DeVere Group CEO believes that the acquisition of Acuma, a UAE-based wealth management firm, will help further their presence in the Gulf market.
The Dubai lender’s retail arm made a net profit of Dhs240 million last year.
RWE said in March it was planning to offload DEA to slash capital spending and cut its multi-billion euro debts.
The 700sqm facility accommodates up to 80 people and features boardrooms, conference and meeting rooms and internet stations.
Sources have said that a deal for Saudi Arabia to buy M1 Abrams tanks from General Dynamics was already in sight.
ADIA has investments of about $400-$500 million in India which includes a $50 million investment in Red Fort Capital, a real estate private equity fund.
Egypt’s first freely elected leader has been held at an undisclosed location since the army removed him from power on July 3.
How have Egypt’s markets reacted to the second presidential ousting in as many years?
Tea Ros, managing director at Strategic Hotel Consulting, examines the challenges developers face in underwater construction.
Saudi Arabia and the UAE have offered Egypt $8 billion in grants and loans, while Kuwait has pledged a further $4 billion.
A bunch of kids in T-shirts changed the course of the Arab world’s most populous nation by mobilising mass protests against the ruling Muslim Brotherhood.
Gulf Finance House is banking on a revamped business model to revive its fortunes.
About half the respondents surveyed were legally single.
Industry analysts IDC and Gartner reported that Lenovo reached 16.7 per cent global PC marketshare in Q2 2013.
New simulators to be housed in academy extension and fill training gap for long-range aircraft.
The airline will be effectively offering shuttle services throughout the day to Bangkok this winter.
The purchase price was equivalent to a 5.6 per cent discount to Tuesday’s closing share price of Dhs5.15.
Loans and advances during the second quarter rose 26.3 per cent to QAR296 billion.
The agreement will reportedly cut EBX’s debt with Mubadala by more than 25 per cent to between $1.6 billion and $1.7 billion.
Following the ascension of Qatar’s Sheikh Tamim bin Hamad al-Thani, who will join him in the future in leading the Gulf states?
The damage came as workers were putting final touches to a renovation by the owner, a brother of Hamad bin Khalifa al-Thani, the former emir of Qatar.
Aramco signed deals worth an estimated $6 billion for the 400,000 barrels per day refinery project in November.
Political instability in Egypt and other countries in the Middle East have dampened investor confidence resulting in low offering values.
Dragados has won the deal to design and build a new 50,000 tonne-per-year polyacetal plant in the Kingdom.
However, GCC investors are looking beyond traditional luxury hotspots such as Mayfair and Knightsbridge.
The Givori Phantom Black Platinum collection, made for men, is handcrafted in Italy.
GAC acquisition gives flight to EGA’s ambition in becoming a key player in global aluminium production and paves way for significant global and regional expansion
The new hub will stream a live feed from Mecca allowing users to follow the Umrah pilgrimage.
Talal Abu Ghazaleh hopes to launch of Tagipedia, a free online Arabic encyclopedia with one million entries by the end of the year.
The phone calls from the US president came on a day when the UAE and Saudi offered $8 billion in aid to Cairo.