Kuwait’s Global To Delist Shares From Bourse

The firm’s shares have not traded since last December when it accumulated huge losses.

Bahrain’s Bapco Secures 2013 Deals At $3 Per Barrel

Gasoil contracts secured at a high premium for Q1 next year. Price is labelled ‘crazy’ by traders.

VIDEO: Dubai Fire At JLT’s Tamweel Tower – The Day After

The building’s owner issues statement of support for residents as blame circulates around building’s materials.

India’s Zuari Eyes $800m Fertiliser Plant In UAE

The plant in Ras Al Khaimah will produce one million tonnes of diammonium phosphate fertiliser a year when complete.

10 Biggest Shopping Malls In The World

Not surprisingly, Dubai Mall, which welcomed 54 million visitors last year, makes it to the list.

Exclusive: Regional Confidence Returned in 2012, Say Experts

The last 12 months saw robust regional spending, consistently high oil prices and the continuation of Obama’s presidency.

Emaar Properties’ Apartment Sale Revenues Up 210% In Q3

The Dubai-based property developer made Dhs567 million from the sale of condominiums in the third quarter.

Qatar Airways New Sponsor For FC Barcelona

The famous Spanish club will have Qatar’s flagship airline on its shirt, replacing the Qatar Foundation.

Swiss Luxury Player Expands In Middle East

Bally opens new store in Dubai; third in the last one year.

Dubai’s Drake & Scull Q3 Net Profit Falls 93%

The contracting firm was hit by higher costs and dropping contract revenue.

Barclays Denies Illegal Payment For Saudi Licence

Lender in new investigation into improper payments to win a banking licence in the Kingdom.

How Green Is Your Building?

The prize for increasing your building’s efficiency could be vast, say energy-saving experts.

Construction Boom In Egypt Drives Chemicals Demand

The country’s growing population and rising middle class is fueling residential and commercial construction, says Frost and Sullivan.

30 Seconds On The Business Of Formula E

Gulf Business speaks to Alejandro Agag, CEO of Fomula E Holdings.

Review: Parrot Zik Headphones

The new noise-cancelling wireless option from Parrot has great ergonomics.

Oil Service Titans Gaining Power Vs Big Oil

Big Oilfield service companies are rapidly gaining importance over major oil giants.

Omani Firm Plans To Issue Country’s First Sukuk

Al Madina Real Estate says it will issue a five year $130 million Islamic bond in Q1 next year.

PayPal Launches Dubai Office; Aims To Expand ME Footprint

The global online payment provider currently has one million customers in the MENA region.

Dubai’s Mashreq Says Majed Saif al-Ghurair Resigns From Board

The lender did not provide any reason for his resignation.

HSBC Gets UAE Central Bank Nod For Lloyds Acquisition

HSBC Middle East is taking over Lloyds’ retail, commercial and corporate banking business in the UAE.

Europe Has Become Largely Irrelevant, Says Kevin Rudd

Ex-PM of Australia pans Europe and says regional unemployment levels are ‘shocking’.

Agility Reports 20% Rise In Q3 Profit

Kuwaiti logistics firm sees its net profit reach $34.54 million for the quarter even as it faces charges of fraud.

UAE’s TAQA In Q3 Loss On Higher Costs

Abu Dhabi National Energy Company blames loss on construction costs and lower gas prices.

Saudi Arabia To Fine Firms With Foreign Worker Majorities

Private sector companies will have to pay $640 a year for each excess foreigner they employ.

Omantel’s Q3 Profit Rise Limited By Costs

The Omani telecoms operator reported a net profit of $2.6 million in the third quarter of the years.

Top 10 Fashion Brands In The Middle East

Gulf Business asked Sophia Serin, Senior Editor at Emirates Woman Group, to round up the region’s most popular fashion brands.

Kuwait Nominal GDP Grew 29% In 2011, Fastest Since 2005

High crude oil prices helped to boost revenue in the country, according to official data.

First Gulf Bank Signs $900m International Loan

The UAE’s second largest lender secures loan, up from original $800 million after demand from banks.

Apple To Pay Samsung’s Court Fees After Poor Apology

A UK judge orders the Californian giant to cover its rivals costs after it fails to obey court order.

Qatar Airways Receives First Boeing 787 Dreamliner

The Middle East’s first Dreamliner aircraft arrives in Doha.