Emirates Starts Daily Kiev Services

Ukraine-UAE inbound market set to double.

Dubai Launches Entrepreneurship Academy

The academy aims to equip entrepreneurs with practical skills and knowledge they need to become future businesspeople.

UAE Attracts Top Talent Ahead Of Expo 2020

Around 49,000 LinkedIn members have moved to the UAE in the last 12 months.

Dubai Group Signs $10bn Debt Restructuring Deal

Ahmed al-Qassim was appointed chief executive of Dubai Group last week.

New Saudi Airline In $2bn Deal For Bombardier Planes

Bombardier has so far seen slow orders for the CSeries after several months of development delays.

Nakheel Appoints Halcrow To Design New Palm Attraction

The new project, called The Boardwalk, will run across the whole of the existing crescent with a pier at either end.

UAE To Attract $14.4bn FDI In 2014

The UAE attracted FDIs worth $12 billion in 2013 owing to increased government spending and resurgence in some service sectors.

Saudi-Qatar Rivalry Divides Syrian Opposition

Syrian National Coalition is expected to decide this week whether to take part in the Geneva-2 conference in Switzerland.

Qatar’s Masraf Al Rayan Buys Islamic Bank Of Britain

IBB was majority-owned by another Qatari lender, Qatar International Islamic Bank.

Qatar Holding Deal Maker Fakhroo Leaves For Govt-Linked Role

Aziz Aluthman Fakhroo, a Qatari national and a director at the fund’s mergers and acquisitions team, left late last year.

Qatar’s Delayed Hamad International Airport To Open Mid-2014

The airport’s passenger terminal will be opened with a larger-than-planned capacity of 30 million.

Bahrain Crown Prince Meets Opposition On Ending Political Deadlock

Reconciliation talks were suspended last week in a setback for efforts to stabilise the country.

UAE Salmon Farms: A Big Catch

An Abu Dhabi company plans to bring the region’s first ever salmon farm to the capital.

Etisalat Hires Standard Bank For Nigeria Tower Sale

Etisalat Nigeria could raise $400 million by selling its transmitter towers.

Lenovo Launches First LTE Smartphone, Vibe Z, In UAE

The phone, priced at Dhs1999, will be available in the country by the end of February.

Oman’s Galfar MD Hit By Corruption Verdict Resigns From Board

Mohammed Ali was handed a three-year jail term and ordered to pay fines worth 600,000 rials

Saudi’s Samba Q4 Profit Up 15.8%

Samba attributed the profit rise to an increase in operating income.

Saudi’s Mobily Q4 Profit Rises 8.6%, Beats Forecasts

The company said more income from data and business clients were the reason for the quarterly and annual profit increases.

US, Gulf Arab States Pledge $1bn In Fresh Syria Aid

An international donor conference in Kuwait is intended to help the UN reach a $6.5 billion aid target.

Bank Muscat Meets Q4 Forecasts With 42% Profit Hike

Results were boosted by the $38.8 million payout from insurers after the bank was the victim of a major cyber fraud case.

Bahrain’s GFH Agrees Part Sale Of Leeds United Stake

GFH bought Leeds United in December 2012 through its Dubai-based subsidiary, GFH Capital.

Abu Dhabi To Give Foreigners Freehold Property Titles

The capital of the UAE has designated areas for property investment by foreigners.

Nakheel Launches New Plots For Sale At Jumeirah Village Circle

Prices start at Dhs10 million and the plots can be used for residential, hotel or commercial development.

Dubai Ruler: Private Sector Emiratisation To Increase 10-Fold By 2021

Sheikh Mohammed launched the UAE National Agenda for the next seven years on Tuesday.

Qatar’s QNB Q4 Profit Up 13.7%

The bank reported a net profit of 2.4 billion riyals ($659 million) for the final three months of 2013.

First Jubail Diesel Cargo Adds To Pain For Europe’s Refiners

Saudi Aramco is set to ship the first cargo of diesel to the Mediterranean for January 23 loading.

10% Of UAE’s Mobile Users Switched Operators Since MNP – Survey

The UAE recently introduced mobile number portability (MNP), which allows users to switch operators while retaining their number.

97% Of UAE’s HNWIs Use Social Media

A study shows 73 per cent of them prefer LinkedIn over Facebook or Twitter.

ADNOC Cuts Prices Of LPG Cylinders In Northern Emirates

The price of a 25 lbs capacity cylinder has been reduced to Dhs54 from Dhs61.

Dubai Duty Free To Launch Online Shopping

Executive vice chairman Colm McLoughlin said the company will focus on the new Al Maktoum International airport.