud.
Shadi Sadeek Sanbar has worked with the firm for over eight years and is seen as a close aide of the Saudi billionaire.
World players’ union FIFPro has said that Qatar must respect international standards for footballers’ contracts.
The project will deliver 2060 megawatts of electricity to SEC under a 20-year agreement
Dubai’s bid proved successful as expected and the Emirate will host the Expo in 2020 but what happens next?
The Dubai developer has asked property agents not to resell off-plan properties until the unit is completed and handed over
As the Middle East’s tech landscape is challenged by the use of social media and smartphones, experts warn that companies need to be prudent about their online safety policies.
In Kuwait the authorities have resumed the monitoring of sermons.
Government spending has been rising rapidly since 2011, when street protests demanding jobs prompted authorities to boost welfare handouts.