The Abu Dhabi-based airline announced that it will operate daily flights to Sao Paulo from June next year.
Despite oil prices falling below $100 a barrel, Saudi Arabia will not cut supplies anytime soon, say experts.
Passenger demand in the region grew 16 per cent year-on-year in April, according to the IATA.
Abu Dhabi Islamic Bank’s UK branch, located in an upscale development, hopes to target wealthy Gulf clients in Britain.
Crude oil prices dropped to nearly $100 per barrel fueled by fears about the Eurozone crisis.
The social networking site has opened an office in Dubai to try and boost advertising revenues from the region.
The Facebook CEO has lost $1.5 billion in the last five days, losing his spot among the world’s 40 richest people.
A preview to Bruce Dickinson’s exclusive interview with Gulf Business, discussing airlines and the Middle East.
The Kingdom has warned its citizens not to travel to Yemen due to increasing insecurity in the country.
Exclusive: Utility company International Power-GDF Suez does not face market concentration in the ME.
Prince Alwaleed’s Kingdom Holding Company will retain its stake in the Fairmont San Francisco Hotel.
The Muslim Brotherhood and an ex-PM have secured the most votes in the first round of Egypt’s presidential elections.
The forecast for Middle Eastern economies has improved since the start of the year, said ICEAW.
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.
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.
Digital Domain Media Group is opening up an animation and visual effects studio in Abu Dhabi’s twofour54.
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.
The social networking site’s IPO fizzled out on day one, dampening high expectations and expert predictions.
The social networking site reportedly plans to float an additional 85 million shares in its IPO.
A fall below that level will lead to a cut in Saudi’s oil output and force high-cost oil projects to shut down.
Europe has the “capacity and the will” to overcome its current crisis, says the White House.
Passengers travelling with the airline will now be able to make and receive calls on their mobile phones.
A joint venture between US-based Paladin Capital Group and Invest AD plans to launch a $100 million MENA fund.
Poorly maintained offices are proving very expensive for businesses in the region, according to a new survey.
Chinese firm Chinamex is building a multi-million-dinar Chinese-themed retail shopping mall in Manama.
Qatar Investment Authority has reportedly acquired between three to five per cent of oil major Royal Dutch Shell.
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