Online shopping is surging in the Middle East as local buyers get comfortable using credit cards over the internet.
Saudi Arabia almost doubles income forecast, announcing a budget surplus of $81.6 billion for 2011.
The Spanish consortium won the bid to build the second phase of the HHR.
Qatar Nationals Hotels Company took over properties in Paris and Singapore.
The value of shares traded reached its lowest level since 2004.
Swiss and German investment funds are undertaking the project.
As Abu Dhabi presses ahead with its aerospace programme, Gulf Business talks to the firm at the forefront of the capital’s bold plans.
Gulf Business attends Google’s groupie day in Dubai and chats with managing director, Ari Kesisoglu.
Billion-dollar railway projects are finally gaining momentum in Saudi Arabia, Qatar and the UAE.
Gulf techies are way ahead of their global peers says IBM, as the MENA region pushes for fast growth.
As the UAE climbs into steady recovery, is it any easier for small businesses to access bank lending?
Obama’s intrusive regulations are simply too much trouble.
Islam could hold the key to turning around the Gulf’s dismal environmental record.
The region’s deepest insecurities have once again been exposed by another crisis to emerge from the US and eurozone economies.
The Middle East is home to a rising entrepreneurial animation movement, fuelled by comic book series, The 99.
Amid the Dubai real estate meltdown, UAE contractor Drake & Scull International is chasing growth in Saudi Arabia and Asia.
The Arab Spring boosted private jet travel as diplomats and business leaders engaged in peace talks.
After years of pressure, Islamic scholars in the Gulf are finally modernising their operations, much to the delight of Western financial organisations
The richest place in the world, the region’s most peaceful country, and winner of the World Cup bid, the stars have never been more aligned for the tiny Gulf state.
As many airlines focus on cutting losses and battling through a probable downturn, one Gulf carrier has loftier ambitions.
Brick by brick, Dubai hopes to lift itself out of the three-year property slump.
Kuwait’s housing slump will need more than a billion dollar government injection and structural issues must also be addressed.
Regional telcos are throwing cash at data investments and looking further afield as high penetration levels squeeze profits.
The regional pharmaceutical and healthcare industry is set to boom with a new $125 billion investment injection.
Jordan and Saudi Arabia are set to join the UAE in the race to build nuclear energy plants to offset stressed domestic grids.
With only around 10 per cent of Saudi’s currently owning their home, the new mortgage laws could be set to boost real estate firms, banks and society overall.
Governments worldwide are earmarking more funds for the clean energy sector as part of economic recovery.
Low liquidity and weak confidence continue to dampen the Gulf’s IPO pipeline. Stringent local market guidelines must be relaxed to improve cashflow.
Akbar Al Baker, CEO of Qatar Airways, speaks out on his detractors and his record order book.
As the global economy reels from fresh Euro and US woes, the gold price is set for a dizzying ascent.
© 2020 MOTIVATE MEDIA GROUP. ALL RIGHTS RESERVED.