Sheikh Ali Salman was released on Sunday after five hours of interrogation about an opposition display.
Saudi Arabia has become the biggest fuel supplier to Egypt, sending gasoline and gasoil as well as cooking and heating gases like propane and butane.
Etisalat is running a trade-in option, allowing its customers to exchange their old iPhone 5 or 4S devices for discounted rates on the new range.
Dubai’s exchanges have so far listed $12.5 billion of sukuk and the total is expected to reach $16 billion by year-end.
OPEC’s supply averaged 29.90 million barrels per day, down from a revised 30.01 million bpd in September.
Housing is the most pressing issue for Kuwaitis who say they have to wait up to 20 years for a government-subsidised home.
The Abu Dhabi carrier suspended flights on Thursday after an assessment of the ‘exiting situation’ at Tripoli airport.
The UAE lender plans to set up eight banking hubs in major cities and five franchises in key markets.
The American bank is targeting clients looking for advice on complex transactions that require global expertise
Over six months have passed since Dubai’s Emirates signed a codeshare agreement with struggling Australian carrier Qantas. Gulf Business explores the impact of the deal.
Dubai’s housing market is rebounding strongly, with prices up over 20 per cent in the last 12 months.
UAE expats have one of the lowest levels of disposable income in the world despite higher salaries.
UAE bank predicts a boom in the retail sector next year through smart banking initiatives.
Dubai’s property investors have been seeing a net yield of six per cent in just Q3 2013.
Marius Haas, president of Enterprise Solutions at Dell, spoke exclusively to Gulf Business at Gitex Technology Week 2013.
The UAE’s current foreign ownership limit of 49 per cent is satisfactory and there is an expectation that it will be relaxed in coming years.
Osman Sultan voiced frustration at the impasse more than four years after talks between the companies began.
The fund has a stake worth about $1 billion in Bank of America, while its Samsung stake is worth between $200-$300 million.
Luxury operator will seek to capitalise on the brand’s popularity among Dubai-bound Russian travelers.
The lender reported profit of Dhs1.3 billion for the first three quarters compared to Dhs970 million in the same period last year.
Munich Airport’s president and CEO flew into the UAE to see how it can attract more passengers.
The government’s latest regulation highlights the importance of responsible financing and purges the overactive mortgage providers.
Net profit for the first nine months of this year fell to Dhs1.44 billion from Dhs1.47 billion in the prior-year period.
A centralised approach to supervising Islamic finance is increasingly being adopted around the globe.
Analysts polled by Reuters had expected only a 12 per cent drop in Ooredoo’s third-quarter profit.
Du made a net profit of Dhs474.3 million in the three months to September 30, up from Dhs326.9 million in the year-earlier period.
Dubai’s house prices have risen over 20 per cent in the last 12 months.
The state-funded rail network would link the desert town of Buraimi, bordering the United Arab Emirates, to six major settlements in Oman.
Dubai Airport CEO believes DXB will soon become the world’s largest airport for international travel.
Luxury hotel chain has said the loan will help fuel further local and international expansion.