Bank Nizwa, the country’s first Islamic bank, will be listed on the Muscat Securities Market on June 12.
The forecast for Middle Eastern economies has improved since the start of the year, said ICEAW.
Companies have returned to pre-recession levels of CEO turnover, suggesting outlooks are stronger.
The country is ranked 19th in the World Economic Forum’s Global Enabling Trade Report this year.
Investors have accused the company of hiding weakened growth forecasts ahead of its $16 billion IPO.
A new report states that 20 per cent of MENA banks need capital to meet the Basel III banking requirements.
Real estate projects in Qatar are not yet seeing an interest from global investors, say industry experts.
The Gulf state plans to issue the bond in the second or third week of June, a central bank official said.
UAE telecoms operator Etisalat will reduce international call tariffs from the second half of 2012.
The Kingdom’s defence ministry will be buying military aircraft from UK defence company BAE.
The OECD has warned that a worsening of the crisis could have “serious consequences” for the global economy.
Egyptians begin voting to elect their president in a poll believed to be the country’s first independent one.
As Cityscape Qatar begins, experts say that despite oversupply in the market, demand is catching up.
A new study shows family businesses are investing more in their corporate assets than their personal ones.
Saudi Arabia’s spending is on track as the Kingdom has seen limited impact from the Eurozone fallout.
The Abu Dhabi National Energy Company (TAQA) is studying energy investments in Turkey.
Journalists in the Kingdom have to be accredited by the Saudi Journalists Association, the Cabinet has said.
Digital Domain Media Group is opening up an animation and visual effects studio in Abu Dhabi’s twofour54.
The airport retailer has increased the size of its loan facility because of high demand, an official has said.
Gulf Business rounds up ten indicators that show that the emirate is back on the growth trajectory.
Four banks have been chosen as advisors for the proposed merger been Aldar and Sorouh, according to sources.
Gulf sovereign wealth funds are reducing international investment and focussing on the region, says a new study.
The contract will be an oil and gas project to build a pipeline in Basra, said the company’s CEO.
Mounting concerns around a Greek exit from the Euro have dampened Gulf economic sentiment.
The fund, launched by NBAD and Khalifa Fund for Enterprise Development, targets Emirati entrepreneurs.
The country’s non-oil trade increased to Dhs927.7 billion in 2011, according to official statistics.
Financing has been secured for the new project on Dubai’s Palm Jumeirah, said Nakheel’s chairman.
The UAE government will settle the personal loans of citizens whose debts are less than Dhs5 million.
The Gulf State plans to increase crude production by 30,000 barrels per day this year.
The social networking site’s IPO fizzled out on day one, dampening high expectations and expert predictions.