Citigroup has great potential says AlWaleed
Pandit had done "a pretty good job" at Citigroup over the past several years...
October 22, 2012 3:30-
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OPEC rivalries bring difficult struggle
"It is not going to be easy," said an OPEC source, referring to whether the panel will be able to recommend a candidate. "For a secretary general to be appointed, all 12 have to agree."
October 22, 2012 3:26 -
DP World sales stake in Russian firm
The transaction is expected to close later this week, DP World said in a statement to Nasdaq Dubai.
October 22, 2012 10:40
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Nakheel climbs its way back up with double profit
Nakheel, whose developments at the height of Dubai's property boom contributed to the emirate's debt woes, has been slowly recovering from the crippling real estate collapse.
October 22, 2012 8:47 -
If you can’t beat them join them – Gulf airlines
The entry of major Gulf airlines into alliances took many industry analysts by surprise.
October 21, 2012 1:26 -
Dana Gas starts Egypt output
The Ras Shukheir plant will have a production capacity of 120,000 tonnes a year of propane and butane
October 21, 2012 8:59
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Exxon seeks to quit Iraq oil project
Exxon is telling Baghdad that they are looking to leave, shopping around and looking at all the options
October 20, 2012 7:53 -
HSBC pulls back from Islamic banking
Through its HSBC Amanah arm, headquartered in the UAE, HSBC was a pioneer in the industry and it operated the largest Islamic business of any Western bank.
October 18, 2012 4:07 -
Air Berlin steps up cost-cutting drive
Germany's second-biggest airline after Lufthansa also said a German air travel tax and persistently high fuel prices created additional headwinds.
October 18, 2012 4:00
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Dubai fueled by cheap Iranian oil – US pressure
U.S. officials are encouraging Dubai to find another source of supply. ENOC was asked to stop importing but it is still going on...
October 18, 2012 3:57 -
Bahrain charges four men with defaming king on Twitter
The four men in their 20s were arrested on Wednesday morning after security forces confiscated their computers and other electronic equipment.
October 18, 2012 3:53 -
UK needs airport capacity to avoid catastrophe – Qatar Air CEO
Akbar Al Baker voiced his support for the construction of a third runway at London's Heathrow hub and said Britain could not afford to wait the 20 years.
October 18, 2012 9:01
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Yammine of Credit Suisse MidEast resigns
Yammine, who joined the Swiss bank in 2007, will stay until the end of 2012 to assist in the handover process, one of the sources said.
October 17, 2012 3:06 -
ADNOC to offer cleaner Diesel for 2013
While ADNOC is only able to meet the summer specifications of diesel in Europe now, it aims to meet winter specifications by the middle of next year, a source close to the matter said.
October 17, 2012 3:03 -
Etihad plans Garuda partnership
Etihad this year sealed a codeshare deal with Air France-KLM , under which the airlines will share flights.
October 17, 2012 3:00
