Qatar Bolstering SWF Team To Diversify Portfolio

The $100 billion-plus sovereign fund is scouting for opportunities in Asia and the United States.

Bahrain Sovereign Fund Mumtalakat Signs $250m Loan Refinancing

The new credit facility covers about half of a $500 million five-year loan which the fund had signed in August 2008.

Homeopathy Gains Popularity In UAE

A leading practitioner says an increasing number of Emirati women are opting for the alternative medicine system.

Dubai To Sell Fontainebleau Hotel In Miami To Turnberry

Dubai World paid $375 million for a 50 per cent stake in Fontainebleau Miami Beach in 2008.

UAE Telcos Suspend Three Million Mobile Subscriptions

Etisalat and du are suspending services of subscribers who have not registered their SIM cards on time.

1,000 New Jobs Created In Dubai’s DIFC In H1 2013

Dubai International Financial Centre currently has 979 registered companies with a total workforce of 15,000.

Etihad Launches New In-Flight Child Care Programme

Etihad’s Flying Nanny programme aims to assist families during long-haul flights.

Deyaar And Dubai Properties Launch New Tower In DIFC

The 48-storey residential tower is part of the group’s Central Park project in the DIFC.

Dubai’s Drake Wins $113m Louvre Abu Dhabi Museum Contract

The mechanics, engineering and plumbing contract was awarded by a joint venture led by Arabtec Holdings.

Attackers Torch Saudi Religious Police Building

No one was injured in the incident, which reportedly occurred at dawn on Saturday.

Woman Who Threatened To Bomb Dubai Building Detained

An Uzbek woman threatened to blow-up the Dubai Public Prosecution building on Sunday following a personal dispute.

Arab States Urge Action Against Syrian Government

The League of foreign ministers also said those responsible for the chemical gas attack should face trial.

Saudi Arabia Says It Backs US Strikes If Syrian People Do

The US is preparing strikes against the Syrian government, blaming it for a chemical gas attack that killed hundreds of civilians.

Employee Relocation Will Cut Over-Supply In Abu Dhabi’s Property Market

Abu Dhabi’s residential property market could see new demand as the deadline for employee relocation ends today.

Dubai’s ENOC Loses Deal To Fuel US Military Jets

Chevron won the new contract to supply U.S. allied military jets refuelling in Dubai.

RAKBANK Confirms Ex-CIMB Executive As New CEO

Peter England, previously a senior banker at Malaysia’s CIMB Group, will replace Graham Honeybill.

Yellow Cab Pizza Chain To Launch In UAE

The Philippines-based casual dining chain will open two outlets in Abu Dhabi this year.

UAE’s Etihad Sees Clearance For Jet Deal, Extends Deadline

Etihad agreed to pay $379 million for a 24 per cent stake in Jet in April.

Etihad Cargo Tonnage Up 37% In July

Tonnage figures were largely driven by increases in key export markets such as India, Hong Kong and China.

Saudi’s Alkhabeer Capital Acquires US Property

The investment fund, in partnership with USAA Real Estate Company, bought an office building in Houston.

Real Estate Shares Lead Dubai Bourse Rebound

Dubai’s index lost 5.4 per cent last week over worries of a U.S. military strike in Syria.

Brazil’s Exports To The Middle East Hit $6.5bn In H1 2013

Saudi Arabia was Brazil’s top trading partner in the Middle East during the first half of the year.

Saudi Arabia Raises Military Alertness Over Syria – Sources

Saudi Arabia’s defence readiness has reportedly been raised to “two” from “five”.

Web-Based Apps Pose Tricky Problem For Saudi Monitors

The number of Twitter users in Saudi Arabia nearly doubled in six months to 2.9 million in July 2012, amounting to a little over 10 per cent of the population

Exclusive Interview: Sanjay Verma, Indian Consul General To The UAE

In an excluisve interview with Gulf Business, Sanjay Verma talks about how India and the UAE can further their relationship for mutual benefit.

TIMELINE: Qatar World Cup 2022 Controversies

A look at the roller-coaster ride of Qatar’s 2022 World Cup bid, and the allegations made since.

Can You Take Legal Action In The UAE If Your Phone Is Faulty?

Data lost cannot be replaced or compensated through legal means, say experts.

Bahrain’s Ithmaar Bank Says CEO To Retire On Aug 31

He will be replaced by Ahmed Abdul Rahim, currently general manager, as acting head.

Dubai Eye To Broadcast Live Premier League Matches

Arabian Radio Network has secured the rights to transmit live online and radio coverage of all matches from the top English league.

Dubai’s DP World H1 Net Profit Rises 9.1%

The company has been selling assets globally and exiting markets where it does not have a significant presence.