Oman Air Expects 30% Revenue Growth In 2012

The airline generated $809 million in revenue last year and expects growth to come from higher demand.

Saudi Aramco To Shut Most Of Yanbu Refinery

The joint venture energy firm plans to bring a cleaner fuel project online.

Red Bull Helps Infiniti Challenge Audi, BMW And Mercedes

The luxury car brand is targeting a slice of the German manufacturers’ pie.

Jumeirah Opens In Mumbai; Rumours Of Delhi Opening

Hospitality company Jumeirah has signed an agreement to operate in Mumbai, India; CEO tells Gulf Business that Delhi may be next.

Etihad Airways To Buy Stakes In Indian Airlines

Abu Dhabi’s flagship carrier is eyeing up minority stakes in Jet Airways and SpiceJet.

The GCC Is Back, Say Analysts

Despite the global economic uncertainty, the GCC has bounced back, led by the UAE’s thriving service sectors

Qatar Cashes In Remaining Barclays Warrants

Qatar Holding, the lender’s top shareholder, has monetised its remaining 379 million units.

“Fiscal Cliff” Talks Stalled But Progress Possible

US on course to slash budget deficit nearly in half next year, as serious negotiations to begin this week.

Saudi Regulator Suspends Mobily From Selling SIM Cards

Mobily will not able to resume sales of pre-paid cards until it meets provisioning requirements.

Dubai’s Ruler Orders Expansion of World’s Tallest Hotel

Sheikh Mohammed instructs work to begin on the second phase of the Dhs2.5 billion JW Marriott Marquis.

Exclusive: Majid Jafar, CEO, Crescent Petroleum

The Arab world’s economic revolution is only just beginning, says Jafar, in an exclusive interview with Gulf Business.

Abraaj Capital Unit Buys Indian Remittance Firm

Card payment processor Network International has acquired a stake in TimesofMoney for an undisclosed sum.

Psy’s Gangnam Style Is YouTube’s Most-Viewed Video

The South Korean pop song has had over 812 million views since it was posted on the site in July.

Dana Gas Offers Bondholders Sweetened Debt Deal

The Sharjah-based natural gas producer failed to repay its creditors on the maturity of its $920 million Islamic bond last month.

NBAD Issues 500m Malaysian Ringgit Sukuk

The 15-year Sukuk is National Bank of Abu Dhabi’s third issuance in the South East Asian currency.

UK Hopes Mideast Nuclear Talks Can Be Held In 2013

A conference on banning nuclear weapons in the Middle East was to take place in December, but has now been delayed.

Emirates, Arsenal Sign $240m Partnership

The deal grants the Dubai-based airline a five-year extension to its shirt partnership with the football club.

Dubai Plans Mega City; World’s Largest Mall

The mall will be part of a new retail and tourism complex that also includes a park bigger than London’s Hyde park.

Women Need to Strengthen Networking Skills To Get Top Jobs

Women have less access to the traditional networking spots, such as the Majlis and the golf club.

Qatar’s Banking Sector Expects Modernisation, Say Experts

The Gulf state needs thousands of experienced industry professionals to bolster its finance practice.

Spying for Dummies

A new breed of mannequin uses facial recognition software to gather customer data while you shop.

Top 10 iPhone Apps In The UAE

A mix of social media apps, info services and games feature on the list.

GFH Capital Signs Leeds United Takeover

The Dubai-based firm has become 100 per cent shareholders of the English football club.

Dana Gas Agrees To Develop UAE Gas Field

Production in the new field is expected to begin in the first half of 2014.

Dubai’s Arabtec Buys Stake In Interiors Contractor Depa

Arabtec will buy 149.6 million shares in Depa, valued roughly at $65.8 million.

Kuwait’s Boubyan Sees Islamic Banking Boom

The lender is not interested in overseas expansion unlike its rival Kuwait Finance House.

The Top 100 GCC Companies (51-100)

A short-lived recovery marked 2012 as Europe’s debt woes weighed heavily on global markets. Amid the continuing uncertainity, GCC stocks faced a mixed outlook.

The Top 100 GCC Companies (1-50)

A short-lived recovery marked 2012 as Europe’s debt woes weighed heavily on global markets. Amid the continuing uncertainity, GCC stocks faced a mixed outlook.

Abu Dhabi Signs Oil Storage Deal With Korea

The deal provides for the storage of six million oil barrels for the Korean strategic stockpile program.

Dubai World’s Debt Repayments Concern Bankers

With $4.4 billion needed to meet its first obligation, there are worries as to where the money will come from.