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Cuts will be to operational and administrative costs only – public projects and programmes unaffected
Signals grow that Gulf borrowers will have to pay a lot more to issue debt in coming months because of low oil prices
Mumtalakat signs agreement with India's Synergies Castings Ltd; will construct alloy wheel manufacturing facility in Bahrain
Deal is split between a $700m January 2021 bond and a $800m January 2026 note
Mumtalakat says to buy a 49% interest in Aleastur to help it expand operations into the Gulf region
Diyar Al Muharraq announces agreement with Al Salam Bank-Bahrain to part-fund $100m development
Investment firm announces acquisition of the Hedge Fund of Funds business unit of SSARIS Advisors
Financial regulator says to establish a board of scholars to oversee the kingdom's Islamic finance sector
Owner of one of the world's largest aluminium smelters sees challenging market during third quarter of 2015
New Cluttons report also says residential sale prices continue to fall during the third quarter of 2015
Executive chairman says company wants to more than double its assets under management in the next seven years
Sheikh Sabah al-Ahmed al-Sabah warns any delay would increase the damage to the gov't's finances
Unit of GFH Financial Group says deal will include 18 income-producing assets across six states
Airline CFO Sahar Ataei says looking at both narrow and wide-body plane to meet needs over next decade
Investment firm acquires properties in metropolitan areas of Las Vegas, Denver, Chicago, Atlanta and Dallas
Event recognised 12 winners from across the length and breadth of Saudi industry
Mohammad Bin Rashid Al Maktoum Global Initiatives is an umbrella body which will also focus...
Sheikh Rashid bin Mohammed bin Rashid Al Maktoum, who died of a heart attack on Saturday morning...
Fourteen winners honoured at glittering gala dinner held last night in Dubai.
This tech expert has developed a series of projects which have enjoyed quick success
Emiratis have delivered numerous talks to the local youth on how to live a better life, give...
Nabbesh is the MENA’s first freelance marketplace to provide a solution for the growing unemployment...
Kuwaiti has supported a portfolio of 850 clients and projects, helped more than 80 businesses...
Founder of the UAE-based shopping search engine was the only Gulf entrepreneur chosen to take...
That's a very, very, very optimistic project... more
Why don't we have Dragons Den like the UK. There are 4 on a pal, and the entrprenaurs go in one by one, explain what business they would like to set... more
Thats a Good move for Yemen Airways , Dubai is one of the top destination in the world and especially in the middle east and direct flights to Dubai will... more
Rents in Dubai are ridiculous and so are the costs of doing business or living in Dubai which is why the cost of running a business has become very difficult... more
A perfect time so that their accountants and tax advisor members can benefit from all the consultancy work that comes their way. Not a perfect time for... more
Better than the predecessor that came out with a preposterous target price that retail investors followed blindly and lost all their money. At least now... more
Dr. Al Sumait is a good example of Muslims, But unfortunately the western world media just focus on the black side.. more
May I ask why this livery is only being used on routes to Mauritius and London?
Surely it would gain more relevance being used on routes to Africa... more