The country’s first nuclear plant receives approval from the UAE’s environmental regulator.
Foreign direct investments into the Middle East dropped 16 per cent to $49 billion in 2011, says UN report.
Carriers in the region face a huge supply-gap of pilots and technicians unless they recruit drastically.
The bank has withdrawn from the interbank panel following the Libor scandal in the United Kingdom.
Oman’s largest lender has offered new shares to existing holders at a discounted price to raise over $250 million.
The Saudi-based property developer said that Sukuk account holders will receive the funds on Monday.
The Gulf-state priced five and 10-year tranches at $2 billion each, attracting an order book of over $24 billion.
The bank dropped almost 35 million riyals in the second quarter in comparison to the same period last year.
The Dubai-based developer has selected seven regional and international banks for investor meetings in London.
Farnborough Air Show: Airplane leasing company orders 20 of Boeing’s single-aisle 737 MAX 8s for the Gulf.
The Dubai Islamic Bank-owned mortgage lender posted its second straight quarterly profit fall.
Farnborough Air Show: Two Premiership football teams have asked for sponsorship from the Doha carrier.
Farnborough Air Show update: The Doha-based carrier unveils new 787; Boeing and Airbus battle.
Five-star luxury resorts, marinas and a sports academy are planned for Ras Al Hadd following agreement.
Abu Dhabi’s National Petroleum Construction Co and French Technip to build offshore oil facilities.
Booming revenues from liquefied natural gas will assist the country’s infrastructure revamp.
RBS, Commerzbank and Standard Bank are all threatening legal action against the Dubai Group.
Abraaj Capital founder and group CEO, Arif Naqvi, tells Alicia Buller about his hopes for the private equity sector.
SWF Mumtalakat, which has shares in the airline, made a net loss of $717.68 million last year.
Latest report from Asteco shows villa rates up four per cent as demand outstrips supply.
Government reminds retailers and suppliers not to raise food prices ahead of Ramadan and iftars.
Saudi Arabia’s dairy producer and property developer both reveal an increase in net profit for the second quarter.
The global technology firm plans to increase regional hiring and open more offices in a major expansion drive.
Lending to the shipping industry is facing stormy waters amid a difficult global backdrop.
The Dubai airport retailer will use funds from the international credit facility to finance on-going expansion.
Analysts are not revising share price forecasts following a surge in banking shares after mortgage law approval.
Slowing deposit growth means Qatari banks need other sources to avoid funding issues.
The $500 million Sukuk, EIB’s second issue this year, is priced at par and is due to mature in January 2018.
The Gulf States account for 14 per cent of the total deposits in the island, according to official data.
First half revenues for Abu Dhabi’s airline are up 30 per cent as passenger numbers soar to almost five million.
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