Gulf countries have been seeing a seasonal surge in the number of MERS cases, a trend that has been worrying experts.
Kuwait Airways Company is currently undergoing a privatisation process by the Kuwaiti government.
The Gulf’s construction sector is estimated to reach a value of $172 billion in 2015, a new study said.
Stocks and precious metals were the other favoured asset classes among UAE investors, a Franklin Templeton survey found.
The company is currently building five retail projects in Ajman and two in Dubai, a statement said.
Fasting hours are anticipated to stretch for up to 15 hours and 15 minutes at the beginning of the holy month.
The FA, which will rebrand the competition as The Emirates FA Cup, did not release any financial details.
A rapprochement could help strengthen a regional alliance against ISIL militants who have seized vast areas in both Iraq and neighbouring Syria.
Friday’s blast killed four people and was the second attack claimed by the Sunni militant group in a week in Saudi Arabia.
The organising committee said in a statement Qatar had conducted its 2022 bid with integrity and to the highest ethical standards.
ISIL claimed two suicide bombings carried out on May 22 and May 29 on Shi’ite mosques in eastern Saudi Arabia.
The refinery would be built in Indonesia’s Riau province, with the oil products being purchased by state-owned Pertamina.
Opening Saudi Arabia’s Tadawul should just be the beginning, writes the founder and president of Nasser Saidi & Associates.
Assets dropped 6.8 per cent from a year earlier to their lowest level since May 2013, central bank data showed.
Vodafone Qatar CEO Kyle Whitehill reveals his struggle to bring competition to the Qatari telecom market and what really happened with the QNBN deal.
The Kingdom now has stakes in more than five million barrels per day of refining capacity, at home and abroad.
The company has 212 rigs of both types in operation and that could rise to between 220 and 250 if conditions permit, sources familiar with the plans said.
The service is scheduled to begin on November 3, 2015 and will increase Emirates’ weekly flights serving Italy to 56.
The lender acquired 87.15 million shares at a total value of Dhs317.2 million ($86.37 million), it said in a bourse filing on Thursday.
Kingdom took part in talks over a potential investment in Snapchat but decided not to invest in the application, a source said.
The developer said it has recorded strong investor interest in the project and has sold out all villas in the first phase.
The bank will convene shareholders soon to vote on a rights issue worth Dhs504 million and raise its sukuk limit to $3 billion from the existing $2 billion ceiling.
The developer will launch 766,000 sq ft of additional shop and restaurant space for lease at the mall on June 1.
The airline carried 14.8 million passengers in 2014, an increase of 22.3 per cent year-on-year.
About 90 per cent of the available properties on the Pearl have been bought or leased.
Khalil Youssef Harb and Mohammed Qabalan have been banned from any dealings with Saudis.
The labourers reportedly did not have the necessary work permits for the construction sector.
By 2020, the airline will have committed $41 billion to the US’ GDP, an Etihad-commissioned study by Oxford found.
The oilfield will not be reopened until difficulties to operate there are resolved, the US firm said.
Arab warplanes and ships also hammered Yemen’s largest military port in the Red Sea city of Hodeida at dawn on Wednesday.