American Jailed In UAE For YouTube Parody Video

Shezanne Cassim, 29, has been detained since April after publishing the 20-minute “mockumentary” film.

Saudi Arabia Sets Modest Spending Rise In 2014 Budget Plan

Next year’s 4.3 per cent rise in planned spending is far smaller than the 19 per cent leap envisaged by the 2013 budget plan.

Dubai’s New Rent Ruling Favours Landlords – Expert

The ruling aims to encourage owners to renew existing leases rather than bring in new tenants at much higher rates, says expert.

Abu Dhabi Firm Buys Stake In Australia’s Swala Energy

The deal, valued at $2.9 million, is Hayaat Group’s first investment in East African oil exploration.

Kuwait Ministers Submit Resignations To PM

The move could pave the way for a cabinet reshuffle.

Qatar Fund In Talks To Invest $200m In Indian Property

Qatar Investment Authority is holding “conversations” with Kotak Realty Fund, says source.

Top 10 Most Searched Rental Locations In Dubai

Dubai Marina topped the list of Dubai’s most searched locations to rent property in, according to propertyfinder.ae.

Bahrain To Double Diesel Prices By 2017 To Cut Subsidy Burden

The price will rise to 120 fils ($0.32) per litre next Jan. 14, to 140 fils in Jan 2015, 160 fils in Jan 2016 and 180 fils in Jan 2017.

Abu Dhabi-listed United Arab Bank Signs $250m Loan

The two-year loan facility will be used to fund the lender’s general business.

Dubai’s Drake & Scull Wins $109m Contract In Qatar

The firm won a deal for mechanical, electrical and plumbing work at the Mall of Qatar, which is now under construction near Doha.

Qatar To Boost European LNG Sales As Gas Trades At 7-Year High

Qatari shipments to Europe under medium- or long-term contracts will rise 22 per cent in 2014, the biggest jump since 2009.

Experts Urge Greater Support For UAE Female Start-Ups

Young female entrepreneurs in the UAE require greater mentorship and hands-on-training, say businesswomen in the country.

Saudi King Appoints Son To Head Mecca Province

Prince Mishaal replaces Prince Khaled al-Faisal, who has been made education minister.

Qatar Plans First IPO Since 2010

Mesaieed Petrochemical, a unit of Qatar Petroleum, plans to launch an $880 million IPO In January.

MAF To Develop $467m Mall of Oman Project

The mall, set to become the largest shopping destination in the Sultanate, will house 350 stores.

Dubai’s Ruler Issues New Decree To Regulate Rents

As per the ruling, landlords can raise rents by 20 per cent if contracts are 40 per cent or more below average prices.

UAE Ranks High On Global M&A Attractiveness Index

M&A activity in the UAE has been picking up pace as market conditions improve.

Qatar Airways Starts Hangzhou Flights

Doha carrier flies into scenic Hangzhou which features a rapidly expanding hi-tech and hotel scene

Arabtec Launches New Property Arm In UAE

The builder said it would set up real estate development units in Dubai and Abu Dhabi.

UAE Telcos Launch Mobile Number Portability

The mobile number portability service will come into effect on December 30.

Alitalia In Talks With Etihad For Possible Investment

The struggling Italian carrier is studying other options as well, said its CEO.

Apple’s iPhone 5 Is UAE’s Most Popular Smartphone – TRA

iPhone 5 had a marketshare of 2.8 per cent in the third quarter, slightly higher than Samsung’s Galaxy S3.

Saudi Oil Minister Says Market Fears Oil Shortages

Al- Naimi played down any suggestion the Kingdom was ready to cut production to accommodate increased supply.

BAE Systems Falls After UAE Halts Eurofighter Talks

The company had been in discussions with the UAE about a deal possibly worth around $9.82 billion.

Saudi Deportations Leave Broken Dreams In Africa, Asia

More than a million immigrants from across the world have left Saudi Arabia since March.

Broadening Dubai Derivatives

As the UAE market outlook improves, DGCX is looking to expand its offerings.

How Does Air Traffic Control Work At Dubai International Airport?

Ever wondered how your aeroplane is guided out of the airport? Or how aircrafts don’t bump into each other in the sky? Here’s a step-by- step guide.

Dubai Ranks 23 Among World’s Most Expensive Office Markets

Dubai’s office rental market growth is driven by the emirate’s favourable economic and investor-friendly conditions.

Commercial Bank Of Dubai Obtains $450m Loan

Proceeds from the three-year loan will be used for general business purposes.

Bahraini Batelco’s Foreign Ambitions Crimped

The Bahraini operator bought Cable & Wireless Communications’ (CWC) Islands division for $570 million in April.