Tourism accounts for 11.3 per cent of Egypt’s economy and 19.3 per cent of its foreign currency revenues.
Sources in Nusra said that Qatar is encouraging the group to go ahead with the move, which would give it a boost in funding.
Deposits from governments, quasi-government bodies and national oil companies provide around 10 to 35 per cent of GCC banks’ non-equity funding.
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 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 UAE and Saudi Arabia are thinking of beginning their partial operation of the network by 2018, said the country’s minister of public works
Mohd Faris Anuar and Muhamad Wanndy Muhammad Jedi, aged 20 and 25 respectively, were identified as the men involved in the beheading of a Syrian man.
On Monday, Obama said Iran must halt nuclear work for at least 10 years for a deal to be reached between Tehran and six major powers.
ISIL militants have made threats against Catholic targets in Rome that have been given much space in Italian media.
Abraaj will be the main investor in the healthcare group with $145 million, while three other investors will pitch in about $55 million.
The idea is to have more frequent top-level meetings with Saudi Arabia, Jordan and Egypt to ensure the region is more closely engaged at a time of change.
Iranian Foreign Minister Mohammad Javad Zarif insisted that an agreement couldn’t be reached as long as sanctions existed.
Abdullah al-Khalidi, Saudi Arabia’s consul in Aden, was seized in March 2012.
Investment Minister Ashraf Salman said the aid included oil shipments, cash grants and deposits in Egypt’s central bank.
Saudi Arabia’s market lacked clear direction and was nearly flat as oil edged down towards $62 per barrel.
King Salman broke official protocol to meet Sisi at the airport.
President Abdel Fattah al-Sisi directed his government to amend the article within one month.
Egypt has been without a parliament since June 2012.
The abductions reportedly took place when ISIL took 10 villages inhabited by the ancient Christian minority near Hasaka.
Abbas Yazdi, a businessman of Iranian descent who owns a general trading company in Dubai, disappeared in June 2013.
Iraqi soldiers and pro-government Shi’ite militias have been massing for days in preparation for an attack on ISIL strongholds along the Tigris River.
Ali Abdullah Saleh’s rule from 1978 to 2012 was marred by graft, UN appointed investigators have told the Security Council.
Teal expects a $4.5 billion UAVs (unmanned aerial vehicles) market in the Middle East over the period from 2014 to 2023.
No further details were immediately available on the identity of the woman or what she was doing in Yemen.
The anti-terrorism law gives authorities powers to ban groups on charges ranging from harming national unity to disrupting public order.
GCC economies should rethink their monetary policies and the long-term sustainability of their currency pegs to the U.S. dollar, he said.
The UAE currently comprises around 20 per cent of Airbus’ Middle East market, an official confirmed.
Dubai’s stock index fell 0.8 per cent as most stocks declined.
Carter’s meeting at a U.S. Army camp in Kuwait comes against the backdrop of a fierce debate inside the United States about the U.S. strategy.