DIFC Investments raised money through a syndicated facility to help repay the Islamic bond.
The country has begun an urgent recruitment drive to source thousands of new doctors.
The deadly blaze in a shopping mall in Doha last month killed 19 people, including 13 children.
Kuwait Investment Authority is reportedly planning to invest in Malaysia’s IHH Healthcare’s $2 billion IPO.
Officials say new laws are needed to prevent misuse of social networking tools in the country.
Tunisia’s ousted president has been sentenced to jail in absentia for inciting violence and murder.
Luxury retailers in the emirate are hiring Cantonese and Mandarin speaking staff to cater to Chinese visitors.
Officials have confirmed that expatriate residents need to provide tenancy contracts and utility bills to renew visas.
Camelicious’ umbrella company has revealed huge growth in sales since its inception.
The seven-year Islamic bond was launched at a profit rate of seven per cent, arranging banks said.
Beirut beats Abu Dhabi to reach the regional top spot on Mercer’s global cost of living study.
The Kingdom’s cabinet has approved authorities to hold discussions with Turkey for a joint electricity grid.
Arqaam Capital says that the regional corporate bond market will also grow substantially by 2014.
Former Egyptian president Hosni Mubarak is in a critical condition and needs urgent care, his lawyer has said.
Concerns about the Eurozone debt crisis pushed crude oil prices towards its lowest so far this year on Tuesday.
Regional airlines are expected to see profits drop in 2012 because of the Eurozone crisis, says IATA.
Dubai Properties Group’s new board will set up its long-term business strategy and oversee implementation.
The UAE’s revenues rose 41 per cent to Dhs440.1 billion in 2011, mainly due to high oil prices, said IMF.
The decision to lend Spain $125 billion should boost GCC markets at the start of the week, says Mashreq.
The Indian budget carrier will have direct daily services connecting Delhi and Mumbai to Dubai.
The African country has invited the UAE to invest in industries relating to oil and gas exploration.
The Kingdom pumped 9.8 million barrels per day last month, down 300,000 bpd from April.
Qatar posted a surplus of QAR5.1 billion in the third quarter of its 2011/12 fiscal year.
As world markets rally to Spain’s bond sale the Gulf region sees shares and oil improve.
Trading volumes at the Dubai Gold and Commodities Exchange amounted to $32.67 billion in May this year.
New report shows the region has the highest proportion of offshore wealth in the world and many HNWIs.
Exclusive: Eros, Samsung’s UAE distributor, says that the brand will soon lead the country’s mobile market.
The Kingdom’s GDP growth during the first quarter of 2012 reduced slightly compared to the fourth quarter of last year.
Exclusive: Palestine’s largest bank to launch Dubai office in 2013 to serve 200,000 Palestinians.
The company currently produces around eight million tonnes of liquefied natural gas a year.