With the GCC expected to spend $79 billion in the next 10 years on railways, metro and tram projects, this development is being heralded as a transport revolution.
Bayt.com CEO Rabea Ataya says good leaders will make sure they learn something new every day.
The Aden refinery resumed production after halting operations for nine months because of attacks on the country’s main oil pipeline.
The UAE-based oil trader looks to hire a CRO as its forced to cut operations in the country by 60 per cent.
Prince Al Waleed Bin Talal, CEO of Kingdom Holding, escaped harm as his car was written off in Saudi Arabia this weekend.
Significant money could be made from undervalued energy companies this year, writes Matein Khalid, fund manager in a royal investment fund.
New York’s top bank regulator has accused the UK-based bank of hiding $250 billion in transactions tied to Iran.
Where in Dubai should you rent or buy? What will it cost you? And is it even worth it? Read what Meghna Pant, features editor of Gulf Business has to say.
Business education will never be the same again writes Professor Alex Scott, director of teaching and learning, Edinburgh Business School, Dubai Campus
Shooter and rally driver Nasser Al Attiyah claimed the bronze in the men’s skeet competition, Qatar’s first medal in 12 years.
Qatar aims to host international events and become the sporting hub for the MENA region, the country’s Olympic Committee chief has said.
Despite being part of the $14 trillion BRICS economic bloc, South Africa’s golden age may be some way off. Peter Shaw-Smith discloses how this will impact the UAE.
Supply from OPEC members fell by 450,000 barrels per day (bpd) in July to 31.2 million bpd, a survey has found.
The busy airport saw a rise in footfall of 13.7 per cent for the first half of the year to 27.93 million with air cargo also increased.
With the halal industry reaching over $2 trillion in value, South Africa has emerged as a surprising global leader in halal certification, writes Peter Shaw-Smith.
Wojdan Shaherkani, one of Saudi’s two female athletes at the Olympics, will withdraw from the games over the hijab ban, her father has said.
Property giant Emaar reports 2012 profit rise citing Dubai’s strengthening economy.
Average residential rents for both villas and apartments in the emirate increased during Q2 2012, says new study.
Qatar Holding takes its stake in the company up to 11 per cent, as talks with Glencore are stuck in deadlock.
As GCC SWFs begin to invest closer to home, the West may find itself with an increasingly empty begging bowl.
Oil fell on worries that Spain may be forced to seek a lifeline from international lenders.
Seven consortia including Qatar Airways and Bahrain’s airlines are hoping to qualify for a new licence in the Kingdom.
The country’s first nuclear station will begin construction as the licence is agreed for ENEC and KEPCO.
The Eurozone debt crisis is slowing down economies across the world, said the International Monetary Fund.
The UAE aims to increase exports from the new oil terminal as threats to close the Strait of Hormuz rise.
The country’s oil production fell 4.1 per cent to 27.7 million barrels in June compared to May.
Rents for both villas and apartments have increased year-on-year in 2012, says a new report.
Saudi Arabia will include two female competitors in its London 2012 Olympic team for the first time.
Five-star luxury resorts, marinas and a sports academy are planned for Ras Al Hadd following agreement.