In a rare interview, Ali Rashid Lootah tells Gulf Business that the property empire is out of the abyss and into the black.
Higher GCC banking profitability was driven by improvement in margins, faster asset expansion and expanding fee income in 2011.
The top 50 banks’ consolidated assets grew by a higher 9.1 per cent in 2011 to $1.2 trillion, compared to 6.8 per cent in 2010 and four per cent in 2009.
Meghna Pant, features editor of Gulf Business takes a look at the state of finance in the GCC and which bank you can most rely on.
With a combined GDP of over $9 trillion, China and India were poised to offset slower growth in the West, but recent developments have proved otherwise.
Despite fears of a China slowdown, long term urbanisation will spell growth, says Chris Tedder, research analyst at FOREX.com
As the 140-characters social media platform continues to reel in its rival Facebook, the Gulf has finally caught up with the rest of the world and embraced Twitter.
If Dubai wins the Expo bid, it should highlight its innovative leadership techniques, writes leadership expert Tommy Weir.
The false records cases could be easier to prove than money-laundering.
Understanding the myths around big data is key to gaining an advantage over competitors, writes Jean-Marc Bonnet, consulting architect, EMEA, Teradata Corporation.
An expected stimulus from the US Federal Reserve, instability in the Middle East and a fall in North Sea output are all spurring oil prices.
Aarti Nagraj talks gadgets with Deepak Babani, the CEO of electronics retailer Eros.
With the GCC expected to spend $79 billion in the next 10 years on railways, metro and tram projects, this development is being heralded as a transport revolution.
Christopher Peterson, group resourcer at Gulf Recruitment Group, discusses why the employee who gives everything will always win.
Bayt.com CEO Rabea Ataya says good leaders will make sure they learn something new every day.
Gulf Business reporter Aarti Nagraj tries her luck at trading currencies and shares a daily account of her experience for a week.
Regional dairy producer is approaching the international market and commencing production of camel milk products.
CEO of Ashridge Business School, Kai Peters, discusses why Generation Y may prove lazier than Generation X
Central Bank orders regional banks to meet liquidity requirements from January 2013, in preparation for Basel.
Gulf Business brings you a list of the tallest towers from across the world.
Gulf Business reporter Aarti Nagraj tries her luck at trading currencies and shares a daily account of her experience for a week
Meghna Pant, features editor of Gulf Business, takes a look at which sector and location can earn you the most money in the GCC.
Significant money could be made from undervalued energy companies this year, writes Matein Khalid, fund manager in a royal investment fund.
A quick catch up with the regional boss of the Germany’s national carrier.
Finance experts say global economic optimism is misplaced, with one exception – the UAE
Amid growing investor concern about the Eurozone, Riad Meliti, CEO, Arqaam Capital, remains firmly bullish.
In the last of the property series, Meghna Pant, features editor of Gulf Business, examines the real estate performance of the Middle East and global markets.