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An aide to Iraq's most prominent Shiite cleric is urging politicians on both sides of the country's sectarian divide to end a government crisis, as fears of civil war rise a month after the U.S. military withdrawal.
Iraq's Sunni deputy premier called Friday for Prime Minister Nouri al-Maliki to step down and warned that the country's festering political crisis risks sparking a wider sectarian conflict in the region.
Abu Dhabi's cash-strapped Aldar Properties agreed Wednesday to accept an additional $4.6 billion from the emirate's government in exchange for real estate and services, marking its second state rescue this year.
Bahrain has been picked to host the headquarters for Saudi billionaire Prince Alwaleed bin Talal's new international Arabic news network despite months of unrest, according to the tiny Gulf kingdom's media oversight authority.
Saudi Arabia's largest dairy company said Wednesday it is buying Argentine farm operator Fondomonte S.A. for $83 million to secure access to a supply of animal feed.
The head of Dubai's state-run shipbuilding company said Tuesday the firm is in talks with potential partners about sharing control of some of its Asian businesses.
The Coca-Cola Co. is buying roughly half of Saudi Arabia's Aujan Industries for $980 million, pairing the U.S. soda giant with one of the Middle East's top independent beverage companies.
Fast-growing Gulf carrier Etihad Airways said Monday it is buying 10 more of Boeing's new 787-9 planes, making it the largest airline customer for that version of the much-hyped carbon fiber jet.
The United Arab Emirates is boosting state salaries and offering citizens other perks to mark the Gulf nation's 40th anniversary, following similar moves by other Arab countries to try to soften challenges by their increasingly restive populations.
The UAE's Central Bank governor said Tuesday that the oil-rich Gulf nation is committed to keeping its currency pegged to the U.S. dollar and is reinvesting in U.S. Treasury bills.
Nakheel, the Dubai property developer behind the emirate's manmade islands, laid out plans Wednesday to build a string of artificial reefs off the city-state's coast in a bid to attract more aquatic life.
Dubai is significantly expanding its cruise ship port in an effort to attract more seafaring tourists to the city's Persian Gulf shores.
The United Arab Emirates on Wednesday awarded an Italian-led consortium a $900 million contract to build the first stage of the Gulf nation's railway network.
Middle Eastern countries without significant oil resources face a sharp slowdown in economic growth as the effects of the Arab Spring reverberate across the region, the International Monetary Fund said Wednesday.
Seaport operator DP World said Tuesday that cargo volumes at its docks rose 10 percent in the third quarter of 2011 as trade accelerated at its emerging markets ports.
The Abu Dhabi company building a branch of the Guggenheim museum in the Emirati capital said Sunday it has temporarily dropped plans to award a major construction contract, raising questions about the future of the high profile project.
The shipbuilding division of troubled state conglomerate Dubai World said Tuesday it is determined to hammer out a $2.2 billion debt restructuring deal, despite a legal challenge from one of its creditors.
Research in Motion Ltd. is "absolutely confident" in its PlayBook tablet despite disappointing sales and aims to appeal to customers already hooked on its BlackBerry smartphones, a company executive said Monday.
Qatari investors agreed to buy the private banking division of Belgium's KBC Group for just over euro1 billion Monday, adding to the wealthy Arab nation's growing portfolio of European holdings.
DP World, the Dubai port operator building Britain's first deep-sea container port in more than a quarter century, vowed Tuesday to open the new cargo hub outside London by the end of 2013.
The investment company headed by Saudi billionaire Prince Alwaleed bin Talal and Batelco Group on Thursday dropped their $950 million bid for a quarter of Kuwaiti telecom Zain Group's Saudi division, saying they failed to get the terms they wanted.
Port operator DP World said Thursday its profit more than tripled in the first half of the year as trade increased and it booked a large gain by selling off much of its Australian business.
Nakheel, the indebted state developer behind Dubai's man-made islands, said Wednesday it has completed its long-awaited financial restructuring and will issue $1 billion in Islamic bonds to some of its creditors.
A Dubai government conglomerate that controls some of the emirate's industrial powerhouses will repay in full $4 billion worth of debt coming due this month, the city-state vowed Monday in a move that could reassure investors worried about the strength of the world economy.
Stocks tumbled across the Middle East on Sunday as most regional markets reopened following the historic downgrade of the United States' credit rating.
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