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Etisalat May Sell African Towers

The telecoms operator might also share infrastructure facilities with other carriers.

UAE, Qatar Stop Trade Finance To Iran

The move follows the stringent financial and trading sanctions imposed by the US and EU on Iran.

UAE To Cap Credit Card Interest Rate

The UAE’s central bank is reportedly planning to limit credit card interest rate at 18 per cent annually.

Qatar’s GDP Grew 19% In 2011

According to the IMF, Qatar’s economy is expected to grow six per cent in 2012.

Oman Plans 230km Gas Pipeline Project

The pipeline will supply gas to the town of Duqm and is estimated to cost around $200- 220 million to build.

UK Brand George To Launch In ME

Lebanon’s Azadea Group will bring the fashion label to the Middle East later this year.

Saudi Can Cover Oil Shortages

The kingdom’s oil minister has said that rising domestic demand will not affect crude oil exports.

UAE To See 4% Growth in 2012

According to the country’s Economy Minister, the Arab Spring has spurred growth in the UAE.

QIA To Buy Credit Suisse London HQ

Qatar’s sovereign wealth fund is expected to acquire the property in a “few weeks.”

Oman May Sell Crude To Sri Lanka

The country is scrambling to find an alternative to its threatened primary supply from Iran, Oman’s oil minister has said.

Increasing Sales For Volkswagen ME

The German car company delivered 11,000 vehicles in the region during 2011, recording a 21 per cent sales growth for the year.

Bahrain Airshow Nets Deals

The signing of $930 million worth of trade deals at the Bahrain International Airshow has raised expectations for 2014.

GCC Tourists Boost Abu Dhabi

Abu Dhabi has recorded its most successful year ever in terms of hotel guest arrivals with some 2,111,611 visitors.

ME Witnesses E-Commerce Boom

Online shopping is surging in the Middle East as local buyers get comfortable using credit cards over the internet.

Kingdom Budget Surplus

Saudi Arabia almost doubles income forecast, announcing a budget surplus of $81.6 billion for 2011.

Bearish 2011 For UAE Stock Markets

The value of shares traded reached its lowest level since 2004.

Google Growing In MENA

Gulf Business attends Google’s groupie day in Dubai and chats with managing director, Ari Kesisoglu.

GCC Railways On Track?

Billion-dollar railway projects are finally gaining momentum in Saudi Arabia, Qatar and the UAE.

MENA CIOs Enter Boardrooms

Gulf techies are way ahead of their global peers says IBM, as the MENA region pushes for fast growth.

SMEs Fight for Funding

As the UAE climbs into steady recovery, is it any easier for small businesses to access bank lending?

Arabs Target Mining Sector

The region is doubling its mineral production with the aim of creating jobs and digging up new profits.

Dark Clouds Over Lebanese Banks

The turmoil in the Arab region will affect Beirut’s financial sector, says Matein Khalid, fund manager in a royal investment office.

Testing Breakeven Oil Prices

As GCC governments’ budgets soar, so do breakeven oil prices.

Shariah Carbon Credits Planned

Islam could hold the key to turning around the Gulf’s dismal environmental record.

UAE Business Schools Thriving

Students are scrambling to update their CVs amidst economic uncertainty

GCC Flinches At Debt Crisis

The region’s deepest insecurities have once again been exposed by another crisis to emerge from the US and eurozone economies.

GCC Animation Industry Booms

The Middle East is home to a rising entrepreneurial animation movement, fuelled by comic book series, The 99.

Counterfeiting: A Dangerous Game

As the region drowns in fake goods, fraudster gangs are endangering the local economy, creativity and safety.

MENA Healthcare Soars

The regional pharmaceutical and healthcare industry is set to boom with a new $125 billion investment injection.