The Saudi national will take up the role of co-chief exectuive and head of investment.
Qatar Airways is the launch customer for the future A350.
Power consumption rose by nine per cent in the first half of 2012.
The most highly priced properties for sale on UAE’s market.
The defense ministry said the jet went down in Saudi waters and that authorities were investigating the cause of the crash.
The Pacific Islanders win their first stage event on the World Series.
New survey finds that the oil and gas sector is the preferred industry for professionals in the MENA region.
The deal includes assets in Monaco, Maldives, the Seychelles and Channel Islands.
Scott Gegenheimer resigned from telecom operator Wataniya six months ago.
The contracts will develop an industrial city in the north of KSA as it looks to develop its mining industry.
The plant is expected to require an investment of nearly $400 million.
Each shareholder will receive one new bonus share for every 10 held.
It is critical to engage with China as it becomes the world’s largest economy and gains unilateral power, say experts.
The gas-rich state has so far disappointed environmentalists by failing to reduce emissions.
Qatar’s billion-dollar infrastructure programme is set to provide investors with unprecedented options — eventually.
Samer Majali will remain in his job until the end of 2012; no reasons have been given.
The two have signed a MOU that will pool $389 million of investment capital.
TAQA has purchased 53.2 per cent from General Exploration Partners.
The tiny Gulf state will use solar power for 16 per cent of its electrical output by 2018.
Gulf Business brings you the top 10 banks in the UAE with the heftiest third quarter profits this year.
The airport, one of the world’s busiest, handled 4.92 million passengers in October.
The Kingdom has said that it needs more time to award the winning bids, which were expected to be announced by November-end.
The telecoms operator has postponed the maturity date of the murabaha facility to December 19.
A senior Dubai government official says the UAE has adequate funds to build its multi-billion dollar projects.
Kuwait’s corporate sector experienced a recovery in 2012.
Hussain Al Qemzi says that it’s not easy to adhere to the central bank’s regulations on lending to GREs.
Firms in the banking and financial sector lead the list of the top companies in Bahrain.
The deal comes weeks after British Prime Minister David Cameron’s visit to the UAE.
Online security needs to shift its focus, says CEO, as 1.5 million people are hit.
Former CEO Shahzad Shahbaz left the Qatari investment bank last week.