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The arrangement with Uber will provide easy financing for drivers with a “reasonable” interest rate which would be commensurate with the driver’s monthly income. (File photo)
February 28, 2017 - 05:13 GMT
Uber Egypt aims to remove the costly barriers to purchasing a new car by providing easy financing for its drivers.
Saudi Arabia’s Vision 2030 emphasizes the importance of nurturing female talent, and acknowledges women’s significant contribution to the development of Saudi society and economy. (File photo)
February 27, 2017 - 12:00 GMT
Attracting female talent, fostering an organizational culture that will retain them, and providing professional development tools to enable them to climb to top positions remain key challenges in Saudi Arabia.
In 2016, Alabbar went from UAE real estate heavyweight at the head of Emaar and Eagle Hills to a big name in food and e-commerce after several acquisitions.  (AFP/File)
February 27, 2017 - 11:00 GMT
In total, 37 of the most powerful 100 Arabs originate from the UAE.
The switch to more renewable forms of energy will also result in the reduction of up to one gigaton of carbon emissions by 2030, and the creation of countless jobs across the region. (Shutterstock)
February 27, 2017 - 10:00 GMT
Investment in renewable energy has the potential for the GCC to reap savings of up to $87 billion, a recent report by Orient Planet Research has found.
The integration aims to enhance the competitiveness, financial performance, and resilience of both companies. (Qatarmaster.com.qa)
February 27, 2017 - 09:00 GMT
The formation of Qapco will allow the realisation of synergies through creating a single entity that operates the assets on behalf of both companies’ shareholders.
Buyer demand for healthy and Halal products has turned Gulfood 2017 into a window to global food sector reinvention. (Shutterstock/Maksym Poriechkin)
February 27, 2017 - 08:00 GMT
Sheikh Hamdan bin Rashid Al Maktoum inaugurated the 22nd edition of the show that will run for five days and is expected to draw up to 90,000 food professionals from 150 countries.
Work is underway to create an agenda of governmental activities over a period of weeks. (File photo)
February 27, 2017 - 07:00 GMT
Jordan's efforts to address the budget deficit have started with reducing governmental expenses, followed by economic incentives such as more support for Aqaba Special Economic Zone.
Egypt last increased its entry visa fees in April 2014, from $15 to $25. (Shutterstock/Andriy Oleksienko)
February 27, 2017 - 06:00 GMT
Tourists to Egypt will have to pay $60 instead of $25 for single entry visas, in a move to raise revenues that have plummeted since a Russian plane was shot down over the Sinai peninsula in October 2015.
The main objective of setting up Nomu was as an additional source of funding for issuers to access capital, and increased diversification and deepening of the capital market. (File photo)
February 27, 2017 - 05:11 GMT
The Tadawul has launched Nomu, a parallel equity market with lighter listing requirements than the main market.
British Foreign Secretary Boris Johnson (L) meets with his Egyptian counterpart Sameh Shoukry on February 25, 2017, in the capital Cairo. (AFP/Stringer)
February 26, 2017 - 12:00 GMT
The issue of airline security came up in talks involving visiting British Foreign Minister Boris Johnson, Egypt's President Abdel Fattah al-Sisi and Foreign Minister Sameh Hassan Shoukry.
The CAA’s complaint data shows that the most complained about airline for non-payment of compensation for connecting flights was Emirates. (File photo)
February 26, 2017 - 11:00 GMT
The UK’s Civil Aviation Authority claims that American, Emirates, Etihad, Singapore and Turkish Airlines are liable under European rules to compensate thousands of their passengers for flight disruptions.
The last date for submitting the offers is March 31.  (Wikipedia)
February 26, 2017 - 10:00 GMT
Three partially disputed offshore blocks bordering Israel will be among the five initially up for bidding in Lebanon’s first oil and gas licensing round.
Aramco has asked JPMorgan Chase and Morgan Stanley to assist with its upcoming mammoth IPO and could call on another bank with access to Chinese investors. (File photo)
February 26, 2017 - 09:00 GMT
Ahead of its mammoth IPO, the Saudi oil giant is considering allowing local investors to buy shares for a lower price than offered to international investors.
OPEC Secretary-General Mohammad Barkindo said there was strong coordination around the agreement, comments that followed reports suggesting stronger action in the second half of the year. (File photo)
February 26, 2017 - 08:00 GMT
OPEC said a joint committee monitoring the terms of the agreement held its inaugural meeting in Vienna to verify compliance on the production cut agreement made in January.
The inability to impose a cohesive monetary policy is normal given that the country is currently being ripped apart by an armed coup led by Houthi militia. (File photo)
February 26, 2017 - 07:00 GMT
Yemen's national currency is selling at different prices in Sana’a than rates in Aden, in addition to flagrant fluctuations on the black market exchange.
Misr Italia Deputy Chairman Mohamed al-Assal said his company was no longer in contact with Saudi Arabia over the deal. (Shutterstock)
February 26, 2017 - 06:00 GMT
An agreement to build housing units in Saudi Arabia has been suspended by Egyptian investors over a "breakdown in communications" between the two countries.