Real estate investments in the GCC were much lower compared to the region’s massive outbound spend of $14 billion last year.
Iran proposed a ceasefire, humanitarian assistance, an intra-Yemeni dialogue, and a broad-based government to end the conflict.
SWFs cut their international investment last year because of the plunge of oil prices, a report by CBRE said.
Local militiamen in Aden said on Saturday they had captured two Iranian military officers advising Houthi rebels.
Saudi and its Arab allies began air strikes against Iranian-allied Houthi militia fighters in Yemen more than two weeks ago.
The sentences, pronounced at a televised court session on Saturday, can be appealed before Egypt’s highest civilian court.
The air raids were reportedly aimed at a site held by soldiers loyal to former Yemeni President Ali Abdullah Saleh.
UAE Minister Anwar Gargash has criticised Pakistan for not sending military assistance to the Saudi-led coalition fighting Yemen’s Houthi militants.
The statement was given by Saudi’s defence ministry.
While global investments are expected to fall by around 20 per cent in 2015 versus 2014, in Gulf countries the reduction is likely to be just 5 per cent.
The recent drop in oil prices will not negatively impact the GCC’s renewable energy projects, affirm experts.
Th Iranian flight carrying 260 pilgrims, had not got prior clearance, Saudi’s state news agency reported.
Saudi Arabia, backed by four GCC states and other allies, has waged two weeks of air strikes against the Iran-allied Houthis.
Saudi Arabia and a coalition have waged air strikes against the Iran-allied Houthis to try to drive them back from Aden.
A tentative deal between Iran and the six Western powers on curbing Tehran’s nuclear work was signed last week.
The move is part of a Dhs2 billion expansion announced last year.
Palestine is in the midst of an economic crisis triggered by a row with Israel over taxes.
GCC states had little grounds for hoping they could build normal ties with Tehran, said the UAE’s foreign minister.
Apollo is the world’s third-largest alternative asset manager after Blackstone Group and Carlyle Group.
Halving of oil prices from $115 a barrel in June on global oversupply is hurting OPEC’s less wealthy members outside the Gulf.
The Alborz destroyer and Bushehr support vessel sailed from Bandar Abbas on a mission to protect Iranian shipping from piracy, an official said.
Available now in 17 countries across the MENA region, Starz Play currently has a bank of 3,000 Hollywood movies and TV series.
Washington is also stepping up intelligence sharing with the coalition, which is conducting military airstrikes against Houthi fighters in Yemen.
They said the attackers took over the base near Manwakh, about 440 km (270 miles) northeast of the capital Sanaa.
Roy Haddad, WPP’s director of MENA, has been appointed as an interim chairman for the media and advertising group.
Kuwait, Saudi Arabia and the United Arab Emirates have provided billions of dollars of aid to Egypt in the past two years.
Saudi has asked Pakistan to join its military coalition that began conducting air strikes last month against Houthi forces in Yemen.
Saudi billionaire Prince Alwaleed tops the 2015 of the top 100 richest Arabs in the world as compiled by Forbes Middle East.
Obama also reiterated the U.S. commitment to address “Iran’s destabilising activities in the region.”
There has been increased speculation that Mohamed Alabbar may leave Emaar due to his other commitments in the real estate sector.