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Bahrain Mulls Social Media Law

Officials say new laws are needed to prevent misuse of social networking tools in the country.

Tenancy Contract Must For UAE Visa

Officials have confirmed that expatriate residents need to provide tenancy contracts and utility bills to renew visas.

Kuwait’s Index At Four Month Low

Political uncertainty has resulted in economic uncertainty for the country as markets drop.

Brent Prices Drop Below $97

Concerns about the Eurozone debt crisis pushed crude oil prices towards its lowest so far this year on Tuesday.

Oil Prices Reach Above $102

The $125 billion aid package received by Spain to boost its banks has revived oil demand hopes.

Saudi Posts 5.9% Q1 GDP Growth

The Kingdom’s GDP growth during the first quarter of 2012 reduced slightly compared to the fourth quarter of last year.

Oman LNG Eyes 20% Output Rise

The company currently produces around eight million tonnes of liquefied natural gas a year.

Qtel Raises Asiacell Stake

Qatar Telecom will pay $1.47 billion to increase its stake in Iraqi operator Asiacell to 60 per cent.

The Power List GB 2012

Gulf Business presents the world’s most influential Arabs.

Abu Dhabi Airport Posts 22% Growth

Over 1.2 million travellers passed through the Abu Dhabi International airport during April 2012.

Reviewed: Grand Cherokee 2012

The new Jeep Grand Cherokee flexes both urban and off-road muscles, writes Alicia Buller

Abu Dhabi Bank Opens UK Branch

Abu Dhabi Islamic Bank’s UK branch, located in an upscale development, hopes to target wealthy Gulf clients in Britain.

Top 10 IPOs In The GCC

Gulf Business rounds up the top IPOs issued in the region in terms of capital raised, as revealed by Ernst and Young.

Qatar Safety Questioned

A day after a shopping mall blaze killed 19 people, two more fires have broken out in the country.

Dubai’s Economy Grew 3.4% In 2011

Improving tourism and strong trade flows helped the emirate’s GDP reach Dhs306.2 billion last year.

19 Killed In Qatar Mall Fire

Ministry officials have not yet determined the cause of the fire and are investigating the incident.

UAE Gives Up Beef With French

Imported meat ban is lifted as UAE’s Ministry of Environment and Water signs new agreement.

Facebook, Banks, Sued Over IPO

Investors have accused the company of hiding weakened growth forecasts ahead of its $16 billion IPO.

Nationals Snap Up Qatar Property

Real estate projects in Qatar are not yet seeing an interest from global investors, say industry experts.

The Ascent Of Aluminium

The GCC’s share of global aluminium production could reach ten per cent by 2022, but the sector faces hazards.

10 Reasons Why Dubai Is Back

Gulf Business rounds up ten indicators that show that the emirate is back on the growth trajectory.

Greece’s Exit Will ‘Rattle’ GCC

If Greece leaves the Euro next month the impact will be indirect but significant for the Gulf, say experts.

Aabar Clarifies Arabtec Stake

Aabar said that it had only raised its stake in Arabtec to 20.7 per cent and not 53 per cent as previously reported.

Kuwait’s Finances Concern IMF

The IMF questions Kuwait’s fiscal stimulus and warns of the sustainability of public finances.

Qatar Buys Stake In Shell Oil

Qatar Investment Authority has reportedly acquired between three to five per cent of oil major Royal Dutch Shell.

Cleared For Landing?

The GCC region plans to spend $300 billion on aviation in the next decade. But how much is too much?

Saudi Pumps 10 Million bpd Of Oil In April

Saudi also has 80 million oil barrels in storage for sudden need, the Kingdom’s oil minister Ali al-Naimi said.

UAE, Saudi Pledge More Oil To South Korea

The Gulf states have assured South Korea that they will make-up for any shortfall of oil supply from Iran.

Salesmen Banned From Saudi Perfumeries

Cosmetics and perfume shops in the Kingdom will only be allowed to employ women staff from June 30.

Arabtec Group Identified For $3bn Airport Deal

An Arabtec consortium is in final talks for a $3 billion contract to expand Abu Dhabi’s international airport.