Iraq is opening a new chapter
The World Bank pledged $900 million to Iraq over the next four years to help it create jobs, build stronger institutions and improve social…
December 19, 2012 8:40-
-
KSA bans Brazil beef after Mad Cow concerns
Between January and October, Saudi Arabia imported 31,300 tonnes of beef, putting it among the top 10 largest importers from Brazil, the world's largest beef exporter.
December 18, 2012 5:43 -
Etihad snaps up majority of Air Berlin programme
The deal is to be completed by the end of the month and proceeds from it will be included in Air Berlin's 2012 results.
December 18, 2012 11:19
-
Saudi Aviation body to allow price hikes
Saudi Arabia will review fuel prices and give its civil aviation body powers to allow fare increases as it struggles to…
December 18, 2012 9:24 -
Takeover deadline extended for Islamic Bank of Britain
Islamic Bank of Britain (IBB), the country’s only sharia-compliant retail lender, said a deadline for a Qatari bank to decide on a…
December 16, 2012 3:04 -
UAE Central Bank delays new rules
The United Arab Emirates’ central bank decided to postpone implementation of new rules that cap commercial banks’ lending to state-linked…
December 16, 2012 2:38
-
“No” vote in Egypt referendum is a luxury for some
Critics insist that the new constitution, far from ending the turbulence, will compound it by alienating many Egyptians, including Christians who make up 10 percent of Egypt's 83 million people.
December 16, 2012 10:04 -
Boeing need to get their act together – Al Baker
Boeing said its technicians "would evaluate the findings in Qatar to understand the root cause of this issue and take the appropriate next steps."
December 14, 2012 9:20 -
Gulf’s first private pension product
Bahrain’s Takaud Savings and Pensions became the first Gulf-based private pension provider with the launch of its maiden product on…
December 12, 2012 2:50
-
Dubai Group could sell Omani stake
Dubai Group, an investment vehicle restructuring $10 billion of debt, is in talks to sell its stake in Oman National Investment Corp…
December 12, 2012 2:45 -
United States wants more with the Middle East
The United States has free trade agreements with Oman and Bahrain, and individual trade and investment framework agreements with the four other GCC members.
December 12, 2012 8:50 -
Qatar Airways chief concerned about Dreamliner safety
Qatar has placed orders for 60 Dreamliners - 30 firm and an option for 30 more.
December 12, 2012 8:35
-
Will Saudi start making Land Rovers?
Saudi Arabia will sign a letter of intent with Tata Group to manufacture 50,000 Land Rover vehicles a year in the kingdom, using locally produced…
December 11, 2012 4:43 -
Small business lending to double in 2013 – ENBD
Emirates NBD expects lending to small businesses to double and top 1 billion dirhams ($272 million) next year as Dubai’s largest…
December 11, 2012 4:36 -
Dubai’s new airport may open at the end of 2013
The massive new airport is designed to cater to 160 million passengers.
December 11, 2012 1:03
