The company currently produces around eight million tonnes of liquefied natural gas a year.
The United Arab Emirates has secured a top 20 world spot for spending per capita in the health sector.
Official statistics reveal that local tourism in the Kingdom will grow five per cent during summer this year.
Nasdaq Dubai’s future looks bleak as another stock delists ahead of MSCI’s upgrade announcement.
Abu Dhabi and Kuwait in talks with Malaysian-based health company as potential investors for listing.
The LNG plant is operating at 100 per cent capability after maintenance shutdowns earlier this year.
A new survey finds that most landlords in Dubai now allow tenants to pay in two or four cheques.
Qatar Telecom will pay $1.47 billion to increase its stake in Iraqi operator Asiacell to 60 per cent.
The investment house is expected to get a five-month added window to repay bonds of $338.6 million.
The Islamic finance industry needs to create new and diverse products to grow, says Noor CEO Hussain Al Qemzi.
Abu Dhabi-based Etihad buys a four per cent stake in the Australian airline for an undisclosed price.
Dubai-based Emirates Airline has begun a non-stop daily flight service to Ho Chi Minh City.
The country has signed a ‘permanent headquarters’ agreement with the renewable energy agency.
The UAE’s GDP will grow at around three per cent this year, the country’s economy minister has said.
Dubai’s general index drops two per cent to five-month low amid growing fears of the Eurozone and Iran.
DIFC Investments has secured a five-year syndicated loan to repay its Sukuk maturing this month.
The Kingdom has approved municipal projects worth SAR1 billion to be implemented across the country.
The European lender has received approval to merge its Omani business with Oman International Bank.
The Abu Dhabi-based airline announced that it will operate daily flights to Sao Paulo from June next year.
Despite oil prices falling below $100 a barrel, Saudi Arabia will not cut supplies anytime soon, say experts.
Over 1.2 million travellers passed through the Abu Dhabi International airport during April 2012.
Dubai’s national carrier launches new entertainment software across its Boeing 777 fleet of aircraft.
The sultanate has the potential to top the GDP rankings for the region, bettering its wealthy neighbours.
The Dubai-based developer’s first-quarter revenue rose 159 per cent to Dhs1.35 billion in the first quarter of the year.
The loan will be partly guaranteed by the Dubai government, according to sources.
Abu Dhabi Islamic Bank’s UK branch, located in an upscale development, hopes to target wealthy Gulf clients in Britain.
Gulf Business rounds up the top IPOs issued in the region in terms of capital raised, as revealed by Ernst and Young.
The social networking site has opened an office in Dubai to try and boost advertising revenues from the region.
Five management staff from the Villagio Shopping Mall have been detained over the incident that killed 19 people.
Kuwait’s Global Investment House saw its net loss narrow to $39.3 million in the first quarter of 2012.