The UAE has welcomed Sisi’s rise and the army’s crackdown on the Muslim Brotherhood.
Nabeel Rajab, founder of the Bahrain Centre for Human Rights, was found guilty of organising and participating in illegal protests.
The amount will be allocated via joint investments with state-backed private equity fund the Russian Direct Investment Fund.
National Bank of Abu Dhabi, First Gulf Bank, Emirates NBD and Abu Dhabi Commercial Bank have issued kangaroo bonds this year.
Regional telecom operators are grappling with new business models and growing competition. Enterprise provider SAP says it can help.
Companies need to learn from brand failures to avoid mistakes, according to brand research firm Millward Brown.
Abu Dhabi-based carrier responds to claims made in Australian paper.
The emirate saw a 4.5 per cent rise in prices during the first quarter of 2014.
The comments were made at the 24th meeting of the GCC Ministerial Committee for Planning and Development in Kuwait.
Sony plans to turn its struggling TV business into a separate entity – Sony Visual Products Inc – within a few months.
The 10,000 sq ft drift go-karting circuit will be operated by Italian engineering company Augusta Re Consulting.
Ooredoo will use the new facility to repay a $750 million loan due in May 2015.
It was priced between $250 and $255 a tonne, traders said.
The loan for the state carrier required no repayments until 2027, reported the Australian Financial Review.
The lack of progress in talks that ended last week in Vienna had raised doubts over a breakthrough by the July 20 deadline.
The developer attracted a final order book of more than $1 billion for its five year sukuk.
New resort will open in 2018 and complements its two properties in the Maldives
The six youngsters were detained for what police called their “obscene” behaviour, one of them said in an online posting.
Qatar dropped to 19th while the UAE maintained its 8th place in the IMD ranking.
New report finds banks and property developers in the UAE are more conservative and better prepared this time round.
The Gulf state has suffered low-level civil unrest since mass protests in 2011.
Mubarak has been under house arrest at a military hospital since August.
Doha Bank’s asset expansion was more than 20 per cent last year and will continue to grow, its CEO said.
The two firms have gone head-to-head with their costly carbon-fibre experiments – the Boeing 787 Dreamliner and Airbus A350.
An Indian lender will be granted a UAE licence in return, according to reports.
Residential space accounted for 70 per cent of the total area of approved projects.
The franchise agreement includes plans to setup 15 restaurants in the UAE over the next four years.
The measure is now up 43.9 per cent this year and has tripled since the start of 2013.
The seventh installment of the popular movie series is due to premiere in December 2015.
The restructuring will allow the real estate developer to reduce its short-term loans by 39 per cent.