The agreement does not include a global revenue-sharing deal or equity injection from either side.
The Abu Dhabi-based Emirates Aluminium will encounter higher loan rates due to the Eurozone crisis.
Monthly traffic surpassed five million passengers for the first time.
The tech giant has hinted that it will launch its latest phone at an event on September 12 in San Francisco.
The Shuweihat 2 plant project may launch a bond as part of a $2.2 billion refinancing plan.
The hacking attack is the latest in a wave of cyber attacks on news agencies and energy companies in the region.
The Dubai-based airline also supports over 72,000 jobs in India through its operations, says study.
The state-owned property firm has rolled over the Islamic debt facility, owed to a syndicate of banks, several times.
A new index by HSBC shows the manufacturing and services sectors fell 0.1 points from July.
The lender leads M&A advisory rankings in MENA with $4.7 billion of deals this year, according to Dealogic.
Gold and silver have hit multi-month highs as investors aim to hedge against potential inflation risks.
Trade links between the two countries have never been stronger as new figures reveal a growing relationship.
Ernst & Young survey shows shoppers in the region are more loyal to their preferred brands than shoppers in the UK or US.
Returning consumer confidence is a driving factor for the UAE luxury sector.
As the notoriously private wealth vehicles gain increased visibility, especially with their emerging markets investment push, Gulf Business lists the top 10 SWFs in the world.
King Abdullah of Saudi Arabia urges Gulf Cooperation Council to become a single entity.
The Kuwait-based operator has revealed two new appointments to its top level board.
The Argentinian legend and ex-Al Wasl coach has accepted a position with the Dubai Sports Council.
Real GDP expanded but ongoing political unrest continues to dampen the country’s growth.
The bank has hired JP Morgan to advise on its planned buyout of the French bank’s Middle Eastern asset.
The Abu Dhabi-based carrier has doubled its stake in the Australian carrier but no plans for a majority.
The Gulf-funded football clubs continue to spend big money for new players as both teams get off to winning ways.
The plant may come up next to a new aluminum smelter in the Kingdom, says Tata Motors chairman.
Gulf Air CEO, Samer Majali, says a consultative leadership style is the best way to energize and motivate employees.
The multi-billion dollar Khalifa Port can handle 12 million tons of general cargo annually in the first phase.
The banking group appoints a new chief executive to repair its damaged reputation following the Libor scandal.
The company confirmed that operational systems both onsite and offshore are secure and that production is not affected.
With entrepreneurship in the region witnessing an unprecedented boom, funding options are also on the rise.
ICBC ME posted a pre-tax profit of $36 million in the first half of the year, up 157 per cent from H1 2011.
The state-owned operator repaid the five-year syndicated term loan from existing funds.