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The Great Iraq Threat

Saudi Arabia is right to be concerned about the rise of new hydrocarbon superpowers, writes Yadullah Ijtehadi.

World Oil Import Bill May Hit $2trn

The International Energy Agency has warned that if crude oil prices don’t fall, oil import bills may soar to record levels this year.

Pension Fund Will Benefit UAE Expats

As officials in Dubai complete the study for an expatriate pension scheme, experts say that the move will protect workers and improve the economy.

RBS Shares Rise After Abu Dhabi Takeover Talks

Britain is reportedly holding talks with Abu Dhabi to sell a part of its stake in Royal Bank of Scotland.

Review: Camaro SS

The Camaro SS isn’t subtle with a 6.2 litre V8 engine that hits 0-100km/h in 5.4 seconds. And that’s what’s great about it.

DP World To Repay $3bn Loan Early

The port operator has said that it will pay off its loan, which matures in October, six months ahead of schedule.

Dubai Falls Behind Abu Dhabi For Fraud Detection

While the UAE capital has taken stringent measures to ensure compliance, Dubai and the other emirates are still lagging behind, say experts.

First Gulf Lends $350mn to AKT

The UAE lender’s loan will help Indonesian coal producer AKT to meet its working capital needs.

Twitter Boasts 140 Million Users

The micro-blogging site, which is celebrating its sixth birthday, is now seeking to find the right revenue model.

Kingfisher To Stop International Flights

India-based Kingfisher Airlines, which operates daily flights to Dubai, said that it was cancelling all its international routes.

UAE Needs To Improve Workers Rights

While authorities have taken steps to improve the rights of workers at Saadiyat island, more is needed, says Human Rights Watch.

Sorouh Elects New Chairman

The Abu Dhabi property developer, which is eyeing a possible merger with Aldar, replaced its chairman last week.

Ecclestone: “Nobody’s Going To Shoot”

F1 boss says there won’t be violence at Bahrain race and protests should be peaceful.

Why Gas Is A Rising Star

Peter Shaw-Smith outlines the global story of gas, which countries are producing the most LNG, and why it matters.

Kuwait Airways Strike Costs $1mn

The strike caused by the carrier’s employees over a pay hike led to the cancellation of 10 flights within a four-hour period.

Gazing Into The Crystal Ball

Investing in Facebook’s IPO in 2012 may not be the best idea, writes Matein Khalid, fund manager in a royal investment office.

Aldar, Sorouh Dealings “Transparent”

The merger talks between the two Abu Dhabi-based developers are in compliance with corporate governance, a senior official has said.

GCC To Produce 10% Of World Aluminium

Investment in the GCC’s aluminium industry has reached $14 billion to date.

Will Morocco Join The GCC?

There has been no consensus on Morocco joining the elite bloc as yet, but could this be the beginning of a beautiful friendship?

Qapco, Taiwan’s CTCI Sign Deal

Qatar Petrochemical Company has awarded construction contracts worth QR604 million to expand its ethylene plant.

Starting Out

Dania Saadi reports on the new wave of entrepreneurs spreading across the Gulf, boosted by growing funding opportunities.

OPEC Pumps Record Volumes

Despite demand worries, OPEC oil production reportedly reached 30.97 million bpd in February, the highest since November 2008.

A Tale Of Two Hotels

Dubai will soon welcome two large hotels located in close proximity. But will they be able to co-exist and attract enough demand?

Company Formation Evolves

Higher foreign ownership in firms could change the way companies are created in the UAE, writes John Martin, founding partner and CEO of Links Group.

New Commissioners At Kuwait’s CMA

Kuwait’s controversy-ridden stock market regulator, Capital Markets Authority (CMA), has appointed three new commissioners.

UAE Warns About Herbal Products

The health ministry has said that many herbal products may contain harmful drugs and are also packed in unhealthy conditions.

DFM Sees Rising Activity

The value and volume of shares traded on the Dubai Financial Market increased in February.

New System To Check Prices In UAE

The Ministry of Economy will now be able to monitor the flow of essential goods and their prices across the country.

Lacoste Builds ME Brand Presence

The brand hopes to increase its regional visibility by continuing to sponsor events like the Dubai Duty Free Tennis Championship.

UAE Traffic Fatalities Drop In 2011

The number of people killed in traffic accidents fell by 12.8 per cent last year, according to the interior ministry.