The Kingdom will be only the second country in the GCC to permit MVNOs.
The protest came after King Abdullah appointed 30 women to the Shura Council.
The Council of Ministers wants to identify the type of businesses that Omanis should be encouraged to set up.
Qatar Airways CEO Akbar Al Baker says the carrier has no plans to acquire stakes in any Indian airlines.
Emirates Hills comes joint top with the Palm in poll by local property portal.
A new AED300 million project underway includes seven floors of new offices for international organisations
Abu Dhabi airline’s arrival in May will help boost Netherlands-UAE trade links, currently valued at $3.6 billion
Investcorp sold the insurance industry software provider to US-headquartered Leonard Green & Partners.
Tim Clark tells Gulf Business the airline industry will continue to face problems in 2013.
Abraaj sold its stake in Vejthani to KPJ Healthcare for an undisclosed sum.
Saudi-based Kingdom Holding Company, which owns a stake in Twitter, is planning a new digital acquisition, its chairman tells Gulf Business in an exclusive interview.
The lender’s fourth quarter profit rose on higher operating income and a drop in expenses.
The golfing star has split from previous sponsor Jumeirah and joins Tiger Woods.
The President of the United States met with Prince Mohammed bin Nayef to discuss security issues.
Prince Saud bin Nayef is the new governor of Eastern Province, taking over from Prince Mohamad bin Fahad bin Abdulaziz.
The Saudi lender reported a rise of 4.1% in net with full year growth of 10.1 per cent.
Four European routes now feature the aircraft, which remains the subject of an FAA review
The International Renewable Energy Agency (IRENA) now has 160 participating countries.
The Qatari bank will hold a local rights issue as it plans to match the capital levels of its peers.
The bank plans to slash 1,600 jobs globally to reduce costs.
Once the refurbishment of Terminal 1 is complete next year, it will be linked via a new elevated train system to Concourse D, which is currently under construction.
The UAE central bank reportedly plans to issue broad regulations for the housing mortgage industry this year.
Operator maintains that while occupancies in Bahrain have reduced year on year, business opportunities remain.
The Abu Dhabi Executive Council has announced a Dhs330 billion financial injection to fund various projects and initiatives in the emirate.
The Saudi operator accounted for 41 per cent of Saudi telecom revenue in the first nine months of 2012.
Total revenue for April-November was 21.6 billion dinars while spending reached a mere 6.9 billion dinars.
The new regulations are expected to include the mortgage caps introduced by the central bank late last year.
Qatar National Bank, the Gulf state’s biggest lender, made a record net profit of QAR8.3 billion last year.
Kuwait’s Future Generations Fund is a nest egg for when the economy suffers shocks.
Qatar Airways bought the 35 per cent stake last year and sold it back for the original price of $117.5 million.