The Dubai property developer announced that net profit for the first quarter of the year dropped 72.7 per cent to Dhs22 million.
Chinese firm Chinamex is building a multi-million-dinar Chinese-themed retail shopping mall in Manama.
Aabar said that it had only raised its stake in Arabtec to 20.7 per cent and not 53 per cent as previously reported.
Qatar has reportedly mandated five banks to help arrange a new sovereign Islamic bond.
The Emirates’ inflight magazine will produce its June issue from the world’s highest office, at Burj Khalifa.
Laws exist to regulate governance standards in the UAE, but the country’s culture needs to change, say experts.
The telecoms operator posted a net profit of Dhs333.1 million during the first quarter of the year.
The GCC region plans to spend $300 billion on aviation in the next decade. But how much is too much?
The construction firm made a net profit of Dhs84.1 million during the first quarter of the year.
Under the agreement, China State Construction develop real estate projects in Abu Dhabi.
Regional advertising spend is expected to pick up in the next few years and reach $5.95 billion by 2015.
Dubai Financial Market (DFM) recorded revenues of Dhs69.1 million during the first quarter of the year.
Hotels in the Saudi Arabian city saw average occupancy rates of 81 per cent during the month.
The UAE’s main property developers posted gains in Q1 2012. But are we really out of the woods?
The international hotel operator is planning to add 13,000 new rooms to the region by 2017.
Dubai-based Shuaa Capital reduced losses by 67 per cent year-on-year in the first quarter of the year.
The Dubai-based airline bagged four awards at the Business Traveller Middle East (BTME) Awards 2012.
The airport is increasing measures to cater to the rising number of visitors from the Gulf.
Malta offers towns drenched in yesteryear and impressive architecture, writes Peter Shaw-Smith.
Alicia Buller has breakfast with clinical psychologist and creator of THE 99 comic, Dr. Naif Al Mutawa.
The Dubai utility received several Expressions of Interest (EOIs) from international firms for 10MW plant.
Further education and soft skill management will help boost your chances of promotion, say experts.
Emirates Airlines will acquire other carriers at “the right time,” its chairman Sheikh Ahmed Al Maktoum has said.
Exclusive: Libyan economy minister wants to follow the UAE’s country model to attract foreign direct investment.
The emirate is aggressively developing its hospitality sector and aims to attract 2.5 million visitors by 2015.
According to UNWTO, tourist arrivals in the region are set to grow seven per cent per year over the next 20 years.
Last year, 80 per cent of the Gulf travellers visited the German city for medical reasons.
Regional hotel operators must invest in new technologies to stay ahead, say industry experts.
The airline’s CEO Akbar al Baker expressed concerns about wing cracks on the aircraft.
Despite popular belief, the UAE’s hospitality sector did not benefit in a major way from the Arab Spring, said experts.