Hilton Signs Up Three More Garden Inns

Hilton Garden Inn Dubai Al Jadaf becomes the brand’s fourth Dubai project

Sharjah Utility Raises $500m Loan For Expansion

The new five-year facility was structured and arranged by Kuwait Finance House and GIB Capital.

Saudi Aramco Senior VP Buainain Steps Down-Sources

Khalid al-Buainain took early retirement for personal reasons and his departure will take effect on Sunday.

Abu Dhabi To Slap Dhs2000 Fine On Illegal Use Of Balcony Satellite Dishes

The emirate has an existing law that prohibits more than four satellite dishes on rooftops or any on balconies, walls or garden fences.

Oman’s Stock Exchange Reports Technical Issue

It did not say when it expected to fix the problem, stating that efforts were in progress to rectify it as soon as possible.

UAE And Kuwait To Reopen Embassies In Yemen’s South, Backing Hadi

Yemen’s president Hadi, who was forced to resign by Houthis, fled to Aden where he has set up a new seat of power.

Qatar’s Mannai Working On Two Foreign Acquisitions – CEO

The company is looking outside the Middle East for deals in areas excluding real estate, construction, fast-moving consumer goods and marine sectors.

Oman’s Bank Dhofar Gets Shareholder Assent For Capital Plans

Should Bank Dhofar sell a Tier 1 bond, it would be the first such issue by an Omani bank.

Cricket: Ashwin Has UAE In A Spin At Bouncy Perth

Ashwin came on early and bowled unchanged for his 10-over spell, picking up four for 25 to inspire India to a nine-wicket victory.

Qatar World Cup 2022: Time For Compromise Not Confrontation – Gill

Gill backed Blatter on FIFA 2022 dates, agreeing that the final cannot be held later than December 18.

Rowan Says Expects Saudi Aramco To Keep Employing Its Rigs

Rowan said it was in talks with Saudi Aramco to extend contracts for four of its drillships and was looking to win contracts for three jack-up rigs.

Qatar Sovereign Fund To Buy Rest Of Prime Milan Property Area

As per the deal, Qatar Holding will buy the 60 per cent of Porta Nuova it does not already own for an undisclosed sum.

Shell’s Qatari GTL Plant Starts Two Month Partial Maintenance

Pearl GTL can produce 140,000 barrels per day of gas-to-liquids products and 120,000 barrels per day of natural gas liquids and ethane.

Dubai Launches Mega Campaign To Promote Expo 2020, Plans New Logo

About 21 art sculptures will be unveiled across Dubai on March 1 to spread awareness about the impact of Expo 2020.

Saudi Satisfaction With ‘Calm’ Oil Markets Signals $60 Anchor

In his first public comments since oil prices rebounded, Saudi Oil Minister Ali al-Naimi signalled satisfaction with developments, saying he saw oil demand growing.

Middle East Funds Increasingly Bullish On Saudi Arabian Equities

Saudi Arabia plans to open its stock market to direct investment by foreign institutions in the first half of 2015.

UAE Military Buys Two Boeing C-17s As Part Of Record IDEX Spend

At Dhs18.33 billion, the total for deals signed with local and international companies by the Gulf Arab state was the highest at the event.

New York-Bound Emirates Flight Turns Back Due To Medical Emergency

The airline has confirmed that the A380 flight made a safe landing at the Dubai Airport.

40% Of UAE HR Directors To Hire, 9% To Freeze Hiring In H1 2015 – Survey

Employee retention is a major concern for HR professionals in the country, says study by Robert Half.

UAE Regulator Lets Airlines Resume Baghdad Flights After Shooting

Flights will be subject to increased safety and security requirements, the regulator said.

Nshama Launches Massive Residential Project Town Square In Dubai

Town Square will feature 3,000 townhouses and 18,000 apartments in addition to retail, hospitality and commercial units.

Bahrain Sentences Three Men To Death For Killing Policeman

The ruling is the latest in a series of strict penalties handed down to those accused of seeking to destabilise the Western-allied kingdom.

Saudi To Hike April Crude OSPs For Asia, Arab Light

Higher OSPs would come as a vote of confidence by the OPEC kingpin in oil demand recovery.

Bahrain Banks On Infrastructure, Private Sector To Ride Out Cheap Oil

Experts say that Bahrain had managed to diversify its economy enough in recent years to make lower oil prices less damaging.

Abu Dhabi’s AMMROC Inks Dhs2.3bn Deal With UAE Armed Forces

The contract is expected to facilitate a performance-based logistics arrangement between the two stakeholders in the future.

Only In UAE: New ‘Selfie’ Credit Card Launched In The Country

Following scented and diamond-encrusted credit cards, a bank has now unveiled plans for a ‘selfie’ card.

UAE Court Sentences Six Iranians To Life In Jail Over British Businessman’s Kidnap

Abbas Yazdi, a businessman of Iranian descent who owns a general trading company in Dubai, disappeared in June 2013.

UAE’s Etisalat Q4 Profit Jumps 47%, Below Forecast

It made an annual net profit of Dhs8.9 billion, up from Dhs7.1 billion in 2013.

Saudi Aramco Sees Jizan Refinery’s First Units Starting Up In 2017

The 400,000 barrels per day refinery is part of a $20 billion plan to develop an industrial city in Jizan.

Qatar Bank Al Khaliji Gets Shareholder Assent For Up To $1.75bn Bond Sale

Bond issuance from Qatari borrowers has been rare in the last 18 months.