The UAE and other Gulf states promised more than $12 billion in loans and donations to support the Egyptian economy after Mursi’s removal.
Global oil demand growth will be slightly higher than previously thought in 2014, at 1.32 million barrels per day (bpd), the IEA said.
Doha carrier identifies gap for focused premium product on highly competitive route
The virus, which causes coughing, fever and sometimes fatal pneumonia, has been reported in more than 500 patients in Saudi Arabia.
The terms of the transaction were not disclosed.
U.S. Defense Secretary Chuck Hagel addressed a meeting of GCC defence ministers in Jeddah.
There has been a marked increase in the number of direct air connections between the two regions in the last year.
The death toll has risen to 201 in the incident, which is considered to be Turkey’s worst mining disaster in decades.
Iranian Foreign Minister Mohammad Javad Zarif has visited most of Kuwait, Qatar, Oman and the UAE since the nuclear pact.
The Fund estimates that subsidies cost the region $237 billion annually.
The passenger was on Saudi Airlines Flight 113 from Jeddah to London.
Katara-owned Excelsior Hotel Gallia will be a part of Starwood’s Luxury Collection portfolio, making it the brand’s seventh hotel in Italy.
The Asian country has become an important gateway hub for the Dubai-based carrier.
Beck’s Belcanto will be another ‘casual fine dining’ concept, similar to Social by Heinz Beck at The Waldorf Astoria Dubai Palm Jumeirah.
The Southeast Asian country is boosting social media promotion and working on improving air connectivity to lure more visitors from the GCC.
Mauser was put up for sale earlier this year, having been bought by DIC from JP Morgan’s buyout unit in 2007, in a deal which valued the firm at 850 million euros.
Despite a closing of the gap between Western and Arab salaries in 2014, average wages have declined overall.
The Gulf Business 2014 Salary Survey found that salaries for Western expatriates in the GCC fell steeply last year.
The Gulf Business 2014 Salary Survey found that the average wage of an Asian expatriate in the GCC dropped by 4.27 per cent.
The Gulf Business 2014 Salary Survey found that there has been an influx of well-qualified Arab expats into the GCC in the last year.
The Financial Times said this was an acceleration of the SFO’s probe into allegedly corrupt arrangements with Qatar as part of the bank’s emergency cash call in 2008.
Russia’s military intervention on Ukraine’s Crimean peninsula and its aftermath in eastern Ukraine have rattled oil markets for the last few months.
The stores, located in Europe’s Benelux region, will be operated by Wadi Degla Holding.
Housing allowance currently stands at around 25 per cent of basic pay across most GCC countries.
The 372-room hotel at Ibn Battuta Mall is scheduled to open in 2016.
The deal, which was announced last July, foundered on issues ranging from its complex tax structure to the firms’ divergent cultures.
The disease, a form of coronavirus, has killed 121 people in Saudi Arabia since it was identified two years ago.
A range of firms including French bank Societe Generale and credit and debit card company Visa have been affected by the unrest in Ukraine.
The company has around 25 new hotels in the pipeline, which are to be launched over the next five years, a top executive said.
The GCC states warned citizens against visiting Lebanon last June because of the unrest in neighbouring Syria.