The petrochemicals producer said it enjoyed stronger sales and higher prices in the fourth quarter of 2012.
Abu Dhabi’s new water theme park will offer never-before-seen rides and thrills when it opens next week.
The Dubai-based cruise liner will be renovated into a 500-room luxury hotel.
Etisalat has submitted interest in buying the 53 per cent stake in Morocco’s Maroc Telecom, valued at around $5.8 billion.
Gulf Business spotted a number of innovative cars and motorcycles at this year’s World Future Energy Summit in Abu Dhabi.
The Gulf state posted a GDP growth of 4.2 per cent in 2011.
A 26 per cent rise in customers helps the operator trim its losses.
VIDEO: Golf Digest Middle East editor Robbie Greenfield reflects on a mouth-watering contest between Tiger Woods and Rory McIlroy.
The bank’s net profit fell to 869 million riyals compared to forecasts of 1.1 billion.
The Gulf bank is buying a 77 per cent stake in National Societe Generale Bank.
MENA region to be core focus of new strategy and the aim is for Bahraini businesses to forge closer links with regional markets.
The central bank is believed to be cooperating with the EBA on the plan.
The national side has terminated the Dutchman’s contract after a disappointing Gulf Cup of Nations.
Tony Douglas, CEO of Abu Dhabi Ports Company, reports on delivering phase one of the capital’s most ambitious project to date.
The UAE produced around 2.60 million bpd of crude in December and November last year.
Regional airports were warned today to remain vigilant from ever-present security threats.
The mortgage lender is in talks with a creditor committee and Dubai’s largest banks.
The Dubai developer has denied reports it is planning to list its malls business.
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.