The busy airport saw a rise in footfall of 13.7 per cent for the first half of the year to 27.93 million with air cargo also increased.
The telecoms operator made a net profit of Dhs325.5 million in the second quarter of the year.
With the halal industry reaching over $2 trillion in value, South Africa has emerged as a surprising global leader in halal certification, writes Peter Shaw-Smith.
The behemoth Indian real estate market is said to be at the brink of a collapse that isn’t quite happening.
The UAE accounts for the largest share of the region’s construction market, according to new research.
Bahrain’s Alba said that second quarter net profit dropped due to lower prices and higher gas costs.
Wojdan Shaherkani, one of Saudi’s two female athletes at the Olympics, will withdraw from the games over the hijab ban, her father has said.
Property giant Emaar reports 2012 profit rise citing Dubai’s strengthening economy.
Dubai Property oversupply is vanishing fast, says Peter Cooper, editor of Arabianmoney.net
The UAE telecom operator has ruled out any new investments until 2014.
The Jordanian bank saw increased profits due to lower provisions and a rise in operational income.
This is the first time that the Kingdom is allowing female athletes to compete in the Olympic Games.
Dubai-based property developer Emaar plans to create a mixed-use development in the area.
The Egyptian Financial Supervisory Authority had rejected the decision, asking EFG to provide additional information.
The Gulf countries should learn from the Euro experience but create a monetary union soon, a Qatari central bank official has said.
The food and beverage company made a net profit of Dhs56 million during the first half of the year.
International Bank of Azerbaijan, the country’s largest lender, hopes to start operating in Qatar in the first quarter of 2013.
The famous entrepreneur discloses his favourite places in the city, just in time for the Olympics.
Luxury retailers in the region need to innovate to attract savvy customers, says a new study by BCG.
The Islamic premium no longer exists says one banking professional, stimulating greater issuance and longer tenors.
UAE’s leading telecoms company may also look to raise its stakes in other affiliates with high population markets.
Dubai’s flagship carrier is closer to a tie-up with the Australian airline, sending Qantas shares up eight per cent.
Average residential rents for both villas and apartments in the emirate increased during Q2 2012, says new study.
The logistics firm said weakness in Egypt and investment costs in new African operations weighed on its results.
The UAE- based telecoms company made a net profit of Dhs1.9 billion mainly due to increased international revenues.
The Dubai International Financial Centre (DIFC) economy posted a ‘GDP’ of $3.13 billion in 2011, up seven per cent from 2010.
The region’s biggest investment firm leaves as the healthcare provider launches third biggest offering of the year.
The utility company is not planning to issue a bond despite a drop in borrowing costs, its CEO has said.
The Qatari operator made a first quarter loss of $32.49 million, an improvement on the $32.6 million Q1 loss last year.
The Kuwaiti telecoms operator now owns 37 per cent of Zain Saudi following a weak response from other shareholders.