Today’s top business and economy news from the Middle East and North Africa: British PM in the UAE to secure arms deal British Prime Minister David Cameron is in the United Arab Emirates to kickoff a three-day trade visit to the...
Today’s top business and economy news from the Middle East and North Africa: UAE's First Gulf Bank inks $900m loan deal First Gulf Bank, the second-largest lender by market value in the UAE, has signed a three-year $900m loan with a...
Today’s top business and economy news from the Middle East and North Africa: UAE invests $200 million in Azerbaijan projects The UAE Deputy Economy Minister Mohammed Ahmed Bin Abdul Aziz Al Shihhi said during a joint business forum in Baku on...
Today’s top business and economy news from the Middle East and North Africa: Guinea, UAE seal bauxite deal Compagnie des Bauxites de Guinee (CBG) and Mubadala Development Company have signed a long-term supply agreement to supply bauxite, the main raw material...
The front pages of today's Khaleej Times and Gulf News are dominated by a picture of former US President George W. Bush and current US President Barack Obama standing with their wives at the memorial at Ground Zero for...
Today’s top business and economy news from the Middle East and North Africa: Emirates to buy 100 777s if Boeing builds new model Emirates, the world's largest airline by international passenger traffic, is likely to order 100 planes or more from...
Today’s top business and economy news from the Middle East and North Africa: Emirates inks deal for 2014 Glasgow Games Emirates Airline was unveiled on Wednesday as an Official Partner of the Glasgow 2014 Commonwealth Games and the Official Airline of...
Middle East Business News Review – A look at today’s important financial news and business updates from the Middle East and North Africa Dubai International Airport posts busiest ever first half traffic Dubai International recorded its busiest first half in its...
Today’s top business and economy news from the Middle East and North Africa: Dubai’s bullish economic growth bears new risks: Citigroup report Citigroup’s chief economist for the Middle East said in a study published on Wednesday Dubai’s exposure to world economy bears...
Today’s top business and economy news from the Middle East and North Africa: Dubai sees no need to recapitalise support fund Dubai sees no need to recapitalise the financial support fund which provides aid to indebted state-linked companies, Sheikh Ahmed bin...
Today’s top business news from the Middle East and North Africa: Britain-Holland propose ‘full’ financial freeze, shipping ban on Iran Members of the European Union are discussing a sanctions proposal presented by Britain against Iran that calls for a ban on...
Opec output hits the highest since 2008 despite lowest Iranian supply in two decades A Reuters survey revealed that Opec output in April has hit its highest since 2008. The rise in output was mainly due to the rise in...
British investors spent AED2.5 billion on Dubai property Dubai continued to attract more and more investors from the United Kingdom with Brits being ranked third on a list of popular foreign investors in Dubai, a report said on Thursday. Investor confidence...
Today’s top business and economy news from the Middle East and North Africa: ADNOC to retain current UAE oil concession structure Abu Dhabi National Oil Co (ADNOC) director general announced on Sunday the company will present the current structure of its...
Middle East Business News Review – A look at today’s important financial news and business updates from the Middle East and North Africa GCC to emerge as solar energy hub in near future Solar energy will dominate the upcoming renewable energy...
Today’s top business and economy news from the Middle East and North Africa: Dubai Limitless agrees restructuring of $1.2 bln loan Limitless, the indebted property arm of Dubai World, has reached an agreement with creditors to restructure a $1.2 billion Islamic loan, the company...
The UAE newspapers widely commemorated the 10-year anniversary of the terror attacks on the US which occurred on 11 September 2001. The front page of The National on Sunday carries an image of two Black American women sobbing just moments...
Today’s top business news from the Middle East and North Africa: Dubai’s posts record H1 trade figures Dubai’s non-oil foreign trade hit a record AED602 billion ($163.9 bn) during the first half of 2012, registering a 12% increase compared to the same period...
Today's Khaleej Times has reported the bonanza announcement made by the Dubai government that is set to add more comfort to the lives of Emirati nationals. According to the announcement by Sheikh Mohammad, Vice President of UAE and the ruler...
Today’s top business and economy news from the Middle East and North Africa: UAE top Middle East country in terms of starting business The UAE has been ranked as the top Arab country and 22nd globally in terms of starting a...
Today’s top business and economy news from the Middle East and North Africa: Britain, UAE enter defence partnership, discuss other deals Britain and the United Arab Emirates announced on Tuesday they have agreed a defence deal which will see boosting of...
Today’s top business and economy news from the Middle East and North Africa: UAE govt approves deficit-less 2013 federal budget The United Arab Emirates Prime Minister Sheikh Mohammed bin Rashid Al Maktoum announced on Tuesday the government has approved a deficit-less 2013...
Middle East Business News Review – A look at today’s important financial news and business updates from the Middle East and North Africa Pilgrims complain Makkah hotels Ramadan price hike Hotels and furnished apartments near the Grand Mosque in Makkah are...
Today's top business news from the Middle East and North Africa: GCC integration plan needs more discussion – statement A plan to integrate six Gulf countries as proposed by Saudi Arabia last year in response to Middle East turmoil needed more...
  Today’s top business news from the Middle East and North Africa: Dubai hotel occupancies drop during Ramadan; Jeddah, Manama, Amman benefit Occupancies at hotels across Dubai dropped to 69.4% in July, plummeting by 11.1% from the same period in 2011, a...
Middle East Business News Review – A look at today’s important financial news and business updates from the Middle East and North Africa Global economic slowdown may still lead to oil price rise – report Global economic slowdown and a negative...
Today’s top business news from the Middle East and North Africa: Dubai to build its first 'eco-mosque' Al Arif Contracting has been awarded the contract for the construction and maintenance of the UAE’s first eco-friendly mosque, and what will also be...
Today’s top business and economy news from the Middle East and North Africa: UAE records $9.9bn fiscal surplus in 2011 The United Arab Emirates’ finance ministry said on Monday the state recorded a budget surplus of AED36.2 billion ($9.9 billion) in...
A look at today’s important financial news and business updates from the Middle East region: Etihad claims 3% stake in Irish flag carrier Reports coming from Ireland suggest Etihad Airways has formally acquired a 2.98% stake in Aer Lingus as part...
Today’s top business and economy news from the Middle East and North Africa: Dubai posts strong visitor numbers Dubai has once again emerged as one of the most popular holiday destinations on the planet as new figures suggesting that tourists continued to flock to...