Egypt is holing negotiations with the International Monetary Fund to get a $4.8 billion loan.
Turkey is planning to build an LNG terminal on the Gulf of Saros to meet increasing demand.
The project, located in Turkey’s Afsin-Elbistan region, is expected to start production in 2018.
More than one-in-five deaths occurred in the city of Homs, says UN-commissioned study.
Africa’s vast lands, fast economic growth and a sense of political stability are all attracting regional investors.
International banks are shrinking their regional businesses as deal activity dries up.
Abu Dhabi National Energy Co(TAQA) confirmed that production was expected to begin in 2013.
Property investment company IP Global lists the prime global locations for regional real estate investors and explains why they are attractive hotspots.
The expansion dovetails with the opening of Concourse A, the world’s first purpose-built A380 concourse, at Dubai International Airport in January
Gulf Business rounds up a list of the 20 most popular stories on our website this year.
2013 revenue projected at a conservative SAR829 bn, according to Emirates NBD, as spending on education and healthcare to increase.
The Emirates CAE Flight Training Centre services over 200 aviation clients and trains more than 10,000 pilots and technicians a year
Airline claims Lindner Depa Interiors was to build 19 airport lounges at New Doha International Airport by the summer “but failed to complete the project on time”
Attractive interest rate levels and abundant secondary liquidity in the market are expected to drive demand.
President Mohamed Mursi has enacted a new, bitterly contested constitution, which won about 64 per cent majority in a two-stage referendum.
The Indian carrier recently launched the Boeing 787 Dreamliner aircraft between Dubai and New Delhi.
Travellers going to and from the country can now carry only up to $10,000 in cash.
Asiacell will sell 67.503 billion shares at a price of at least 22 Iraqi dinars per share.
The fall in the index was led by Kuwaiti investors selling out profitable positions ahead of holidays.
The forecast deficit is 21 per cent higher than the deficit originally projected by the government for 2012.
Capital markets in the MENA region raised $2 billion in 2012, up around 134 per cent from 2011, says Ernst & Young.
Almost half of the region’s employees are planning to request a higher salary for 2013, finds new survey.
Airline partnerships and new hotel launches marked a busy year for the region’s travel industry.
The warning has been issued because of the “difficult and sensitive political circumstances in Lebanon,” says ministry.
Inter-GCC real estate ownerships rose 20.5 per cent last year, according to official statistics.
The Muslim Brotherhood said 64 per cent of voters backed the charter after two rounds of voting.
The Dubai bank will also make an offer to minority shareholders for the remaining 4.8 per cent.
The group is looking for new advisers after dropping HSBC and JP Morgan Chase.
It marks the global operator’s third property in the city, following deals for a Sheraton hotel and Four Points by Sheraton hotel earlier this year
As the White House edges closer to a resolution, investors pour cash into oil and equities.