Issuers and investors remained wary of volatility in the capital markets, according to PwC.
The bond was five times oversubscribed and received orders from more than 270 investors globally.
The Dubai government will continue to help government-related bodies, says Sheikh Ahmed bin Saeed al-Maktoum.
The agreements were signed between Oman’s health ministry and Oman LNG.
Sheikh Salem Abdul-Aziz al-Sabah blamed a rise in public spending for his decision.
The struggling Bahraini carrier will use the amount to meet its medium-term capital needs.
The two companies are in negotiations to build a methanol complex in Trinidad and Tobago.
This is the first time that the UAE airline, started eight years ago, has recorded a profit.
Colorado-based CH2M Hill has won the FIFA World Cup construction management contract.
Prominent economist Nouriel Roubini has predicted that the Eurozone will collapse in a few years.
The civic body said that cost-cutting measures were implemented to achieve a budget surplus in 2011.
Doha-based Mannai is planning to buy 58.8 percent of Damas in a deal estimated to be worth around $445 million.
Abu Dhabi’s Dolphin Energy will use the proceeds to meet its refinancing needs.
Dubai Gold and Commodities Exchange saw volumes increasing 95 per cent year-on -year in January.
The airline is planning an Islamic loan facility to fund two of its planes, according to reports.
The Abu Dhabi lender’s profits fell 19.2 per cent to Dhs135 million during the fourth quarter of 2011.
According to Ernst &Young, deal values in 2011 dropped by 28 per cent year-on-year to reach $31.7 billion.
Markets were subdued even as Greece delayed its decision regarding a new bailout.
Prince Alwaleed, Citigroup’s biggest individual shareholder, said that he expects the bank to increase dividends this year.
Exclusive: The founder of Kingdom Holding Company on plans, power and profits.
The move follows the stringent financial and trading sanctions imposed by the US and EU on Iran.
The UAE’s central bank is reportedly planning to limit credit card interest rate at 18 per cent annually.
According to the IMF, Qatar’s economy is expected to grow six per cent in 2012.
The mall operator is undertaking several new projects across the Middle East this year.
The Kuwaiti bank reported a net profit of KD302.4 million in 2011 compared to KD301.7 million in 2010.
According to the country’s Economy Minister, the Arab Spring has spurred growth in the UAE.
Qatar’s sovereign wealth fund is expected to acquire the property in a “few weeks.”
More than one in two institutional investors see Africa as an attractive region to invest in over the next decade.
The country’s first trade deficit since 1980 raises questions how Japan will finance its huge public debt.
The move will make the bourse the second publicly traded stock exchange in the region.