Sheikh Meshal Jarah al-Sabah says the bank recruited him to scupper Vivendi’s bid to acquire Zain’s operations in Africa.
Sheikh Hamad bin Khalifa al-Thani will meet ruling family members on Monday amid reports that he intends to hand over power to his crown prince, Sheikh Tamim.
Paul Griffiths explains why Dubai International will soon be the world’s largest airport and why high oil prices are not a bad thing.
Qatar had earlier planned to invest 50 million euros into businesses in French suburbs.
King Abdullah issued a decree to make the switch, bringing the Kingdom’s working week in line with other GCC states.
Although there are only a limited number of start-ups in the country, the ones that exist are rapidly gaining momentum, says expert.
Aldar Properties and Sorouh Real Estate will trade as a merged entity with a capital of Dhs7.86 billion.
The acquisition allowed Gulftainer to assume full management of three Saudi terminals, located in Jeddah and Jubail.
France has been hoping to sign a contract to equip Qatar’s air force with Rafale fighter planes made by Dassault.
The flight from Muscat to Kuala Lumpur was diverted to Mumbai after the threat was received.
The Australian midfielder is believed to have agreed terms with the UAE club and will undergo a medical.
The Abu Dhabi-based lender has acquired Dubai First from the debt laden Dubai Group.
Twelve UAE nationals were arrested after the boats allegedly crossed into Iran’s territorial waters.
Sheikh Ali bin Jassim al-Thani and his wife Iman al-Kuwari were sentenced on Thursday to a maximum of six years in prison.
Saudi Arabia is trying to reduce a black market in labour among the estimated nine million foreigners in the country.
KIPCO owns 60.5 per cent of OSN and its Saudi-based partner Mawarid Group has 39.5 per cent.
The Kingdom has no immediate plans to open its doors completely to foreign travellers.
Under Saudi regulations foreign-owned businesses face a complex licensing process and are tightly controlled.
A study by Barclays Wealth shows a growing confidence of increasing fortunes compared to other global markets.
Senior Afghan officials had accused Washington on Wednesday of breaking assurances to Kabul.
BP has already spent hundreds of millions of dollars on the project since winning the concession in 2007.
DEG has a current portfolio of 160 million euros in the MENA region but has not been very active since 2011.
The sale will push the bank’s Tier 1 ratio towards its 17 per cent target for the end of 2013.
Gulf economies have ridden out the global financial crisis of the past five years more smoothly than many economists expected.
A team of U.S. negotiators arrived in Qatar earlier on Wednesday and held a meeting with Afghan diplomats in the Qatari capital.
Ties between Egypt and the UAE have been strained since the revolution that toppled veteran Egyptian ruler Hosni Mubarak.
Qatar said in 2011 it wanted to replace its fleet of 12 Mirage fighter jets, possibly buying 24 to 36 units.
The UAE has revived a proposal to merge its two main bourses in a state-backed deal that could boost trading.
The order, previously logged as being from an unidentified customer, makes Oman Air the first Gulf customer for the next generation aircraft.
Premium cabin will serve passengers seeking more on-board frills and entertainment