Turkey has been declared as the host for the conference on Halal Tourism- a sector that is currently worth $150 billion (Dh550.5 billion).
April 17, 2015 - 12:36 GMT
Conference to discuss and shape the agenda on Halal Tourism
Saudi Arabia announced last July that it would permit direct foreign purchases of shares in the first half of 2015 (image: on file).
April 16, 2015 - 19:35 GMT
Saudi Arabia will open its $532 billion stock market to direct foreign investment on June 15.
Four new gas-powered power plants will have
a total capacity of 900 megawatts (image: on file).
April 16, 2015 - 19:13 GMT
Egypt has signed preliminary deals with Kuwait's Alghanim International for two energy-related projects worth a total of $1.6 billion.
Oil prices jumped on Wednesday after US inventories built up more slowly than expected and talks between major oil producers this week triggered speculation of production cuts.
April 16, 2015 - 09:31 GMT
Brent crude oil hit 2015 highs above $63 per barrel on Thursday after a rally of more than 5 per cent the previous session and analysts said more price rises were likely despite market oversupply.
Currency, interest rates and deposits showing signs of stability, according to central bank Governor Riad Salameh (image: on file).
April 16, 2015 - 09:00 GMT
Lebanon’s economy is coping with fallout from the four-year war in neighbouring Syria, with the currency, interest rates and deposits showing signs of stability.
In 2013, the IMF’s projections for real GDP growth was 2.2% (image: on file).
April 16, 2015 - 08:45 GMT
Growth forecasts for Egypt’s real gross domestic product (GDP) were raised to 4% in 2015 and 4.4% in 2016, the International Monetary Fund (IMF) said in its World Economic Outlook report.
Gulf carriers have been proving the economic impact they have on Western markets after their European and American peers criticised them of receiving unfair government subsidies (image: one file).
April 16, 2015 - 05:55 GMT
UAE flag carrier Etihad Airways’ core operations in Europe contributed a total of $1 billion to the combined GDP of the European Union’s (EU) economy and supported up to 11,000 jobs.
This is higher than the Dh3.366 billion average forecast for net profit this year by eight analysts,
April 15, 2015 - 22:48 GMT
Emaar Properties expects a 2015 net profit of Dhs3.695 billion, higher than the Dhs3.366 billion average forecast.
Neither the DFSA or Deutsche would disclose whether any action had been taken against individuals (image: on file).
April 15, 2015 - 22:39 GMT
Deutsche Bank must pay the largest ever fine levied by the regulator of Dubai's financial free zone for what the watchdog described as "serious contraventions"
Inspired by the works of glassblowers and artisan metalsmiths, the Samsung Galaxy S6 Edge represents a seamless fusion of glass and metal (image: on file).
April 15, 2015 - 16:39 GMT
Smartphone fans in the UAE snapped up the latest Samsung mobile units in Dubai, clearing the shelves of one distributor within just a couple of days.
The wheat harvest lasts from April to June.
April 15, 2015 - 16:22 GMT
The world’s largest wheat importer needs around 9.5 million tonnes of wheat to produce subsidised bread, the main staple food for Egyptians.