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Emirates’ Partner Qantas Reports First-Half Profit As New Strategy Gathers Speed

The airline’s turnaround strategy includes stripping costs, freezing capacity and slashing 5,000 jobs.

Qatar’s Hassad Food Eyes Brazilian Sugar, Poultry Assets

Hassad Food, wholly owned by the Qatar Investment Authority, was set up in 2008 to boost the Gulf country’s food security.

Qatar Recalls Ambassador To Egypt Amid Dispute Over Libya Air Strikes

Doha expressed reservation at Egypt’s unilateral decision to carry out air raids in Libya without consultations with other Arab states.

Zaha Hadid

FOLLOWING PREVIOUS CONTROVERSY regarding her design for Qatar’s Al-Wakrah stadium, Iraqi born Hadid was once…

Kuwait Resumes Oil Exports After Weather Improves

Kuwait briefly halted all its oil exports on Thursday due to a dust storm and bad weather.

UAE Looks East, Eyes Larger Trade With China

The UAE looks to grab a larger share of trade with China, outwitting its Gulf peers.

Stalled EU-GCC Free Trade Agreement Should Be Passed – UK’s Mandelson

The GCC and the European Union have remained in a stalemate regarding the agreement for several years.

Dubai Airports Cargo Volume Jumps 18% In 2014

Combined cargo volumes at Dubai International Airport and Al Maktoum International rose to 3.13 million tonnes last year from 2.65 million tonnes in 2013.

GGICO Launches New Residential Tower In Dubai Sports City

The project mainly comprises of one-bedroom units ranging from 825 square feet to 1,150 square feet.

ADNOC Starts Production At New Ruwais Refinery

The refinery has started production at the crude unit and a hydrotreater and is currently producing gasoil, jet fuel and naphtha.

Yasref Refinery In Saudi Arabia To Load First Gasoline Cargoes

On Feb. 6, the 400,000 barrels per day refinery will load a 60,000 tonne cargo of gasoline on the Serengeti.

Sun & Sand Sports To Create 500 Jobs Across GCC In 2015

Gulf Marketing Group, the parent firm of Sun & Sand Sports, said that it will create up to 1,000 jobs across its brands in 2015.

Misrata Feels Economic Pinch As Libyan Infighting Spreads

Production at the country’s biggest steel works has been cut and the port of Misrata has been forced to restrict operations.

Etihad Cancels New York Flight As Winter Storm Hits Northeast US

The Abu Dhabi airline is offering passengers travelling on January 27 and 28 the option to postpone their tickets.

UAE’s Majid Al Futtaim Reports Pre-Tax Profit Growth Of 10% In 2014

The retail group said that it aims to double the size of its business within the next five years.

Bullets Hit Flydubai Passenger Jet At Baghdad Airport

An aviation official and a security official told Reuters that two passengers were lightly injured but the airline has denied such reports.

Germany Stops Arms Exports To Saudi Arabia

Members of Germany’s national security council declined to approve arms export to Saudi Arabia or deferred their decision until further notice, German newspaper Bild am Sonntag said.

Yemen Leader Ready To Accept Demands Of Houthis After His Guards Defeated

Hadi said the group had a right to serve in posts in all state institutions, and a draft constitution that has been a source of disagreement was open to amendment.

Lower Oil Prices Can Help Airlines Post “Unprecedented Profits” – Emirates Head

Tim Clark says airline industry will reap the benefits of lower oil prices in 2015.

New Saudi-Sinopec Oil Refinery Starts Exports

The company did not specify where the shipment was headed to.

Revealed: Best Passports In The World For Travel

Finland, Germany, Sweden, the UK and the US, who can all access 174 countries visa-free, top the list.

Saudi Arabia Mulls Privatisation Of Major Airports

The official, however, did not specify the total number of airports in the Kingdom that will be privatised.

Oil Prices Extend Fall Despite Record China Imports

Both Brent and U.S. crude are at their weakest since April 2009 and have fallen for seven straight weeks.

UAE’s Shah Gas Project Online, To Reach Full Capacity By Year-End – ADNOC

The project will process around one billion cubic feet a day (bcf/d) of sour gas into 0.5 bcf/d of usable gas.

UAE Tops Global Sports Sponsorship Investment In 2014

In 2014, UAE companies, led by Emirates and Etihad, invested $163 million in shirt sponsorship, finds new report.

Bahraini Protesters Clash With Police Over Opposition Leader’s Detention

A witness said that protest marches turned violent, with dozens of young men throwing petrol bombs at security forces who fired bird shot and tear gas back.

High Noon On The Gulf Coast: Canada, Saudi Oil Set For Showdown

Saudi Arabia is offering crude at discounted prices in an attempt to defend its remaining share of the regional market, which has shrunk by more than half in recent months.

Arabtec Denies Reports Of Immediate Acquisitions

The company’s statement follows reports that it had assigned a consultant to advise on potential take over bids.

Etihad Forecasts Normal Operations Post Fog Delay

The airline will also review the amount of time its flights can be on the tarmac with passengers on board, following reports of passengers being held on a plane for nearly 12 hours.

Delayed Etihad Flight Held On Tarmac For 12 Hours, Passengers Say

Passengers said that they were asked to wait in the plane because Abu Dhabi International was too crowded with travellers from other stranded flights.