The men were being held in Torah prison on the outskirts of Cairo.
The two sectors together account for over half of the Saudi market’s capitalisation.
Saudi’s King Abdullah and the UAE government have sent congratulations to Adli Mansour, who had been appointed as interim head of state.
Ahmad al-Sayed has replaced former Qatari PM Sheikh Hamad bin Jassim al-Thani as CEO at Qatar Investment Authority.
Islamist President Mohamed Mursi is toppled after a year in office as people protested against political upheaval and economic stagnation.
Events and established tourist attractions sustain robust performance in the hospitality sector for some Middle East cities.
Dubai’s ruler Sheikh Mohammed has approved a host of new projects to be undertaken by the Dubai Municipality.
Sheikh Abdulaziz Al al-Sheikh urged Egypt’s opposing sides to meet to find a solution to the crisis.
The Saudi government has given a four-month extension to an amnesty for foreign workers with visa violations
Under an agreement with Indian bourse BSE derivatives exchange DGCX started trading futures for the S&P BSE SENSEX.
Mursi is either expected to step down or be removed from office once the army deadline passes on Wednesday.
Supporters of Egyptian President Mohamed Mursi have clashed with security forces in Cairo.
Ahmed al-Sayed has now been appointed chief executive of Qatar Investment Authority
A retail expert from Manchester Business School, Dubai, warns foreign businesses to take their expansion plans seriously.
Eight men were sentenced in absentia to 15 years in prison, 56 were jailed for 10 years and five for seven years.
The head of the armed forces gave president Mohamed Mursi 48 hours on Monday to end a crisis or face a solution imposed by the military.
Since the Arab Spring several Gulf governments have pushed for greater control of VoIP and other hard-to-trace communication tools.
The new hub will feature over 500 shows and 25,000 episodes of popular Arabic content.
An appeals court has upheld the four-year sentence handed down to Grant Cameron, Karl Williams and Suneet Jeerh in April on drug charges.
The new project will be situated alongside the Trump golf course within the new Akoya development.
Solid infrastructure and investor friendly policies have helped the country move up in a global FDI rankings list.
The Kingdom began a stringent crackdown on illegal foreign workers earlier this year.
The country plans to explore new gas fields and increase gas output.
LNG shipper Maran Nakilat will use the proceeds to expand its LNG carrier fleet.
The prince is being sued by Jordanian businesswoman Daad Sharab, who says she was not paid a commission for brokering the sale.
The head of the armed forces set a 48-hour deadline on Monday for Mursi to agree on a common platform with liberal rivals.
With so much opportunity for both parties, will the UAE overcome its impasse with Ethiopia over air travel and illegal nannies?
Sunni Muslim Gulf states led by Saudi Arabia and Qatar have backed the rebels with arms and money in a fight to topple President Bashar al-Assad.
Carrier identifies demand for August resumption, but Emirates provides stiff competition.
Yahclick,launched by Mubadala owned-Yahsat, promises to offer better connectivity and higher speeds.