Weak demand in Europe and other regions will continue to weigh on the Arab Spring states.
As the Gulf’s hospitality industry grows, international and local hotel brands are ramping up their presence in the region.
The country has released 290 people convicted of bouncing cheques, reports official WAM news agency.
US authorities are reportedly investigating whether Barclays made any improper payment to win a banking licence in Saudi.
A definitive list of regional companies implementing meaningful initiatives for the environment.
In its World Oil Outlook report, OPEC cuts its forecast of global oil demand to 2016 due to economic weakness.
Qatar National Bank said that the bond attracted strong investor interest and was several times oversubscribed.
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The lender is set to raise $500 million from its offering after big investor interest for its debut deal.
The airline’s president Tim Clark has said the carrier could make its most expensive purchase ever from Boeing.
Dubai-based Emirates will now serve as the official airline of the games and the Queen’s Baton Relay.
The Bahraini telecoms firm accused Siva Ltd of not adhering to a settlement agreement over their joint venture S Tel.
President Obama winning a second term in office has seen oil price drop after previous 3 per cent gains when Romney was favourite.
The two Abu Dhabi-based developers both reported higher quarterly profit on Wednesday even with asset writedowns.
A report from the UK-based lender says the emirate’s overall debt burden remains a challenge.
UAE investors are holding onto their cash and assets amid the uncertain economic outlook, however India is a favourite for investment.
UAE-based commentator Sultan Al Qassemi is the most connected Twitter user in the region, says new study.
Price guidance for QNB’s new bond was released at 155 basis points over midswaps, with transaction expected Wednesday.
The two leaders discussed regional and international developments, Palestine and the situation in Syria.
The US President’s re-election will help abate worries of war in the Middle East, say political experts.
Egypt’s presidency said it hoped Obama would work for American and Egyptian people.
QP had owned 30 per cent of the company having previously spun off 70 per cent in 2008.
The Abu Dhabi developer’s profit was driven by rising revenues from national housing projects.
With global markets in flux, fixed income is becoming the new favourite for regional investors.
Aventicum Capital Management will focus on investments in emerging and frontier markets in the Middle East and Turkey.
Prime Minister David Cameron’s visit to the country comes to an end as both parties discuss a strategic air defence relationship.
The two Gulf countries are planning to buy Lockheed missile-defense systems worth up to $7.6 billion.
Sharjah-based Dana did not repay a five-year convertible Sukuk on maturity last week.
The Dubai-based contractor said it was looking at equity-linked fundraising options.
Khalifa Mohammed al-Kindi is the new chairman while Sultan Nasser al-Suweidi remains governor of the bank.