French media group Vivendi aims to offload its 53 per cent holding in Moroccan firm Maroc.
The bank said it made $254 million in the three months ended March 31, 2013.
More than 200,000 foreigners have been deported from the Kingdom over the past few months.
The regional president of Medtronic, one of the world’s biggest medical companies, explains the Gulf’s health timebomb.
The bank’s lending growth year-on-year stood at 28.7 per cent during the first quarter.
Agility’s Gulf Catering Company for General Trade will provide bottled water and other supplies to the joint United Nations-African Union Mission in Darfur.
Passenger revenues at Etihad totalled $900 million in the first quarter of 2013, compared with $758 million a year ago.
Despite an oversupply of hotel rooms in Doha, Four Seasons will open its second hotel in the city, says senior official.
Heavy rains and thunderstorms have delayed flights operating to and from the country.
The bank received the deposit in 2008 to boost its financial strength during the financial crisis.
With the Euro bailout of the island country of Cyprus what are the implications for the UAE and Middle East?
Manmohan Singh’s visit will be the first by an Indian prime minister in over three decades.
The new firm is backed by Qatar’s sovereign wealth fund, Qatar Holding.
Currently Oman, like neighbouring Saudi Arabia, follows a Thursday-Friday weekend.
More than 200,000 foreigners have been deported from the country over the past few months.
Inspired by a shale gas surge in the U.S. the kingdom has begun investigating its large unconventional deposits and their potential for fuelling long-term growth.
Thousands of Yemeni labourers face deportation following new Saudi regulations that require expats to work only for their sponsors.
The operator, which has yet to make a quarterly profit since launching services in 2008, last week extended a $2.4 billion Islamic loan to April 30.
Ian Larkin of Lloyds will replace Graham Honeybill, who will become a non-executive director.
IILM faced a major challenge to ensure compliance with laws in all of the 12 member countries situated across Asia and the Middle East.
The three-year revolving credit facility attracted a total of 19 international lenders and replaces a $2.5 billion loan agreed in 2010.
Pricing came at the tight end of initial price guidance of 170-190 bps, indicating that demand for the transaction was strong.
With $16 million sales per day, is Dubai Duty Free’s success about being in the right place at the right time or a shrewd business strategy?
The UAE withdrew its visa waiver for Canadian citizens more than two years ago amid a dispute over landing rights.
The Swedish burger chain recently opened its first store outside Scandinavia in Dubai.
The plan will mean banks have to pay back any overcharged interest to citizens.
State-owned refiner MRPL said it will halt oil imports from Iran in April if insurance cover is not available for its refineries.
The airport retailer recorded sales of Dhs1.6 billion in the first three months of the year.
The Telecommunications Regulatory Authority was due to auction 12 lots of spectrum primarily for 4G networks from March 31.
Dubai’s second airport will operate five runways and have a capacity of 160 million passengers a year.