Goldman hires Barclays banker to run Saudi business
Goldman Sachs Inc has hired Omar Mohammady to run the its Saudi Arabian investment banking business, a key role for global banks…
December 4, 2012 9:28-
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Qatar Airways places a larger order
Qatar Airways is set to upgrade an order for 20 Airbus A350 aircraft to larger variants, a move that includes new backing for…
December 3, 2012 5:26 -
Saudi power investment may exceed $133 billion over a decade
Saudi Arabia will need to invest over 500 billion riyals ($133 billion) over the next 10 years to meet rapidly rising…
December 3, 2012 3:59
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Saudi F-15 Jet crashes on training mission
*Photo for illustrative purposes only A Royal Saudi Air Force F-15 jet crashed in the Gulf during a routine training exercise late…
December 3, 2012 2:28 -
Five companies after new SABIC plastic plant
Five international engineering firms have bid to build a 50,000 tonnes-per-year polyacetal plant at Ibn Sina, an affiliate of Saudi…
December 3, 2012 8:31 -
Locally produced medicine in UAE
Some 827,000 people between the ages of 20 and 79 have diabetes in the UAE, according to the Ministry of Health.
December 3, 2012 8:28
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Qatar allows rare protest for workers’ rights
Poor working conditions are common across the Gulf, where impoverished men and women from South Asia work on construction sites, oil projects and as domestic help.
December 2, 2012 12:01 -
Zain appoints Scott Gegenheimer as CEO
Kuwait’s Zain appointed Scott Gegenheimer as group chief executive on Sunday, the former monopoly said in a bourse statement, six months after…
December 2, 2012 11:55 -
Stretching out Dubai Mall even farther
Emaar Properties said plans to expand its Dubai Mall with high-end fashion stores, hotels and luxury homes had been finalised and work…
November 29, 2012 3:43
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Full foreign ownership in 2012 unlikely – UAE
Currently foreign companies are allowed only 49 per cent ownership outside of designated "free zones".
November 29, 2012 2:59 -
Kuwait could ban 100,000 from travelling
Kuwait could ban nearly 100,000 of its residents from leaving the country for failing to pay dues owed to the state,…
November 29, 2012 10:28 -
Emirati women hallmarks of national identity
Emirati women are fast establishing themselves as an integral part of the nation’s workforce with 55 per cent of young women between 25 and 34 years of age currently employed.
November 29, 2012 9:52
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UAE Internet dissent law shuts door to free speech – HRW
Social networking sites have enlivened public discourse in the UAE, a major oil exporter and business hub, where state media are tightly controlled and freedom of speech restricted.
November 29, 2012 9:09 -
Saudi postpones new aviation licenses
Saudi Arabia’s General Authority for Civil Aviation (GACA) has postponed awarding new carrier licenses until the end of this year as it…
November 29, 2012 8:51 -
Gulf regulators need guidance on Basel III
Suwaidi said he was concerned by a proposal requiring banks to hold additional common equity tier-one capital to meet higher loss absorbency requirements under Basel III.
November 28, 2012 9:16
