Meet the exceptional young people who are re-inventing the MENA region.
Saudi Arabia’s banks post bumper profit growth and lead the region’s banking recovery.
The National Bank of Abu Dhabi comes highest in the region for world’s safest banks; Europe take top five spots.
Global oil inventories in countries other than Iran fell about 1.2 million barrels per day in July and August.
Couple abducted after Lebanese army steps up security as kidnap threats target Gulf visitors.
BoP will launch its Dubai office in 2013 to serve 200,000 Palestinians.
The region’s banks witnessed a moderate recovery last year with continued overall gains expected for 2012.
Gold rose above $1,660 an ounce on signs that the US Federal Reserve is likely to launch monetary stimulus soon.
Higher GCC banking profitability was driven by improvement in margins, faster asset expansion and expanding fee income in 2011.
The top 50 banks’ consolidated assets grew by a higher 9.1 per cent in 2011 to $1.2 trillion, compared to 6.8 per cent in 2010 and four per cent in 2009.
The country made a formal loan request to the International Monetary Fund during a visit to Cairo by IMF chief Christine Lagarde.
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.
With a market capitalisation of around $623 billion, the tech giant is now the world’s most valuable public firm.
Banks in the region are benefiting from high profit margins and government support, says new report.
Abdel Shoman, chairman of Jordan-based Arab Bank, reportedly resigned after a disagreement with key shareholders.
Hikma Pharmaceuticals delivers a strong first half performance in 2012.
Regional dairy producer is approaching the international market and commencing production of camel milk products.
The UAE, Saudi Arabia and Qatar have all told their residents to leave the country amid threats of kidnappings.
The Egyptian investment bank posted a net profit of $4.4 million as revenues from its brokerage operations declined.
A Malaysia-based association of Islamic scholars is planning to develop a global code of ethics to improve standards in the industry.
Standard Chartered may have settled its Iran regulatory dispute for $340 million but investors remain wary.
Brent oil futures ended at a fresh three-month high on Tuesday as strong US retail sales, tighter North Sea crude supplies and speculation about economic stimulus outweighed weak euro zone data
Gulf Business brings you a list of the tallest towers from across the world.
The Dubai-based airline will begin operating flights to Tripoli from October 29.
The Aden refinery resumed production after halting operations for nine months because of attacks on the country’s main oil pipeline.
Gold edged up on Monday, extending its winning streak into a seventh session as expectations rose of more stimulus measures from central banks around the world.
Two of Cairo’s most highly-ranked generals have been told to step down from their positions, on orders of the president.
Sales and marketing managers take home the region’s highest pay packets