Bahrain’s flag carrier will begin a new daily flight to Dubai and several new flights across the subcontinent.
A mix of US, British and Qatari firms will all manage the various lines and stations as part of the planned $36 billion system.
Dubai trade licences saw a significant jump as UAE confidence steadily rebounds.
The Dubai-based airline will begin operating flights to Tripoli from October 29.
The natural gas company saw a boost in profit because of increased production and higher oil prices.
The Aden refinery resumed production after halting operations for nine months because of attacks on the country’s main oil pipeline.
Gold edged up on Monday, extending its winning streak into a seventh session as expectations rose of more stimulus measures from central banks around the world.
The UAE-based oil trader looks to hire a CRO as its forced to cut operations in the country by 60 per cent.
Prince Al Waleed Bin Talal, CEO of Kingdom Holding, escaped harm as his car was written off in Saudi Arabia this weekend.
The mosque, spread over 40,000 square feet, will be located in Downtown Dubai.
A quick catch up with the regional boss of the Germany’s national carrier.
The Gulf state is aiming to provide a much needed boost to support Egypt’s declining economy.
The Kingdom’s Foreign Minister Prince Saud al-Faisal had a minor operation to relieve an intestinal obstruction, the royal court has said.
The Kingdom reportedly reduced oil output by 300,000 barrels per day from June.
The Abu Dhabi-based district cooling utility company appointed Jasim Thabet as its new chief executive officer.
The Abu Dhabi developer reported a net profit of $113.8 million in the second quarter of the year.
Qatar Airways has entered an interline agreement with Canada’s short-haul carrier, Porter Airlines.
The petrochemicals firm posted a net profit of QR2.14 billion in the second quarter of the year.
Amid growing investor concern about the Eurozone, Riad Meliti, CEO, Arqaam Capital, remains firmly bullish.
Rising administrative and contract costs lead the construction company to post a loss during the second quarter of the year.
Next generation iPhones and iPads will no longer have Google’s YouTube app pre-installed in the software.
The Kingdom boosted spending to a record SAR804 billion in 2011, 23 per cent higher than in 2010.
New York’s top bank regulator has threatened to revoke the bank’s state licence over alleged Iran ties.
The Qatari sovereign wealth fund currently owns around 12 per cent of Qatar Insurance.
The Kingdom’s cabinet has given a licence to the Industrial and Commercial Bank of China (ICBC) to open one branch in Saudi.
The UAE’s largest low-cost airline saw gains from under-served routes last quarter.
DIFC may no longer provide a gateway to the UAE financial market.
New York’s top bank regulator has accused the UK-based bank of hiding $250 billion in transactions tied to Iran.
The Saudi team, which included royal family member Prince Abdullah al Saud, lost out to Britain and Netherlands in the team show jumping final.
The telecoms operator reported a net profit of around $251.58 million in the second quarter of the year.