September 23, 2014
The value of new infrastructure projects across the Gulf Cooperation Council (GCC) region is poised to hit $86 billion in 2014, up 77.8 per cent compared to last year, said a report.
Since the bank introduced this service on September 7, more than 8,000 customers have registered their ID cards with the bank to use them as ATM cards.
September 22, 2014
A leading Egypt-based investment group has signed a deal to acquire a five-star hotel in the Business Bay area facing Burj Khalifa in Dubai, UAE.
The 2022 World Cup will not be held in Qatar because of the scorching temperatures in the Middle East country, Fifa executive committee member Theo Zwanziger said on Monday.
In a countersuit filed in the Delaware Court of Chancery on Thursday, Al Jazeera is seeking to keep the money that Gore and his former partner Joel Hyatt had sought in a lawsuit filed in August.
One of Dubai’s top government officials said on Sunday that he expects state-owned conglomerate Dubai World to reach a deal on renegotiating its debt repayment schedule in the near future
September 21, 2014
The Middle East’s largest and most influential property show is also co-located with three dedicated and expert-led conferences.
“We got around 200 pieces on Friday afternoon and it was sold out within 20 minutes. Around 40 pre-booked customers flew in from Saudi Arabia, Qatar, Oman, Jordan and Kuwait to collect their devices,” he said.
Exploration companies have been hesitant to develop untapped gas finds in Egyptian waters partly because the amount the government pays them barely covers their investment costs.
The Al Sejeel petrochemical project, one of the world’s largest mixed-feed steam crackers, was scheduled for completion in 2018 as part of Qatar’s large-scale expansion of the petrochemicals sector.
The maker of luxury leatherware and Miu Miu-brand dresses said it was hit by sluggish consumer demand amid an uncertain economic outlook and unfavourable exchange rates.
September 19, 2014
Prince Abdulaziz Bin Salman Bin Abdulaziz, Assistant Minister of Petroleum and Mineral Resources for Petroleum Affairs, dismissed arguments that lower oil prices will cause the collapse of GCC economies.
While major events were once the domain of Europe and North America, Asia is now viewed as a 'safe pair of hands' when it comes to hosting the world's biggest sporting competitions.
September 18, 2014
Meanwhile, the California tech giant said a bug in its HealthKit health and fitness application platform prevented its release along with the launch of its iOS 8 operating system for iPhones and iPads.
It was only the second sukuk issue from a conventional bank outside a predominantly Muslim country; HSBC issued $500 million of sukuk in 2011.