If stripped of the tournament, Qatar will suffer a big setback in the regional race for economic diversification, writes Reuters columnist Una Galani.
Investment advisors estimate that the world’s richest preserve up to 40 per cent of their wealth in cash deposits.
The Dubai carrier cancelled its entire order of 70 A350 XWB aircraft following a “fleet requirement review”.
Experts say that advertisers are yet to be convinced of users’ receptiveness to mobile ads.
Senior representatives of over 200 airlines attended the IATA meeting in Doha, making Qatar the first Gulf country to host the summit.
A large part of the investment to increase output will need to come from the Middle East as a rise in non-OPEC production such as U.S. shale oil starts to lose steam in the mid-2020s.
An Iranian trade source said the country was relying more on its domestic shipping fleet or using land routes.
Experts warn that lenders have to quickly move beyond conventional channels to survive in today’s digital age.
The Gulf states have pledged billions of dollars worth of aid to Egypt since former President Mohamed Mursi’s ouster last year.
Data on Wednesday showed factory output fell 3.9 per cent in April from a year earlier, the 13th monthly drop in a row.
Leaders of the parliamentary groups and EU heads of state and government meet separately in Brussels on Tuesday to consider the results of the election.
Narendra Modi was sworn in as India’s prime minister on Monday.
The US carrier will be dropping Doha from its triangular Washington-Doha-Dubai service from August 30.
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.
As global foreign direct investments grow, the UAE is hoping to grab a significant portion.
Issuance of sukuk globally hit an all-time high of $134.3 billion in 2012, but fell to $114.3 billion in 2013.
The two firms have gone head-to-head with their costly carbon-fibre experiments – the Boeing 787 Dreamliner and Airbus A350.
As a growing number of GCC firms eye public financing, Andrew Marshall, head of executive reward, Hay Group ME, explores the relationship between executive pay and company performance.
For some stocks, such as DP World, NBAD and Ooredoo, the expected inflows will be more than 10 times bigger than the average daily trading volume, predict experts.
Poor financial reporting and an absence of credit bureaus are hindering SME lending.
Experts say last week’s break-up was due in large part to a clash of cultures and egos.
Qatar spent roughly 6.5 per cent of GDP on capital injections and other measures to maintain stability in its banking sector following the 2008 global credit crunch.
A range of firms including French bank Societe Generale and credit and debit card company Visa have been affected by the unrest in Ukraine.
Two pioneering UAE firms are transforming household waste into energy, helping the country deal with a massive amount of waste generated.
Investment in the UAE is now flowing northward as a result of government policies and in response to rising costs in Dubai and Abu Dhabi.
This year will see around 2,500 exhibitors and 66 national pavilions as industry players look to tap into the region’s lucrative travel and tourism sector.
The Middle East’s oil exporting countries are turning to solar energy options to power themselves. But the region still faces some stumbling blocks when tapping the sun’s power.
Despite a recovery in yields across asset classes such as equities and real estate, the liquidity and volatility of the forex industry remains attractive to regional investors.
Liberal reformers, atheists and human rights advocates have all been targeted through a series of arrests and new laws in the Kingdom.