The retail and hospitality conglomerate moves into the healthcare industry with the launch of medical clinics.
Latest study shows the effects of the political and social unrest on the economies of the GCC.
Oil prices briefly fell below $95 a barrel on Tuesday on Eurozone worries, but bounced back again.
The amount will be partly used to construct a fuel pipeline from Jebel Ali to the Dubai Airport.
UAE contractor Drake & Scull International has secured a series of MEP contracts in Oman.
The UAE ranks highest in the region for global retail expansion, says a report by A.T. Kearney.
The appointment of Prince Salman as heir apparent in Saudi Arabia may lift the markets temporarily.
The rating agency has cut the bank’s Middle Eastern arm’s rating from BBB+ to BBB, due to flat NPL ratio.
Kuwait’s ruler has suspended the parliament for one month amidst rising political tension in the country.
The Gulf state is starting investor meetings this week for a planned dollar-denominated bond issue.
The pro-bailout party has won the elections in Greece, ensuring that the country stays within the Eurozone.
The Dubai-based airline announced that it has repaid its Islamic bond on maturity date.
Mohamed Morsy’s Muslim Brotherhood party gives a breakdown of the votes as they claim victory.
Voters go to the polls for the second day as the country decides its first new president since Mubarak.
Deflation in the emirate reduced to 1.2 per cent last month, mainly driven by a weak housing market.
Country will not become the next Greece, says Her Excellency Cecilia Meireles, Portugal’s Minister of Tourism.
DIFC Investments raised money through a syndicated facility to help repay the Islamic bond.
The country has begun an urgent recruitment drive to source thousands of new doctors.
The deadly blaze in a shopping mall in Doha last month killed 19 people, including 13 children.
Kuwait Investment Authority is reportedly planning to invest in Malaysia’s IHH Healthcare’s $2 billion IPO.
Officials say new laws are needed to prevent misuse of social networking tools in the country.
Abu Dhabi is the world’s fastest growing destination while Dubai tops the popularity list in the ME.
Tunisia’s ousted president has been sentenced to jail in absentia for inciting violence and murder.
Luxury retailers in the emirate are hiring Cantonese and Mandarin speaking staff to cater to Chinese visitors.
Officials have confirmed that expatriate residents need to provide tenancy contracts and utility bills to renew visas.
Camelicious’ umbrella company has revealed huge growth in sales since its inception.
The seven-year Islamic bond was launched at a profit rate of seven per cent, arranging banks said.
Beirut beats Abu Dhabi to reach the regional top spot on Mercer’s global cost of living study.
The Kingdom’s cabinet has approved authorities to hold discussions with Turkey for a joint electricity grid.
Political uncertainty has resulted in economic uncertainty for the country as markets drop.