Timely investments in education would enable GCC countries to convert their population growth into a competitive advantage.
European demand for jet fuel totaled 1.2 million barrels per day last year, of which one third was imported, mostly from the Middle East.
When completed formally next month, the sale will be one of the largest UK property deals ever.
A meeting of military officers, diplomats and analysts took place during a security conference in Bahrain last weekend.
Passenger traffic growth in the Middle East region far exceeded the global average of 6.9 per cent in October.
The F-35 fighter is the Pentagon’s most expensive weapons program.
Qatari foreign minister Khaled al-Attiyah said the GCC deserved a place at the table as essential partners in regional stability.
South Africa’s first black president and anti-aparthied icon, Mandela, 95, passed away in his Johannesburg home.
The United Arab Emirates dropped out of the coal-fired power plant project earlier this year.
Currently only about 19 per cent of the regional workforce comprises of women.
Surprise announcement shows Qantas continues to wrestle with fuel costs and competition
Egypt promised to pay $1.5 billion of the $6 billion it says it owes foreign oil companies.
Iranian Foreign Minister Mohammad Javad Zarif visited the UAE as part of a regional tour to improve relations with the GCC.
A study found that there is a significant gap between the belief about ethics and industry practices among finance executives.
The current 30 million barrel-a-day target for the 12-nation group adequately matches demand, say officials.
Standard Chartered has reported 10 consecutive years of record income and profits.
Raytheon is looking to foreign orders to help offset a reduction in projected U.S. military spending over the next decade.
Use of solar energy for the Middle East’s growing power needs will create strong localisation potential.
Flight EK 215 crosses the Russian Federation, the North Pole and Eastern Canada before landing in Los Angeles.
Doha carrier doubles up to meet growth projections beyond slot-constrained Ataturk
The economic burden resulting from non-communicable diseases is expected to soar in the coming years.
The Gulf state is currently home to the US 5th Fleet.
The Dubai developer is now valued at $2.65 billion.
Businessman Victor Dahdaleh is on trial accused of paying some $67 million in bribes to former Alba managers.
Prior negotiations between the two telcos collapsed around the start of 2013, according to sources.
The competition will become even stronger if sanctions on Iran are lifted in coming months.
Up to 85 per cent of non-resident Indians in the UAE remit their salaries, revealed a survey by Friends Provident.
Western sanctions imposed in 2012 on Iran for its nuclear programme have cost the country its market share in OPEC.
Iran’s foreign minister said that the nuclear deal reached in Geneva on Nov. 24 should not be seen as a threat.
Saudi Arabia and Qatar are the main backers of the Syrian National Coalition and the Free Syrian Army.