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Mena to post 5pc growth in 2012: IMF

The GDP growth of regional oil exporters is expected to pick up in 2012 to almost 5 per cent after recording

Signs of UAE real estate recovery still tentative

A bounce in the earnings and share prices of some UAE real estate developers suggests the worst is 

Jebel Ali named ‘Shipping Port of the Year’

DP World’s flagship Jebel Ali Port has won the prestigious Shipping Port of the Year Award at the annual 

GCC finance ministers review intra-Gulf rail project

Finance ministers of the Gulf Cooperation Council (GCC) yesterday discussed the status of billions of dollars in development aid to be given to Bahrain, Oman, Jordan,

Munich ‘top destination for Mideast patients’

With a high hospital density, Munich has become an attractive destination for patients travelling from the Middle East, said a top official.

Jordan shortlists two firms for nuclear plant

The Jordan Atomic Energy Commission (JAEC) has shortlisted two offers presented by Russian Atomstroyexport and a French-Japanese consortia to build

Qtel Q1 profit down 12pc to $195 million

Qatar Telecom (Qtel)  group's net profit decreased 12.2 per cent to QR711.4 million ($195.37 million) in Q1, compared to QR810.8 million during the same period

700 experts for Abu Dhabi aerospace summit

More than 700 aerospace and aviation professionals will discuss ongoing industry issues and tackle key topics such as globalization, innovation and new business

Suez Canal revenue rises 3.5pc

Monthly revenue from Egypt's Suez Canal rose 3.5 percent in the year to March to $428 million, the Egypt Information

Qatar fund to buy hotels in Italy’s Sardinia

Qatar Holding, the investment arm of the gas-rich nation's sovereign wealth fund, is set to unveil a deal in the property and leisure sector in the Italian island of Sardinia 

Oman economy robust; may issue $518m debt

Oman's economy is robust and expected to grow by 5 percent this year, the country's central bank head Hamood Sangour Al-Zadjali said on Wednesday, adding that the

1000-metre tall tower to be ready in mid-2017

The world’s tallest tower to be built in Jeddah, the Kingdom Tower, will be completed by the middle of 2017, said Kingdom Holding Company (KHC).
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