A quarter of organisations in the region have no women leaders in their 100 most senior roles, a survey by Mercer found.
At least one gunman has taken several people hostage at a central Sydney cafe.
Dubai’s gauge wiped out this year’s advances as oil prices plummeted to the lowest level since July 2009.
The latest addition will see Al Ghurair’s retail presence in the region increase to 90 shops from the 60 it currently operates in the UAE, Kuwait and Qatar.
Hazim Sharif steered clear of specific political references in interviews after his victory, which was broadcast to millions of viewers across the Middle East.
UAE minister of energy ruled out a cut in OPEC’s production or an emergency meeting soon to stabilise the falling oil prices.
OPEC Secretary-General said that Gulf countries should continue to invest in oil exploration despite the decline in oil prices.
PostNet provides courier, printing and copying services, plus stationery and mailboxes, and has 287 stores in South Africa.
The handover of Airbus’ first mainly carbon-composite jet was originally scheduled for December 13.
The low-cost carrier is launching new routes to Zagreb, Sarajevo and Sofia.
Under the grant, Jeddah-based IDB will setup treatment centres in Sierra Leone, Guinea and Liberia and Mali.
Songbird Estates is the owner of London’s Canary Wharf financial district.
It is particularly looking to expand into North Asia and mainland China and also wants to increase its presence in India.
The IEA slashed its outlook for global oil demand growth for 2015 by 230,000 barrels per day to 900,000 bpd.
The burden of supporting Syria’s displaced citizens has dampened business and investor confidence in Lebanon.
Although opportunities are abound, many entrepreneurs underestimate the challenges of starting up online.
Widely seen as a failed state, Yemen remains one of the gravest threats to stability in the Gulf and beyond.
As oil plunges, the region is dividing into three classe in investors’ eyes with Kuwait and Qatar emerging as the strongest.
The five-star hotel is currently owned 50 per cent by Saudi billionaire Prince Alwaleed Bin Talal’s Kingdom Holding.
OPEC forecast demand for the group’s oil will drop to 28.92 million barrels per day (bpd) in 2015, down 280,000 bpd from its previous expectation.
The new Airbus A350 was scheduled for delivery on Saturday, December 13.
Differences still exist between the six GCC states over issues relating to Egypt, Libya and Iran.
The price of the North Sea oil benchmark has fallen more than 40 per cent since June.
The industry’s net profit is expected to rise to $25 billion in 2015, from an estimated $19.9 billion in 2014.
The police force, which will be known as GCC-POL, and the naval force will help the Gulf states to counter risks posed by terrorist militant groups in the region.
The program allows investors to purchase government-approved real estate (min $400,000) in return for citizenship.
Initially launching as a twice-weekly service, a third service will be introduced in January.
The Algerian minister reiterated that oil prices were down because of low consumption and high supplies especially from non-OPEC petroleum-producing nations.
Sheikh Sabah said that one of the ways to encounter the oil price slide was greater economic integration within the GCC.
Prices have fallen over 40 per cent since June and brent crude hit $65.33 a barrel on Tuesday, its lowest since September 2009.