Eastern Mangroves Opens Dhs55,000-a-night Suite

Luxury two-floor facility targets government ministers, VIPs and celebrities.

Dubai’s DFM Up 20% In 2012

The Dubai bourse was the GCC’s best performing stock market.

France’s Hollande In UAE Visit For Total

The French President will meet Sheikh Khalifa bin Zayed al-Nahayan to help Total win a $10 billion deal.

UAE Expected To Invest Millions In Serbia

The UAE will sign a deal next week concerning Serbia’s weapons industry worth $132 million.

Qatar Calls For Arab Force In Syria

Sheikh Hamad bin Jassim al-Thani said Arabs “must think seriously” about resolving the crisis.

Dubai Economy Bets On Superjumbo Air Travel Boom

The emirate has just opened the world’s first airport terminal purpose-built to handle Airbus A380 planes.

Tiger Woods Excluded From Qatar Masters

Qatar Golf Association refuses to meet the former world number one’s $3 million fee.

Crescent Petroleum Supports Dana Gas Restructuring

Abu Dhabi-listed Dana reached an agreement with creditors to amend terms of a $920 million Islamic bond.

Etihad Sees Busiest Day For Passengers

The Abu Dhabi airline set a new record for the number of people it carried in a single day.

Jumeirah Ends Relationship With Rory McIlroy

The world’s number one golfer parts ways with the Dubai hotel group as Nike beckons.

Abu Dhabi’s TAQA Buys 50% Interest In US Wind Power Project

The acquisition of the 205.5MW Lakefield wind project in Minnesota is expected to close in Q1 2013.

Tiger Woods To Begin Season In Abu Dhabi

The former world number one will compete for the $2.7 million prize at the Abu Dhabi Golf Club on January 17.

Emirates NBD Islamic Unit In Rights Issue

Dubai’s biggest bank will offer 1.5 billion shares at Dhs1 each between January 25 and February 3.

UAE Produced 2.8m BPD Of Oil In December

Oil minister Mohammed al-Hamli said he hopes production capacity will reach 3 million bpd this year.

Qatar Airways’ Al Baker Dismisses Dreamliner Concerns

The carrier’s chief executive has said he is not worried by the latest faults to affect Boeing’s 787 aircraft.

Dubai Announces Drive To Develop Islamic Business

The emirate plans to form a committee to work on six major initiatives under the project.

Saudi’s Shura Council To Appoint 15 Women Members

The Kingdom’s Shura Council is expected to announce the names next week, says report.

Etihad Profits From South China Exports

Etihad Cargo announces new direct weekly freighter operation from Abu Dhabi to Guangzhou.

UAE Discussing Rafale Jets With France

The on-off negotiations over 60 fighter jets have been ongoing for several years.

Further Problems For Boeing Dreamliner Aircrafts

Two more 787s have been grounded after mechanical problems and fuel leaks.

Accor Targets KSA Mid-Market Growth

Accor’s latest contract targets underserved sector

Qatar Considers Helping Build Turkish LNG Plant

A feasibility study is currently being carried out on the proposed project.

Oman Plans To Merge State Pension Funds

The Gulf state aims to merge eight state-run pension funds to improve efficiency.

Gulf Airlines Battle For Polish Business

Gulf carriers are looking to capitalise on national carrier LOT’s precarious commercial situation, and others regionally

Kuwait’s Parliament Approves Royal Decree

The country’s government said the changes bring Kuwait into line with democratic norms elsewhere.

Qatar To Lend Egypt $2.5bn Extra In Aid

Sheikh Hamad bin Jassim al-Thani has said $0.5 billion will be a grant while $2 billion a deposit.

Dubai’s Property Market Ranked World’s Strongest

The emirate’s residential property index jumped 13.46 per cent in 2012.

UAE’s Aldar And Sorouh Reach Initial Merger Deal

The two Abu Dhabi-based property developers have a combined market capitalisation of about Dhs10 billion.

Dubai’s Just Falafel Plans 20 New UK Stores In 2013

The company has launched it’s first store outside the Middle East in London.

Dubai’s DEWA Plans $1bn Islamic Bond Issue

The proceeds of the sukuk will be used to refinance existing debt and to invest in company projects.