With new leisure attractions coming up in the region, hoteliers must target the theme park hotels sector, says Colliers.
Strikes destroyed a machine gun firing position, a militant unit, damaged a staging location and several buildings.
Khaled Bahah’s appointment is expected to help ease a political crisis triggered by the Houthis’ capture of Sanaa last month.
The motion due for debate in Britain’s lower house of parliament will ask parliamentarians whether they believe the government should recognise the state of Palestine.
Among countries offering reconstruction aid for Gaza, Qatar offered $1 billion, Kuwait and UAE promised $200 million each and Turkey pledged $200 million.
The Japanese electronics company aims to grow its overall business in MEA to over $1 billion.
The plan, rejected by Israel, offered full recognition of the Jewish state but only if it gave up all land seized in the 1967 Middle East war and agreed to a “just solution” for Palestinian refugees.
The U.S.-led coalition escalated air strikes on Islamic State in and around Kobani, also known as Ayn al-Arab, last week.
Qatar has provided around $7.5 billion in loans and grants during ex-president Mohammed Mursi’s year in power.
Market watchers suggest the lack of regional IPO activity in recent years could soon be a distant memory.
The current strategy requires Western patience that grows thinner with each headline of gruesome Islamic State atrocities or videos depicting beheadings of American or British hostages.
The attack occurred just hours after a showdown between the Houthis and President Abd-Rabbu Mansour led to the resignation of PM Ahmed Awad bin Mubarak.
In 2015, growth in the region is expected to accelerate to 3.9 per cent – but that is 0.9 percentage point slower than the IMF’s July forecast.
The investment is expected to help Amak, a firm specialising in providing petroleum services, to fund its growth plans.
Robust GDP growth, quick adoption of 3D platform technologies and increasing awareness of IT threats is boosting regional IT spend.
International passenger traffic rose 6.7 per cent in August with all regions showing growth over the previous year.
Except for eight strikes against the Khorasan Group in Syria, all have been against Islamic State militants.
Yeganeh Salehi, Tehran correspondent for the UAE English language newspaper, The National, was freed last week and is said to be in good health.
British aid worker Alan Henning was part of an convoy taking medical supplies to a hospital in Syria in December last year when he was kidnapped.
Private Banking in the region is set to grow further this year, as nationals switch from protecting their wealth to growing it.
Mergermarket attributed the sharp decline in total values to the lack of inbound mergers and acquisitions.
The air cargo growth was aided by Middle East airlines’ growing links to developing markets and their diversification plans, IATA said.
GCC states would not “stand idly” in front of foreign intervention, the ministers said in a statement after the meeting late on Wednesday in the Saudi Arabian city of Jeddah.
Bourses in Saudi Arabia, Qatar, Kuwait and Oman will close for the whole week starting October 5.
Al Nowais Investments, an Abu Dhabi-based private firm is leading a consortium to build Egypt’s first coal-fired power plant in the Suez area.
Funds dedicated to sukuk are a rare breed, with only 20 currently marketed in the Gulf.
The Middle East and North Africa region is expected to see its digital universe grow by over 600 per cent by 2020, finds new study.
Gulf states have provided $30 billion in funding over the last decade to develop African infrastructure, a study says.
Intensifying the scale of operations against the militants could send costs soaring to between $13 billion and $22 billion annually, analysts say.
The city has 34 billionaires with a combined wealth of $79 billion, says new report by Wealth-X and UBS.