A rendering shows the future Omantel headquarters in Muscat, which profits from the $130 million sukuk would help fund when issued. (HDR Inc.)
February 14, 2016 - 08:00 GMT
Although the sukuk showed a good profit rate last month, Omantel will not issue it now due to global economic conditions.
Although consumer confidence declined overall for the Middle East region, it rose one percentage point for the UAE. (File photo)
February 14, 2016 - 07:00 GMT
Although consumer confidence has fallen regionally, investments in critical sectors gave a boost to the UAE.
Indian Prime Minister Narendra Modi (R) shares a light moment with Abu Dhabi's Crown Prince Sheikh Mohammed bin Zayed al-Nahyan at Hyderabad House in New Delhi on February 11, 2016. (AFP/Money Sharma)
February 14, 2016 - 06:00 GMT
Agreements across several sectors were signed during a visit to India by a UAE delegation including Shaikh Mohammad bin Zayed al-Nahyan.
Saudi women graduates are looking increasingly to online work which can be done from home, eliminating the problem of working in a mixed environment. (File photo)
February 14, 2016 - 05:00 GMT
More women are looking to private companies for online work which can be done at home.
A study that surveyed 22,000 publicly traded companies around the world has found that having women in executive positions can boost a company's profits. (Shutterstock)
February 11, 2016 - 13:00 GMT
One in three companies globally still have no women in executive roles.
The cattle were returned after calls were made to the Army and UNIFIL. (Shutterstock)
February 11, 2016 - 12:24 GMT
An Israeli patrol made off with 100 heads of cattle in the second such incident in six months.
In December, the ministry's recorded 189 drug in short supply but had available substitutes and 43 drugs in short supply with no substitute. (Twitter)
February 11, 2016 - 11:45 GMT
The combination of a long-running pricing issue and a weak currency have led to widespread drug shortages in Egypt.
Civil Defense volunteers celebrating the decrees to make them full-time employees. (Image courtesy of The Daily Star)
February 11, 2016 - 10:56 GMT
Lebanon's Cabinet manages to defuse the issue over civil defense volunteers, but skirted a proposal to add a new fuel tax.
The government has sought to reassure Jordanians that Syrians would not be prioritized in the competition for jobs. (AFP/File)
February 11, 2016 - 10:24 GMT
Jordan's lawmakers reassure the public that the new initiative to integrate refugees into the workforce would only concern jobs that are usually shunned by Jordanians.
The TRI/O Tech venture is backed by the MIT Enterprise Forum and Tsofen, an Arab-Jewish organization promoting the integration of Arab Israelis in the high-tech industry.
February 11, 2016 - 08:30 GMT
The US-funded school in Kafr Qasim will be supported with MIT and initally take 20 students, with plans to expand to Beersheva and Jerusalem.
Egypt's PM hopes that the debt will “at least [be reduced] to a very reasonable” level by the end of year. (Shutterstock)
February 11, 2016 - 07:30 GMT
Delayed payments to gas and oil companies stem from 2011, but half of the $6.3B has already been repaid in the last two years.
Bahrain's Health Ministry hopes that the higher pirces will provide a financial incentive to quite smoking and alcohol. (File photo)
February 11, 2016 - 06:45 GMT
Import taxes on tobacco in Bahrain has jumped from 100 to 200 percent, while imported alcohol duty is now 225 percent from 125 percent.
In December 2015, 72 contracts were awarded for projects for the Expo 2020 in Dubai. (Twitter)
February 11, 2016 - 05:28 GMT
With the decline of oil prices is forcing GCC countries to look for alternative options to meet the costs of ongoing infrastructure projects, enter PPPs.
The SCTNH is attracted to Morocco's long-term experience in working with rural populations while boosting tourism. (Trip Advisor)
February 10, 2016 - 14:00 GMT
As Saudi Arabia looks for ways to boost tourism, it is turning to Morocco for their expertise.
A fall in Russian visitors to the UAE has dented the airline's profits. (File photo)
February 10, 2016 - 13:30 GMT
Despite increased passenger numbers, profits from Dubai's second largest airline dropped from Dh240M to Dh100.7M due to 'challenging business conditions'.
The exclusive multi-year output deal with Gulf Film will bring films such as Dirty Grandpa, starring Zak Efron and Robert DeNiro, to OSN screens. (Scoopnest)
February 10, 2016 - 13:07 GMT
Movie-lovers can now have the best of both worlds as OSN and Gulf Film have signed a six-year exclusive partnership through 2021 for premium film content.