Where in Dubai should you rent or buy? What will it cost you? And is it even worth it? Read what Meghna Pant, features editor of Gulf Business has to say.
Jones Lang LaSalle and Mace will support the development of the proposed site for the 2020 World Expo in Dubai.
Saudi’s transport system may be overhauled with 30,000 monitored taxis.
The Qatari property developer made a net profit of around $163 million in the first six months of the year.
DFM’s net profit fell to Dhs10.2 million during the second quarter of the year, as revenues reduced.
Chugani set up the Middle East, India and Africa Giordano network
Carriers in the region saw passenger demand increase by over 18 per cent year-on-year in June, says IATA.
A $3.2 billion loan from the International Monetary Fund will help Egypt handle a balance of payments crisis.
Gulf Business lists the top nine property growers, including Arabian Ranches, The Springs and Palm Jumeirah.
The pharmaceutical company has seen a profit rise of 5.6 per cent for the first half of last year, with operating profit also up.
Sports committees at the Olympic Games have started removing restrictions on women wearing headscarfs during competitions.
Emirates’ chairman Sheikh Ahmed bin Saeed al-Maktoum clarified that the deal will not include a revenue-sharing agreement.
Abu Dhabi Islamic Bank said Eurozone pressures and new regulations in the UAE will hit earnings for the rest of 2012.
Saudi Arabia led the region’s M&A activity in July with two mega deals, followed by Jordan and Oman.
The port operator said that it handled 28.2 million TEU (twenty-foot equivalent container units) in the first half of the year.
The amount collected by the Dubai government’s online payment services in the first half of 2012 increased 21 per cent year-on-year.
Bahrain-based investment company net income shrinks in face of Euro woes and asset depreciation.
Dubai International Centre will split into DIFCA and DIFC Property arms to boost its development.
Shooter and rally driver Nasser Al Attiyah claimed the bronze in the men’s skeet competition, Qatar’s first medal in 12 years.
The UAE recently granted a licence to Emirates Nuclear Energy Corp for the construction of the country’s first nuclear reactors.
Qatar aims to host international events and become the sporting hub for the MENA region, the country’s Olympic Committee chief has said.
Increased revenues from national housing projects boosted the profit made by the Abu Dhabi-based property developer.
Under the million-dollar contract, Siemens will supply 19 trams, technology and equipment to Qatar Foundation.
Supply from OPEC members fell by 450,000 barrels per day (bpd) in July to 31.2 million bpd, a survey has found.
Wojdan Shaherkani had refused to take part in the judo competition if she was not permitted to wear the hijab.
The Dubai-based developer posts first half profits of $208.82 million, up 36 per cent from the same period last year.
The busy airport saw a rise in footfall of 13.7 per cent for the first half of the year to 27.93 million with air cargo also increased.
The telecoms operator made a net profit of Dhs325.5 million in the second quarter of the year.
With the halal industry reaching over $2 trillion in value, South Africa has emerged as a surprising global leader in halal certification, writes Peter Shaw-Smith.
The behemoth Indian real estate market is said to be at the brink of a collapse that isn’t quite happening.