Carriers in the region face a huge supply-gap of pilots and technicians unless they recruit drastically.
Foreign direct investments into the Middle East dropped 16 per cent to $49 billion in 2011, says UN report.
The Saudi-based property developer said that Sukuk account holders will receive the funds on Monday.
The loans, extended by the Saudi Fund for Development, are repayable over 20 years at two per cent interest.
Aarti Nagraj catches up with the Kana’an sisters, who describe the tough but fulfilling life of being an entrepreneur in Dubai.
Managers in the Gulf are earning seven times as much as their employees as demand for mid-level talent continues.
Farnborough Air Show: British defence company plans new $10 billion UAE jet deal with Eurofighters.
New Forms of Philanthropy Offer Beneficiaries a “Hand up,” not just a “Handout”, says Justin Sykes.
Regional firms must work out exactly who they are before hitting the world stage, says CEO of Booz & Co.
Gross domestic product figures carry momentum from 2011 despite the potential woes of a global recovery.
Government reminds retailers and suppliers not to raise food prices ahead of Ramadan and iftars.
Egypt’s new President will make his first official visit to the Kingdom this week to meet King Abdullah.
Saudi Arabia’s dairy producer and property developer both reveal an increase in net profit for the second quarter.
PwC’s annual survey shows Middle Eastern businesses have continued confidence in the region.
Analysts expect Kuwait’s ruler to dissolve the parliament in order to allow fresh elections later this year.
The global technology firm plans to increase regional hiring and open more offices in a major expansion drive.
The Dubai airport retailer will use funds from the international credit facility to finance on-going expansion.
The $500 million Sukuk, EIB’s second issue this year, is priced at par and is due to mature in January 2018.
The Gulf States account for 14 per cent of the total deposits in the island, according to official data.
The international hotel operator plans to open one hotel in Cairo and a resort in Alexandria.
Total deposits in the country decreased by 1.2 per cent during the month to close at Dhs1.1 trillion.
Qatar Holding is planning to open Harrods branded hotels in Malaysia, Paris and New York.
The country has called for a closer relationship with Egypt as it begins a new era under President Mursi.
Qatar Airways is keen to launch an airline in the Kingdom, but is worried about excessive fuel charges.
The Dubai-based port operator sold its 60 per cent stake to Australian firm Flinders.
Eissa Al Suwaidi has been appointed as the new head of the UAE telecoms company, replacing Mohammad Omran.
The long-awaited mortgage law is expected to help solve the Kingdom’s critical housing problem, say experts.
Al Nabooda, the distributor of Porsche, Audi and Volkswagen in Dubai, plans major investment push.
The Gulf state is reportedly setting up two companies through an official decree to issue the Islamic bonds.
Most employees in the MENA region miss work because of low satisfaction and lack of responsibility, says survey.