However, majority of regional firms struggling to attract and retain skilled talent, finds Towers Watson study.
Portugal’s largest listed lender, Banco Espirito Santo, was rescued by the state in August.
Jumeirah in the emirate came bottom on a list ranked by the cost of a basket of travel essentials.
In March, Arabtec said it would build one million homes in Egypt in a $40 billion project backed by the Egyptian and UAE governments.
Khoury founded the Consolidated Contractors Company (CCC), one of the region’s biggest construction firms.
A spokesman said the cut in production would not result in job losses.
The larger tablet includes new features such as an anti-reflective screen and the “Touch ID” sensor.
Brent crude oil sank to a four-year low below $83 a barrel last week because of ample supply and the prospect of a weak global economy.
Political stability has returned to Egypt under President Abdel Fattah Al-Sisi but it yet to be seen if the former Army man be able to command its faltering economy back to life.
Middle Eastern investors are causing a marked shift in London’s prime property market.
Prices above $100 are unsustainable because they lead to too much new supply and too much demand destruction, writes Reuters columnist John Kemp.
Globally, passenger numbers are expected to reach 7.3 billion by 2034, representing a 4.1 per cent average annual growth.
Global benchmark Brent has lost more than 28 per cent since June on slow demand and abundant supply.
The joint naval force will work towards protecting the Gulf’s commercial routes while cooperating with other international security forces to combat terrorism.
Dubai’s index fell 2.7 per cent to 4,370 points as a broad sell-off continued.
Trio of properties in Nanjing, Wuhan and Hainan take group’s Chinese portfolio to eight hotels
Oil saw its biggest daily fall in more than three years on Tuesday.
Under the transaction, GEMS will be split into two entities, with the investing group buying a stake in the part of the business focussed on MENA and Asia.
The Note 4, priced at Dhs2,799, will be available from October 16, while the Note Edge will be launched later as a limited edition product.
Indian low-cost carrier makes second commitment to A320 neo programme
Etihad has agreed to relinquish a role in the appointment of top executives at Darwin.
Saudi Arabia, Bahrain and the UAE recalled their ambassadors to Qatar in March, accusing Doha of failing to abide by an accord not to interfere in each other’s internal affairs.
The airlines, both battling to return to profitability, said the codeshare deal would cover 412 flights between Italy, Germany, Austria and Switzerland.
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.