Retail must accommodate middle-class tourists’ needs as their numbers rise, say experts.
Global Investment House looks at legal options as it undergoes its second debt restructuring in three years.
The Dubai firm secures contracts in Saudi Arabia and the UAE ahead of Q3 profit announcement.
Telecoms companies in the GCC continue to seek control and profits by bulking up their presence in foreign firms.
The 355-metres tall JW Marriott Marquis Hotel opens its first tower, adding 804 rooms to Dubai.
The company is also looking to expand investment and production in Iraq, its CEO says.
Any person who “derides or damages” the reputation of the state or any of its institutions online will be imprisoned.
Residential rents in the emirate continue to fall but still remain higher than Dubai, says new report.
Tough economic conditions and Bahrain unrest push Gulf Air to reduce fleet.
Trading on shares is suspended as the French bank is close to selling its asset to QNB.
Forecasts suggest the States will achieve self-sufficiency in oil and gas and become an exporter by 2030.
The new Windows Phone 8 enabled handset has made its official debut in the region.
The low-cost carrier reported a net profit of Dhs226 million in the third quarter.
The emirate sees no need to recapitalise the support fund that helps state-linked bodies, said Sheikh Ahmed, head of the Supreme Fiscal Committee.
Residents in Qatar spend up to $5,000 per month on luxury goods, says new report.
The world’s largest Arab carrier witnessed a turnaround in profits in the first half of 2012 despite continued fuel price pressures.
Gulf International Bank picked JP Morgan Chase, NBAD, Barclays, Standard Chartered and Societe Generale to arrange the deal.
A report by HSBC shows exporters in the region are worried buyers will fail to settle transactions in coming months.
Recent study shows that the depreciating rupee continues to provide a big boost for UAE-based Indian expats.
The move comes as the Kingdom prepares to open its stock market to direct investment by foreign institutions.
The might of incumbent airlines has been tested in recent times by the growth of low-cost carriers. But do Middle East players have anything to worry about?
A round up of the day’s news and gossip from the region’s largest oil and gas event.
Commercial demand is increasing in areas like DIFC and Downtown Dubai, says new report.
GDP growth in the GCC region is expected to slow to 3.75 per cent in 2013 as oil production stalls, says IMF.
Qatar’s investment vehicle puts a rumoured $100 million into the Peter Chernin-owned media company.
The investment bank which has been through three CEOs in the past year posts Q3 loss of $3.78 million.
Lack of capital funding and collection of payments continue to plague the construction industry says UAE construction tycoon.
Weak demand in Europe and other regions will continue to weigh on the Arab Spring states.
As the Gulf’s hospitality industry grows, international and local hotel brands are ramping up their presence in the region.
The country has released 290 people convicted of bouncing cheques, reports official WAM news agency.
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