Pampered Young Kuwaitis Are Restless For More

Despite the many benefits that accrue to all Kuwaitis, thousands are dissatisfied.

Kuwait Could Ban 100,000 People From Travel

Residents who have not paid their dues to the state may be banned from travelling abroad.

Dubai October Passenger Traffic Jumps 14.3%

The airport, one of the world’s busiest, handled 4.92 million passengers in October.

Saudi Postpones Awarding New Aviation Licenses

The Kingdom has said that it needs more time to award the winning bids, which were expected to be announced by November-end.

Zain Saudi Extends $2.4bn Loan For 5th Time

The telecoms operator has postponed the maturity date of the murabaha facility to December 19.

Dubai Says Funds Available For Mega Projects

A senior Dubai government official says the UAE has adequate funds to build its multi-billion dollar projects.

Revealed: Top 10 Companies In Kuwait

Kuwait’s corporate sector experienced a recovery in 2012.

Dubai Goes Back To The Future

Mega hotels, theme parks and grandiose announcements – does this remind you of anything?

EXCLUSIVE: Noor CEO: UAE Rule On Lending “Challenging”

Hussain Al Qemzi says that it’s not easy to adhere to the central bank’s regulations on lending to GREs.

Revealed: Top 10 Companies In Bahrain

Firms in the banking and financial sector lead the list of the top companies in Bahrain.

TAQA Buys BP’s UK Assets Worth $1.3bn

The deal comes weeks after British Prime Minister David Cameron’s visit to the UAE.

Saudi Diplomat Shot Dead In Yemen

The assistant military attache at the Saudi embassy and his bodyguard were fired upon in their car.

Five QInvest Senior Managers Leave After CEO Departure

Former CEO Shahzad Shahbaz left the Qatari investment bank last week.

Abu Dhabi’s IPIC To Raise $2.9bn In Bond

International Petroleum Investment Company (IPIC) plans to issue a dual-curency bond spread across two tranches.

‘UAE Economy Strong’ – Central Bank Governor

Sultan bin Nasser Al Suwaidi says that the banking sector in the country has stabilised and lenders have a solid capital base.

Revealed: Top 10 Companies In The UAE

The biggest businesses in the United Arab Emirates.

UAE Best Arab Country To Be Born In, Sheikh Mohammed Tweets

The Gulf country came 18th in the Economist Intelligence Unit’s global list of the best countries to be born in.

UAE’s Etisalat Backs Saudi Unit After SIM Ban

Etisalat’s Saudi unit, Mobily, has been banned from selling pre-paid SIM cards by the Kingdom’s regulator.

Revealed: Top 10 Companies In Oman

Banks form the majority of the top companies in the Gulf State.

Kuwait Finance House Eyes 20% Capital Hike

The potential increase will boost KFH’s capital to $1.24 billion.

Dubai’s Economy Grows 4.1% In First Half Of 2012

Booming tourism made up for the slow down in growth in foreign trade.

Samsung, Shanghai Electric Win $3bn Saudi Water Plant Deal

The new plant, called Yanbu III, will have a capacity of 550,000 cubic metres per day of desalinated water.

Revealed: Top 10 Companies In Qatar

The biggest businesses from the tiny Gulf state of Qatar.

25% Of New UAE Hotel Projects On Hold

While 21 per cent of UAE hotel projects in the pipeline have been postponed, 54 per cent are confirmed, finds new study.

Dubai Group Cuts Half Of Staff In Cost-Cutting Move

Most of the job-cuts are in back office roles such as IT, according to sources.

Dubai Plans $2.7bn Theme Park Complex

The project, to be developed by Meraas, will also include a Bollywood-themed section.

Oman Air Expects 30% Revenue Growth In 2012

The airline generated $809 million in revenue last year and expects growth to come from higher demand.

Saudi Aramco To Shut Most Of Yanbu Refinery

The joint venture energy firm plans to bring a cleaner fuel project online.

Etihad Airways To Buy Stakes In Indian Airlines

Abu Dhabi’s flagship carrier is eyeing up minority stakes in Jet Airways and SpiceJet.

Qatar Cashes In Remaining Barclays Warrants

Qatar Holding, the lender’s top shareholder, has monetised its remaining 379 million units.