The tiny Gulf state is looking to host pre-season testing and eventually its own grand prix at its Losail Circuit.
Abu Dhabi’s residential real estate market was stagnant in Q3 2012 as the emirate deals with new incoming supply, but industrial growth will be strong
The Omani lender has missed market expectations as it posts a third-quarter profit drop compared to last year.
STC reports jump in third-quarter profit due to growth in broadband but still misses market expectations.
Opposition groups call for a protest march on Sunday as they reject government’s changes to the voting system.
Gulf Business provides a round up of the Middle East’s biggest ICT event.
The move would make ADNOC the first Middle Eastern producer to export ultra-low sulphur diesel outside the region.
Private sector employees will be given three days, while the public sector will remain closed for four days.
No one was injured in the gas leak accident, said state news agency KUNA.
Gulf Business reports live from MENA’s biggest ICT event.
The lender made a profit of Dhs328.5 million during the third quarter of the year.
The telecoms operator said net loss widened by two percent because of lower revenues.
Bargain-bucket tablets are quickly outselling laptops in the UAE, say retailers.
The Dubai Mercantile Exchange plans to shift its focus away from national oil companies, said its new CEO.
Batelco currently owns Jordanian operator Umniah and 27 per cent of Yemeni mobile firm Sabafon.
Saudi Aramco has been pumping around 10 million barrels per day for most of this year.
The global technology company plans to build an innovation centre in the Dhahran Techno Valley.
The Saudi telecom giant has also revealed details of a new collaboration with Hilton Hotels.
The Saudi lender said that third-quarter net profit dropped 3.5 per cent from last year to SAR1.87 billion.
The emirate’s economy grew 6.8 per cent last year, according to government data.
The telecommunications firm operates in 17 countries in Africa, Asia and the Middle East.
The property firm reached a restructuring agreement with creditors on a $1.2 billion loan last week.
Overspending and a lack of financial planning spell an insecure future for UAE residents.
The biometric seat being developed by the car maker will be able to monitor driver wellness and stress levels.
The Saudi telecom giant has made several announcements on the opening day of technology week, including deals with Ericsson, Huawei and Wikipedia.
Reports claimed that Silvio Berlusconi was considering selling a 30 per cent stake to Qatar for 250 million euros.
The Saudi Arabian Fertilizer Company blamed low urea prices for the drop in profit.
Samba, the Kingdom’s second-largest listed lender by market value, made SAR1.16 billion in the third quarter of the year.
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.