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Mashreq Reports 60% Jump In 2012 Net Profit

The bank’s profit rose on the back of increased fee and investment income.

Waha Capital Reports 38.1% Rise In Profit

The Abu Dhabi-company put the increase down to its shares in aviation investee company Aercap.

Emirates Targets Japan Exports Growth

New services to Haneda Airport will provide Japanese exporters and passengers more flexibility when connecting to the airline’s global network.

UAE, Turkey Trade Up 197% In H1 2012

Trade exchanges between the two countries reached $5.3 billion during the first half of the year.

NBK Reports Flat Profit Growth For 2012

National Bank of Kuwait posts profits of $1,085 million for 2012, one per cent growth on the previous year.

Algeria Ends Desert Siege With 23 Hostages Dead

The siege at the gas plant in the Sahara desert began on early Wednesday.

Vodafone Qatar Reports Narrowing Q3 Loss

A 26 per cent rise in customers helps the operator trim its losses.

Exclusive: CEO Of Abu Dhabi Ports Talks Phase One

Tony Douglas, CEO of Abu Dhabi Ports Company, reports on delivering phase one of the capital’s most ambitious project to date.

Gulf Airports Warned Over Security Threats

Regional airports were warned today to remain vigilant from ever-present security threats.

Dubai Trade Increases By 9%, Says DCCI Head

Exports and re-exports touch Dhs 268 billion, as Dubai Chamber plans to open new offices in Kurdistan and Ethiopia during 2013.

Rolls-Royce ME Reports Record Year

Sales in the Middle East were up 26 per cent as Saudi and Abu Dhabi performed strongly, says global CEO.

Dubai Airport’s Terminal 1 To Receive Upgrade

Once the refurbishment of Terminal 1 is complete next year, it will be linked via a new elevated train system to Concourse D, which is currently under construction.

Crescent Petroleum Supports Dana Gas Restructuring

Abu Dhabi-listed Dana reached an agreement with creditors to amend terms of a $920 million Islamic bond.

Gold Prices Crawl Up, Shaky US Jobs Data Supports

The precious metal had dropped to a more than four-month low of $1,625.79 on Friday.

Abu Dhabi Foreign Trade Up 37.6% In 2011

Exports rose 38.5 per cent to Dhs416 billion, driven by a rise in oil prices.

Saudi Arabia Bans Brazil Beef Imports

The decision follows Egypt’s ban after fears of mad cow disease case.

Abu Dhabi Ports CEO – ‘There Is No Danger Of Overcapacity’

Exclusive: Tony Douglas, boss of ADPC, said the newly opened Khalifa Port will mop up Mina Zayed’s traffic and benefit from rising MENA trade.

Oman Eyes Broader Role For Private Sector To Create Jobs, Diversify

Unemployment in the Gulf state currently stands at around 24 per cent, according to the IMF.

Etihad Set To Buy 48% Stake In India’s Kingfisher Air

The deal is worth an estimated $550.3 million, according to Indian press reports.

Road To Riches: Luxury Cars

Whether it’s modern plush or vintage charm, the luxury car market is booming. And car lovers in the Middle East are among the world’s top consumers.

Emirates Flight Training Academy Targets 2014 Launch

Dedicated facility at Dubai World Central Airport will help meet demand surge for professional pilots

Chinese Textile Traders Eye Middle East Investment

Around 120 textile and garment suppliers from China are in Dubai to woo regional distributors.

Etihad Airways To Buy Stakes In Indian Airlines

Abu Dhabi’s flagship carrier is eyeing up minority stakes in Jet Airways and SpiceJet.

5 Mins With… Peter Payet, Senior VP, Arabian Adventures

The boss of Dubai’s major excursions firm says the UAE’s cruise sector is one to watch.

Mashreq CEO: UAE Banks Ready To Lend Again

The local banking sector has ample liquidity and lenders are ready to grow, says Abdul Aziz Al Ghurair.

How To…Deal With Bad Publicity

In today’s world, PR disasters are just one ill-judged tweet away. Kevin Hasler, general manager at BPG Public Relations, explains how to manage negative publicity.

Agility Reports 20% Rise In Q3 Profit

Kuwaiti logistics firm sees its net profit reach $34.54 million for the quarter even as it faces charges of fraud.

Fast Growth Patterns For MENA Exports

The next decade will see soaring growth rates in Middle East exports to Asia and beyond.

At Least 22 Dead In Riyadh Explosion

Latest TV reports say at least 111 people were injured. Explosion caused by fuel truck crashing.

Turkey Targets $100 Billion Arab World Trade In Five Years

Turkey has good cause to be happy with its millennial decision to instigate a strategic international realignment from Europe to the Middle East, say analysts.