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Top Dubai Refiner Kaloti Obeying Conflict Gold Rules, Audit Finds

Reports by UK media in February alleged the group had failed to examine suspicious deals.

Kuwait Petroleum Eyes Stake In Indian Refinery

India, the world’s fourth largest oil consumer, imports about 80 per cent of its oil needs.

VoIP Services Such As Skype, Viber Illegal In UAE, Clarifies Regulator

The TRA has issued a brief statement saying only Etisalat and du are licensed to provide VoIP services in the country.

FIFA To Discuss Dates For 2022 Qatar World Cup On Sept 8

Officials from football associations worldwide will debate on whether to shift the tournament from the summer months.

The UAE Should Publish More Data Online – UN Expert

The UAE needs to make more public information available online to improve its ranking on the UN e-government survey, an official said.

Iran Agrees On Gas Export Volume With Oman

Oman first agreed to buy gas from Iran in 2005, but price disagreements and Western sanctions that have stunted Iranian energy projects prevented any real progress.

Emirates Executive Says Airline Is Not Interested In Qantas Investment

An investment in Qantas does is not in line with the airline’s strategy, Emirates’ COO Thierry Antinori said.

Iraq Violence Killed At Least 1,420 In August – UN

About 1,370 Iraqis were wounded and 600,000 people forced to flee, the United Nations said.

Dubai Airport Passenger Traffic Slips 2.9% In July On Runway Work

Dubai International cut back flights by about 26 per cent for 80 days from May 1 as both its runways were upgraded.

UAE’s Masdar Delivers Samoa’s First Wind Farm

Located on the Samoan island of Upolu, the 550KW project was funded by UAE-Pacific Partnership Fund.

West Africa Ebola Outbreak Could Infect 20,000 People – WHO

Global health watchdog WHO says that the virus could spread to 10 other countries beyond the four now affected.

Libya’s Oil Recovery May Be Short-Lived As Country Risks Falling Apart

Libya’s oil production rose significantly during the last two months but experts say the ongoing internal conflict could be counterproductive.

Saudi Arabia Denies Scrapping Plan To Reduce Working Hours

The confirmation comes after media reports indicated that the ministry is withdrawing the proposal to shorten working hours in the private sector.

Dubai’s DP World H1 Net Profit Rises 26%

The company, one of the more profitable assets of debt-laden Dubai World, posted a first-half net profit of $332 million.

IMF’s Lagarde Put Under Investigation In French Fraud Case

Christine Lagarde was questioned by magistrates in Paris for a fourth time this week under her existing status as a witness in a political fraud affair.

What’s In The Gaza Peace Deal?

Both sides have agreed to address issues such as the release of Palestinian prisoners and Gaza’s demands for a sea port.

Stock News: Arabtec Lifts Dubai

Investors are hoping Abu Dhabi’s Aabar will soon buy a part of the 27.9 per cent stake held by Arabtec’s former CEO Hasan Ismaik.

Kuwait Energy Keen To Invest More In Iraq – CEO

Sara Akbar said the violence in Iraq was temporary and could not overshadow the country’s vast potential for relatively easy oil.

Dubai’s TECOM Launches New Freehold Villa Community In Barsha

The development, called Villa Lantana, will feature 440 units including three, four and five bedroom homes.

Qatar Seeks To Free More US Hostages In Syria

The Gulf Arab state’s diplomacy recently helped free Peter Theo Curtis, an American journalist held since 2012.

Oil Edges Above $102, Supply Risks Support

Geopolitical tensions in Ukraine and Libya pushed up prices, although ample supply limited the rebound from last week’s 14-month low.

Special Report: The End of Iraq?

The country we all know as Iraq may never be the same again and that poses problematic questions for the stakeholders in its economy.

Lackluster Gold Prepares For Long Period Of Stagnation

With the dollar strengthening and equities showing a better return, the metal has run out of reasons to rise.

Nakheel Awards Dhs146m Construction Contract For Jumeirah Islands

Metac General Contracting has won the contract to build 84 townhouses and a new retail centre within the new development.

Kuwait Detains Muslim Cleric Suspected Of Funding Militants

Hajjaj al-Ajmi was detained at the airport on his arrival from Qatar.

UAE Tells Citizens To Avoid Central London Areas Due To Crime

The warning comes after two violent attacks on Emirati tourists in the UK capital this year.

German Minister Accuses Qatar Of Funding Islamic State Fighters

Gerd Mueller presented no evidence of a Qatari link to Islamic State.

Google Considering YouTube, Gmail Accounts For Kids

Internet companies such as Google and Facebook Inc do not offer their services to children under 13.

Dubai Creates New Fund Class To Lure Asset Managers

The qualified investor funds (QIFs) can be offered only to experienced professional investors and require less regulation.

Two Suspected Ebola Patients Flee Hospital in Saudi Arabia

The two men ran away from a rural health center in the Al Madinah province in Saudi Arabia, according to reports.