Victoria’s $16.5 billion tourism industry has benefitted from Emirates’ marketing efforts, which include the Melbourne Cup
The transaction is set to create the world’s largest SME focused private equity group.
The region may even top the world in terms of growth of wealthy individuals this year, according to experts.
The recently inaugurated Green Line saw more than 11.8 million passengers during its first five months.
Saudi Arabia’s biggest property developer, Dar al-Arkan, plans to repay 3.7 billion riyals of debt this year, said CFO .
Sovereign wealth funds from the UAE and Kuwait have reportedly agreed to buy stakes in India’s ONGC.
The DIFCI bond is in the spotlight as investors weigh Dubai’s refinancing risks in 2012.
Egypt expects to sign the IMF loan next month and will receive one-third of the funds immediately upon signing, said minister.
Aramco signed an initial deal with Indonesia’s state energy firm, PT Pertamina, to look into building a petrochemicals project in Indonesia
In the battle for customers during the recession, conventional and Shariah-compliant banks have sharpened their game.
Prince Alwaleed says his upcoming Arabic news channel will stand out from the competition.
The New Economic Cities announced six years ago are yet to begin contributing to Saudi’s economy.
The company’s net profit in Q4 2011 increased by 161 per cent year-on-year.
Brent crude slips to $118 as a final decision on Greece’s bailout package faces a possible delay.
The region’s finances are back on track said the London Business School in Dubai.
The bank reported that net profit for the full year increased by six per cent from 2010.
Issuers and investors remained wary of volatility in the capital markets, according to PwC.
The bond was five times oversubscribed and received orders from more than 270 investors globally.
The Dubai government will continue to help government-related bodies, says Sheikh Ahmed bin Saeed al-Maktoum.
The agreements were signed between Oman’s health ministry and Oman LNG.
Sheikh Salem Abdul-Aziz al-Sabah blamed a rise in public spending for his decision.
The struggling Bahraini carrier will use the amount to meet its medium-term capital needs.
The columnist fled Saudi Arabia after his comments on Twitter caused an outrage in the kingdom.
The two companies are in negotiations to build a methanol complex in Trinidad and Tobago.
The Finnish telco partnered with Microsoft in a bid to claw back market share last year
This is the first time that the UAE airline, started eight years ago, has recorded a profit.
The Bahraini telecoms operator will receive $174.5 million, the same amount that it paid to purchase the stake in the Indian firm.
Colorado-based CH2M Hill has won the FIFA World Cup construction management contract.
Prominent economist Nouriel Roubini has predicted that the Eurozone will collapse in a few years.
The civic body said that cost-cutting measures were implemented to achieve a budget surplus in 2011.
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