Omanis hoping for change after vote
Sultan Qaboos remains a popular figure in a country that was mostly undeveloped and faced war in its Dhofar region when he seized power from his father.
December 22, 2012 6:49-
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UAE shuts down American research office
The United Arab Emirates has shut down the Abu Dhabi office of the RAND Corporation, the American policy research institute, in the…
December 20, 2012 4:57 -
Abu Dhabi gets on social welfare housing
Abu Dhabi has boosted welfare spending for its citizens over the last couple of years, partly to avert any social discontent during Arab Spring uprisings elsewhere in the Middle East.
December 20, 2012 12:17
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Riyadh expats struggle with housing
"Help! I can't find anywhere to live. All the housing managers just tell me their waiting lists are months and months long," posted a British man seeking a home for his family.
December 20, 2012 9:42 -
Qantas-Emirates relationship cut in half
The alliance is deeper than a straightforward code-share arrangement -- where airlines share some flights -- but stops short of a global revenue-sharing deal or equity injection from either side.
December 20, 2012 9:01 -
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
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Al Habtoor Group delays IPO
Al Habtoor Group, one of Dubai’s leading family-owned firms, has postponed plans to raise as much as $1.6 billion in an…
December 18, 2012 5:39 -
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
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Dubai Duty Free Marks 29th Anniversary with 25% Discount
The Anniversary day offers travellers the chance to avail of this one-off offer of 25% discount across a wide range…
December 16, 2012 5:27 -
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 -
Telco Zain pays Motorola $231.4 million
Zain said it made the payment on Dec. 12 to alleviate financial burden from its Saudi unit and to support the company's operations, it said in a bourse statement.
December 16, 2012 11:15
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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
