The International Monetary Fund has repeatedly warned against rising government spending in OPEC member Kuwait.
A Kuwaiti investment firm has already expressed interest in trading options.
Private sector employees will now resume work from Sunday, November 3.
Starting from 1 March 2014, the carrier will fly twice daily flights into both destinations.
CEO Adel Ali predicts a minimum five new routes a year as the low-cost carrier flies into its second decade
The Middle East Banking Forum will be held on 26 November, and attract top tier representatives from regional and international lenders.
Khaled Kawan replaces Hassan Ali Juma, who retired from the bank in July
The South American nation exported 46 tonnes of coffee to the Arab region during the first eight months of 2013.
Profit fell to SAR2.853 billion in the three months ended Sept. 30
The telecoms operator made a net loss of SAR421 million in the three months to Sept. 30
The silos will form part of the UAE’s recently announced $4.9 billion aid package to Egypt
Activists posted 12 films on YouTube said to be of women driving on Saturday
The “Erbil Downtown” project is due to be completed in three stages over a period of around five years
UAE Prime Minister Sheikh Mohammed said that half of the federal budget of Dhs46 billion will go for development and social benefits
As Dubai hotels continue to cash in on strong demand, room rates in Doha are falling due to stiff price competition.
The Middle East is one of the world’s fastest-growing markets for automotive products.
Dubai Airports’ strategic focus now shifts to second phase operations now the new airport is open to passengers
David Cameron, Prime Minister of the UK, gives his reasons for why the emirate should host the expo.
Nearly three out of four UAE financial advisers are in a growth phase, a study found.
The tiny kingdom’s banking industry was hit hard by the global financial crisis and, since 2011, by political unrest.
The company’s sales in the third quarter rose nine per cent to 48.8 billion riyals over the same period in 2012.
Despite high levels of expenditure on luxury, UAE-based western expats were also found to be spending on investments.
Garry Kondakov, chief sales, marketing & support officer at internet security firm Kaspersky Lab, talks increased IT security awareness, B2B and B2C trends and expansion plans in the Middle East.
The five-year offering carried a coupon of 8.625 per cent
Al Maktoum International Airport at Dubai World Central begins passenger services on October 27.
Al Maktoum Airport at Dubai World Central welcomes inaugural passenger flight today.
The Gulf state has reportedly has plans to buy 1.6 million canisters of the material.
The project will include the development of the emirate’s longest corniche, stretching across 14 kilometres.
Dubai-based Mashreq alleged ING Groep NV lost over $40 million of its money by investing it in “toxic” securities.
FGB raised its ownership from 40 per cent to 100 per cent in Aseel Islamic Finance