The Dubai index is developing a negative 14-week momentum divergence.
Investcorp recently bought a 25 per cent stake in Saudi Arabia’s sports and fitness business Leejam Sports Co.
Shareholders agreed to a motion at a board meeting on January 5 that the business would not be dissolved.
A EU-GCC Free Trade Agreement is highly beneficial but remains elusive, writes GCC-EU analyst Johann Weick.
Qatar’s hospitality sector is expected to boost job creation as the country continues investing heavily to promote tourism.
The U.S. Secretary of State spent two hours and 40 minutes with King Abdullah. Earlier in the day he met with the King of Jordan.
The phone will reportedly debut at the Mobile World Congress in Barcelona this February.
The flight, arriving from Mashhad in Iran before dawn, was carrying 315 passengers and suffered a technical malfunction.
The country’s foreign affairs ministry also urged UAE citizens against all travel to Lebanon because of security concerns.
Is it unthinkable that GCC nations could consider a path to citizenship for foreign nationals?
Projects in developed countries tend to be more expensive, but present fewer political problems and less risk.
In a bid to boost their business passenger base, carriers are investing heavily in luxury amenities, while others have even mulled dropping first class all together.
The region’s rail projects are key indicators of economic diversification, writes Jonathan Robinson managing director, head of project finance MENA at HSBC.
The group also posted the contact information of Steve Ballmer, Microsoft Corp’s retiring chief executive, on its Twitter account.
Construction of the project is expected to be completed within two years after awarding the contract.
The precious metal looks set to end this year down around 28 per cent as investors shifted money to equities.
Which companies had a year to remember and which had one they would rather forget?
From drumming to wild partying, Gulf Business brings you an array of events to choose from this NYE.
The new service will be launched on March 30, 2014 and is expected to increase capacity by 36 per cent.
The alleged torture took place in 2011 when Bahrain was hit by unrest.
Gulf markets are still around 15 to 50 per cent below the peaks reached before the financial crisis in 2008.
The sportscar comes with a 2020 number plate in recognition of Dubai’s Expo 2020 win.
Recovery of UAE’s key real estate markets remains uneven with robust growth in sales and rental prices in Dubai and slower improvements in Abu Dhabi, says Dr. Tobias Plate, senior partner at Roland Berger Strategy Consultants Middle East.
The airport’s November passenger traffic was up 9.8 per cent compared to the same period in 2012.
A look at the GCC’s performance this year and expectations coming into 2014.
Gulf Business looks back on the articles that attracted most reader attention on our website this year.
Dubai Marina topped the list of Dubai’s most searched locations to rent property in, according to propertyfinder.ae.
Young female entrepreneurs in the UAE require greater mentorship and hands-on-training, say businesswomen in the country.
The mobile number portability service will come into effect on December 30.
The company had been in discussions with the UAE about a deal possibly worth around $9.82 billion.