Currently, more than one million Saudis work in the private sector.
Use of solar energy for the Middle East’s growing power needs will create strong localisation potential.
Flight EK 215 crosses the Russian Federation, the North Pole and Eastern Canada before landing in Los Angeles.
Doha carrier doubles up to meet growth projections beyond slot-constrained Ataturk
October saw 288,268 guests check into the emirate’s hotels with a 79 per cent occupancy rate, up 10 per cent on a year earlier.
The economic burden resulting from non-communicable diseases is expected to soar in the coming years.
Qatar had been a firm backer of Mursi’s Muslim Brotherhood and lent or gave Egypt $7.5 billion during the year he was in power.
Dubai’s government should create an environment that will foster entrepreneurs in the coming years.
The Gulf state is currently home to the US 5th Fleet.
IPIC, which owns stakes in companies such as Spain’s Cepsa and Austria’s OMV, made a net profit of Dhs3.2 billion.
The Dubai developer is now valued at $2.65 billion.
The 42nd National Day of the UAE was marked with fireworks and parades.
The airline did not disclose the value of the agreement or give details about the type of aircraft.
Businessman Victor Dahdaleh is on trial accused of paying some $67 million in bribes to former Alba managers.
Nabeel Rajab was sentenced in 2012 to two years in prison for cases related to organising and participating in protests.
Prior negotiations between the two telcos collapsed around the start of 2013, according to sources.
The competition will become even stronger if sanctions on Iran are lifted in coming months.
Up to 85 per cent of non-resident Indians in the UAE remit their salaries, revealed a survey by Friends Provident.
Sheikh Mohammed urges nation to accelerate growth and warns against complacency during his address on the UAE’s 42nd National Day.
Ibdar was launched as a brand on Monday following the merger of Capivest, Elaf Bank and Capital Management House.
Western sanctions imposed in 2012 on Iran for its nuclear programme have cost the country its market share in OPEC.
Iran’s foreign minister said that the nuclear deal reached in Geneva on Nov. 24 should not be seen as a threat.
Zain Bahrain must float 15 per cent of its shares and list on Bahrain’s bourse by year-end.
Peter Kaliaropoulos’ appointment follows that of Abdulaziz Fakhroo as the telco’s CEO in March.
Sheikh Khalifa also commended Dubai’s Expo 2020 win during his address on the occasion of the UAE’s 42nd National Day.
The bank did not disclose the actual terms of the offer.
The lender lost $39 million in a global pre-paid card fraud.
Shadi Sadeek Sanbar has worked with the firm for over eight years and is seen as a close aide of the Saudi billionaire.
World players’ union FIFPro has said that Qatar must respect international standards for footballers’ contracts.
The project will deliver 2060 megawatts of electricity to SEC under a 20-year agreement