Gulf Business rounds up the top IPOs issued in the region in terms of capital raised, as revealed by Ernst and Young.
The social networking site has opened an office in Dubai to try and boost advertising revenues from the region.
Taco Bell is to join KFC and Pizza Hut as a recognised restaurant brand in the Middle East, says CEO.
Kuwait’s Global Investment House saw its net loss narrow to $39.3 million in the first quarter of 2012.
The Facebook CEO has lost $1.5 billion in the last five days, losing his spot among the world’s 40 richest people.
A preview to Bruce Dickinson’s exclusive interview with Gulf Business, discussing airlines and the Middle East.
The Kingdom has warned its citizens not to travel to Yemen due to increasing insecurity in the country.
Price of crude oil has dropped on Eurozone debt worries and likelihood of Greece leaving the currency.
The five-year plan will fund the expansion of the Saudi Arabian dairy company and boost its product innovation.
The Gulf airline may refinance a $550 million sukuk, though repayment in cash is still an option.
Committee approves Dhs755 million infrastructure projects in the UAE’s East Coast and UAQ.
Freeing up spectrum for Saudi’s telecoms operators may add $95.5 billion to the economy by 2025, said GSMA.
Abu Dhabi oil company signs agreement for EMARAT’s fuel stations across five emirates in the UAE.
The credit card global rewards currency model works for all airlines and covers all routes, the firm said.
Warnings for oil consumption and equities markets amidst growth of deposits and loans from DIFC companies.
Exclusive: Abdul Aziz Al Ghurair blamed a greed culture and a desire for growth for lurching the UAE banks into crisis.
The country plans to introduce multiple entry visas for cruise tourists by September this year.
The amount, secured from a unit of Standard Chartered Bank, will be used to buy two new aircraft.
Saudi Arabian Airlines has got approval to list 30 per cent of its catering unit on the Kingdom’s stock exchange.
Exclusive: Utility company International Power-GDF Suez does not face market concentration in the ME.
Residential rents in some areas have fallen to 2005/ 2006 levels, and occupancy levels have reached as low as 30 per cent.
A majority of JAFZA’s stakeholders have consented to the early redemption of the Sukuk, due in November.
Prince Alwaleed’s Kingdom Holding Company will retain its stake in the Fairmont San Francisco Hotel.
Bank Nizwa, the country’s first Islamic bank, will be listed on the Muscat Securities Market on June 12.
Trading shares of Oman International Bank also stopped due to $5.20 million claim.
Investors have accused the company of hiding weakened growth forecasts ahead of its $16 billion IPO.
A new report states that 20 per cent of MENA banks need capital to meet the Basel III banking requirements.
Real estate projects in Qatar are not yet seeing an interest from global investors, say industry experts.
The Gulf state plans to issue the bond in the second or third week of June, a central bank official said.
UAE telecoms operator Etisalat will reduce international call tariffs from the second half of 2012.