Saudi Suspends Aid To Yemen After Houthi Takeover

Houthi fighters, friendly with Iran, took over the capital Sanaa in September.

Qatar Airways To Launch A380 To Bangkok From December 5

The airline had initially planned to deploy the jumbo jet to the Thai capital from January 2015.

Saudi Builder Khodari Gets $360m University Housing Contract

The contract, awarded by the government, covers the construction of staff housing at King Khaled University.

Saudi Nov Non-Oil Business Growth Slows To Six-Month Low

Companies surveyed said demand had slowed and competition had increased, but market conditions were still positive overall.

UAE Business Activity Growth In Nov Slows Sharply From Record High

The HSBC UAE Purchasing Managers’ Index fell to 58.3 points in November from 61.2 in October.

Abu Dhabi’s Waha Hedges 12m Aercap Shares, Sells Further 3m

Waha said it would use the $532 million of funding provided by the December deal for new investments.

New Saudi-Sinopec Oil Refinery To Delay Exports To 2015

The 400,000 bpd Yasref refinery started trial runs in September and had originally planned its first exports by November.

Video: Abu Dhabi Police Reveals CCTV Footage Of Mall Murder Suspect

An American woman was fatally stabbed in the toilet of an Abu Dhabi mall on Monday.

Qatar’s Emir Appoints New CEO At Wealth Fund Qatar Investment Authority

Sheikh Abdullah bin Mohamed bin Saud al-Thani, chairman of telecoms operator Ooredoo, has been made the CEO of QIA.

US Couple Leaves Qatar After Convictions Overturned In Child Death

The Huangs were arrested in January 2013 after an autopsy found their daughter died of dehydration and cachexia.

Saudi’s Ma’aden, Barrick Gold Set Up Joint Venture Around Copper Asset

When fully operational, the mine is expected to produce 100 million pounds of copper in concentrate per year.

Saudi’s Marafiq Signs SAR2.5bn Islamic Loan

The company will use the murabaha-structured facility for capacity expansion plans in different projects.

Stock News: Most Gulf Markets Dip; Saudi Blue Chips Rebound

Saudi Arabia’s index rose 0.7 per cent while other Gulf markets declined.

Dubai Aluminium Picks Three Banks To Arrange $1.8bn Loan

The firm has chosen Citigroup, Emirates NBD and Societe Generale to arrange the loan, sources said.

UAE’s Al Habtoor Group To Buy President Abraham Lincoln Hotel In US

The hotel will reportedly be owned by Al Habtoor Group but operated by Hilton Group, according to its current owner Steve Horve.

UAE Start-up Careem Raises $10m Investment For Expansion

The company said that it will use the cash infusion to expand its business to new markets and to develop its technology and operations platform.

Dubai Developer Sobha Launches New International School In MBR City

The Hartland International School, the first educational venture by Sobha, is slated to open in September 2015.

Bahrain’s GFH Plans Asset Manager Purchases With New Debt -CEO

GFH plans to acquire established regional companies to build a broader wealth management platform, rather than offer new business lines.

Pakistan Seals Kuwait Deal For 2015 Gasoil

Pakistan will buy about 2.5 million tonnes a year of high sulphur gasoil from state company KPC, with a tolerance level of plus and minus 10 per cent, sources said.

Dubai Parks and Resorts Says To List On Dubai Bourse On Dec 10

The firm sold 40 per cent of its shares at Dhs1 per share to individual investors and institutions.

Stock News: Most Gulf Markets Fall; Blue Chips Lift Saudi

Brent hit a high of $71.46 a barrel on Wednesday before giving up some gains and moving close to $71.

UAE’s RAK Petroleum Ups Stake In Cote d’Ivoire Oil Field

The company has invested up to $10.6 million to raise its stake in Block C1-27, an oilfield situated in Cote d’Ivory.

UAE Perceived As Least Corrupt In Middle East – Transparency Index

The country ranked 25 globally among the least corrupt countries on the 2014 index compiled by Transparency International.

Air Berlin Starts Abu Dhabi Stuttgart Flights

New route marks first connection between UAE and German city

Qatar To See Boost In Mobile Internet Speeds As Ooredoo Launches 4G+

The network will deliver speeds of up to 225 Mbps, nearly double the average 4G speed in certain parts of Doha.

Qatar To Lift Travel Ban On US Couple In Child Death Case

US officials said that all the requirements have been met for Matthew and Grace Huang to leave the country.

American Woman Stabbed To Death In Abu Dhabi Mall Toilet

Police are investigating the case and are on the lookout for the suspect.

Bahrain To Develop Central Sharia Board For Islamic Banks

The central bank will introduce new sharia governance rules to expand the internal sharia review and audit functions.

Saudi Would Consider Output Cut If Russia, Others Join In – Ex-Intelligence Chief

Oil has fallen since June to reach its lowest since October 2009.

UAE Merges State Firms To Create Major Defence Company

The new entity will combine 11 companies from Mubadala, Tawazun Holding and Emirates Advanced Investment Group.