The country is planning to pass laws this year to control the use of social networking sites.
London’s Heathrow Airport found that Saudi visitors were the Middle East’s biggest spenders in 2011.
Abu Dhabi Commercial Bank reported that net profit rose 38 per cent year-on-year during the first quarter of 2012.
The threat of a severe Europe crisis has passed, but more needs to be done to ease the situation, said Julius Baer.
The Dubai-based logistics firm made a first quarter net profit of Dhs61 million this year.
The UAE-based telecoms operator reported net profit of Dhs1.81 billion during the first quarter of the year.
The Dubai-based developer said that it had no plans to tap debt markets in 2012.
One of Abu Dhabi’s largest developers said that it expects residential rents in the emirate to drop further this year.
The new units are being developed by Saudi’s housing ministry as part of a larger affordable housing strategy.
The capital emirate needs a real estate enforcement body like Dubai, said Sorouh and Cluttons.
Experts say that residential rents in the emirate fell up to 18 per cent during the first quarter of the year.
Prince Alwaleed’s Kingdom Holding Company said that net income during the first quarter of the year reached SR100.8 million.
Abu Dhabi International Airport saw 21.2 per cent increase in traffic year-on-year.
The contract includes the construction of a residential development in Abu Dhabi.
India is the emirate’s top trading partner, according to the customs authority.
Abu Dhabi’s investment fund Aabar is reportedly looking to exit its its stake in the German carmaker.
The five-year loan will boost Tunisian government finances, according to its central bank.
The UAE is the world’s second most popular country for global retailers, according to property adviser CBRE.
The European bank will hold a 51 per cent stake in the new entity, which will be renamed HSBC Bank Oman SOAG.
While experts say the Kingdom is the best performing market in the region, they also warn investors to be patient while doing deals.
The bank reported a ten per cent year-on-year rise in first quarter profit earlier this year.
Out of all handheld consumer technology, tablets have the most glittering future, say experts.
Saudi Basic Industries Corp recorded a five per cent year-on-year fall in net profit during the first quarter of the year.
The UAE-based mortgage lender recorded a net profit of Dhs18 million during the first quarter of the year.
Nokia leads handset sales, but Apple secures top spot for mobile advertising impressions.
This is the first time Boeing has signed a direct outsourcing deal for parts production in the Arab region.
The decision to appoint Jim Yong Kim, an American, to the top post has been criticised by developing nations.
National Bank of Kuwait reported a 0.3 per cent rise in Q1 profits year-on-year.
Global fashion store will launch 14 more regional stores this year.
Property prices in the city are hitting early 2008 levels, and the rental market is also positive, says a new report.