Saudi Arabia To Sell More Crude To India In July

Two refiners in India have asked for additional cargoes to make up for a loss of supplies from Iran, say sources.

Al Noor Hospitals Seeks Up To $390m In London Float

Healthcare businesses in the Gulf region are expected to boom in coming years as rising wealth couples with an increase in so-called lifestyle diseases.

UAE Regulator To Allow Trading In Share Offer Rights

The reform allows a shareholder who does not want to or cannot subscribe to a share issue to sell the rights.

Indonesian Workers Protest At Consulate In Saudi Arabia

Workers have queued outside government offices and some consulates for days on end over recent weeks in daytime temperatures topping 40 degrees centigrade.

Malcolm Gladwell: “UAE Has An Enormous Advantage”

The author behind best-selling books The Tipping Point and Outliers speaks exclusively to Gulf Business.

Special Report: Turbulent Times For Qatar Airways

Gulf Business reveals the trials of Qatar Airways CEO, Akbar Al Baker.

Bahrain Bank Al Khair Eyes Retail Push With Khaleeji Merger

Islamic banks Al Khair and Khaleeji have set up a committee to study the feasibility of a merger.

New English Language Test For UAE Companies

The British Council has released a new English language assessment tool called Aptis to assist multinational firms in the UAE.

Dubai’s Arabtec-Led Consortium Wins $629m Jordan Project

The contract to build Saraya Aqaba was awarded to a consortium of Arabtec, Drake and Scull and Consolidated Contractors Co.

Qatar Petroleum In $467m Deal With Gulf Drilling International

The contracts signed are five-year extensions to existing service contracts.

Emaar Plans JV With Dubai Holding For New Project

The new project, named Dubai Creek Harbor, will include a business district, shopping, sporting and entertainment facilities.

Dubai’s Ruler Announces New Fashion District

The ‘Dubai Design District’, located adjacent to the Business Bay area, will aim to become a full service commercial hub for the industry.

Saudi’s Alwaleed Sues Forbes For $20bn Worth Error

Prince Alwaleed has attacked the U.S. magazine’s ranking of world billionaires as flawed and biased against Middle Eastern businesses.

Property Firms Form Venture For Huge Dubai Project

Emaar Properties and Meraas Holding plan construction of an 11 million square metres project.

Qatar Steps In With $7.1bn Support For Property Firm

Qatar Diar, the real estate arm of the Gulf state’s sovereign wealth fund, owns 45 per cent of Barwa.

Saudi’s Sabic Planning $4.23bn Steel Projects

A Jubail plant would have processing capacity of 1.5 million tonnes a year and the other, in Rabigh, one million tonnes a year.

Qatar Central Bank To Issue QAR4bn Of Debt

The bank had said in March it would issue local debt as part of an adjustment of monetary policy.

AMEinfo Website Acquired By Mediaquest Group

Financial details of the deal were not disclosed.

Qatar Rail Awards $8.2bn Doha Metro Contracts

The project will include four rail lines and will link stadiums for the 2022 World Cup tournament.

Saudi Arabia Bans Viber Web Communication App

The Kingdom announced in March that it was planning to ban VoIP services such as Skype and Viber.

Qatari Banks CBQ, QIB To Raise Foreign Ownership Limits

The changes are expected to be implemented in six to nine months.

Saudi Family Algosaibi Names New Deputy CEO, CFO

The family conglomerate has hired three people from accounting firm Deloitte to senior management positions.

India’s Bharti Airtel Shareholders Approve Qatar Stake Sale

The deal marks Qatar’s first major investment in a listed Indian company.

Emirates Launching A380 Zurich Services

Airline to introduce the double-decker aircraft from January amidst “robust demand” for business and leisure traffic

Abu Dhabi Adds Over 2,000 Residential Units In Q1 2013

A total of 1,283 buildings were completed in Abu Dhabi during the quarter, according to official data.

Arabtec Wins Dhs810m Contract In Dubai

The Dubai contractor expects a series of recent contract wins to boost its 2013 earnings.

India’s L&T Wins $300m Gas Project In Saudi Arabia

L&T will build a plant with a processing capacity of 75 million standard cubic feet per day.

Saudi Petrochemical Plants Sahara, Sipchem Mull Merger

A feasibility study will be carried out by the two companies over the next five months.

Is Dubai’s Property Euphoria A Myth?

With several high profile property launches, how can Dubai avoid another real estate crash?

Qatar Airways Will Not Launch Boeing 787-10X – CEO

Boeing is expected to announce a formal launch of the aircraft in June.