Over 20 government officials and private executives from Oman’s oil industry are accused of offering or accepting bribes in exchange for contracts.
Having lagged behind its regional peers due to political and socio-economic issues is Kuwait ready to awaken from its slumber?
SABB attributed its profit rise to higher operating income.
Kuwait’s oil minister Ali al-Omair said the OPEC member targets 3.5 million barrels per day capacity by 2015.
Shezanne Cassim, 29, was sentenced to a year in prison in April over a “mockumentary”.
Criminal and civil allegations claimed officials were bribed for years to accept the supply of raw materials from Alcoa.
A 75-year partnership with ExxonMobil, Royal Dutch Shell, Total and BP expired on Friday.
Abbas Yazdi, a 44-year old businessman, went missing in Dubai in June.
With a new leader at the helm and the emirate’s gas boom coming to an end, can Qatar maintain its economic and political momentum?
Dubai Mercantile Exchange CEO, Christopher Fix, is looking to establish DME Oman as the price benchmark for Middle East crude heading East
The Kingdom kept production in November at steady levels from October when it cut output.
Broadmeadow Healthcare International will deliver elderly care services through partnerships with local government agencies.
Ahmed al-Qassim was a director of investment banking at Emirates NBD.
VOX Cinemas has launched 4DX enabled sensory cinemas at Mirdif City Centre and Deira City Centre.
Dubai-linked airline recently announced the loss of 1,000 jobs.
Victory Heights handed over 75 per cent of its phase one villas in 2010 as Dubai recovered from a property crash.
Marriott’s latest Dubai property has short-stay executives and long-stay contract workers firmly in its sights
The breakdown raises the prospect of more political instability in the country.
The UAE restaurant chain has signed five area franchise agreements with different partners across North America.
The bank’s net profit for the quarter was boosted by a 22 per cent jump in total operating income to 671.1 million riyals.
A current deal with ExxonMobil, Royal Dutch Shell, Total and BP expires on January 11.
Moody’s assigned an A3 government bond rating to the Sharjah government on Wednesday, while Standard & Poor’s rated it A.
Sultan, who was previously the chairman and managing director, will take up the position of deputy chairman.
Saudi Arabia’s third-largest lender by assets saw Q4 profit grow as income rose and expenses declined.
The Muscat governorate recorded the highest average household income of $3,789 per month.
Roberto Colaninno said in October he would step down after a 300-million-euro capital increase, completed at the end of December.
FIFA backtracks on comments made by secretary general Jerome Valcke that the 2022 World Cup in Qatar would not be played in the summer.
Construction, banking, travel and hospitality are sectors that will witness a rise in hiring activity.
Knowledge of Arabic can provide job seekers with flexibility in the UAE’s competitive market but it will not trump skill and experience, experts say.
The Saudi firm might instead focus on tying up term contracts on a free-on-board basis with sellers like India’s Reliance Industries.