Business & Management

Maaden announces Q1 2011 preliminary results


Maaden's net income came in at US$11.6mn compared to a reported profit of US$5.4mn in Q1 2010 according to a report by the Saudi bank, NCB Capital (NCBC).

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Qatar Steel to build a new plant


Qatar Steel will build a new steel plant in the country to cope with the growing demand for steel in the Qatari market and the wider regional market.

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Business conditions in UAE at record high


A new survey showed that private sector business activity in the UAE hit a record high in February thanks to new orders and output rising sharply.

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Social unrest creates ripples in Middle East And North Africa real estate markets


A new report by Standard & Poor?s looks at the current landscape in property markets in the Arabic-speaking countries of the Middle East and North Africa and what effect, if any, the recent unrest in the region has caused.

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UAE economy in 2011 to grow by 3.3 per cent


According to a report by the International Monetary Fund (IMF), the United Arab Emirates' economy should grow by 3.3 per cent this year which is slightly higher than previous forecasts.

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