Dubai’s flagship airline is looking at plans to lease aircraft in a deal with DNA2 and Goldman Sachs.
The Suisse bank returns to court today in lawsuit over alleged failure of payment in $10.7 billion Zain deal.
The Canadian hotel operator announced that it will open its first resort in Dubai by mid-2014.
Former Egyptian president’s health has deteriorated and is on life support as his aides deny he was ‘clinically dead’.
The retail and hospitality conglomerate moves into the healthcare industry with the launch of medical clinics.
Latest study shows the effects of the political and social unrest on the economies of the GCC.
Oil prices briefly fell below $95 a barrel on Tuesday on Eurozone worries, but bounced back again.
The amount will be partly used to construct a fuel pipeline from Jebel Ali to the Dubai Airport.
UAE contractor Drake & Scull International has secured a series of MEP contracts in Oman.
The Qatar-based telecommunications firm promotes Ahmed Al-Derbesti to chief operating officer.
The appointment of Prince Salman as heir apparent in Saudi Arabia may lift the markets temporarily.
The rating agency has cut the bank’s Middle Eastern arm’s rating from BBB+ to BBB, due to flat NPL ratio.
The world’s biggest social network acquires the company behind the ‘tagging’ of photos for $60 million.
Kuwait’s ruler has suspended the parliament for one month amidst rising political tension in the country.
The Gulf state is starting investor meetings this week for a planned dollar-denominated bond issue.
The Islamic mortgage lender picks ADCB, Emirates NBD and UBS for meetings on asset-backed Sukuk.
The pro-bailout party has won the elections in Greece, ensuring that the country stays within the Eurozone.
The Dubai-based airline announced that it has repaid its Islamic bond on maturity date.
Mohamed Morsy’s Muslim Brotherhood party gives a breakdown of the votes as they claim victory.
Crown Prince Nayef’s funeral was attended by members of the al-Saud ruling family and heads of Arab states.
Voters go to the polls for the second day as the country decides its first new president since Mubarak.
Heir to the throne Crown Prince Nayef bin Abdulaziz al-Saud has passed away outside the Kingdom.
Deflation in the emirate reduced to 1.2 per cent last month, mainly driven by a weak housing market.
Country will not become the next Greece, says Her Excellency Cecilia Meireles, Portugal’s Minister of Tourism.
The new route could increase the number of tourists from the UAE to Portugal to more than 100,000.
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.
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.
Abu Dhabi is the world’s fastest growing destination while Dubai tops the popularity list in the ME.