Japan’s Trade Deficit Raises Concerns

The country’s first trade deficit since 1980 raises questions how Japan will finance its huge public debt.

Kuwait To Privatise Stock Exchange

The move will make the bourse the second publicly traded stock exchange in the region.

Tim Hortons Hot For The UAE

Alicia Buller catches up with Paul House, executive chairman of iconic Canadian cafe, Tim Hortons

Increasing Sales For Volkswagen ME

The German car company delivered 11,000 vehicles in the region during 2011, recording a 21 per cent sales growth for the year.

Bahrain Airshow Nets Deals

The signing of $930 million worth of trade deals at the Bahrain International Airshow has raised expectations for 2014.

New Brazilian CEO Is Top Oil Woman

Maria das Gracas Foster will oversee a $225 billion investment proposal to more than double Petroleo Brasileiro’s oil output.

GCC Tourists Boost Abu Dhabi

Abu Dhabi has recorded its most successful year ever in terms of hotel guest arrivals with some 2,111,611 visitors.

RIM CEOs Step Down

Jim Balsillie and Mike Lazaridis are replaced as Google and Apple take BlackBerry market share.

Facebook Extends Sharing Service

The social networking site will now let users know what their friends are doing on other sites.

McDonald’s Extends IOC Deal

The fast food giant will continue sponsoring the Olympic Games for another eight years.

ME Witnesses E-Commerce Boom

Online shopping is surging in the Middle East as local buyers get comfortable using credit cards over the internet.

Kingdom Budget Surplus

Saudi Arabia almost doubles income forecast, announcing a budget surplus of $81.6 billion for 2011.

Saudi, Spain Sign $8.2bn Rail Deal

The Spanish consortium won the bid to build the second phase of the HHR.

Qatar Acquires Two Raffles Hotels

Qatar Nationals Hotels Company took over properties in Paris and Singapore.

Bearish 2011 For UAE Stock Markets

The value of shares traded reached its lowest level since 2004.

$2bn Boost For Oman’s Solar Power

Swiss and German investment funds are undertaking the project.

Spearheading The Space Agenda

As Abu Dhabi presses ahead with its aerospace programme, Gulf Business talks to the firm at the forefront of the capital’s bold plans.

Google Growing In MENA

Gulf Business attends Google’s groupie day in Dubai and chats with managing director, Ari Kesisoglu.

GCC Railways On Track?

Billion-dollar railway projects are finally gaining momentum in Saudi Arabia, Qatar and the UAE.

MENA CIOs Enter Boardrooms

Gulf techies are way ahead of their global peers says IBM, as the MENA region pushes for fast growth.

SMEs Fight for Funding

As the UAE climbs into steady recovery, is it any easier for small businesses to access bank lending?

Gulf Banks Shut Out US Clients

Obama’s intrusive regulations are simply too much trouble.

Shariah Carbon Credits Planned

Islam could hold the key to turning around the Gulf’s dismal environmental record.

GCC Flinches At Debt Crisis

The region’s deepest insecurities have once again been exposed by another crisis to emerge from the US and eurozone economies.

GCC Animation Industry Booms

The Middle East is home to a rising entrepreneurial animation movement, fuelled by comic book series, The 99.

Drake & Scull Pushes Into Asia

Amid the Dubai real estate meltdown, UAE contractor Drake & Scull International is chasing growth in Saudi Arabia and Asia.

Private Jet Usage Soars

The Arab Spring boosted private jet travel as diplomats and business leaders engaged in peace talks.

The Demise of Independent Islamic Scholars?

After years of pressure, Islamic scholars in the Gulf are finally modernising their operations, much to the delight of Western financial organisations

Qatar’s Global Rise

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.

Emirates Flying High

As many airlines focus on cutting losses and battling through a probable downturn, one Gulf carrier has loftier ambitions.