Sri Lanka returned a 40,000-tonnes diesel cargo shipment from ENOC on Thursday saying it was “not up to the required specifications”.
Al Jazeera America, with headquarters in New York, plans to launch in late-August this year.
Kuwait Investment Authority, which has around $342 billion assets under management, has increased investment in Britain to over $24 billion.
Are international anti-bribery and corruption laws relevant to MENA companies? Two experts debate the issue.
With many GCC consumers now owning two handsets, mobile advertising represents a golden untapped opportunity.
Corporate lenders in the GCC are falling behind their global counterparts in other areas however.
Regional carriers are expected to see passenger traffic rise by 6.2 per cent annually over the next 20 years, says Airbus.
ATSB report found oil leak led to a fire in the Trent 900 engine, which caused the break-up of a turbine disc and aircraft damage
The president blamed unspecified “enemies of Egypt” for sabotaging the democratic system.
The opening also marked the U.S.-brand’s 34th year in the UAE as figures show it occupies 69 per cent of the local market share.
Businesses are relying too much on apps and are not capitalising on the region’s high levels of internet and mobile penetration.
Saudi foreign minister Prince Saud al-Faisal criticised Iran, Russia and Hezbollah for backing and arming Syrian president Bashar al-Assad.
China State Construction Engineering Corporation will make its first-ever Middle East investment in the Viceroy Dubai Palm Jumeirah project.
The plane, operated by United Airlines, was flying from Houston to Denver in the U.S. when it was forced to turn around and land back at its origin.
The Doha-based airline will operate the Boeing 787 on services to the capital cities of Sweden, Denmark and Norway.
But work on its long-awaited Palm Jumeirah hotel in Dubai remains ongoing and it is unlikely to open until late 2015.
Qatar had earlier planned to invest 50 million euros into businesses in French suburbs.
France has been hoping to sign a contract to equip Qatar’s air force with Rafale fighter planes made by Dassault.
Gazan singer Mohammed Assaf endeared millions of viewers with his Palestinian patriotic anthems and folk songs.
Gulf Business looks at the most extravagant superyachts money can buy.
A study by Barclays Wealth shows a growing confidence of increasing fortunes compared to other global markets.
Senior Afghan officials had accused Washington on Wednesday of breaking assurances to Kabul.
DEG has a current portfolio of 160 million euros in the MENA region but has not been very active since 2011.
Gulf economies have ridden out the global financial crisis of the past five years more smoothly than many economists expected.
Middle East researchers have said the respiratory syndrome (MERS) is easily transmitted from the transfer of sick patients to other hospitals.
A team of U.S. negotiators arrived in Qatar earlier on Wednesday and held a meeting with Afghan diplomats in the Qatari capital.
This year’s holy month will be the ‘most mobile-enabled’ yet as Middle East penetration rate hits 109 per cent.
Dassault’s Rafale jets and the BAE Systems-backed Eurofighter have been locked in competition for the deal to replace at least 60 of the UAE’s Mirage fleet.