DUBAI , Jan 27 (Reuters) - Dubai house prices will fall by up to 10 percent in 2015 after rising almost 60 percent in two years, with the emirate's robust economy helping it avoid a repeat of a crash in 2008-9 despite a slump in oil prices
DUBAI , Jan 27 (Reuters) - Saudi Arabia's Samba Financial Group said on Tuesday its board had proposed increasing the bank's capital by 8 billion riyals ($2.13 billion) through issuing bonus shares to help support future growth.
DUBAI , Jan 27 (Reuters) - Zain Saudi has received regulatory approval to cut its capital for a second time, a move common in Saudi Arabia to offset accumulated losses, the telecom operator said on Tuesday.
DUBAI , Jan 27 (Reuters) - Kuwait's Gulf Bank, the Gulf State's fourth-largest lender by assets, reported a 10.7 percent rise in fourth-quarter net profit on Tuesday.
DUBAI , Jan 27 (Reuters) - Union National Bank, 50 percent owned by the Abu Dhabi government, posted a 42 percent rise in fourth-quarter net profit on Tuesday, just missing analysts' forecasts.
DUBAI , Jan 27 (Reuters) - Dubai International Airport was the world's busiest for international passenger traffic last year, it said on Tuesday, taking that title for the first time from London's Heathrow Airport, which has been running into capacity constraints.
DUBAI , Jan 27 (Reuters) - Bateel, which makes chocolate-covered dates and other delicacies, is looking to sell a minority stake and two international investors are said to be interested, people familiar with the matter said.
DUBAI , Jan 27 (Reuters) - Egypt's stock market turned bullish again in early trade on Tuesday after a short bout of profit-taking, while Saudi Arabia's bourse edged up on the back of banking stocks.
Jan 27 (Reuters) - An investment group based in Dubai and Luxembourg has launched an Islamic trade receivables financing platform catering to the Gulf region's small businesses, with plans to tap the capital markets to fund the venture, its chief executive told Reuters.
BAGHDAD, Jan 27 (Reuters) - Bullets hit a passenger jet operated by budget carrier Dubai Aviation Corp, known as flydubai, as it was landing at Baghdad airport, the company and officials said on Tuesday.