OSN has announced full ownership of Pehla for an undisclosed amount while it awaits update on an IPO.
The accepted origins are from the European Union, North and South America and Australia.
The 1,238-room Holiday Inn Makkah is slated for completion in 2016.
Rents rose by 11.3 per cent across Dubai during the first half of 2013, says a Cluttons report.
With the second and third airplanes in final assembly, Boeing will be hopeful the second version will have a smoother entry to market than the first.
The precious metal was buoyed by weak U.S. data and political tensions in Syria.
More than 1,000 people have died in violence across Egypt since the removal of President Mohamed Mursi.
The Sultan’s visit is the first by a foreign leader since moderate President Hassan Rouhani took office in early August.
The Bin Otaiba Investment group has bought a 91,000-square-metre land plot on the island to develop a five-star hotel.
The island’s once vibrant economy was paralysed by violent pro-democracy protests which deterred foreign investment and crimped tourism. Where does it stand today?
Markus Thesslef also reveals plans to launch a new Spanish restaurant and additional openings for Okku and Sophie’s.
Almost 90 per cent of those polled said the corporate sector has a moral responsibility to partake in CSR projects.
Despite a strong supply of office units in the market, increased demand is boosting rents in the Kingdom.
The Dubai-based developer has $2.2 billion debt maturing in 2015.
The lender also named a new chief executive of the Middle East and North Africa.
The regulators will supervise fund managers operating between the Dubai International Financial Centre and Europe.
The UAE lender seems to be ignoring impending regulations by the Central Bank to cap mortgages at 80 and 75 per cent.
As the latest network sharing agreement flops, is now the time to end the UAE telco duopoly?
The station is part of a $1.56 billion global eavesdropping project, say reports citing leaked documents from Edward Snowden.
Police stayed away from the march, which was organised by the country’s main opposition parties.
The meeting, planned two months ago, is the third that the top military officers have held on Syria this year.
Top executives from the European manufacturer praise GCC airlines for their use of the A380 and launching the new A350.
New India, long buried since the crash, may see 2013 as its resurgent year. Can India overcome corruption and political hurdles to embrace greater global liquidity and a pick up in investor sentiment?
Markus Thesleff, owner of new restaurant Claw, is concerned the saturated industry is going to leave a lot of people with headaches.
Authorities have signed an air transport agreement to allow more flights on the UAE-China route as demand rises.
The fifth and last LNG shipment from Qatar is expected to be loaded next month.
Minor Hotel Group has tied up with Dubai-based Rani Investment to expand in Africa.
The region’s online mother and child website aims to attract female investors to online retail through the women-only investment round.
Oman became the last country in the GCC to adopt Islamic finance in December 2012.
Upcoming international regulations will ensure uniformity in Middle Eastern property markets, says Jones Lang LaSalle Middle East CEO.