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.”
Hundreds of police and protesters have been injured since riots began on Friday.
DHL and Microsoft lead the list, finds the latest survey by Aon Hewitt.
The GCC has called Hezbollah’s involvement in Syria “sectarian intervention”.
The Abu Dhabi carrier will offer non-stop flights to Sao Paolo three times a week.
Development of sharia-compliant hedging tools is making it easier for issuers to invest in foreign currency assets, say experts.
The project will allow both countries to share power of up to 3,000 megawatts.
Qatar and the UAE feature on the list of the world’s richest nations as measured by GDP per capita.
We now know why but need to determine how, says Hannes Reinisch, senior manager for renewable energy and sustainability, PwC.
Triple digit oil has encouraged development of U.S. shale oil in North Dakota and Texas, some of which is the most costly in the world.
Lloyds also said on Wednesday that it would close its business in Dubai and intended to withdraw from South Africa.
The new four-year deal promotes the Dubai-based carrier to main shirt sponsor of the club from the 2013/14 season.
The MasterCard Cities Index report showed the UAE’s capital has a growth rate of 16.1 per cent in relation to visitor numbers.
Canadian Foreign Affairs Minister John Baird confirmed the news in Ottawa.
While 17 per cent of regional CEOs are more confident than their global counterparts, they are seven per cent less sure than last year.
The market for old Apple computers is heating up, with prices steadily increasing.
The dollar index was up 0.2 per cent, while European stocks gained 1.2 per cent.
Resumption of services after two years will benefit passengers with connections within the GCC, Indian Subcontinent, Far East and West Asia
The UK’s new residency criteria could have major consequences for some expats, says James Thomas, regional director at Acuma Independent Financial Advice.
Gold is still down nearly 17 per cent this year after last month’s rout pushed prices down to $1,321.35.