The Kingdom overtook India to become the world’s biggest weapons importer in 2014, research company IHS said.
There was no immediate claim of responsibility for the attacks.
The Gulf’s wealthy prefer to invest in the region with 83 per cent of the high net worth individuals wanting to keep their assets closer to home, a survey said.
A court last month released Mohamed Fahmy and Baher Mohamed on bail after over a year in detention.
Significant pay increases at C-level were among the factors driving overall salaries up over the last year, according to the Gulf Business 2015 Salary Survey.
Rents in the emirate have surged more than 50 per cent in the last two years, prompting calls for affordable units in the market.
China Harbour Engineering Company will carry out the marine and infrastructure works for the luxury project.
Brent crude slid 1.2 per cent to $59.73 a barrel on Friday and posted its biggest weekly loss since January.
The majority of working women in the region (77 per cent) currently work for a male manager, finds new survey.
The lender said it had revised its proposed cash payout to four per cent from six per cent.
He said projections showed prices might improve this year, but added that they might also stay between $50 and $60 a barrel.
A statement said the Kingdom’s constitution ensured the protection of human rights because it was based on Islamic Sharia law.
Iran is bidding against the UAE to host the 2019 Asian Cup and the ban on women is expected to damage their chances.
Islamist militants attacked the Al-Ghani field last week, killing 11 guards.
Dreyfus is sending about 280,000 barrels of ethanol from the Port of New York to Jebel Ali in the UAE.
Security officials acknowledge that youths from Gulf Arab states have trekked in their hundreds to fight for ISIL in Iraq and Syria.
Apple’s new Watch is expected to be launched at an event announced this week.
Tourism accounts for 11.3 per cent of Egypt’s economy and 19.3 per cent of its foreign currency revenues.
Arabtec said last March that it had reached agreement with Egypt’s army to build a million homes at 13 locations around the country.
The Fujairah port, which lies outside the Strait of Hormuz, a vital Gulf oil export route, has seen a boom in storage facility building since late 2009.
The carrier currently operates three flights a week between Abu Dhabi and the Iranian capital.
Gulf countries fear that Iran is using its atomic programme to develop nuclear weapons capability, something Tehran denies.
The Emirates was the top destination for Muslim tourists in the Middle East, which had five countries among the top 10 in the global list.
US carriers accuse Gulf airlines of receiving more than $40 billion in government subsidies since 2004.
Wealthy individuals in the three GCC nations especially spend on imported luxury goods and premium travel, finds new report.
The loan could be worth around $2 billion and enable the EU member to refinance debt.
The museum will produce futuristic inventions and support the UAE’s goals to be the most innovative country in the world.
The Jumeirah Village Circle villas project, launched in December 2013, sold for a combined value of Dhs275 million.
Emirates has said it would look at placing an order for up to 200 A380neo jets to replace its current fleet and drive further expansion.
The Saudi telecoms operator’s stock had been suspended for a week until Thursday.