Aramco Overseas signed a deal in March 2011 with oil firm PetroChina to build a 200,000 bpd refinery.
The majority of the early newspapers in the region were founded in Saudi Arabia.
People of the UAE “deserve the best,” Sheikh Mohammed said at the first meeting of the country’s new cabinet.
As Turkey grows, its influence on the MENA region is also rising, writes Georges Elhedery, head of global markets, MENA at HSBC.
Property rates in prime locations have increased substantially in the last six months, says new report.
ADNOC has recommended that Shell win the multi-billion dollar project, sources have said.
The statement conflicts with comments made by its Bahrain-based parent Gulf Finance House.
GFH Capital purchased the club from majority shareholder Ken Bates at the end of last year.
A subtle tug of war has been waging between the UAE central bank and commercial banks as it aims to regulate the country’s financial sector.
Reports claimed Qatar Investment Authority was seeking a consortium for an £8 billion takeover of the British retail store.
Government spending related to the World Cup will hit almost $115 billion between now and 2022, says new study.
SWF assets grew eight per cent in 2012 to reach $5.2 trillion, says study.
Managing director John Banaszkiewicz says the broker will take advantage of Dubai’s proximity to Asia.
Special service marks island’s 45th anniversary of independence – and serves as a capacity-raising hint from the airline
The economic case for nuclear generation in the Middle East is compelling, writes Reuters’ market analyst John Kemp.
There is no shortage of rich individuals and governments who suddenly feel they need a little extra protection.
The French game is quickly gaining appeal all over the world.
The asset disposals are expected to result in a net gain of $151 million for DP World and help boost its capital levels.
Mohammed al-Shaibani, CEO of the Investment Corporation of Dubai said that Dubai had a plan to deal with debts maturing in coming years
U.S. crude has fallen around $8 per barrel over the last month.
The top 50 list of countries adjusting to future energy sources does not include any OPEC states.
Omani gas production has risen sharply over the last decade and the country remains a net gas exporter.
The new company, called Noor Awqaf, is being set up with a share capital of Dhs10 million.
Qatar and UAE-backed investors are expected to make what will be the largest ever bid for a football club.
The asset sale is part of the Dubai Group’s $6 billion restructuring process, said officials.
Traffic rose to 5.56 million passengers from 4.85 million a year ago with freight volume also up.
The deal confirms Etisalat as FC Barcelona’s main sponsor in UAE, Nigeria, Ivory Coast, Benin, Togo, Niger, Gabon and the Central African Republic.
Food is the largest segment of consumer expenditure in the region and stood at $83 billion year-end 2012, says new report.
Once complete, the facility will have the capacity to import nine million tons per annum of LNG.
“All countries in the Arabian Gulf are talking to us,” says one executive in the unmanned aerial vehicle business.