About 70 per cent of companies in the GCC are also planning to increase headcount next year, says new survey.
The Dubai-based logistics firm reported third-quarter net profit of Dhs53.1 million.
The onshore pipeline will carry the majority of Abu Dhabi’s oil exports from storage fields in Fujairah.
A consortium led by TAQA made the lowest bid for the Rabigh 2 project in the Kingdom.
The mortgage lender saw profits drop on higher provisions and funding costs.
Gulf Business lists 10 holiday destinations you can reach within five hours by flight from Dubai.
Mall of the Emirates earns $1,423 per square foot every year, says new research.
Dubai Ports is selling its minority stake in Vostochnaya Stevedoring to Global Ports Investment.
Pieces by Renoir, Picasso and Dali to go under the hammer as the region’s art market strengthens.
The Dubai-based lender saw third quarter net profit rising to Dhs640 million on lower provisioning.
The UAE telecoms operator made a net profit after royalty of Dhs326.9 million in the third quarter.
The first three quarters of the year sees further recovery for Dubai’s debt-laden property developer.
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
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.
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.
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.
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.
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 region’s largest ICT event takes place this month from 14-18 October at Dubai’s World Trade Centre.
Manchanda had been acting CEO of the Dubai-based developer since June 2011.