Official statistics reveal that local tourism in the Kingdom will grow five per cent during summer this year.
A new survey finds that most landlords in Dubai now allow tenants to pay in two or four cheques.
Qatar Telecom will pay $1.47 billion to increase its stake in Iraqi operator Asiacell to 60 per cent.
The Islamic finance industry needs to create new and diverse products to grow, says Noor CEO Hussain Al Qemzi.
The American computer giant has warned Middle East PC users of the virus penetrating the region.
English speakers in the region can earn three times more than those who don’t speak the language, says study.
Abu Dhabi-based Etihad buys a four per cent stake in the Australian airline for an undisclosed price.
Dubai-based Emirates Airline has begun a non-stop daily flight service to Ho Chi Minh City.
The country has signed a ‘permanent headquarters’ agreement with the renewable energy agency.
The UAE’s GDP will grow at around three per cent this year, the country’s economy minister has said.
DIFC Investments has secured a five-year syndicated loan to repay its Sukuk maturing this month.
The Kingdom has approved municipal projects worth SAR1 billion to be implemented across the country.
The European lender has received approval to merge its Omani business with Oman International Bank.
The Abu Dhabi-based airline announced that it will operate daily flights to Sao Paulo from June next year.
Despite oil prices falling below $100 a barrel, Saudi Arabia will not cut supplies anytime soon, say experts.
Over 1.2 million travellers passed through the Abu Dhabi International airport during April 2012.
The Dubai-based developer’s first-quarter revenue rose 159 per cent to Dhs1.35 billion in the first quarter of the year.
The loan will be partly guaranteed by the Dubai government, according to sources.
Passenger demand in the region grew 16 per cent year-on-year in April, according to the IATA.
Abu Dhabi Islamic Bank’s UK branch, located in an upscale development, hopes to target wealthy Gulf clients in Britain.
Gulf Business rounds up the top IPOs issued in the region in terms of capital raised, as revealed by Ernst and Young.
The social networking site has opened an office in Dubai to try and boost advertising revenues from the region.
Five management staff from the Villagio Shopping Mall have been detained over the incident that killed 19 people.
Kuwait’s Global Investment House saw its net loss narrow to $39.3 million in the first quarter of 2012.
The ministry of labour has said that outdoor workers will get a two and a half hour midday break from June 15.
A day after a shopping mall blaze killed 19 people, two more fires have broken out in the country.
The Kingdom has warned its citizens not to travel to Yemen due to increasing insecurity in the country.
The five-year plan will fund the expansion of the Saudi Arabian dairy company and boost its product innovation.
Improving tourism and strong trade flows helped the emirate’s GDP reach Dhs306.2 billion last year.
Freeing up spectrum for Saudi’s telecoms operators may add $95.5 billion to the economy by 2025, said GSMA.