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  • oil

    Saudi to develop Midyan gas field in 2013

    Saudi Arabia will develop its Midyan natural gas field in the Red Sea in 2013, Oil Minister Ali Naimi said in comments reported on Tuesday in local media.

    January 2, 2013 3:06
  • Kuwait skyline buildings

    Kuwait Inflation To Keep Falling In 2013

    Kuwaiti inflation will slow to 4.3 percent this year and 4.1 percent next year from 4.8 percent in 2011, central bank governor Mohammed al-Hashel predicted on Saturday in comments carried by state news agency KUNA.

    December 30, 2012 7:29
  • Nakheel affordable housing

    BACK IN THE GAME: Dubai’s Arabtec, Lootah Win Nakheel Villa Contracts

    Dubai real estate contractor Arabtec and another firm have been awarded a contract worth over half a billion dirhams ($136 million) to build villas for one of the emirate's flagship developers, Nakheel

    December 30, 2012 7:27
  • 200-tabreed

    UAE’s Tabreed To Issue Convertible Bonds In Recap Plan

    District cooling firm Tabreed has agreed to issue 1.13 billion dirhams ($308 million) in convertible bonds to Abu Dhabi fund Mubadala on Dec. 31, the firm said on Sunday, as part of a recapitalisation plan agreed last year.

    December 30, 2012 7:26
  • State of Qatar

    Qatari Growth Slows As Energy Sector Sluggish

    Qatar's economic growth slowed in the third quarter of the year but was supported by strong expansion of non-oil sectors, data released by the statistics authority showed on Sunday.

    December 30, 2012 7:24
  • Emirati satisfaction and happiness

    Emiratis told not to go to Lebanon

    The Gulf Arab state issued the warning because of "difficult and sensitive political circumstances" in Lebanon.

    December 23, 2012 4:50
  • 380-debt-relief

    Dubai’s du secures $500 million

    Dubai’s Emirates Integrated Telecommunications Co, or du, said on Sunday that it had secured a $500 million, five-year club debt…

    December 23, 2012 2:04
  • Omani people hoping for democratic change

    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
  • RAND research facility closed in Abu Dhabi

    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 residential

    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