The pipeline will supply gas to the town of Duqm and is estimated to cost around $200- 220 million to build.
The airline’s CEO said that it was unlikely that the struggling carrier would be dissolved or sold.
The Kuwaiti bank reported a net profit of KD302.4 million in 2011 compared to KD301.7 million in 2010.
The kingdom’s oil minister has said that rising domestic demand will not affect crude oil exports.
According to the country’s Economy Minister, the Arab Spring has spurred growth in the UAE.
Qatar’s sovereign wealth fund is expected to acquire the property in a “few weeks.”
The country is scrambling to find an alternative to its threatened primary supply from Iran, Oman’s oil minister has said.
The Bahraini firm saw its subscriber base increase by 20 per cent year-on-year in 2011.
The $9 billion refinery project in China is expected to produce 300,000 barrels per day of crude oil.
The move will make the bourse the second publicly traded stock exchange in the region.
The signing of $930 million worth of trade deals at the Bahrain International Airshow has raised expectations for 2014.
Abu Dhabi has recorded its most successful year ever in terms of hotel guest arrivals with some 2,111,611 visitors.
Saudi Arabia almost doubles income forecast, announcing a budget surplus of $81.6 billion for 2011.
The Spanish consortium won the bid to build the second phase of the HHR.
Qatar Nationals Hotels Company took over properties in Paris and Singapore.
The value of shares traded reached its lowest level since 2004.
Swiss and German investment funds are undertaking the project.
As the UAE climbs into steady recovery, is it any easier for small businesses to access bank lending?
As global markets witness a rollercoaster ride, local investors are turning to forex, a rising star on the trading platform.
Students are scrambling to update their CVs amidst economic uncertainty
As the region drowns in fake goods, fraudster gangs are endangering the local economy, creativity and safety.
Akbar Al Baker, CEO of Qatar Airways, speaks exclusively to Alicia Buller about Western detractors, rising oil prices, and why there’s enough future global demand to fill his record order book.