REVEALED: Top 10 Digital Companies To Watch

Gulf Business lists 10 companies to keep an eye on as they move the region’s digital industry forward.

Ex-Mumtalakat Head Joins PineBridge

Talal Al Zain, who recently resigned from Bahrain’s sovereign wealth fund, has been appointed as the CEO of PineBridge’s MENA operations.

RBS Shares Rise After Abu Dhabi Takeover Talks

Britain is reportedly holding talks with Abu Dhabi to sell a part of its stake in Royal Bank of Scotland.

UK No.1 Internet-Based Economy

The internet contributes more to the UK economy than any G20 country.

Windows 8 Set For Debut

The much anticipated Windows 8 is expected to go sale in October.

Mubadala Buys $2bn Stake In Brazil’s EBX

The move marks the first significant direct investment by the Abu Dhabi fund in Brazil and Latin America, it said.

Dubai Rents Rise In 2012

The rental rates for apartments and villas rose by one per cent in Q1 2012 compared to Q4 2011, according to Asteco.

UAE Mulls Uniform Corporate Tax Rate

A study is being conducted to check the economic impact of the move, which will introduce a single tax rate across the seven emirates.

ME Holds $500m In Start-Up Funds

Regional investors are ready to provide up to half a billion dollars to promote new businesses in the Middle East, say industry experts.

Emirates NBD Approves 20% Dividend

Emirates NBD said that its shareholders had approved a cash dividend of 20 fils per share for 2011.

Al Futtaim Gets $500m Egypt Mall Loan

The Mall of Egypt will be one of North Africa’s largest shopping centres.

DP World To Repay $3bn Loan Early

The port operator has said that it will pay off its loan, which matures in October, six months ahead of schedule.

MAF Holding Reports 10% Revenue Increase

Dubai-based mall and hotel firm pulls in profits amid MENA Arab Spring turmoil.

The Revolutionary Future Of Work

Employers need to radically change old working models, writes Alison Maitland, senior visiting fellow at Cass Business School.

Emaar Apt Sales Fell 85% In 2011

The Dubai-based property developer saw overall revenues for 2011 falling by 33 per cent compared to 2010.

First Gulf Lends $350mn to AKT

The UAE lender’s loan will help Indonesian coal producer AKT to meet its working capital needs.

Abraaj Buys 50% Stake In The Entertainer

Abraaj is making the acquisition through its subsidiary, Riyada Enterprise Development.

A Road Less Bleak?

After a tough couple of years, could 2012 be the year that lackluster regional stock markets regain their shine?

UAE Hotels See 80% Occupancy

The occupancy rate for hotels in February reduced by 2.4 per cent year-on year, according to STR Global.

Twitter Boasts 140 Million Users

The micro-blogging site, which is celebrating its sixth birthday, is now seeking to find the right revenue model.

Accor To Hire 4,000 Staff In ME

The hotel group targets to have 100 hotels either operating or under construction in the region by 2015.

Bahrain’s SWF Names New CEO

Mumtalakat has appointed ALBA chairman Mahmood Hashem al-Kooheji as its new CEO.

Local Banks Increase Global Lending Slice

The debt crises in the West has spurred an upsurge in lending for local banks.

Dubai Aims To Be UAE’s Cultural Hub

The emirate has launched a new cultural district in Downtown Dubai, which will include an opera house, an art museum, galleries and art hotels.

ENBD Launches $1bn Bond

The five-year bond is the third issue by Emirates NBD this year and the second by a UAE bank this week.

ME IT Spend To Grow 6-8% In 2012

EXCLUSIVE: Regional IT spend will grow at double the global rate, according to EMC global CFO.

Kingfisher To Stop International Flights

India-based Kingfisher Airlines, which operates daily flights to Dubai, said that it was cancelling all its international routes.

DIB Announces 12.5% Dividend

The lender had earlier said that it was advised by the UAE central bank to cut its dividend to 10 per cent.

UAE Needs To Improve Workers Rights

While authorities have taken steps to improve the rights of workers at Saadiyat island, more is needed, says Human Rights Watch.

Emaar Proposes 10 Fils Dividend

The property developer said that it will discuss the proposal with shareholders during its annual general meeting on April 23.