Qatari salaries witnessed the highest increases as the tiny Emir state embarks on a rapid development plan ahead of the World Cup 2022.
The salary of an advertising creative director has jumped almost 23% in 2012
PR Directors in Oman are the top earners within the media segment, taking home nearly $8K a month
The Kingdom reportedly reduced oil output by 300,000 barrels per day from June.
The Abu Dhabi-based district cooling utility company appointed Jasim Thabet as its new chief executive officer.
The Abu Dhabi developer reported a net profit of $113.8 million in the second quarter of the year.
Qatar Airways has entered an interline agreement with Canada’s short-haul carrier, Porter Airlines.
The petrochemicals firm posted a net profit of QR2.14 billion in the second quarter of the year.
Rising administrative and contract costs lead the construction company to post a loss during the second quarter of the year.
The Kingdom boosted spending to a record SAR804 billion in 2011, 23 per cent higher than in 2010.
The Qatari sovereign wealth fund currently owns around 12 per cent of Qatar Insurance.
The Kingdom’s cabinet has given a licence to the Industrial and Commercial Bank of China (ICBC) to open one branch in Saudi.
The UAE’s largest low-cost airline saw gains from under-served routes last quarter.
Under the deal, EMD Millipore will sell recombinant human insulin manufactured by UAE-based pharmaceutical firm Julphar.
The Saudi team, which included royal family member Prince Abdullah al Saud, lost out to Britain and Netherlands in the team show jumping final.
The telecoms operator reported a net profit of around $251.58 million in the second quarter of the year.
The capital raised will be used to fund credit growth and the lender’s upcoming venture into Islamic finance.
Total bank deposits in the country fell from Dhs1.125 trillion in May to Dhs1.107 trillion at the end of June.
The Kingdom is in gold medal position as it enters the last round of the team show jumping final on Monday.
The Gulf state’s surplus for 2011/2012 was boosted by increased oil income and lower spending.
Where in Dubai should you rent or buy? What will it cost you? And is it even worth it? Read what Meghna Pant, features editor of Gulf Business has to say.
The goods seized included 5,300 television sets, 7,000 DVD players and various other devices including stereo sets, pressing irons and vacuum cleaners.
Jones Lang LaSalle and Mace will support the development of the proposed site for the 2020 World Expo in Dubai.
Saudi’s transport system may be overhauled with 30,000 monitored taxis.
The Qatari property developer made a net profit of around $163 million in the first six months of the year.
DFM’s net profit fell to Dhs10.2 million during the second quarter of the year, as revenues reduced.
Gulf Business lists the top nine property growers, including Arabian Ranches, The Springs and Palm Jumeirah.
The pharmaceutical company has seen a profit rise of 5.6 per cent for the first half of last year, with operating profit also up.
Sports committees at the Olympic Games have started removing restrictions on women wearing headscarfs during competitions.
The ban, which extends to restaurants and shopping malls, will be strictly implemented, the Kingdom’s interior minister has warned.