Swiss biotech firm Roche has said that it will increase its regional workforce from 300 to 375 in 2014.
Most of these schemes have failed in the past and can only be successful when accompanied by wage reforms and skill match up by locals, says new study.
The company expects to complete construction of its ‘Mall of Egypt’ project near Cairo by the end of 2015.
Middle East CEOs are the most confident globally about short-term revenue growth in 2014.
The French car company sold over 55,000 units in the region with the UAE recording the biggest increase.
Egypt’s tourism sector has shrivelled since former president Hosni Mubarak was toppled by a popular uprising in 2011.
Interested customers in the GCC can commission the limited edition model between January and June 2014.
The project is an integrated entertainment, hospitality and leisure development and is expected to boost Jordan’s tourism industry.
The contribution of solar power towards the region’s energy mix is forecast to shift significantly in the coming years, says new report.
Total fees rose to $722 million in 2013, the highest since 2010.
A study has shown 71 per cent believe flexible working improves staff retention.
The Israeli delegation will be the first at government level to visit the UAE since the assassination of Mahmoud al-Mabhouh in Dubai.
OPEC sees fast growth in 2014 of 3.5 per cent, up from 2.9 per cent in 2013 as monetary stimulus continues.
With local energy demand surging, green power is rapidly gaining traction.
Land Rover sales in the region were up 49 per cent on the previous year while Jaguar saw a rise of 30 per cent.
Middle East energy use will grow by 77 per cent by 2035, double the increase in production.
IPOs in the MENA region recorded a 133 per cent increase in terms of volume and 114 per cent increase in terms of value compared to Q4 2012.
Its Q7 model was its best-selling vehicle with a year-on-year rise of 36.8 per cent.
An international donor conference in Kuwait is intended to help the UN reach a $6.5 billion aid target.
Job openings in the banking, financial services and insurance industry grew 42 per cent year-on-year in December, recording the highest growth among industries in 2013.
The German manufacturer sold almost 14,000 vehicles across the region last year.
Markets in the United Arab Emirates are closed on Sunday for a religious holiday.
The Gulf Trade Mission was led by the Irish prime minister Enda Kenny.
Torsten Müller-Ötvös, CEO, praises Middle East dealers and the region’s discerning customers.
The Egyptian bank’s shares rose almost 10 per cent after the announcement of the plan.
Hussein Hachem, CEO of Aramex, says Africa-Middle East trade corridors have expanded alongside the growth of Africa’s economy.
The year ahead looks to be a good one, writes Alicia Buller, editor of Gulf Business.
Newly hired finance professionals are expected to see the largest salary hike at five per cent.
V.Shankar also questioned the changes resulting from the U.S.’s emergence as a shale gas producer.
The company’s Foodmark branch plans to open 80 stores across the region over the next 10 years.