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.
Forecasts suggest the States will achieve self-sufficiency in oil and gas and become an exporter by 2030.
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.
King Abdullah will undergo a back operation to tighten a loose ligament in his back, the royal court has said.
Gulf International Bank picked JP Morgan Chase, NBAD, Barclays, Standard Chartered and Societe Generale to arrange the deal.
The move comes as the Kingdom prepares to open its stock market to direct investment by foreign institutions.
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.
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.
The country has released 290 people convicted of bouncing cheques, reports official WAM news agency.
US authorities are reportedly investigating whether Barclays made any improper payment to win a banking licence in Saudi.
Qatar National Bank said that the bond attracted strong investor interest and was several times oversubscribed.
Sample Central allows members to take products home for free in return for sharing their opinions.
The lender is set to raise $500 million from its offering after big investor interest for its debut deal.
The airline’s president Tim Clark has said the carrier could make its most expensive purchase ever from Boeing.
Dubai-based Emirates will now serve as the official airline of the games and the Queen’s Baton Relay.
The Bahraini telecoms firm accused Siva Ltd of not adhering to a settlement agreement over their joint venture S Tel.
The two Abu Dhabi-based developers both reported higher quarterly profit on Wednesday even with asset writedowns.
A report from the UK-based lender says the emirate’s overall debt burden remains a challenge.
UAE investors are holding onto their cash and assets amid the uncertain economic outlook, however India is a favourite for investment.
Price guidance for QNB’s new bond was released at 155 basis points over midswaps, with transaction expected Wednesday.
The two leaders discussed regional and international developments, Palestine and the situation in Syria.
QP had owned 30 per cent of the company having previously spun off 70 per cent in 2008.
The Abu Dhabi developer’s profit was driven by rising revenues from national housing projects.
Aventicum Capital Management will focus on investments in emerging and frontier markets in the Middle East and Turkey.