Industry
The bank said it made $254 million in the three months ended March 31, 2013.
More than 200,000 foreigners have been deported from the Kingdom over the past few months.
Airport buoyed by Emirates’ nine new destinations, equating to nearly 22,000 additional seats every day
The bank’s lending growth year-on-year stood at 28.7 per cent during the first quarter.
Agility’s Gulf Catering Company for General Trade will provide bottled water and other supplies to the joint United Nations-African Union Mission in Darfur.
Passenger revenues at Etihad totalled $900 million in the first quarter of 2013, compared with $758 million a year ago.
Despite an oversupply of hotel rooms in Doha, Four Seasons will open its second hotel in the city, says senior official.
Heavy rains and thunderstorms have delayed flights operating to and from the country.
The bank received the deposit in 2008 to boost its financial strength during the financial crisis.
With the Euro bailout of the island country of Cyprus what are the implications for the UAE and Middle East?
Manmohan Singh’s visit will be the first by an Indian prime minister in over three decades.
The new firm is backed by Qatar’s sovereign wealth fund, Qatar Holding.
Currently Oman, like neighbouring Saudi Arabia, follows a Thursday-Friday weekend.
More than 200,000 foreigners have been deported from the country over the past few months.
Gulf Business lists 10 companies to keep a close eye on as they move the region’s digital industry forward.
Inspired by a shale gas surge in the U.S. the kingdom has begun investigating its large unconventional deposits and their potential for fuelling long-term growth.
The Egyptian pound has lost about 14 per cent of its value because of unrest in the country.
Starwood leaders upbeat after meeting 50 owners across 12 countries during month-long HQ relocation.
Oil prices have averaged about $110 per barrel this year.
Thousands of Yemeni labourers face deportation following new Saudi regulations that require expats to work only for their sponsors.
The precious metal fell as far as $1,541.14 an ounce, its lowest since May.
The operator, which has yet to make a quarterly profit since launching services in 2008, last week extended a $2.4 billion Islamic loan to April 30.
Ian Larkin of Lloyds will replace Graham Honeybill, who will become a non-executive director.
IILM faced a major challenge to ensure compliance with laws in all of the 12 member countries situated across Asia and the Middle East.
The three-year revolving credit facility attracted a total of 19 international lenders and replaces a $2.5 billion loan agreed in 2010.
Pricing came at the tight end of initial price guidance of 170-190 bps, indicating that demand for the transaction was strong.
With $16 million sales per day, is Dubai Duty Free’s success about being in the right place at the right time or a shrewd business strategy?
The UAE withdrew its visa waiver for Canadian citizens more than two years ago amid a dispute over landing rights.
The Swedish burger chain recently opened its first store outside Scandinavia in Dubai.
The plan will mean banks have to pay back any overcharged interest to citizens.