As Western economic growth slows, Gulf investors look east towards the thriving ASEAN countries.
GCC cities fail to feature in World Economic Forum’s report as top six places remain unchanged.
Sarawak targets Qatar for investment into palm oil, aqua-culture and aluminum.
The lender opens Beijing office to tap rising financial ties between the UAE and China.
Trade ties between the countries have risen over 395 per cent from 2002 to reach $15.6 billion last year.
Gulf firms are increasingly chasing Asian liquidity.
India’s flagship airline welcomes the arrival of its first Boeing 787, ahead of its first Dubai route.
Bangkok’s sprawling Grand Palace is the spiritual heart of Thailand’s kingdom.
ICBC ME posted a pre-tax profit of $36 million in the first half of the year, up 157 per cent from H1 2011.
Apple is used to being a market leader, but the hugely lucrative Chinese market is proving elusive.
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.
The Indian carrier will also resume services to Kuwait and Bahrain from Kochi in its winter schedule.
A Malaysia-based association of Islamic scholars is planning to develop a global code of ethics to improve standards in the industry.
The Kingdom’s cabinet has given a licence to the Industrial and Commercial Bank of China (ICBC) to open one branch in Saudi.
The Australian government has permitted Etihad to increase its stake in Virgin Australia up to 10 per cent.
UAE exchanges say there is still no clarity regarding the Indian government’s proposed service tax on remittances.
A firm linked to billionaire Robert Kuok is set to take a stake in Drydock’s Southeast Asia operations, say sources.
Visitors from the UK topped the list, spending almost $500 million in 2011, according to Visa.
Poor outlook for the US economy and rising supply pushed oil prices to around $92 per barrel on Thursday.
The luxury hotel chain group has specific discussions going on in Mumbai and Delhi, its chairman has said.
Kuwait Investment Authority is reportedly planning to invest in Malaysia’s IHH Healthcare’s $2 billion IPO.
Luxury retailers in the emirate are hiring Cantonese and Mandarin speaking staff to cater to Chinese visitors.
The Indian budget carrier will have direct daily services connecting Delhi and Mumbai to Dubai.
Dubai-based Emirates Airline has begun a non-stop daily flight service to Ho Chi Minh City.
Crude oil prices dropped to nearly $100 per barrel fueled by fears about the Eurozone crisis.
Chinese firm Chinamex is building a multi-million-dinar Chinese-themed retail shopping mall in Manama.
The Japanese car manufacturer reported that its net profit for the year to March reached $3.5 billion.
Under the agreement, China State Construction develop real estate projects in Abu Dhabi.
The Gulf states have assured South Korea that they will make-up for any shortfall of oil supply from Iran.
Exclusive: The Japanese carmaker will sell 200,000 units this year, said global executive vice president.
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