March 5, 2014
Malaysia is aiming to increase medical tourism from the UAE between 15-20 percent in 2014.
UAE-based Bee'ah introduced the region's first solar-powered water surface cleaning boats in Sharjah.
Hotels in Dubai attracted over 11 million guests in 2013, representing a 10.6 per cent increase (or more than one million guests) over 2012.
The high dividends paid by Lebanese banks are among the reasons for the rising demand for stocks of local lenders.
The ministry will aim to “correct the image of the security situation in Egypt and encourage tourists to return
The developer, which gave away yachts and sports cars to buyers of its luxury properties during the downturn, said it booked sales worth $2.5 billion in 2013, compared with only $661 million the previous year.
March 4, 2014
Saudi Arabia’s National Commercial Bank (NCB) has appointed Sarah Al-Suhaimi as chief executive of its investment banking arm.
Egypt's foreign reserves have increased for the second consecutive month, with a net amount of $17.3 billion at the end of February reported by the Central Bank of Egypt this Tuesday.
In its list this year, Forbes features a total of 1,645 billionaires with an aggregate net worth of $6.4 trillion, up from $5.4 trillion a year ago.
Abu Dhabi's Department of Transportation has begun work on its nearly $9 billion adaptive traffic control central system.
All GCC economies with the exception of Bahrain are expected to see a rise in inflation this year, according to Moody's Investor Service this week.
Dubai’s Road and Transport Authority (RTA) will take up a number of top projects in 2014, including the Dh2 billion ($544 million) water canal project, which will link the Business Bay in Dubai with the Arabian Gulf.
Iranian Foreign Minister Mohammad Javad Zarif says a final settlement to the decade-old dispute over Iran's nuclear energy program would be possible within the next five months.
Gulf stock markets slid on Monday as a heightened threat of armed conflict between Ukraine and Russia triggered widespread selling, despite the benefit of higher oil prices to Gulf energy exporters.
The figure represented a 12 percent drop compared to the same month in 2012, when the deficit stood at LE26.7 billion ($3.8 billion).