Last Minute Christmas Gift Deals

Gulf Business brings you five last minute online deals available until Christmas.

Dubai Targets 66m Passengers In 2013

Dubai International Airport is set to surpass its projected passenger traffic target of 56.5 million in 2012.

RAK To Open Two Key Hotels In 2013, Eyes More Tourists

The 632-room resort Rixos Bab Al Bahr will be joined by the 349-room Waldorf Astoria Ras Al Khaimah.

Dubai’s MAF Group Eyes Egypt Supermarkets In $300m Deal

The Majid Al Futtaim group is reportedly in talks to buy the supermarket business of Mansour Group.

EXCLUSIVE: Interview With Jeff Immelt, GE Global CEO

Jeff Immelt, global boss of GE, opens up to Aarti Nagraj about ramping up regional spend, the challenge of leading 300,000 people and whether he sleeps at night.

Qatar Increases 2013 GDP Growth Forecast To 4.8%

The Gulf state had predicted a GDP growth rate of 4.5 per cent for 2013 in June.

Dubai’s du Secures $500m Debt Facility To Fund Business

The telecoms operator signed a $100 million three-year loan facility with Singapore’s DBS Bank last week.

UAE Warns Citizens To Avoid Lebanon Travel

The warning has been issued because of the “difficult and sensitive political circumstances in Lebanon,” says ministry.

Bidding For Saudi Midyan Gas Field Extended Again

Midyan, developed by Saudi Aramco, is expected to start production in 2013.

Qatar To Pump 200m Euros A Year Into French Soccer Club, PSG

Qatari fund QSI bought French club Paris Saint-Germain in June 2011.

Britain’s BAE Wins $4.1bn Omani Contract

Under the deal, BAE will deliver 12 Typhoon and eight Hawk aircraft to Oman’s armed forces starting in 2017.

How Glambox Cornered The Luxury Testing Market

Shant Oknayan, co-founder of GlamBox, describes the first 12 months for the UAE’s start-up beauty revolution.

How To Be A Master Networker

Adopt these key habits to use networking to help grow your business.

Abu Dhabi Creates Body To Develop Mass Housing

The plan to develop housing programmes could spur restructuring of the emirate’s real estate sector.

Oman Adopts Strict Approach For Islamic Banking

The sultanate last year became the last country in the GCC to introduce Islamic finance.

Emirates NBD To Buy BNP Paribas Egypt For $500m

The Dubai bank will also make an offer to minority shareholders for the remaining 4.8 per cent.

Emirates-Qantas Deal Approved By Australia Watchdog

The alliance includes switching Qantas’ hub to Dubai from Singapore for European flights.

Private Equity Group In Abu Dhabi Healthcare IPO

The group is looking for new advisers after dropping HSBC and JP Morgan Chase.

Top Performing UAE Companies In Q3 2012

The country’s best performing companies in the quarter by net profit.

Emaar Signs $500m Deal For Turkey Project

Emaar Square will house over 1,000 luxury homes, a 180-bedroom five-star hotel and the largest shopping mall in Turkey.

Dubai Taxis Rank Third Best In The World

TripAdvisor’s annual Cities Survey ranks the emirate’s cabs highly.

Luxembourg Buys Back Qatar Airways’ Freight Stake

Luxembourg bought the 35 per cent stake back for the original sale price of $117.5 million.

Oman Investment Firm Eyes Stake Sales In Banking Arm

Ominvest also has plans to list part of Oman Arab Bank on the Muscat bourse.

Abu Dhabi, France Join For Total’s Gas Network

Caisse des Depots and ADIA come together to bid for TIGF business.

UAE Says Egypt Media Plot Claims ‘Fabricated’

The UAE Foreign Minister has summoned Egypt’s ambassador to discuss the claims.

Saudi Arabia Bans Brazil Beef Imports

The decision follows Egypt’s ban after fears of mad cow disease case.

Saudi Maaden Raises $2.4bn From Islamic Loan

The credit facility was increased from the 7 billion riyals initial target amount.

Qatar’s FIFA Bin Hammam Banned For Life

The former FIFA presidential candidate Mohamed Bin Hammam has also handed in his resignation.

Al Habtoor Group Postpones $1.6bn IPO

The group’s chairman will “continue to focus on best practice and growing the company in a sustainable way.”

Saudi Aramco-Total Double Investment At Jubail

The 400,000 barrels per day refinery is due to be fully operational in the third quarter of 2013.