With BlackBerry releasing the BB Z10, the smartphone battle just got bloodier. Who will triumph?
UAE nationals choose public over private sector jobs with investment firm Mubadala the company of choice.
Visitors from Qatar and Kuwait were found to be the biggest spenders.
France’s ex-President would take a non-executive role to help direct where to invest $650 million.
Qatar signed an MoU with Islamic Development Bank and the Dallah Albaraka Group last year to establish a new international Islamic bank.
Qatar has been a key source of foreign aid to Egypt since its 2011 revolution giving $5 billion.
The sukuk, maturing 2023, will have an amortising structure, with an average weighted life of five years.
Better-than-expected US jobs data helped push spot gold up 0.2 per cent to $1,580.66 an ounce.
Investors are starting to buy back into the emirate’s stocks following a recent slump.
Securing storage space at the key fuel hub outside the Strait of Hormuz helps traders ensure swift and flexible supplies to buyers.
UAE-based Abraaj Capital invests undisclosed sum in Anoud Games through its Palestine Growth Capital Fund.
Dubai-based entrepreneur Paul Kenny speaks out for the first time on the Tiger Global Management buyout, this year’s most important regional dot-com acquisition.
The bank will use the proceeds to repay part of the Dhs12.6 billion it received from the government in 2008, say sources.
Based on Bahrain Islamic’s total outstanding shares, the value of the deal is about BD34.9 million.
The country ranked 28th overall in the World Economic Forum’s Travel & Tourism Competitiveness Report 2013.
The revised version cuts spending by more than $1 billion from an earlier draft budget.
The Gulf state’s central bank will offer local banks 3 billion riyals worth of bonds and 1 billion riyals worth of Shariah-compliant notes.
The region’s advertising community convened in Lebanon for the Cristals awards festival — a hive of gossip, intrigue, and big advertising ideas.
The economic case for nuclear generation in the Middle East is compelling, writes Reuters’ market analyst John Kemp.
There is no shortage of rich individuals and governments who suddenly feel they need a little extra protection.
The meetings will start in Riyadh before going to Singapore, Hong Kong, the United Arab Emirates, Switzerland and London.
The new facility is expected to open in the third quarter of 2014.
UEFA president Platini has suggested Qatar shares the 2022 World Cup throughout the Middle East and moves it outside of Summer.
The telecoms operator posted a record revenue of $8.97 billion last year, up 2.2 per cent from 2011.
The asset disposals are expected to result in a net gain of $151 million for DP World and help boost its capital levels.
The UAE’s imports from the US equalled around $22.57 billion, up roughly $6.7 billion over 2011.
Saudi Arabia has leased an oil storage unit in Fujairah, allowing traders to quickly respond to demand, particularly in Asia.
The $1 billion project will be located in the heart of Downtown Dubai and is expected to be completed by the end of 2015.
The fund has allocated $45 million for real estate projects and $42 million for tourism and hospitality schemes