The UAE is expected to spearhead digital banking in the GCC, which is being seen as low on digital banking readiness.
The announcement included a new award for students and unveiled the theme for next year’s festival.
Most expatriates would prefer to invest a sudden windfall in property, finds survey.
The UAE is predicted to see thunderstorms and strong winds on Thursday.
The mortar shells fell in an uninhabited area and caused no damage, Saudi officials have confirmed.
An additional 1.2 to 1.6 million GCC citizens could enter the labour market by 2018, estimates the International Monetary Fund.
The firm won industrial orders worth over $5 billion at the air show to sell parts and materials to Boeing and Airbus.
Saudi is evaluating options for its naval modernisation programme, including purchases of up to 12 of Lockheed’s steel monohull Littoral Combat Ship
Lead by example and inspire those around you, says the co-founder of luxury technology brand Amodoria.
Mubadala announced it will begin servicing Rolls-Royce’s Trent XWB engines, including maintenance, repair and overhaul.
Saudi’s deputy foreign minister said that protectionist policies in the petrochemicals sector can drastically impact the global economy.
Aleem Khan previously ran the structured trade finance business for StanChart MENA and Americas.
Jet-Etihad deal will inject much needed cash into the debt-ridden Indian airline while providing Etihad with 50,000 seats per week to India.
Scottish city will be Qatar’s third UK destination and means the country’s two key cities will shortly be served by two Gulf carriers.
With a population of 28.3 million, Saudi Arabia is now the biggest user of YouTube per capita in the world.
Airbus was always playing catch up after the dramatic first day which saw four Gulf carriers place major Boeing orders
A majority of investment professionals in the UAE believe that a successful bid may lead to an economic bubble, finds CFA Society survey.
The North American shale oil surge has helped arrest the rise in crude prices over the last year.
The plots are priced between Dhs1.1 million to Dhs3.3 million, the developer announced.
The developer will hold investor meetings in the UAE, Singapore, London, Hong Kong and Switzerland.
New government regulations in the emirate are starting to take effect, says new report.
The soft loans will be granted through the Kuwait Fund for Arab Economic Development, said emir Sheikh Sabah al-Ahmed al-Jaber al-Sabah
The Dubai-based airline placed a record $23 billion order for 50 of the jumbo A380 jets at the Dubai Airshow
Aldar’s latest properties will add on more units in Abu Dhabi’s Shams neighbourhood.
The Dubai Airshow 2013 has set the record for the highest value of aviation deals signed at one event.
Deal designed to fuel network growth and foster the country’s ongoing reconstruction.
The Dubai Airshow 2013 has marked a tipping point for the industry, as airline bosses are now in control.
Qatar has pledged to renew its policies and ensure that migrant workers’ rights remain intact.
The exchange has said it hopes to resume trading as usual on Wednesday.
The loans would come on top of investments by Kuwaiti companies in a number of sectors.