Kuwait's budget surplus widened to KD13.2 billion ($47.6 billion) in the first nine months of its 2011-12 fiscal year, nearly double its year-ago level on higher than
Etisalat, the Gulf's largest telecom firm, wants to acquire a licence in Libya or invest in one of the North African country's existing operators, its chairman told
France Telecom reached a preliminary accord to buy out most of Egyptian tycoon Naguib Sawiris' stake in their jointly owned telecom operator Mobinil, in a deal
Qatar's ambitious economic policies have sustained double-digit growth rates while much of the world has struggled over the past few years. But the gas-rich Gulf
Siemens has won a major order worth more than $1 billion for combined cycle power plant in Saudi Arabia. With an installed capacity of 4 gigawatts (GW) IPP
Dubai's residential real estate market is set to outperform the office sector this year due to "stronger fundamentals" and "solid population growth", CB Richard
Qatar Investment Authority (QIA) has joined hands with US private equity firm Carlyle Group to bid for a near 40 per cent stake in Turkish airport operator
