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DP World Sells Stake In Russian Firm For $230mn

Dubai Ports is selling its minority stake in Vostochnaya Stevedoring to Global Ports Investment.

Saudi Telecom Q3 Profit Up 25%

STC reports jump in third-quarter profit due to growth in broadband but still misses market expectations.

Iranian Students Feel The Pain As Currency Collapses

Western sanctions and the abolition of a government policy have made studying abroad near impossible.

Qatar Airways CEO – UK Needs Airport Capacity To Avoid Catastrophe

Akbar Al Baker said London’s Heathrow airport has already reached a “critical point.”

LIVE at Gitex 2012

Gulf Business reports live from MENA’s biggest ICT event.

Lenovo Sees 46% Q3 Growth In UAE Marketshare

The company is planning to launch new PCs and tablets later this year and expand regional presence.

AC Milan Denies Plans To Sell Stake To Qatar

Reports claimed that Silvio Berlusconi was considering selling a 30 per cent stake to Qatar for 250 million euros.

Global Steel Demand Growth To Slow Next Year

Demand is reducing because of decreasing consumption in China and uncertainties in Europe, said the World Steel Association.

Masterminding Saudi Arabia’s Fate

Can the Kingdom build a sustainable economy before its oil wealth runs out? The race is on as youth unemployment simmers to boiling point.

Saudi Says Lower Oil Price “Suitable” For Global Growth

Brent crude has fallen from a high for the year of $128 a barrel in March to $112.

Gulf States Must Tackle Muslim Brotherhood Threat

UAE’s foreign minister has said the Brotherhood does not believe in the nation state or the sovereignty of the state.

Qatar National Bank’s Q3 Profit Up 10.5%

Qatar’s indicator for sector performance in the region reports a 15 per cent rise in net profit for first nine months of the year.

The World’s Top Gold Exporters

While Hong Kong leads the list, the UAE features among the top fifteen countries, according to UN statistics.

Is The Sterling Dangerously Overvalued?

Britain’s recession will deepen this winter, warns Matein Khalid, fund manager in a royal investment office.

Review: Audi A5 Sportback

Is it a sedan? Is it a coupé? We’re not sure. What we do know is the A5 Sportback is a thing of beauty.

Is Dubai’s Property Market Back?

As Cityscape 2012 draws to a close, what’s the verdict?

Dubai’s Shuaa Hopes To Break-Even In 2013

The investment bank’s shares are down 93 per cent from a 2008 peak.

Cityscape: Meraas Unveils New Island And No JBR Mall

Meraas Holding says that its new JBR development will offer an underground car park able to hold 1,200 vehicles.

IATA – Airlines Will Earn $4.1 Billion In 2012

Airlines are expected to earn $4.1 billion in 2012, up by 27 per cent from the $3.0 billion forecast in June.

Qatar Airways Not Planning To Join Oneworld

Chief Executive Al-Baker says his airline will not join British Airways as part of the airline alliance.

Abu Dhabi Airport Growth Outpaces Dubai Rival

Growth in the first eight months of the year at Abu Dhabi’s International Airport jumped 21.5 per cent.

Emaar Sells Nuran Marina Hotel To Abu Dhabi Firm

The Dubai-based developer sold its serviced apartments marina asset to Eshraq Properties in the second quarter of the year.

REVEALED: Top GCC Social Media Brands (11- 30)

The rise of social media is giving companies a new way of engaging and interacting with customers. So how are companies in the GCC stacking up against each other in this arena? Gulf Business takes a look.

How To Rule The World Like… Timothy D Cook

Timothy Cook is the CEO of US-based tech giant Apple Inc.

REVEALED: The Gulf Business Industry Awards Winners 2012

The winners from the Gulf Business Industry Awards 2012, a glittering showcase of the UAE’s finest business leaders, as voted by independent judges.

IMF To Cut Global Growth Forecast

The Eurozone debt crisis poses the biggest threat to the global economy, says IMF chief.

Morocco Selects Saudi-Led Group For $1bn Solar Deal

A consortium led by Saudi International Company for Water and Power (ACWA) won the major contract.

Qatar And France Agree Suburbs Relationship

The Gulf state will help set-up a Franco-Qatari fund aimed at investing millions of Euros into depressed French suburbs.

REVEALED: Insights From The GCC’s Top Private Bankers

Experts from Emirates NBD, Falcon Private Bank, Lombard Odier, Bank Sarasin-Alpen Group and Julius Baer reveal their regional wealth management strategies to Gulf Business.

Private Banking Special: Julius Baer

Middle East investors are still seeking high-yielding investments, says Daniel Savary, head of Eastern Mediterranean & Middle East markets at Julius Baer