The global financial crisis has made the cash-rich Gulf more attractive to overseas bond issuers as a source of investment funds.
Even as Egypt wrestles with dwindling water from its only major source, the Nile, it pushes farmers to grow more to supply the country’s costly subsidised food programme.
Gulf Business speaks to Ali Nehme, managing director-digital, Starcom Mediavest Group, Middle East and North Africa.
The American chain already has 34 outlets in Saudi Arabia, Kuwait, Qatar, Egypt, Jordan and the UAE.
The number of students in the GCC region is expected to grow at a 3% annually between 2013 and 2020 to reach 13.7 million, a new study says.
England’s national squads will fly with the UAE carrier and the airline will benefit from a range of commercial rights
The new service is estimated to add around $200 million annually to the US destination’s economy.
Political unrest in Egypt is not affecting work on the mall, confirms George Kostas, CEO of UAE-based retailer Majid Al Futtaim Properties.
Double-daily frequencies will be operated to Bangalore, Chennai, Kozhikode and Hyderabad.
The joint venture will invest in direct private equity opportunities in African firms with a focus on consumer driven sectors.
The operation targeted traffic involving malicious software known as Bladabindi and Jenxcus, which were written and distributed by developers in Kuwait and Algeria.
Increasing dependence of the GCC states on oil revenues poses a rising credit risk, a new survey by S&P says.
The tournament is set to break new records as the biggest social media event to date.
Niche skill sets and specific areas of expertise will shape the demand for a particular cadre of executive talent.
Abraaj bought a controlling stake in KES Power, the majority shareholder in K-Electric, in 2009.
Abu Dhabi Fund for Development will provide finance to construct a 6 MW solar power plant in the city of Freetown in Sierra Leone.
Boosted by billions of dollars in aid from Gulf Arab countries, Egypt’s 2013/14 budget deficit was set to shrink from some 14 per cent the year before.
The terminal, slated to arrive in September, is now expected in October or November, according to sources.
US President Barack Obama remains the most followed world leader on the social networking site, finds new study.
General Electric – the main alternative A330 engine supplier – is reportedly no longer in the running for the $2 billion “A330neo” revamp.
Italian designer Roberto Cavalli was hoping to receive a 450-million-euro ($612 million) offer from Investcorp by a June 30 deadline.
More than 700 people in Saudi Arabia have contracted the virus and 292 of them have died from it.
Arabtec debacle on the stock market reveals the crack among bourse regulations in the Gulf
Apart from being an attractive cruise destination, the Gulf is also rapidly becoming a source market for cruise tourism, experts say.
The tricky part for investors is to precisely time their exit from bonds.
The store is part of the company’s expansion drive in the American continent.
The luxury Italian brand’s plans include flagship stores and more than one regional hotel.
Qatar company teams up with IHG for first time and will invest in key European hotels to bring them back to their full glory
Egyptian state news agency MENA said Saudi would inject $124 million dollars into the Saudi Egyptian Construction Company (SECON).
Google’s free Android software runs on more than three out of every four smartphones sold globally.