The Dubai-based logistics firm reported third-quarter net profit of Dhs53.1 million.
The onshore pipeline will carry the majority of Abu Dhabi’s oil exports from storage fields in Fujairah.
A consortium led by TAQA made the lowest bid for the Rabigh 2 project in the Kingdom.
The mortgage lender saw profits drop on higher provisions and funding costs.
The Saudi billionaire says ex-Citi CEO Vikram Pandit did a “pretty good job.”
Mall of the Emirates earns $1,423 per square foot every year, says new research.
Third quarter results for the Kuwaiti operator sees profits down as its CEO announces his desire to stand aside early next year.
Dubai Ports is selling its minority stake in Vostochnaya Stevedoring to Global Ports Investment.
Sarawak targets Qatar for investment into palm oil, aqua-culture and aluminum.
The Dubai-based lender saw third quarter net profit rising to Dhs640 million on lower provisioning.
The company made a third quarter net profit of 1.07 billion riyals while domestic revenue for the first nine months rose 9.4 per cent.
The Saudi oil producer has awarded contracts to companies from across Europe and Asia – the project is said to be worth billions of dollars.
The UAE telecoms operator made a net profit after royalty of Dhs326.9 million in the third quarter.
The first three quarters of the year sees further recovery for Dubai’s debt-laden property developer.
Companies in the region have begun to make the transition to adopt cloud computing, say experts.
Senior spokespeople confirm that Qatar will meet its construction deadline for the World Cup.
The tiny Gulf state is looking to host pre-season testing and eventually its own grand prix at its Losail Circuit.
Abu Dhabi’s residential real estate market was stagnant in Q3 2012 as the emirate deals with new incoming supply, but industrial growth will be strong
The Omani lender has missed market expectations as it posts a third-quarter profit drop compared to last year.
STC reports jump in third-quarter profit due to growth in broadband but still misses market expectations.
Gulf Business provides a round up of the Middle East’s biggest ICT event.
Gulf Business outlines some of the best ways to build a more energy efficient environment at the work place.
The country’s IT sector aims to post double digit growth rates by the end of next year, says Egypt’s Communications and IT minister.
The move would make ADNOC the first Middle Eastern producer to export ultra-low sulphur diesel outside the region.
Akbar Al Baker said London’s Heathrow airport has already reached a “critical point.”
No one was injured in the gas leak accident, said state news agency KUNA.
Gulf Business reports live from MENA’s biggest ICT event.
The company is planning to launch new PCs and tablets later this year and expand regional presence.
The 2nd US presidential debate was a more evenly matched affair than the first, with Obama just edging it.
The lender made a profit of Dhs328.5 million during the third quarter of the year.