Apple’s third generation iPad is finally available in select locations across the UAE.
The Dubai developer also said that its funding needs have eased, and that it has no plans to renew talks with Aabar for a stake sale.
The Kingdom’s oil exports rose 143,000 barrels per day in January compared to December, according to the Joint Data Initiative.
The Abu Dhabi property developer, which is eyeing a possible merger with Aldar, replaced its chairman last week.
F1 boss says there won’t be violence at Bahrain race and protests should be peaceful.
The regional unrest will continue to dampen investor confidence in the Middle East this year, according to a survey by the CFA Institute.
The strike caused by the carrier’s employees over a pay hike led to the cancellation of 10 flights within a four-hour period.
The central bank has instructed lenders to find means of reducing the debt burden of UAE nationals.
While banks in the region are returning to pre-crisis levels of profit, they have to improve efficiency, says AT Kearney.
The Tunisian government has set up a working group with Islamic finance experts to study its development in the country.
The merger talks between the two Abu Dhabi-based developers are in compliance with corporate governance, a senior official has said.
The International Monetary Fund said that the UAE’s GDP growth would be moderate this year as economic recovery continues.
The region has witnessed a growing shift towards the wellness experience.
Emirates NBD requests withdrawal of Dubai Bank’s Fitch and Moody’s ratings.
Investment in the GCC’s aluminium industry has reached $14 billion to date.
The Abu Dhabi Securities Exchange has denied reports that it’s going to investigate trading patterns of Aldar and Sorouh.
The Bahraini investment company has acquired a portfolio of properties in the San Francisco Bay Area for $65 million.
According to sources, the UAE-based bank is planning to let go of its employees to cut costs. The bank has refused to comment.
The global software firm is planning to hire 500 new employees and open more offices in the region.
Qatar Petrochemical Company has awarded construction contracts worth QR604 million to expand its ethylene plant.
Government-owned Dubai Group is currently reviewing the potential sale of the Manhattan-based property.
The region’s hydrocarbon reserves account for almost a third of the world’s reserves, says QNB Capital.
The bank has reportedly applied for a full commercial banking licence to expand its operations in the kingdom.
The UAE-based property developers are discussing ways to merge in a government-backed tie-up.
Kuwait’s sovereign wealth fund has obtained approval to initially invest up to $300 million in China’s securities market.
The kingdom’s annual inflation rate reached a 14-month high in February mainly because of increasing food and housing costs.
The emirate will not stop issuing new hotel licenses as previously reported by local media, but will be selective in the number it grants.
More than 1.5 million tourists visited the emirate last year, and the city is putting in several efforts to attract more visitors in the future.
Despite demand worries, OPEC oil production reportedly reached 30.97 million bpd in February, the highest since November 2008.
The region’s representatives on Forbes’ annual list of the World’s Billionaires have a combined net worth of $65.4 billion.