A court in Oman sentenced two ex-government officials on Sunday to three years in jail for abuse of office, local media reported, one of a series of trials that began last year to curb…
Bahrain Bourse said on Monday that its chief executive officer, Fouad Abdul Rahman Rashid, will retire in March after 11 years…
Oman, which faces Iran across the Strait of Hormuz, said it’s poised to start raising cash for a $3 billion rail…
Several travel and tourism offices in Kuwait agree that the number of Kuwaiti tourists visiting Dubai during the holidays in the…
Gulf Finance House EC (GFH) climbed to the highest in more than 22 months after the investment company said it signed…
Commercial Bank of Qatar is open to tie-ups with local financial institutions and could sell bonds next year to fund infrastructure…
Alkhabeer Capital, a Saudi Arabia-based investment advisory firm, has bought a majority stake in Dubai-based packaging products company Express Group, Alkhabeer…
Instability in Egypt and Iranian threats to block the Strait of Hormuz are serious risks to food security in the Gulf,…
Saudi authorities rounded up thousands of illegal foreign workers at the start of a nationwide crackdown ultimately aimed at creating more…
Bahrain is still in the early stages of a series of bank mergers designed to strengthen the sector in the face…
Mezzan Holding Co, a diversified Kuwaiti conglomerate, will acquire the distributor of Red Bull energy drink in the United Arab Emirates,…
Qatar’s Doha Bank said on Monday it would seek shareholder approval to issue a debt instrument worth 2 billion riyals ($549.3…
The GCC has decided to introduce a joint work contract for housemaids next year. The bloc’s labor ministers have endorsed the…
Saudi water and power project developer ACWA Power plans to sell an $800 million debut Islamic bond this year and list…
Britain’s Vodafone and three Gulf telecoms companies have formed a consortium to launch a 1,400km fibre network to meet rising demand…
Bahrain-based Arcapita is aiming to build a new asset management firm with a debut local deal in the logistics, education or…
Bank Dhofar, the Omani lender planning to merge with smaller peer Bank Sohar, said on Sunday that its chief executive Anthony…
Gulf Finance House (GFH), the Manama, Bahrain-based investment bank, said it isn’t able to explain a 10-fold jump in trading activity…
Gulf Cooperation Council (GCC) countries are poised to adopt a single medicine-pricing policy within the bloc as of 2014, Bahraini Minister…
Bahrain-based Islamic investment firm Arcapita has become the first Gulf company to emerge from U.S. bankruptcy under Chapter 11 rules, in…
Qatar is looking less likely to bid for the iconic Italian fashion house Versace despite holding talks with the group earlier…
By The Arabian Post Staff International retailers continue to expand into the GCC region, often using Dubai as their ‘launch’ platform…
Saudi Arabian retailer Fawaz Abdulaziz Alhokair plans to open nearly 250 stores at home and abroad this financial year, a top…
A decline in Gulf Cooperation Council sovereign and state-owned corporate bonds in the event of a U.S. strike on Syria would…
The low quality in construction labor and raw material used to build several buildings, especially those up for sale, has unleashed…
Dubai and Kuwait City have been ranked in the top 10 biggest improving cities in a global livability survey released on…
The growth of the insurance markets within the countries of the Gulf Cooperation Council (GCC) will continue, albeit at a reduced…
Stock markets in the United Arab Emirates and Qatar rose to new multi-year highs on Thursday despite a sell-off in emerging…