The two have signed a MOU that will pool $389 million of investment capital.
Only 39 per cent of eligible voters cast ballots as several newcomers join parliament.
Around 300 activists marched in Doha calling for climate change action.
TAQA has purchased 53.2 per cent from General Exploration Partners.
The tiny Gulf state will use solar power for 16 per cent of its electrical output by 2018.
Gulf Business brings you the top 10 banks in the UAE with the heftiest third quarter profits this year.
Despite the many benefits that accrue to all Kuwaitis, thousands are dissatisfied.
Residents who have not paid their dues to the state may be banned from travelling abroad.
The airport, one of the world’s busiest, handled 4.92 million passengers in October.
The Kingdom has said that it needs more time to award the winning bids, which were expected to be announced by November-end.
The telecoms operator has postponed the maturity date of the murabaha facility to December 19.
A senior Dubai government official says the UAE has adequate funds to build its multi-billion dollar projects.
Kuwait’s corporate sector experienced a recovery in 2012.
Mega hotels, theme parks and grandiose announcements – does this remind you of anything?
Hussain Al Qemzi says that it’s not easy to adhere to the central bank’s regulations on lending to GREs.
Firms in the banking and financial sector lead the list of the top companies in Bahrain.
The deal comes weeks after British Prime Minister David Cameron’s visit to the UAE.
The assistant military attache at the Saudi embassy and his bodyguard were fired upon in their car.
Former CEO Shahzad Shahbaz left the Qatari investment bank last week.
International Petroleum Investment Company (IPIC) plans to issue a dual-curency bond spread across two tranches.
Sultan bin Nasser Al Suwaidi says that the banking sector in the country has stabilised and lenders have a solid capital base.
The biggest businesses in the United Arab Emirates.
The Gulf country came 18th in the Economist Intelligence Unit’s global list of the best countries to be born in.
Etisalat’s Saudi unit, Mobily, has been banned from selling pre-paid SIM cards by the Kingdom’s regulator.
Banks form the majority of the top companies in the Gulf State.
The potential increase will boost KFH’s capital to $1.24 billion.
Booming tourism made up for the slow down in growth in foreign trade.
The new plant, called Yanbu III, will have a capacity of 550,000 cubic metres per day of desalinated water.
The biggest businesses from the tiny Gulf state of Qatar.
While 21 per cent of UAE hotel projects in the pipeline have been postponed, 54 per cent are confirmed, finds new study.