January 27, 2014
Naguib Sawaris, the Egyptian billionaire icon, still wants to buy a stake in Telecom Italia, as long as Telefonica, the company's biggest stakeholder is out of the picture.
The Jan. 22 power outage shut down all three of Kuwait's refineries.
The airline was additionally honored as the “Best Business Class in the Middle East” and named “Best Airline in the World for International Travel” for the fifth consecutive year.
January 26, 2014
The initiative seeks to plant 1 million saplings over the next four years to increase the country’s green cover, a statement from the university said.
Saudi Arabia holds 15th position among the world’s leading economies in creditworthiness, said a survey conducted by S&P Capital IQ.
Dubai’s new tramway will boost buyer demand in residential areas such as Dubai Marina owing to its proximity to the network,
UAE will build its first 40MW solar power development in Ras Al Khaimah.
Tourism in Lebanon has dropped 40 percent since 2010, according to figures released by the Tourism Ministry Friday.
Jordan's new Queen Alia airport welcomed a record number of visitors in December 2013, representing an 8.4 percent growth from the year prior.
The traded value of property grew by 21.5 per cent to OMR1,945.7 million for the first eleven months ending November 2013.
The lira's steep decline comes amidst a similar free fall in other emerging market currencies against the greenback.
"This was in spite of the challenging environment in the region with the solid growth in operating income reflecting prudent and conservative policies the bank preserved and the strategy it pursued," Al-Masri said.
January 24, 2014
A strategic partnership between the Government Summit in the United Arab Emirates and the World Economic Forum (WEF) was announced on Thursday following a meeting in Davos
Dubai’s stock market, the world’s second best performing bourse in 2013, surged to a new five-year high to 3,819 points on Thursday.
Toyota sold a record 9.98 million vehicles last year, it pointed out Thursday, outpacing rivals General Motors (GM) and Volkswagen to maintain its title of world’s biggest automaker.