The decision has been passed by the EU Council of ministers, but requires final approval from the European Parliament.
The Securities and Commodities Authority has circulated draft rules that treat sukuk and non-Shariah compliant debt separately.
Mall of Qatar’s general manager says the complex will set the standard for malls internationally.
Omar al-Saeed is reportedly the fourth member of the Saudi Civil and Political Rights Association (ACPRA) to be jailed this year.
A growing young population, increasing consumption and rising budget expenditure will create investment opportunities in the region.
The petrochemical company is a joint venture between oil giant Saudi Aramco and Sumitomo Chemical.
The DFM General Index climbed 1.3 per cent to 3,199.88, the highest since October 2008.
MubasherTrade report forecasts low-to-mid-single digit economic growth rates in the Middle East in 2014.
The 10-storey, 270-unit tower aims to serve professionals working to build the Expo 2020 venue.
The five-year facility was obtained from a group of seven banks, said bankers.
The Az-Zour North Power and Desalination project is Kuwait’s first public-private partnership.
Middle East travellers benefit from plentiful air lift, and abundant food, shopping and leisure attractions
Mahdi Amjad, CEO of real estate company Omniyat says impact of the win was felt “from the first minute the results were announced.”
An estimated five million Muslims, originating mostly from former African colonies such as Algeria and Morocco, live in France.
The storm has brought snow, rain and cold to swathes of Turkey, Syria, Lebanon, Jordan and Egypt.
Former Saudi intelligence chief Prince Turki bin Faisal said the two nations did not provide the necessary aid to the rebel unit.
The telecoms firm agreed an $8 billion loan in April to finance its acquisition of a 53 per cent stake in Maroc Telecom.
Oman, Dubai and Abu Dhabi are each investing in building additional cruise terminals.
Some of the world’s best-paid engineers and designers are right now dreaming up the ways we will fly in the future.
It is important to identify your goal for being online, says Joumana Hage, senior strategic planner at creative solutions company CHEIL.
Saudi Arabia’s Grand Mufti condemned suicide bombings as grave crimes.
Reports claimed Al Jazeera’s office in the Egyptian capital had been raided and security forces arrested 11 Qatari citizens.
The security firm said advanced mobile banking and targeted attacks will accelerate over the next year.
The most powerful gaming console ever goes on sale in the UAE at midnight on Thursday 12 December.
The firm is also planning to launch an asset management and wealth management business next year.
Dubai has the required production infrastructure and services to become a global media hub, says study.
Qatar 2022 chief has said that the state is being proactive in improving its human rights record.
The country ranks second in the Middle East in terms of both its ultra-high net worth population and overall wealth.
The energy company hopes that the staff-cuts will result in a saving of over $20 million in 2014.
The exploration program is expected to begin with seabed coring in 2014.