Saudi Arabia Arrests Dozens In Protest Over Prisoners

Witnesses said police surrounded around 100 protesters at a demonstration in Buraidah on Tuesday and made some arrests.

Open Books For Bonds – GCC Companies Must Bare All

The mandatory practice is unfamiliar to many local businesses but must be complied with in order to tap the growing markets.

Dubai’s Ruler Confident Of Hosting The “Best”- Ever World Expo

The UAE is ready to host an unforgettable World Expo 2020, says Sheikh Mohammed bin Rashid Al Maktoum.

Emirates Launching A380 Los Angeles Services

Demand for high-profile aircraft has been on the rise and deemed a “natural fit” for the city’s luxury Hollywood lifestyle.

UAE-based Caterpillar Dealer Unatrac Signs $700m Loan

The company will use the amount to fund operations and refinance existing debt.

Oman Needs To Slash Spending To Keep Budget Sustainable – IMF

The sultanate needs to adjust its fiscal balance by around 10 per cent of GDP over the medium term, said the IMF.

The Dangers Of Unsafe Lifts In Dubai

Fraudulent lift companies are risking lives in the UAE and costing the industry millions of dirhams, say industry insiders.

Emirates Plans Indoor Aviation Theme Park In London

The 330 square metre facility will highlight operations and achievements of commercial air travel.

What Does The MSCI Upgrade Mean For UAE, Qatar?

The two nations have been upgraded from frontier markets to emerging markets by index compiler MSCI.

Qatar’s Stock Market Surges On MSCI Upgrade

The Gulf state’s bourse jumps to its highest level since September 2008.

Aluminium Bahrain Appoints Ali Al-Baqali As CFO

Baqali joined Alba in 1998 and had been acting chief finance and supply officer since October 2012.

UAE Picks Excelerate Energy To Build LNG Terminal

The facility at Fujairah is expected to have an annual import capacity of nine million tons of LNG.

MSCI Raises UAE To Emerging Market Status

Qatar is also raised up from the frontier market while the classification body continues to monitor Egypt’s markets.

UAE Car Sales To Top Pre-Crisis Peak

Sales are on target for 380,000 vehicles this year, up 23 per cent on 2012 and 40,000 more than in 2008.

Exclusive Interview: Etihad Airways CEO, James Hogan

Etihad Airways is avoiding legacy alliances to build its own one-on-one partnerships and is reaping the results, says Hogan.

Qatar Airways Pulls Seychelles Flights

The battle for Seychelles travellers has intensified in the Gulf following the Etihad-Air Seychelles alliance

Al Ahli Football Coach Flores Quits

The former player led Al Ahli to lift the Etisalat Cup and President’s Cup in his two-year reign.

Saudi Airports Agency Picks Banks For Huge Riyal Sukuk

The size of the new Islamic bond could match the firm’s record-breaking $4 billion debut sukuk issued in 2012, say sources.

UAE’s Sharaf Retail To Hire 1,500 Staff In 18 Months

The company, which operates brands such as Sharaf DG and Forever 21, is rapidly expanding across the region.

Dubai World Unit Sells UK Asset To Brookfield

This is the first major sale of a foreign asset by Dubai World as it restructures its debt.

Kuwaiti Woman Jailed For Twitter Insults

Kuwait has penalised several Twitter users in recent months for slurs against the emir, Sheikh Sabah al-Ahmad al-Sabah.

Dubai Sovereign Fund ICD Signs Upsized $2.55bn Loan

The new deal, which was arranged by a group of eight local and international banks, refinances an existing $2 billion facility.

Dubai Group’s Battered Assets A Pain For Creditors

Dubai Group and its lenders have been locked in a complex debt restructuring.

Dubai Loans Driven By Local Banks

Regional banks have been well capitalised since the 2009 crisis and now driving the economic recovery.

UAE Ready For MSCI Upgrade – Expert

The UAE and Qatar are hoping to receive an upgrade to emerging market status during a review of the MSCI indexes on Wednesday.

Dubai Unveils World’s Tallest Twisted Tower

The Dhs1 billion tower, located in Dubai Marina, is developed by Saudi’s Cayan Group.

UAE Banks Ask Central Bank To Allow Loan Transfers For Nationals

The UAE regulator issued a circular last month, directing banks to halt loan transfers for three months.

Citigroup To Exit UAE Interbank Rate Setting Panel

The move will increase the dominance of local banks over foreign banks in the panel that determines Eibor.

Dubai’s Deyaar To Launch Two Property Projects This Year

One of the projects, a residential development in Business Bay, will be worth about Dhs500 million.

Air Arabia Starting Yerevan Services

Sharjah low-cost carrier to take on flydubai as it seeks to capitalise on Armenia’s growing popularity.