Prices of the precious metal have witnessed a decline of more than 20 per cent so far this year.
Recent weak data from China and the United States has caused concern about oil demand.
Both companies are involved in LNG projects in Qatar and have shared interests in LNG terminals in the UK, Italy and the US.
Khaled Eldabag, a Dubai-based managing director, had clients including Abu Dhabi investment fund Mubadala.
The stake will be split between domestic, qualified and foreign institutional and individual investors.
The deal is the first joint investment by Qatar Petroleum International and Britain’s biggest energy supplier.
A 6.3-magnitude earthquake struck close to Iran’s only nuclear power station last week, causing fears of a radiation leak.
As the US dollar and equities strengthen the bond market is over-valued, says Matein Khalid, fund manager in a royal investment office.
Energy consumption in the Middle East has outpaced gross domestic product growth, according to the World Energy Council.
City of Chicago Mayor Rahm Emanuel said the service will generate more than $200 million in economic benefits annually
New exhibition in Dubai to feature luxury London properties that are not yet marketed even in the UK.
Emirates targets growing bilateral trade links and outbound Swedish leisure traffic
Abu Dhabi-based Etihad is mulling the acquisition of a 49 per cent stake in the indebted Serbian airline.
The former US President says the emirate’s model of “shared prosperity” is an inspiration for the Middle East.
The Dubai-based lender is accusing Netherlands-based ING of losing 40 per cent of a $108 million investment.
Gold had dropped $4.35 an ounce to $1,553.79 by 0037 GMT, after hitting its lowest since April 5 at $1,553.10.
The Abu Dhabi-based carrier is eyeing up a 24 per cent stake in the Indian airline, valued at around $330 million.
The shorter GITEX technology event in March indicated 2013 will be dominated by tablet computers, mobiles and accessories.
The GCC is home to some of the highest levels of lifestyle disease including diabetes and heart disease.
The gas-rich Gulf state has already provided Cairo with $5 billion in loans and grants since Egypt’s Islamist President Mohamed Mursi was elected last year.
Techno Group Investment Holdings bought a 75 per cent stake in Turkish firm Dogu Tip for an undisclosed sum.
The 6.3 magnitude quake totally destroyed one village, but the nearby Bushehr nuclear plant was undamaged.
The survey showed 67 per cent of Arab youth feel better off following the Arab Spring.
Social media users reported their ‘experiences’ of the earthquake tremors in a flurry of tweets.
An earthquake measuring a magnitude of 6.3 struck on Tuesday 60 miles south of the city of Bushehr in Iran.
New regional president is a 35-year Starwood veteran who most recently served as senior vice president and director of operations for Western Europe.
Representatives from over 30 nations will gather in Bahrain to practise minesweeping and escorting ships.
Baroness Thatcher became the first female prime minister for the United Kingdom in 1979.
Italian Civil Aviation Authority has authorised the services, an extension to one of Emirates’ existing triple daily flights, on an extra-bilateral basis.
Etihad passengers flying on Aer Lingus’ planes to New York and Chicago can now pre-clear US Customs and Border Protection in Dublin