Government reminds retailers and suppliers not to raise food prices ahead of Ramadan and iftars.
Egypt’s new President will make his first official visit to the Kingdom this week to meet King Abdullah.
Saudi Arabia’s dairy producer and property developer both reveal an increase in net profit for the second quarter.
PwC’s annual survey shows Middle Eastern businesses have continued confidence in the region.
Analysts expect Kuwait’s ruler to dissolve the parliament in order to allow fresh elections later this year.
The global technology firm plans to increase regional hiring and open more offices in a major expansion drive.
The Dubai airport retailer will use funds from the international credit facility to finance on-going expansion.
The $500 million Sukuk, EIB’s second issue this year, is priced at par and is due to mature in January 2018.
The Gulf States account for 14 per cent of the total deposits in the island, according to official data.
The international hotel operator plans to open one hotel in Cairo and a resort in Alexandria.
Total deposits in the country decreased by 1.2 per cent during the month to close at Dhs1.1 trillion.
Qatar Holding is planning to open Harrods branded hotels in Malaysia, Paris and New York.
The country has called for a closer relationship with Egypt as it begins a new era under President Mursi.
Qatar Airways is keen to launch an airline in the Kingdom, but is worried about excessive fuel charges.
The Dubai-based port operator sold its 60 per cent stake to Australian firm Flinders.
Eissa Al Suwaidi has been appointed as the new head of the UAE telecoms company, replacing Mohammad Omran.
The long-awaited mortgage law is expected to help solve the Kingdom’s critical housing problem, say experts.
Al Nabooda, the distributor of Porsche, Audi and Volkswagen in Dubai, plans major investment push.
The Gulf state is reportedly setting up two companies through an official decree to issue the Islamic bonds.
Most employees in the MENA region miss work because of low satisfaction and lack of responsibility, says survey.
UAE exchanges say there is still no clarity regarding the Indian government’s proposed service tax on remittances.
The country plans to boost government spending by 27 per cent to $49 billion for the fiscal year that began in April.
Average apartment rents increased six per cent and villa rents rose nine per cent in Q2 2012, says Asteco.
Four IPOs, valued at over $1.1 billion were issued in the GCC during the second quarter of 2012.
Shareholders of Capital Management House, Capivest and Elaf Bank approve the three-way merger.
The number of guests in the emirate’s hotels reached 192,374 during May this year, official statistics show.
A momentous day marks the dawn of a new era for Egyptian politics as Mursi is handed power.
The airline will fly 73 extra flights to Jeddah and Medinah Al Munawarrah from July 20 to September 1.
The UAE city is ranked as having the most transparent real estate market in the MENA region.
The oil giant signs agreement to sell its Vela marine unit to Saudi National Shipping Company.