Improved stability and a rising consumer class are shaping the country’s revived fortunes, says group executive director and CEO of Standard Chartered, EMEA.
Prime Minister Tayyip Erdogan has whittled away the army’s power and even holds up his executed predecessor as a political model.
The mandatory practice is unfamiliar to many local businesses but must be complied with in order to tap the growing markets.
The new duty comes after the European Union removed the Gulf states from its generalised scheme of preferences.
The two were detained since they reported on the protests that have been taking place in Turkey for almost two weeks.
The 330 square metre facility will highlight operations and achievements of commercial air travel.
OPEC’s own production rose by 106,000 bpd in May to 30.57 million bpd led by higher output in Saudi Arabia.
Saudi Arabia and Oman have so far signed up to buy Typhoon jets and the plane is also vying for a UAE deal.
The new operating system comes with a host of new features such as Control Center, AirDrop and an improved Siri.
Demonstrations began two weeks ago and so far three people have been killed and about 5,000 hurt.
The company, which operates brands such as Sharaf DG and Forever 21, is rapidly expanding across the region.
Members of the Lebanese militant group Hezbollah intervened in Syria’s civil war in support of President Bashar al-Assad.
Two refiners in India have asked for additional cargoes to make up for a loss of supplies from Iran, say sources.
About 69 per cent of Middle Eastern institutional investors polled by Natixis expected to increase allocations to alternatives.
Both Washington and Amman said on Sunday the Eager Lion exercises were not related to the war in Syria.
Airbus’ new A350 plane was unveiled to the world’s media in Toulouse, France, after months of secrecy.
The contract to build Saraya Aqaba was awarded to a consortium of Arabtec, Drake and Scull and Consolidated Contractors Co.
Prince Alwaleed has attacked the U.S. magazine’s ranking of world billionaires as flawed and biased against Middle Eastern businesses.
Mondelez International’s president for EEMEA said the maker of Oreo cookies has spent at least ten years on research.
Is continuing instability and stalled LNG production in the Middle East causing the region to lose its competitive advantage?
Spot gold fell 0.3 per cent to $1,399.16, as a gold import duty hike in India raised worries about future demand.
Prices are being supported by worries that the political situation will worsen in the Middle East.
Sectarian violence fuelled by Syria’s civil war has broken out in the northern Lebanese city of Tripoli.
The deal marks Qatar’s first major investment in a listed Indian company.
L&T will build a plant with a processing capacity of 75 million standard cubic feet per day.
Spot gold rose 0.5 per cent to $1,406.26 an ounce, after falling 0.9 per cent on Tuesday due to new import rules imposed by India.
Emaar MGF Land has been accused of using overseas funds to buy agricultural land, which is not allowed.
Regional carriers are benefitting from increased passenger demand and high connectivity.
The telecoms operator will offer 55.9 million shares at one dinar each.
The German airline’s CEO Christoph Franz said that Lufthansa may enter a partnership, but there was “no rush.”