Kellogg’s latest bid, for 89.86 Egyptian pounds ($12.57) per share, followed an offer earlier by Abraaj for 88.09 pounds.
Abu Dhabi airline’s first superjumbo and Dreamliner herald a fashionable new era
The Gulf’s largest companies by market capitalisation, revenues and countries, as researched by Markaz.
The regulator denied reports that the country was studying the feasibility of continuing the peg between the dirham and the US dollar.
Markets fell globally after a raft of weak indicators from Europe and China collided with concerns about the U.S. Federal Reserve’s plans to reduce monetary stimulus.
The bank had agreed to close some customers’ UAE accounts in an anti-money laundering settlement with US regulators announced on Tuesday
Forty-four per cent of UAE employers are definitely hiring in the coming three months.
The Doha carrier now connects four UAE gateways to its global network
South American nation Venezuela tops the list, followed closely by Saudi Arabia.
Two from the UAE and one from Bahrain feature on the list of the world’s largest smelters by capacity.
Prince Alwaleed tops the 2013 Gulf Business list of influential businesspeople.
The new tablet-laptop hybrid will be launched in the region next month along with the release of Windows 8.
As remittances grows, Gulf Business investigates whether huge currency volatilities present a challenge or an opportunity for investors.
Trade ties between the countries have risen over 395 per cent from 2002 to reach $15.6 billion last year.
The Indian carrier will also resume services to Kuwait and Bahrain from Kochi in its winter schedule.
Dubai International Centre will split into DIFCA and DIFC Property arms to boost its development.