The kingdom’s oil minister has said that rising domestic demand will not affect crude oil exports.
According to the country’s Economy Minister, the Arab Spring has spurred growth in the UAE.
Qatar’s sovereign wealth fund is expected to acquire the property in a “few weeks.”
The country is scrambling to find an alternative to its threatened primary supply from Iran, Oman’s oil minister has said.
South Africa, a large importer of Iranian oil, is assessing the impact of international sanctions.
More than one in two institutional investors see Africa as an attractive region to invest in over the next decade.
The country’s first trade deficit since 1980 raises questions how Japan will finance its huge public debt.
The German car company delivered 11,000 vehicles in the region during 2011, recording a 21 per cent sales growth for the year.
The signing of $930 million worth of trade deals at the Bahrain International Airshow has raised expectations for 2014.
Maria das Gracas Foster will oversee a $225 billion investment proposal to more than double Petroleo Brasileiro’s oil output.
Abu Dhabi has recorded its most successful year ever in terms of hotel guest arrivals with some 2,111,611 visitors.
Jim Balsillie and Mike Lazaridis are replaced as Google and Apple take BlackBerry market share.
The social networking site will now let users know what their friends are doing on other sites.
The fast food giant will continue sponsoring the Olympic Games for another eight years.
Online shopping is surging in the Middle East as local buyers get comfortable using credit cards over the internet.
Saudi Arabia almost doubles income forecast, announcing a budget surplus of $81.6 billion for 2011.
The Spanish consortium won the bid to build the second phase of the HHR.
The value of shares traded reached its lowest level since 2004.
Gulf Business attends Google’s groupie day in Dubai and chats with managing director, Ari Kesisoglu.
Billion-dollar railway projects are finally gaining momentum in Saudi Arabia, Qatar and the UAE.
Gulf techies are way ahead of their global peers says IBM, as the MENA region pushes for fast growth.
As the UAE climbs into steady recovery, is it any easier for small businesses to access bank lending?
The region is doubling its mineral production with the aim of creating jobs and digging up new profits.
Obama’s intrusive regulations are simply too much trouble.
The turmoil in the Arab region will affect Beirut’s financial sector, says Matein Khalid, fund manager in a royal investment office.
As GCC governments’ budgets soar, so do breakeven oil prices.
Islam could hold the key to turning around the Gulf’s dismal environmental record.
Students are scrambling to update their CVs amidst economic uncertainty
The region’s deepest insecurities have once again been exposed by another crisis to emerge from the US and eurozone economies.
The Middle East is home to a rising entrepreneurial animation movement, fuelled by comic book series, The 99.
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