The move follows the stringent financial and trading sanctions imposed by the US and EU on Iran.
Lebanon’s Azadea Group will bring the fashion label to the Middle East later this year.
Qatar’s sovereign wealth fund is expected to acquire the property in a “few weeks.”
The country is scrambling to find an alternative to its threatened primary supply from Iran, Oman’s oil minister has said.
South Africa, a large importer of Iranian oil, is assessing the impact of international sanctions.
More than one in two institutional investors see Africa as an attractive region to invest in over the next decade.
Jim Balsillie and Mike Lazaridis are replaced as Google and Apple take BlackBerry market share.
The social networking site will now let users know what their friends are doing on other sites.
Online shopping is surging in the Middle East as local buyers get comfortable using credit cards over the internet.
Gulf techies are way ahead of their global peers says IBM, as the MENA region pushes for fast growth.
The region is doubling its mineral production with the aim of creating jobs and digging up new profits.
Obama’s intrusive regulations are simply too much trouble.
The Secretary General holds the keys to the world’s oil supply as the global economy teeters in the balance.
The region’s deepest insecurities have once again been exposed by another crisis to emerge from the US and eurozone economies.
Amid the Dubai real estate meltdown, UAE contractor Drake & Scull International is chasing growth in Saudi Arabia and Asia.
As the region drowns in fake goods, fraudster gangs are endangering the local economy, creativity and safety.
The regional pharmaceutical and healthcare industry is set to boom with a new $125 billion investment injection.