Saudi Arabia is right to be concerned about the rise of new hydrocarbon superpowers, writes Yadullah Ijtehadi.
The International Energy Agency has warned that if crude oil prices don’t fall, oil import bills may soar to record levels this year.
As officials in Dubai complete the study for an expatriate pension scheme, experts say that the move will protect workers and improve the economy.
Britain is reportedly holding talks with Abu Dhabi to sell a part of its stake in Royal Bank of Scotland.
The Camaro SS isn’t subtle with a 6.2 litre V8 engine that hits 0-100km/h in 5.4 seconds. And that’s what’s great about it.
The port operator has said that it will pay off its loan, which matures in October, six months ahead of schedule.
While the UAE capital has taken stringent measures to ensure compliance, Dubai and the other emirates are still lagging behind, say experts.
The UAE lender’s loan will help Indonesian coal producer AKT to meet its working capital needs.
The micro-blogging site, which is celebrating its sixth birthday, is now seeking to find the right revenue model.
India-based Kingfisher Airlines, which operates daily flights to Dubai, said that it was cancelling all its international routes.
While authorities have taken steps to improve the rights of workers at Saadiyat island, more is needed, says Human Rights Watch.
The Abu Dhabi property developer, which is eyeing a possible merger with Aldar, replaced its chairman last week.
F1 boss says there won’t be violence at Bahrain race and protests should be peaceful.
Peter Shaw-Smith outlines the global story of gas, which countries are producing the most LNG, and why it matters.
The strike caused by the carrier’s employees over a pay hike led to the cancellation of 10 flights within a four-hour period.
Investing in Facebook’s IPO in 2012 may not be the best idea, writes Matein Khalid, fund manager in a royal investment office.
The merger talks between the two Abu Dhabi-based developers are in compliance with corporate governance, a senior official has said.
Investment in the GCC’s aluminium industry has reached $14 billion to date.
There has been no consensus on Morocco joining the elite bloc as yet, but could this be the beginning of a beautiful friendship?
Qatar Petrochemical Company has awarded construction contracts worth QR604 million to expand its ethylene plant.
Dania Saadi reports on the new wave of entrepreneurs spreading across the Gulf, boosted by growing funding opportunities.
Despite demand worries, OPEC oil production reportedly reached 30.97 million bpd in February, the highest since November 2008.
Dubai will soon welcome two large hotels located in close proximity. But will they be able to co-exist and attract enough demand?
Higher foreign ownership in firms could change the way companies are created in the UAE, writes John Martin, founding partner and CEO of Links Group.
Kuwait’s controversy-ridden stock market regulator, Capital Markets Authority (CMA), has appointed three new commissioners.
The health ministry has said that many herbal products may contain harmful drugs and are also packed in unhealthy conditions.
The value and volume of shares traded on the Dubai Financial Market increased in February.
The Ministry of Economy will now be able to monitor the flow of essential goods and their prices across the country.
The brand hopes to increase its regional visibility by continuing to sponsor events like the Dubai Duty Free Tennis Championship.
The number of people killed in traffic accidents fell by 12.8 per cent last year, according to the interior ministry.