The investments include drilling nearly 40 new development wells, a similar number of workovers on existing wells, building new pipelines and debottlenecking an existing plant.
The international investment summit in Egypt is expected to see domestic and foreign investments worth up to $12 billion.
Hong Kong will come back stronger from the pro-democracy protests that spooked investors in 2014, experts say.
Syria’s civil war has no doubt left Assad weakened, but he is stronger than the groups fighting to topple him.
The Australian government said it is verifying whether 18-year-old Melbourne teenager Jake Bilardi has been killed.
Abdel-Malek al-Houthi accused Gulf states of providing arms and funds to Al Qaeda in Yemen, helping them to flourish in the country.
Qatar had previously said that it would provide $1 billion in reconstruction assistance for Gaza.
The king said that European governments must promote “mutual respect” and an “inclusive society”.
The site 5elafabook.com, which resembled Facebook but appeared unfinished, went live on Sunday then went offline again a day later.
Analysts say the Swedish government’s change of tack in foreign policy could jeopardise billions of dollars in sales, particularly for defence-related companies
Washington has been training and equipping the Iraqi army to fight back the ISIL militants.
Laurent Fabius said that he would chair the meeting which would discuss the problems of Christians and other minorities in the region.
Trading on the Cairo stock market is expected to begin on Wednesday, the company’s chief executive said.
The zero-fuel airplane is flying from the UAE capital to Oman in the first leg of its journey.
The OPEC secretary general also said that the oil market would return to balance in the second half of 2015.
Emirates, flydubai and Etihad Airways have suspended flights to Erbil as ISIL destroys ancient cities in Iraq’s north.
Prince Alwaleed has previously made investments in technology brands including Twitter and Chinese e-commerce firm JD.com.
There was no immediate claim of responsibility for the attacks.
The Gulf’s wealthy prefer to invest in the region with 83 per cent of the high net worth individuals wanting to keep their assets closer to home, a survey said.
A court last month released Mohamed Fahmy and Baher Mohamed on bail after over a year in detention.
Significant pay increases at C-level were among the factors driving overall salaries up over the last year, according to the Gulf Business 2015 Salary Survey.
Brent crude slid 1.2 per cent to $59.73 a barrel on Friday and posted its biggest weekly loss since January.
The majority of working women in the region (77 per cent) currently work for a male manager, finds new survey.
Iran is bidding against the UAE to host the 2019 Asian Cup and the ban on women is expected to damage their chances.
Islamist militants attacked the Al-Ghani field last week, killing 11 guards.
Dreyfus is sending about 280,000 barrels of ethanol from the Port of New York to Jebel Ali in the UAE.
Apple’s new Watch is expected to be launched at an event announced this week.
Tourism accounts for 11.3 per cent of Egypt’s economy and 19.3 per cent of its foreign currency revenues.
Sources in Nusra said that Qatar is encouraging the group to go ahead with the move, which would give it a boost in funding.
Deposits from governments, quasi-government bodies and national oil companies provide around 10 to 35 per cent of GCC banks’ non-equity funding.