July 28, 2016 - 05:00 GMT
According to a report from news agency Bloomberg on Tuesday, Aramex founder and vice-chairman, Fadi Ghandour sold his 9.9 per cent stake in the company to Gulf investors including Alabbar.
July 27, 2016 - 16:00 GMT
The source said a total of 15,745 establishments have successfully implemented the Saudization plan.
July 27, 2016 - 15:00 GMT
Oman's National Programme for Enhancing Economic Diversification has received Royal approval and stems from His Majesty Sultan Qaboos bin Said's interest in addressing the issue and his directives to diversify the economy.
July 27, 2016 - 12:00 GMT
Member from Morocco's Chamber of Commerce met with counterparts in Tunisia to discuss trade and ties.
July 27, 2016 - 11:00 GMT
US airlines asked the US government to freeze access to Gulf airlines over what it sees as unfair government subsidies from their home countries.
July 27, 2016 - 10:00 GMT
DP World blames ‘reduction in lower-margin cargo’ for declining cargo numbers in Dubai ports.
July 27, 2016 - 08:00 GMT
A total of $700 million will be deposited at the CBJ over the years of the programme.
July 27, 2016 - 07:30 GMT
UAE is fighting the economic downfall of decreasing oil prices by focusing on tourism, trade, and finance.
July 27, 2016 - 07:00 GMT
The Middle East's hotel sector saw a widespread decline in occupancy and slight increase in room price over the past quarter.
July 27, 2016 - 06:00 GMT
The Kempinski Hotel Mall of the Emirates debuted family-sized ski-chalet themed rooms with views of Ski Dubai.
July 27, 2016 - 05:00 GMT
Egypt's high inflation rate is only expected to climb in upcoming months.
July 26, 2016 - 12:00 GMT
Many of those firms cited political instability, corruption, unreliable electricity supply and inadequate access to finance as factors that were holding them back.
July 26, 2016 - 11:00 GMT
The central bank put up its key rates by 100 basis points to their highest level in years at its last MPC meeting on June 16, a move economists said was meant to rein in surging inflation and ease downward pressure on the Egyptian pound.
July 26, 2016 - 10:00 GMT
The trip took over a year to finish, breaking nine world records in the process.
July 26, 2016 - 09:00 GMT
Netanyahu said his government has defeated the international boycott movement by attacking it on 'many fronts'.