GCC
Prince Salman bin Sultan is a son of the late Crown Prince Sultan, a veteran defence minister until his death in 2011.
Close monitoring is essential to prevent a second Dubai property bubble, writes Mohammed Faheem, senior research analyst at CBRE Middle East.
Standard Chartered UAE recorded single digit growth in income during the first half of 2013.
Omar Hassan al-Bashir’s plane was barred from entering the Kingdom’s airspace this week while on a flight to Iran.
The majority of businessmen in Dubai expect a profitable third quarter this year, find two official surveys.
Dubai Airport Freezone Authority saw 94 new international companies register in the first half of the year.
The company will supply gas and steam turbines and other equipment for the upcoming Jazan power plant.
Despite a rise in raw material prices, the Kingdom’s non-oil sector has seen slight growth.
The Abu Dhabi healthcare company listed on the London Stock Exchange in June.
The bank made a net profit of Dhs1.3 million in the quarter, compared with a loss of Dhs15.9 million for the same period last year.
The low-cost airline served over three million passengers during the first half of 2013
Google has given access to all three classes and even the pilot’s cockpit of the world’s biggest jet through its Street View cameras.
Emirates Executive launches at a time when business aviation is seeing a rise in regional demand.
Gulf Business checks out weekend options for those looking for a quick escape.
The lender has named Abdulla Saleh al-Raisi as its chief executive officer.
As the peak season for hospitality winds down, average occupancy across UAE and Saudi hotels witness a slight decline.
Drake reported a net profit of Dhs52.2 million for the quarter ended June 30, compared with a profit of Dhs32 million in the corresponding quarter in 2012.
The council will create a strategy to develop Dubai’s fashion industry and support existing events in the sector.
It was not clear whether Bashir was on his way to the inauguration of Iranian President Hassan Rouhani.
Hyundai Heavy Industries will build a power plant with 2,640 megawatts of capacity in Shuqaiq.
The Kuwaiti form bought Little Chef from private equity firm RCapital.
Experts advocate the use of solar technology to reduce energy consumption and increase efficiency.
The investment in Marfa Port will be used to develop the port’s infrastructure and maritime leisure facilities.
Last week the government awarded $22.5 billion in contracts to three foreign-led consortia for the metro system.
Card payments, suspended in 2007, will resume with a charge of Dhs2 for all fuel purchases made.
Deyaar, one of the worst hit during Dubai’s property market crash, posted a second quarter net profit of Dhs27.3 million.
The value of commissions, earned by property intermediaries, companies and individuals helps in assessing the value of growth in the real estate sector.
Doha has promised Egypt five LNG shipments in total to help meet its energy needs.
The July 27 parliamentary election brought in an assembly seen as more amenable to the government.
Abbas Yazdi, a British-Iranian citizen, was reported missing on June 25.