Economics and policy
Qatar will sell QR4bn ($1.1bn) of three-year and five-year bonds and sukuk, its state news agency has said.
Tourist numbers to Dubai increased by 9.3 percent in 2012, with the city welcoming more than 10 million visitors in a year for the first time, according to official figures.
Lebanon’s Union Coordination Committee ramped up its rhetoric Thursday, warning that nationwide sit-ins and strikes would continue until demands to adopt a new salary scale were fully met.
Syrian industrialists escaping their war-ravaged country are queuing up to establish industrial plants in Lebanon, the industry minister has said.
Lebanon’s budget deficit increased to LL5.252 trillion ($3.49 billion), or 28.67 percent of expenditures, in the first 11 months of 2012
Companies and business
Starwood Hotels and Resorts Worldwide has announced the beginning of a month-long relocation of its global headquarters from Stamford in the US to Dubai.
Banks in the GCC are expected to maintain issuance levels this year as they aim to capitalize on investors' global search for higher yields, according to Standard & Poor's.
Etisalat expects 2013 revenue of up to $9.4 billion, according to a presentation the company gave to analysts, with the former monopoly also looking to consolidate its smaller assets.
