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.
The Abu Dhabi National Energy Company has acquired an interest in Himachal Sorang Power Limited for an undisclosed sum.
A total of 32,865 people arrived in Kenya from the UAE in the first ten months of 2012.
The company made a profit of SAR185 million on the sale of the land located near Riyadh.
Luxury two-floor facility targets government ministers, VIPs and celebrities.
The Dubai bourse was the GCC’s best performing stock market.
The French President will meet Sheikh Khalifa bin Zayed al-Nahayan to help Total win a $10 billion deal.
The UAE will sign a deal next week concerning Serbia’s weapons industry worth $132 million.
Sheikh Hamad bin Jassim al-Thani said Arabs “must think seriously” about resolving the crisis.
The emirate has just opened the world’s first airport terminal purpose-built to handle Airbus A380 planes.
Qatar Golf Association refuses to meet the former world number one’s $3 million fee.
Abu Dhabi-listed Dana reached an agreement with creditors to amend terms of a $920 million Islamic bond.
The Abu Dhabi airline set a new record for the number of people it carried in a single day.
The world’s number one golfer parts ways with the Dubai hotel group as Nike beckons.
The acquisition of the 205.5MW Lakefield wind project in Minnesota is expected to close in Q1 2013.
The former world number one will compete for the $2.7 million prize at the Abu Dhabi Golf Club on January 17.
Dubai’s biggest bank will offer 1.5 billion shares at Dhs1 each between January 25 and February 3.
Oil minister Mohammed al-Hamli said he hopes production capacity will reach 3 million bpd this year.
The carrier’s chief executive has said he is not worried by the latest faults to affect Boeing’s 787 aircraft.
The emirate plans to form a committee to work on six major initiatives under the project.
The Kingdom’s Shura Council is expected to announce the names next week, says report.
Etihad Cargo announces new direct weekly freighter operation from Abu Dhabi to Guangzhou.
The on-off negotiations over 60 fighter jets have been ongoing for several years.
Two more 787s have been grounded after mechanical problems and fuel leaks.
Accor’s latest contract targets underserved sector
A feasibility study is currently being carried out on the proposed project.
The Gulf state aims to merge eight state-run pension funds to improve efficiency.
Gulf carriers are looking to capitalise on national carrier LOT’s precarious commercial situation, and others regionally