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.
Ahmed al-Rujaib steps down from social affairs and labour post just one month after finance minister left.
Arqaam Capital says that the regional corporate bond market will also grow substantially by 2014.
Former Egyptian president Hosni Mubarak is in a critical condition and needs urgent care, his lawyer has said.
Concerns about the Eurozone debt crisis pushed crude oil prices towards its lowest so far this year on Tuesday.
Regional airlines are expected to see profits drop in 2012 because of the Eurozone crisis, says IATA.
The UAE city has ranked as the safest place in the Middle East to do business, and 29th in the world.
Dubai Properties Group’s new board will set up its long-term business strategy and oversee implementation.
The $125 billion aid package received by Spain to boost its banks has revived oil demand hopes.
The UAE’s revenues rose 41 per cent to Dhs440.1 billion in 2011, mainly due to high oil prices, said IMF.
The International Monetary Fund has warned of the repercussions the Euro crisis could have on the Gulf.
The decision to lend Spain $125 billion should boost GCC markets at the start of the week, says Mashreq.
Eurozone ministers have agreed to lend the amount to help Spain revive its struggling banks.
The Indian budget carrier will have direct daily services connecting Delhi and Mumbai to Dubai.
The African country has invited the UAE to invest in industries relating to oil and gas exploration.
The Kingdom pumped 9.8 million barrels per day last month, down 300,000 bpd from April.
The stock exchange will pay $40 million to investors hit by technical glitches during Facebook’s IPO debut.