Marriage rate is falling while divorces are on the rise – what’s happening to the sanctity of marriage in the conservative Gulf state?
The property firm will now be owned by the Dubai government.
A step-by-step guide to finding employment in the UAE hub from the CMO of the region’s leading online recruiter, Bayt.com.
The Saudi lender posted a profit of SAR 656 million for the three months ended 30 September 2012.
The Kingdom’s eighth-largest lender said that it made SAR317 million in the third quarter of the year.
Global firms and large regional names are losing their top talent to Qatari lenders who offer better pay and stability.
The region’s largest ICT event takes place this month from 14-18 October at Dubai’s World Trade Centre.
The Kingdom increased the selling prices for November to Asian buyers in line with widening product cracks.
Manchanda had been acting CEO of the Dubai-based developer since June 2011.
BNP Paribas arranged the deal, which will settle on October 16.
Dubai’s biggest annual technology event hopes to welcome over 130,000 visitors.
Emirates Aluminium reportedly picked Goldman Sachs, Citigroup and Abu Dhabi Commercial Bank for the potential bond.
Both Saudi Arabian lenders have seen their operating income rise for the third quarter.
Aramco says gas flow at new Red Sea site is 10 million cubic feet a day and more wells could be drilled.
Can the Kingdom build a sustainable economy before its oil wealth runs out? The race is on as youth unemployment simmers to boiling point.
The UAE’s federal budget deficit reportedly rose to Dhs2.8 billion in January-June, above the government’s original forecast.
Brent crude has fallen from a high for the year of $128 a barrel in March to $112.
GE CEO Jeff Immelt says the firm will cut jobs globally but inject $1 billion into Saudi Arabia.
The central bank introduced caps for loans made to local governments and their entities in April this year.
Dubai and Australia’s flagship airlines are waiting on the results of a competition watchdog’s ruling ahead of their planned alliance.
UAE’s foreign minister has said the Brotherhood does not believe in the nation state or the sovereignty of the state.
The Kuwaiti telecoms operator is looking for funding to help boost network capabilities and improve its current services.
NBAD is looking to reap 10 per cent of its operating income from Islamic banking by 2020, up from three per cent currently.
Kingdom Holding sold the plot in Riyadh for $66.6 million.
The dairy producer’s third quarter revenue rose 27 per cent to SAR2.7 billion.
Abu Dhabi’s flagship airline is looking at more minority stakes to further expand its global reach, says CEO.
The airport retailer saw sales increase 10 per cent year-on-year during the first nine months of 2012.
The decision by Sheikh Sabah al-Ahmad al-Sabah offers hope of new parliamentary elections.
Qatar’s indicator for sector performance in the region reports a 15 per cent rise in net profit for first nine months of the year.
The proceeds will be used to refinance existing debts, said sources.