Arqaam Capital says that the regional corporate bond market will also grow substantially by 2014.
Concerns about the Eurozone debt crisis pushed crude oil prices towards its lowest so far this year on Tuesday.
Regional airlines are expected to see profits drop in 2012 because of the Eurozone crisis, says IATA.
The central bank has said it may allow banks to ignore lending limits when dealing with state-linked entities.
Saudi Prince Alwaleed’s Kingdom Holding has reportedly chosen two banks to manage its debut bond.
The mobile operator plans to launch a 4G broadband service, four times faster than it’s current speed.
Dubai Properties Group’s new board will set up its long-term business strategy and oversee implementation.
The $125 billion aid package received by Spain to boost its banks has revived oil demand hopes.
Nissan vice president Andy Palmer spills the beans on Infiniti’s race to beat Audi, BMW and Mercedes.
The Dubai-based operator has agreed a partnership with Richard Branson’s Virgin Group, extending into South Africa.
The UAE energy firm has announced a new chairman as it looks to repay a $920 million sukuk.
Eurozone ministers have agreed to lend the amount to help Spain revive its struggling banks.
The Indian budget carrier will have direct daily services connecting Delhi and Mumbai to Dubai.
The African country has invited the UAE to invest in industries relating to oil and gas exploration.
The Kingdom pumped 9.8 million barrels per day last month, down 300,000 bpd from April.
Abu Dhabi’s flag carrier has finally laid eyes on the Boeing 787 after ordering 41 of the aircraft for its future.
The stock exchange will pay $40 million to investors hit by technical glitches during Facebook’s IPO debut.
Trading volumes at the Dubai Gold and Commodities Exchange amounted to $32.67 billion in May this year.
The carrier has announced new services into Eastern Europe as its reach across the region expands.
Exclusive: Eros, Samsung’s UAE distributor, says that the brand will soon lead the country’s mobile market.
Exclusive full interview: Abdul Aziz Al Ghurair reveals why he’s going back to basics.
Exclusive: Palestine’s largest bank to launch Dubai office in 2013 to serve 200,000 Palestinians.
The company currently produces around eight million tonnes of liquefied natural gas a year.
Official statistics reveal that local tourism in the Kingdom will grow five per cent during summer this year.
Nasdaq Dubai’s future looks bleak as another stock delists ahead of MSCI’s upgrade announcement.
The LNG plant is operating at 100 per cent capability after maintenance shutdowns earlier this year.
A new survey finds that most landlords in Dubai now allow tenants to pay in two or four cheques.
Qatar Telecom will pay $1.47 billion to increase its stake in Iraqi operator Asiacell to 60 per cent.
The investment house is expected to get a five-month added window to repay bonds of $338.6 million.
The Islamic finance industry needs to create new and diverse products to grow, says Noor CEO Hussain Al Qemzi.