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Oman Goods Trade Surplus Rises 2.3% In 2012

Oman’s merchandise trade surplus reached $24 billion last year.

Abu Dhabi’s Kizad Awards Dhs100m Contract to UAE Firm

Khalifa Industrial Zone Abu Dhabi has awarded a deal to construct phase 1 of its pre-built warehousing to UAE’s System Construct.

BlackBerry Sells One Million Z10 Phones, Reports $98m Q4 Profit

The Canadian manufacturer saw revenues and subscribers fall during the three-month period.

Saudi Arabia Deports Thousands Of Yemeni Labourers

Some two million of Yemen’s 25 million citizens work abroad, more than half of them in larger and richer neighbour Saudi Arabia.

Saudi Arabia To Allow Women’s Sports Clubs

Until now women’s exercise facilities have had to be licensed by the Health Ministry and designated as “health centres”.

Dubai’s Trade With Iran Drops 31% In 2012

Two-way trade between Dubai and Iran was roughly Dhs25 billion last year.

The Business Of Sports Sponsorship

Sponsoring events has become a key tool in company portfolios.

FIFA is considering a request from the South American Football Confederation for hosts Qatar to play Ecuador a day earlier than previously planned

Qatar Ready To Host Winter World Cup In 2022

FIFA president Sepp Blatter has said that any request to change the timing of the event from summer to cooler months would have to come from Qatar.

Abu Dhabi Airports Company Appoints Tony Douglas As New CEO

Douglas was formerly CEO of Abu Dhabi Ports Company (ADPC) and replaces James Bennet.

US Imports Of Saudi Crude Oil Up Nearly 300,000 bpd Last Week

Shipments to the US from OPEC’s top producer had dipped earlier in the year.

Top 10 Busiest Airports In The World

A country’s global aviation reach is at the top of its bragging rights, with these airports seeing more passengers than any others.

Abu Dhabi’s Kizad On Track To Generate 150,000 Jobs

Khalifa Industrial Zone Abu Dhabi has signed deals with 50 local and international companies, says CEO.

Trade Between Arab Region, Brazil Hits $26bn In 2012

Trade flows between the regions increased by 3.26 per cent in 2012 compared to the previous year.

How To Be A Great Leader

Authenticity and trustworthiness are the defining qualities of a true leader, writes management expert Debbie Nicol.

UAE-US Trade Up 34.6% In 2012, Hits Dhs91bn

The UAE’s imports from the US equalled around $22.57 billion, up roughly $6.7 billion over 2011.

Saudi Oil Trading Steps Up With Fujairah Storage

Saudi Arabia has leased an oil storage unit in Fujairah, allowing traders to quickly respond to demand, particularly in Asia.

Crowded Skies Hindering GCC Airports Growth

As airlines and airports in the GCC expand, air traffic management is becoming a serious concern, say experts.

Emaar Reports Strong Investor Interest For New Property

Dubai-based developer says its website received traffic from 75 countries for online registration for The Address Residence Sky View.

UAE Central Bank Head – “Domestic Bond Market Essential”

Sultan Al Suwaidi said that a well developed local debt market would buffer the country from the next global economic crisis.

Peru – UAE Exports Rise Record 35 Per Cent

Food and beverages, mining and construction are among the growth sectors.

Turkish Airlines To Spend $120m On Ads This Year

The carrier’s recent advertisement featuring sports stars Lionel Messi and Kobe Bryant has received over 102 million YouTube hits.

Middle East Urged To Address Food Security Issues

Recent predictions suggest the value of food imports into the GCC alone will hit US$53.1 billion by 2020.

Hamptons MENA Reports 19% Growth In Dubai Property

The real estate firm recorded improved sales in established communities such as Downtown Dubai and Dubai Marina.

India’s Jet Shares Fall After Etihad Revises Deal

Having doubled in value the past 10 months, shares have slumped in the last three weeks as both companies struggle to seal an agreement.

Kuwait Energy Eyes Strong Ties With Baghdad

Oil majors Exxon Mobil and Total have upset the government by signing deals in Kurdistan.

Abu Dhabi Islamic Bank Reports Q4 Profit Drop

Decline was expected but still beat forecasts thanks to 10.8 per cent fall in impairments.

Dubai’s Deyaar Reports 2.3% Rise In 2012 Net Profit

The property developer made a net profit of Dhs38.6 million last year.

Bentley Reports Record Year For Middle East

The Continental GT and GTC W12 continued as the brand’s most popular models in the region.

Mercedes-Benz Reports Record Year In Middle East

Vice President at the automotive company announces 13 new car lines in the next seven years.

Air Arabia Reports 13% Passenger Growth In 2012

The low-cost carrier puts its rise in passenger traffic down to its expansion plans.