UAE Approves New SME Law

The UAE cabinet has endorsed a new law that aims to support small and medium enterprises in the country.

Saudi Arabia Cyber Attack Was Aimed At Oil

Saudi Aramco speaks for the first time about the virus that shut down its internal network.

Dubai Hills Is First Project In Dubai’s MBR City

Emaar and Dubai Holding unveil the first development in the ‘city within the city’.

David Beckham In Possible Middle East Move

The ex-Manchester United player has attracted the interest of Qatar and UAE-based teams.

Dubai Property Rents Up 17% In 2012

This year witnessed a turnaround for the emirate’s struggling real estate sector.

Second Hilton Garden Inn for Riyadh

The 130-room Hilton Garden Inn Riyadh Andalusia will be the mid-tier brand’s third property in the Kingdom

First ibis Opens In Saudi Arabia

First internationally branded three-star economy hotel in the Kingdom will be followed by many more as main hospitality groups target demand for affordable stays

Russia’s Largest Bank Signs Deal With Invest AD

The agreement between the Abu Dhabi financial services firm and Sberbank is expected to facilitate more investment in both the regions.

Moody’s Downgrades Three Dubai Banks

The international agency has cut ratings for three lenders in the emirate, and put a fourth on review.

Dassault To Grow Middle East Fleet By 10%

Its best-selling Falcon 7X features a 5,950nm range which can serve most city pairs demanded by business aviation travellers

Qtel Picks JP Morgan To Direct Maroc Telecom Bid

Group owner Vivendi is selling 53 per cent of its stake in the Moroccan mobile operator.

Ocean View Hotel Opening December 22

Located along The Walk, the 341-room property will contain five restaurants and bars

Dubai’s DAE Cancels Order For 5 Boeing 747-8 Freighters

Dubai Aerospace Enterprise had earlier ordered 10 747-8 planes and also has orders for seven 777 freighters.

Dubai Hotels See 87.1% Occupancy In October

Hotels in neighbouring Abu Dhabi posted a decline in occupancy and profit rates, says new survey.

Saudi Mobily Resumes Selling Pre-Paid SIM Cards After Suspension

The telecoms operator faced a two-week ban on SIM card sales over provisioning requirements.

Saudi Businesses Fear Impact Of Foreign Workers Fees

The government has started imposing fees on companies that hire more foreign than local workers.

Dubai World Central Events To Take Flight

MEBA conference will shine the spotlight on new airport – ahead of business aviation operations starting mid-2013

Gulf Air CEO Resignation: What Happens Now?

Following the resignation of the CEO of Gulf Air, Samer Majali, this week, where does the airline find itself as it approaches 2013?

Emirates Flight Training Academy Targets 2014 Launch

Dedicated facility at Dubai World Central Airport will help meet demand surge for professional pilots

Kuwait’s Ruler Reappoints Prime Minister

Sheikh Jaber al-Mubarak al-Sabah has been asked to form a new government by December 16.

flydubai Shows Hollywood HD Movies

The low-cost carrier is the launch customer for the ‘Fiber-To-The-Screen’ system by Lumexis, enabling HD movies to be shown simultaneously in every seat back.

Best Western Opens All-Suite Hotel In Bahrain

The chain is in the midst of an aggressive Middle East expansion with new hotels in Jordan, Kuwait, Oman, Saudi Arabia and another property coming up in Bahrain

Air Arabia Launches Services to Iraq’s Basra

The low-cost carrier will fly three times a week between Sharjah and Basra.

Qatar Airways Launches Warsaw Flights

The carrier has started four-times weekly services between Doha and Warsaw.

US Investigation Into Saudi Banking Licenses

The US Department of Justice is investigating if the alleged Barclays’ bribes were replicated at other banks.

Dubai Taxis To Apply Salik Charges

People using taxis in Dubai will have to start paying the Dhs4 toll from January.

UAE Bankruptcy Law Changes Not Ready Until Late 2013

The government hopes the new rules will reassure foreign investors and help bring in more cash from overseas.

Qatar Approves Law Establishing Single Regulator

The law provides for an umbrella body to regulate banks, financial services and insurance companies.

Etihad Looks To Buy Air Berlin Loyalty Programme

The Abu Dhabi carrier already owns a 29.12 per cent stake in the German airline.

Top 10 Over-Used Buzzwords On LinkedIn In UAE

“Motivated” topped the list of words used by LinkedIn members in the UAE in 2012.