Billionaire investor George Soros warns European authorities to act quickly or risk the Euro collapsing.
The European lender has received approval to merge its Omani business with Oman International Bank.
Abu Dhabi Islamic Bank’s UK branch, located in an upscale development, hopes to target wealthy Gulf clients in Britain.
A preview to Bruce Dickinson’s exclusive interview with Gulf Business, discussing airlines and the Middle East.
Exclusive: Utility company International Power-GDF Suez does not face market concentration in the ME.
The Kingdom’s defence ministry will be buying military aircraft from UK defence company BAE.
The OECD has warned that a worsening of the crisis could have “serious consequences” for the global economy.
Gulf sovereign wealth funds are reducing international investment and focussing on the region, says a new study.
Europe has the “capacity and the will” to overcome its current crisis, says the White House.
Passengers travelling with the airline will now be able to make and receive calls on their mobile phones.
Abu Dhabi shelled out close to $1 billion on Manchester City’s Barclays Premier League title, writes Neil Churchill
The Gulf carrier reduced its Airbus A350 order, cancelling aircraft worth $2.3 billion at current list prices.
UK defence firm BAE is close to signing a deal to sell up to 30 Hawk aircraft to Saudi Arabia, according to reports.
The airport is increasing measures to cater to the rising number of visitors from the Gulf.
Last year, 80 per cent of the Gulf travellers visited the German city for medical reasons.
London’s Heathrow Airport found that Saudi visitors were the Middle East’s biggest spenders in 2011.
The threat of a severe Europe crisis has passed, but more needs to be done to ease the situation, said Julius Baer.
Abu Dhabi’s investment fund Aabar is reportedly looking to exit its its stake in the German carmaker.
The UAE is the world’s second most popular country for global retailers, according to property adviser CBRE.
The Kingdom stressed that it has not signed any deal with Sweden to help build a weapons factory in Saudi.
The Kingdom also slashed its crude prices for Europe, as oil demand weakens.
The daily deals website has been facing increasing criticism from customers and investors across the world.
The British defence contractor said that it had signed a contract to build 48 Typhoon aircraft for the Saudi Arabian air force.
The UAE-based healthcare provider listed its shares on the London Stock Exchange.
The acquisition includes the retail, commercial and corporate banking businesses of Lloyds in the country.
Interestingly, visitors from Russia were the biggest spenders in the UAE during the Dubai Shopping Festival, according to Visa.
The International Energy Agency has warned that if crude oil prices don’t fall, oil import bills may soar to record levels this year.
Britain is reportedly holding talks with Abu Dhabi to sell a part of its stake in Royal Bank of Scotland.
The internet contributes more to the UK economy than any G20 country.
More than two million people left their MENA homes due to the 2011 unrest.