Saudi non-oil GDP growth to slow to 2.8 pct this year: c.bank chief

DUBAI: Growth in Saudi Arabia's non-oil gross domestic product is expected...

Six Flags Entertainment seeks to open Saudi theme parks

DUBAI: U.S. theme park company Six Flags Entertainment Corp plans to expand to Sa...


UAE banks NBAD and FGB confirm talks over possible merger

File photo of a man walking past a National Bank of Abu Dhabi branch. Reuters/Jumana E...

Dubai group to pay $2.4bn for Americana

DUBAI: An investment group led by prominent Dubai businessman Mohamed Alabbar has a...

Oman successfully completes requirements for $2.5 billion worth bonds

  Muscat: As part of its plans to finance the state budget's deficit, Omani...

Dubai’s Meydan raises 1 bln dirhams Islamic financing

Meydan, a major developer of hospitality and entertainment facilities in Dubai, including t...

Saudi cabinet approves economic diversification plan

  Jeddah, Saudi Arabia: The Saudi cabinet has approved a major plan to...

Bollywood, Hollywood enrolled in Dubai tourism drive

A picture taken on May 30, 2016 shows workers working outside the Raj Mahal area, which is ...

Gulf investors hold back from UK property deals on Brexit fears

The Shard skyscraper is seen on the skyline of London, Britain, September 3, 2015. Reuters/...

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Mining expansion is pillar of economic reform scheme. Ma’aden capturing shares of glob...

Saudi's Public Investment Fund Invests $3.5 Billion in Uber

  Jeddah: The Saudi Arabian Public Investment Fund (PIF), the Kingdom of Saudi ...

Kuwait signs $4.4-bn airport project with Turkish firm

  Kuwait City: Kuwait's Public Works Minister Ali al-Omair Monday sign...

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  DUBAI: Kuwait’s al-Kharafi family has scrapped a sale of a majority stake in ...

GE announces $1.4 bn investments in Saudi Arabia

File photo shows a door of a General Electric (GE) refrigerator at a store selling electron...

Emirates’ Dnata looking for acquisitions after record year

(photo: dnata)   By Manus Cranny and Deena Kamel Yousef Emirates Group&rs...

Oil may buoy Gulf but trading volumes shrinking

A file photo of an investor monitoring the stock information at the Saudi Stock Exchange (T...

Saudi Sipchem to recall sukuk before maturity: bourse filing

DUBAI: Saudi International Petrochemical Company (Sipchem) plans to recall a suku...

Gulf Air launches  summer schedule

A Gulf Air flight taking off. Manama: In anticipation of the upcoming peak summer tr...

Emirates would buy more A380s even if new version shelved

People sit in a cafeteria as Emirates Airlines aircrafts are seen at Dubai Intern...

Abu Dhabi issued a US dollar 5 billion dual-tranche bond

  Abu Dhabi: The Emirate of Abu Dhabi announced that it has successfully issued...

Saudi to transfer Riyadh finance district project to PIF: Sources

A view shows the construction of the King Abdullah Financial District, north of Riyadh, Sau...