Nakheel’s 9-Month Profit Nearly Doubles

The first three quarters of the year sees further recovery for Dubai’s debt-laden property developer.

Middle East Begins To Embrace Cloud

Companies in the region have begun to make the transition to adopt cloud computing, say experts.

Qatar 2022 – Will They Make It On Time?

Senior spokespeople confirm that Qatar will meet its construction deadline for the World Cup.

Qatar Applies For Formula 1 Licence

The tiny Gulf state is looking to host pre-season testing and eventually its own grand prix at its Losail Circuit.

Abu Dhabi Property Value Falls 6.8% In Q3 2012

Abu Dhabi’s residential real estate market was stagnant in Q3 2012 as the emirate deals with new incoming supply, but industrial growth will be strong

Bank Dhofar Q3 Net Profit Down

The Omani lender has missed market expectations as it posts a third-quarter profit drop compared to last year.

Saudi Telecom Q3 Profit Up 25%

STC reports jump in third-quarter profit due to growth in broadband but still misses market expectations.

Top 10 Trends At Gitex 2012

Gulf Business provides a round up of the Middle East’s biggest ICT event.

Top 15 Tips To Save Energy

Gulf Business outlines some of the best ways to build a more energy efficient environment at the work place.

Egypt’s IT Sector Plans 20,000 New Hires In 2013

The country’s IT sector aims to post double digit growth rates by the end of next year, says Egypt’s Communications and IT minister.

ADNOC To Offer Cleaner Diesel Fuel For 2013 Term Contract

The move would make ADNOC the first Middle Eastern producer to export ultra-low sulphur diesel outside the region.

Qatar Airways CEO – UK Needs Airport Capacity To Avoid Catastrophe

Akbar Al Baker said London’s Heathrow airport has already reached a “critical point.”

Kuwait Sets Oil Well On Fire After Gas Leak

No one was injured in the gas leak accident, said state news agency KUNA.

LIVE at Gitex 2012

Gulf Business reports live from MENA’s biggest ICT event.

Lenovo Sees 46% Q3 Growth In UAE Marketshare

The company is planning to launch new PCs and tablets later this year and expand regional presence.

Obama Puts Romney Right On Libya Issue

The 2nd US presidential debate was a more evenly matched affair than the first, with Obama just edging it.

Abu Dhabi Islamic Bank Posts 3% Rise In Q3 Profit

The lender made a profit of Dhs328.5 million during the third quarter of the year.

Gitex: Kaspersky Plans Security Software For Nuclear Plants

The system is at the prototype stage, and the Moscow-based company is in talks with government bodies.

Zain Saudi In Advanced Loan Talks As Q3 Net Loss Widens

The telecoms operator said net loss widened by two percent because of lower revenues.

The Rapid Rise Of Budget Tablets

Bargain-bucket tablets are quickly outselling laptops in the UAE, say retailers.

Dubai Bourse Targets Oil Buyers, Region’s Banks

The Dubai Mercantile Exchange plans to shift its focus away from national oil companies, said its new CEO.

Bahrain’s Batelco Seeks Majority Stakes In Foreign Units

Batelco currently owns Jordanian operator Umniah and 27 per cent of Yemeni mobile firm Sabafon.

Top 10 Cars Driven By CEOs

Gulf Business checks out the high-powered wheels driven by those who sit in the corner office.

Saudi Aramco To Spend $35bn On Oil Supply Cushion To 2017

Saudi Aramco has been pumping around 10 million barrels per day for most of this year.

Gitex: Cyber Crime Is Massive Regional Threat, Warn Experts

Lack of awareness about IT security in the region is leading to a rise in online criminal activity, say experts.

Gitex: Microsoft To Launch Arabic Enabled Phone

World famous tech brand is to also launch its new Windows 8 software on October 26, with an exclusive local launch in Dubai.

Emerson Plans $25m Investment In Saudi

The global technology company plans to build an innovation centre in the Dhahran Techno Valley.

Gitex: STC Announces Wikipedia Partnership

The Saudi telecom giant has also revealed details of a new collaboration with Hilton Hotels.

Al Rajhi Bank’s Profit Falls On Higher Costs

The Saudi lender said that third-quarter net profit dropped 3.5 per cent from last year to SAR1.87 billion.

UAE Telco Etisalat Will Not Exit Foreign Markets- CEO

The telecommunications firm operates in 17 countries in Africa, Asia and the Middle East.