Bandar Hajjar’s candidacy was endorsed by the Saudi government and the outgoing IDB president Ahmad Mohamed Ali
The amount will be paid to banks and trade creditors this month
The centre will showcase technologies related to wearable technology, robotics and the internet of things
Late last month, Saudi announced steps to reduce its dependence on oil exports over the next 15 years
The amount will reportedly be used to cover redundancy costs for workers it is laying off, back salaries and severance costs
Fees have been hiked for 23 per cent of the parking slots across the city
Developer Nakheel says the mall’s multi-phase mega expansion will be complete by 2020
The new deal will reduce uncertainty surrounding the legality of the online rental website in Dubai
The Antonov An-225 Mriya landed at the Al Maktoum Airport on Tuesday
A Dubai SME report has proposed several reforms to support businesses in the UAE
Petrochemical shares have given the greatest boost to Riyadh’s index over the last week
The upcoming theme park will host a haunted hotel
Saudi has said it might sell up to $750bn in US securities and other American assets if the bill becomes law
Shura Council members said women could be enrolled in certain areas of the Saudi military
The riot in January allegedly caused damages of Dhs 400,000
So-called “bachelor bans” bar lone men from entering malls and parks on certain days of the week in the Gulf state
The King Abdullah Financial District remains a construction site more than 10 years after its launch
The programme, funded by the $1.1bn Abdulla Al Ghurair Foundation, aims to provide free online education across the region
The bank plans to grow its Turkey franchise and expand into Malaysia, Indonesia and Egypt, its chairman said
Emirati lawyer tweets outgoing president with “serious” offer
Realtor Allsopp & Allsopp has signed a two-year shirt sponsorship deal with Coventry City
The telecom operator plans to cut its workforce by 10 per cent
Violators will face a Dhs 600 fine and have their vehicle impounded for a month
The fund will also abandon the Qatar Holding name, according to reports
The two nations agreed to work more closely on matters of mutual interest
The findings of the report by the country’s Youth and Human Resource Committee will be discussed today, according to reports
The US Treasury Department released information related to its debt for the first time in four decades
Saudi’s new Public Investment Fund is planned to become “the largest fund in the world by far”
The monthly ValuStrat Price Index did not decline for the first time in almost two years
Beauty bloggers and the royal family have the most followers