The German lender is laying off several senior staff in Dubai, according to sources.
Britain’s BAE Systems and Airbus-owner EADS are in advanced merger talks to create a European powerhouse in aerospace, defence and security.
Apple’s latest product will be on US shelves from September 21st, and should be available in the UAE just after that.
The anticipation is over as the latest iPhone is revealed as taller, thinner, lighter and 4G enabled.
The world’ worst kept secret is soon to be unveiled in San Francisco as Apple loyalists await the unveiling of its latest product.
Ambassador Christopher Stevens is believed to be one of four US officials killed during an attack at the US consulate in Benghazi.
The Fed is expected to launch another round of quantitative easing during a two-day meet starting today.
The lender opens Beijing office to tap rising financial ties between the UAE and China.
One of the world’s largest commodity traders has turned to Gulf-based banks to widen its lending pool.
Dubai-based Emirates is the only Middle Eastern airline to make the list of the world’s biggest global carriers by capacity.
Trade ties between the countries have risen over 395 per cent from 2002 to reach $15.6 billion last year.
While imports remained constant, exports to the EU rose 15 per cent year-on-year during the first six months.
The MENA region ranks fifth most popular destination for international expansion, with UAE most popular country.
Regional investors accounted for 12 per cent of Europe’s real estate market in Q2 2012.
Gulf firms are increasingly chasing Asian liquidity.
Hisham Kandil says he expects the country’s economy to grow by up to four per cent this financial year.
Egypt’s government is hoping to receive a $4.8 billion loan from the International Monetary Fund.
Majority of vacancies are for junior level executives while 45 per cent of firms will advertise less than five positions, says new survey.
India’s flagship airline welcomes the arrival of its first Boeing 787, ahead of its first Dubai route.
Current outstanding demand for Islamic bonds totals an estimated $300 billion.
Bangkok’s sprawling Grand Palace is the spiritual heart of Thailand’s kingdom.
As oil prices rise, Western economies face dire days ahead, says Reuters’ John Kemp.
Gulf Business takes a look at the biggest events that the GCC nations have hosted, are hoping to host, and the ones that got away.
Orascom Construction Industries, Egypt’s biggest listed company, feels weight of new plants in Algeria and the US.
The tech giant has hinted that it will launch its latest phone at an event on September 12 in San Francisco.
The lender leads M&A advisory rankings in MENA with $4.7 billion of deals this year, according to Dealogic.
Gold and silver have hit multi-month highs as investors aim to hedge against potential inflation risks.
Ernst & Young survey shows shoppers in the region are more loyal to their preferred brands than shoppers in the UK or US.
King Abdullah of Saudi Arabia urges Gulf Cooperation Council to become a single entity.
The Gulf-funded football clubs continue to spend big money for new players as both teams get off to winning ways.