Dubai’s ruler Sheikh Mohammed Bin Rashid Al Maktoum launched the project.
Some of the money is likely to be spent on weapons from France, said Lebanon’s President Michel Suleiman.
Massive government spending is driving Saudi Arabian real estate growth, says Dr. Tobias Plate, senior partner at Roland Berger Strategy Consultants Middle East.
Alwaleed’s Kingdom Holding bought a $300 million stake in Twitter in December 2011.
The contractor will perform MEP works for four towers in Mumbai’s New Cuffe Parade project.
The DFM General Index fell as investors sought to take advantage of a four-day rally to pocket gains.
Around 2.5 million guests stayed in Abu Dhabi’s hotels in the first nine months of this year, up 17 per cent from last year.
The $10.8-billion aluminium plant at Ras al-Khair shut one of its smelting lines in mid October.
The group has said that its hotels division board has been carefully planned with a mix of expertise to cope with growing business demands.
The new service will be launched on March 30, 2014 and is expected to increase capacity by 36 per cent.
The alleged torture took place in 2011 when Bahrain was hit by unrest.
Qatar, Saudi Arabia, Kuwait and the UAE agreed in 2012 to provide aid worth a total $5 billion to Morocco in the period 2012-2017.
Preparations for the 2022 FIFA World Cup are driving the Qatari real estate market forward, says Dr Tobias Plate, Senior Partner at Roland Berger Strategy Consultants Middle East
The developer reported the land sales in its Al Furjan and Jumeirah Village Triangle projects.
Etisalat has been investing in various mobile packages to tap into the country’s lucrative SME customer base.
Dubai’s record-breaking attempt will feature 400,000 fireworks and will extend over 100 kilometres across Palm Jumeirah’s shoreline.
The $7 billion project in city of Waad al-Shimal is a joint venture between Ma’aden, Saudi Basic Industries Corp and Mosaic.
The sportscar comes with a 2020 number plate in recognition of Dubai’s Expo 2020 win.
The move came after after a car bomb ripped through a security headquarters in Mansoura, killing at least 16 people.
The TRA has cautioned the operators to avoid using misleading marketing campaigns ahead of the launch of the mobile number portability service.
The precious metal is headed for a near 30 per cent drop this year as the US heads towards a strong economic recovery.
Recovery of UAE’s key real estate markets remains uneven with robust growth in sales and rental prices in Dubai and slower improvements in Abu Dhabi, says Dr. Tobias Plate, senior partner at Roland Berger Strategy Consultants Middle East.
The lender said that the decision was taken to address the huge demand from large foreign institutional investors.
The company received $53 million in dues from the Egyptian government.
Public and private sector workers get one day off on Wednesday, January 1, 2014.
Compliance teams face an increasing array of rules due to failings exposed by the financial crisis.
The airport’s November passenger traffic was up 9.8 per cent compared to the same period in 2012.
Governments from Dubai to Malaysia are seeking to promote Shariah-compliant bonds and become centers for Islamic finance.
A look at the GCC’s performance this year and expectations coming into 2014.
UAE professionals incurred a yearly revenue loss of 26 per cent due to lack of face-to-face meetings.