The bank dropped almost 35 million riyals in the second quarter in comparison to the same period last year.
Farnborough Air Show: Airplane leasing company orders 20 of Boeing’s single-aisle 737 MAX 8s for the Gulf.
Farnborough Air Show: British defence company plans new $10 billion UAE jet deal with Eurofighters.
Farnborough Air Show: Two Premiership football teams have asked for sponsorship from the Doha carrier.
Farnborough Air Show update: The Doha-based carrier unveils new 787; Boeing and Airbus battle.
Five-star luxury resorts, marinas and a sports academy are planned for Ras Al Hadd following agreement.
Abu Dhabi’s National Petroleum Construction Co and French Technip to build offshore oil facilities.
Booming revenues from liquefied natural gas will assist the country’s infrastructure revamp.
SWF Mumtalakat, which has shares in the airline, made a net loss of $717.68 million last year.
Gross domestic product figures carry momentum from 2011 despite the potential woes of a global recovery.
Latest report from Asteco shows villa rates up four per cent as demand outstrips supply.
Government reminds retailers and suppliers not to raise food prices ahead of Ramadan and iftars.
Egypt’s new President will make his first official visit to the Kingdom this week to meet King Abdullah.
Saudi Arabia’s dairy producer and property developer both reveal an increase in net profit for the second quarter.
Analysts expect Kuwait’s ruler to dissolve the parliament in order to allow fresh elections later this year.
The global technology firm plans to increase regional hiring and open more offices in a major expansion drive.
The Dubai airport retailer will use funds from the international credit facility to finance on-going expansion.
Analysts are not revising share price forecasts following a surge in banking shares after mortgage law approval.
Slowing deposit growth means Qatari banks need other sources to avoid funding issues.
The $500 million Sukuk, EIB’s second issue this year, is priced at par and is due to mature in January 2018.
First half revenues for Abu Dhabi’s airline are up 30 per cent as passenger numbers soar to almost five million.
Total deposits in the country decreased by 1.2 per cent during the month to close at Dhs1.1 trillion.
Qatar Holding is planning to open Harrods branded hotels in Malaysia, Paris and New York.
The country has called for a closer relationship with Egypt as it begins a new era under President Mursi.
New foreign partners, mainly from the Far East, are being targeted as stakeholders of the future.
Abdul Aziz Al Ghurair is the man behind Mashreq, the UAE’s largest privately owned bank. In a rare interview he opens up to Alicia Buller on the greed culture that engulfed the UAE’s banks and lurched the industry into crisis.
Qatar Airways is keen to launch an airline in the Kingdom, but is worried about excessive fuel charges.
UAE-based business has teamed up with global enterprise MSD to target cardiovascular diseases.
The Dubai-based port operator sold its 60 per cent stake to Australian firm Flinders.
Eissa Al Suwaidi has been appointed as the new head of the UAE telecoms company, replacing Mohammad Omran.