Average monthly salaries for some expatriates have gone up by more than 10 per cent this year compared to 2011.
The Bahraini investment group has taken over the GL Education Group, a UK-based education solutions provider.
Apple’s third generation iPad is finally available in select locations across the UAE.
The Dubai developer also said that its funding needs have eased, and that it has no plans to renew talks with Aabar for a stake sale.
The Kingdom’s oil exports rose 143,000 barrels per day in January compared to December, according to the Joint Data Initiative.
The Abu Dhabi property developer, which is eyeing a possible merger with Aldar, replaced its chairman last week.
Daily deal websites are having to face down criticism that their vouchers degrade brands and the business model is a passing fad.
F1 boss says there won’t be violence at Bahrain race and protests should be peaceful.
The regional unrest will continue to dampen investor confidence in the Middle East this year, according to a survey by the CFA Institute.
Peter Shaw-Smith outlines the global story of gas, which countries are producing the most LNG, and why it matters.
The strike caused by the carrier’s employees over a pay hike led to the cancellation of 10 flights within a four-hour period.
The central bank has instructed lenders to find means of reducing the debt burden of UAE nationals.
While banks in the region are returning to pre-crisis levels of profit, they have to improve efficiency, says AT Kearney.
The Tunisian government has set up a working group with Islamic finance experts to study its development in the country.
Despite the threat of regional upheaval and global downturns, the UAE is still the darling of the luxury car industry.
The merger talks between the two Abu Dhabi-based developers are in compliance with corporate governance, a senior official has said.
The region has witnessed a growing shift towards the wellness experience.
Thailand island investors on The World development have been offered a full refund.
Emirates plans to hire 3,800 new cabin staff this year, taking its total number of in-flight crew to nearly 20,000.
The majority of financial executives in Dubai are planning to increase staff this year, according to a survey.
Emirates NBD requests withdrawal of Dubai Bank’s Fitch and Moody’s ratings.
The Abu Dhabi Securities Exchange has denied reports that it’s going to investigate trading patterns of Aldar and Sorouh.
The Bahraini investment company has acquired a portfolio of properties in the San Francisco Bay Area for $65 million.
The indebted telco has appointed Fraser Curley as chief executive, its third CEO in six months.
According to sources, the UAE-based bank is planning to let go of its employees to cut costs. The bank has refused to comment.
The global software firm is planning to hire 500 new employees and open more offices in the region.
Qatar Petrochemical Company has awarded construction contracts worth QR604 million to expand its ethylene plant.
Government-owned Dubai Group is currently reviewing the potential sale of the Manhattan-based property.
The region’s hydrocarbon reserves account for almost a third of the world’s reserves, says QNB Capital.
The bank has reportedly applied for a full commercial banking licence to expand its operations in the kingdom.