The GCC luxury goods market has continued to grow fast, at a rate of five to eight per cent.
A new survey finds that a quarter of finance professionals said that lack of career progression was one of the main reasons for changing jobs.
Gulf Business checks out 10 of the biggest malls that are coming up across the Middle East and North Africa region over the next few years.
Baiji, one of three oil refineries in Iraq, was shut down amidst rising sectarian violence in the country.
A senior U.S. official said Obama had not yet decided on a course of action.
Mehleb, followed by his ministers, took the oath of office in front of President Abdel Fattah al-Sisi, the former army chief who re-appointed the premier in May.
Al Jazeera journalist Abdullah Al-Shamy was one of 13 people freed on health grounds on Monday.
The ship will support possible US action to help Iraq’s government combat a insurgency in the country.
The new government includes 10 new ministers and a new investment ministry separate from that of industry and trade.
In a statement, the Kingdom blamed the crisis on years of “sectarian and exclusionary” policies.
The delivery had been expected around the end of May, but was pushed back after the airline rejected the aircraft during a pre-delivery inspection.
Sovereign wealth funds in the region are expected to make the biggest investments, with Europe slated to receive the bulk of the amount.
Batelco, via wholly-owned subsidiary BMIC, had sued Chennai-based Siva and its chairman Chinnakannan Sivasankaran.
Dubai’s index drops 2.3 per cent while Abu Dhabi’s benchmark slides 1.4 per cent.
Shares in Dana Gas dropped 4.8 per cent on Sunday as part of a wider rout in Gulf stock exchanges that was partly due to the news from Iraq.
Azar has been with Barclays since September 2010, when he joined from private equity firm Kohlberg Kravis Roberts & Co.
Aramex CEO Hussein Hachem says he will be looking to bring Mail Call’s ‘WantItNow’ e-commerce delivery service to other markets.
A study by the International Finance Corporation (IFC) found a potential market gap of up to $13.2 billion for Islamic financing in the region.
The more densely arranged cabins will be available early next year.
A US district judge said that customers may pursue claims that the networking site violated their right of publicity.
The Qatari ambassador allegedly denounced a Libyan Supreme Court ruling on his twitter account.
Abu Dhabi-based Etihad is prepared to invest up to $1.70 billion over the next four years.
Second citizenship offers greater stability and security, tax efficiency and ease of travel, among other benefits, say experts.
After being hit hard by the Arab Spring and the Syrian civil war, the Middle East’s troubled tourism markets are fighting back even as political hurdles remain.
Job opportunities in the hospitality sector have increased due to the growing number of hotel projects in the region.
The move could further inflame concerns about how the social networking site treats personal privacy.
Etihad is looking to invest up to $1.7 billion in Alitalia over the next four years.
Sanaa’s two million residents have been forced to light their homes with candles or private generators, fuel for which is increasingly expensive.
The Dubai carrier cancelled its entire order of 70 A350 XWB aircraft following a “fleet requirement review”.
By 2019, 50 per cent of handset subscriptions in the Middle East and Africa will be for smartphones.