‘Qatar confirms Marks & Spencer rumours’
Speculation that a sovereign wealth fund or private equity investors could bid for M&S have been circulating for over six months.
March 17, 2013 4:30-
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Central Bank of UAE orders speedy reviews
In January, the central bank said it would not enforce curbs on residential mortgage loans as a proportion of property values that it had set three weeks earlier.
March 17, 2013 9:41 -
Qatari Shard Investor To Avoid Europe This Year
Some parts of Europe are completely stalled, says head of Qinvest.
March 17, 2013 8:18
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Labourers Return To Work At Oman Airport
Abhinav Akshay, another labourer at the project, said: "We have been assured that safety standards will be revised so we can work without fear of injuries."
March 14, 2013 8:36 -
Dubai Lynx 2013 announces final winners
The 7th Dubai Lynx Awards Ceremony has taken place with a record crowd of 1,836 industry professionals from the MENA…
March 14, 2013 8:26 -
UAE Central Bank Says Must Implement Curbs On Risk
The United Arab Emirates central bank must act this year to push forward previously issued rules and policies, a senior…
March 13, 2013 3:54
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WHO Confirms 15th Case Of Deadly New Virus In Saudi Arabia
A Saudi man infected with a deadly new virus from the same family as SARS has died, becoming the ninth…
March 13, 2013 11:41 -
UAE Replaces Energy Minister In Cabinet Reshuffle
The United Arab Emirates has appointed Suhail Bin Mohammed al-Mazroui as energy minister, state news agency WAM reported on Tuesday, replacing Mohammed…
March 12, 2013 4:47 -
Abu Dhabi In Nearly $7 Bln Oil Investment In Malaysia
Abu Dhabi on Tuesday signed an agreement worth an estimated 21 billion ringgit ($6.75 billion) for a petroleum storage facility in Malaysia’s…
March 12, 2013 4:46
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Egypt will not sign “Emergency” IMF Loan – Cabinet
Egypt will not sign any “emergency” loan with the IMF, cabinet spokesman Alaa el-Hadidi said on Tuesday, appearing to rule out any recourse…
March 12, 2013 4:45 -
Emirates Airline launches $1 billion amortising sukuk
Dubai’s Emirates airline launched a $1-billion amortising Islamic bond on Tuesday, arranging banks said, at the tighter end of guidance….
March 12, 2013 4:44 -
Gulf States buy stake in Virgin Mobile’s Middle East unit
Gulf Investment Corp (GIC) will invest $50 million in Virgin Mobile’s Middle East operation, a sign that the region may be ready to…
March 12, 2013 4:43
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Thousands of South Asian workers strike at Oman Airport
Thousands of South Asian labourers working on the expansion of Muscat airport downed tools on Tuesday in a rare strike to demand…
March 12, 2013 4:42 -
Qatar Finance Minister Sees Strong Non-Hydrocarbon Growth
Qatar expects rapid growth in non-hydrocarbon parts of its economy this year while its gas sector is unlikely to expand significantly,…
March 11, 2013 11:46 -
Qatar says no more aid to Egypt for now
Qatar does not expect to give further financial aid to Egypt in the immediate term, Qatari Finance Minister Youssef Kamal said on Monday. “We already…
March 11, 2013 11:24
