Following complaints from several banks, requirements on liquid assets have been postponed.
The telecoms operator covered the costs Zain Saudi owed the U.S. firm.
Qatar’s Masraf Al Rayan will have until the new year to decide on a proposed takeover of the lender.
The developer has announced its first major project since 2008 with a 53-storey tower in Downtown Dubai.
The Gulf’s best performing firms in H1 of this year by net income.
Boeing’s Dreamliner 787 promises more efficient fuel technology and cleaner air for passengers.
The airline’s chief executive criticises Boeing as electrical faults force new 787 to remain on the tarmac.
The Abu Dhabi-funded club reports record revenue as Etihad-influenced commercial revenue doubles.
Steven Morgan, head of country, Cluttons UAE and Paul Preston, director and head of Middle East, IP Global, lead the debate.
The British oil company was originally excluded from the process after not receiving a qualifying letter.
The contract is to build the third phase of the Jabal Omar development in Mecca.
Qatar Airways took delivery of the first of 60 Dreamliners last month with the third 787 joining the airline’s fleet a few days ago.
Bahrain’s Takaud hopes its product will help MENA companies struggling to deal with an ageing population.
The additional widebody planes will help serve the carrier’s ongoing network expansion
Volatile oil prices and grey market competition are some of the main challenges that the regional business jet industry faces, says NasJet COO.
The US Federal Reserve announced plans for more monetary stimulus on Wednesday.
Gangnam Style tops Google’s list of the search terms that saw highest amount of traffic in 2012 in the UAE.
The sale is expected to be completed in the first half of 2013.
As the year draws to a close, we bring you a list of the major events that marked 2012 in the history books.
Traffic in the regional business aviation sector has risen 12 per cent in the past year.
The investment firm owns 42 per cent of Oman National Investment Corp Holding.
The iPad 4 and iPhone 5 are also both going on sale over the same two-day period.
The under-secretary for international trade says businesses in the States are thinking globally.
Delta Air Lines is buying a 49 per cent stake in London-based Virgin Atlantic.
The Czech government said last week it was in early stage talks with Qatar Airways and Korean Air.
The Al Ghurair group owns half of Ras Lanuf, Libya’s biggest refinery.
Local distributors say they have been receiving numerous queries for Apple’s latest smartphone.
As part of the partnership, the car manufacturer will explore the viability of setting up an automotive facility in the Kingdom.
Expert at the Global Entrepreneurship Summit says SMEs should focus on ‘boring businesses’.
Dubai World Central is set to become the new hub for business aviation.