Saudi Kayan Signs Two Islamic Financing Deals Totalling $700m

The funds will be used by Kayan to fund an increase in working capital and complete factories under construction.

Soccer: Ex-Juventus Star Vucinic Proving A Goal Machine In Abu Dhabi

Vucinic has made 13 goals in eight league games to lift Al Jazira to second in the table.

Restaurant Review: Cipriani Yas Island

The historic Cipriani has its roots in Venice where an army of white-jacketed waiters served celebs such as Ernest Hemingway and the British royal family.

Lulu Group Inks Deal With Oman Government To Operate $20.8m Retail Complex

The commercial complex will include a shopping centre, stores, a food court and an area for children’s games.

Qatari Fund QIA Says Change In Oil Prices Won’t Affect Investment

Qatar Investment Authority, the Gulf state’s sovereign wealth fund, has a long term strategy, its CEO said.

Best Western Opens Remote Bahrain Resort

The 44-room Hawar Resort Hotel is located 45 minutes by boat from Bahrain’s Al Dur jetty.

Restaurant Review: Cipriani Yas Island

The historic Cipriani has its roots in Venice where an army of white-jacketed waiters served celebs such as Ernest Hemingway and the British royal family.

UAE Dismisses Amnesty Report On Human Rights As “Inaccurate”

Officials said that the report, which accused the UAE of human rights violations, repeats “familiar politically-motivated allegations.”

Qatar 2022 World Cup: FIFA Whistleblower Says ‘Living In Fear’

Phaedra Al-Majid, a former employee of the Qatar 2022 bid, accused the Gulf country of corruption.

Bahrain Releases Pro-Democracy Activist Awaiting Trial

Zainab al-Khawaja fell foul of the judge last month during an appeal hearing into two cases.

Egypt Says It Resolves Land Dispute With Dubai’s Al-Futtaim

A government source had previously said the negotiators were considering a payment of around 235 million Egyptian pounds ($33 million).

Kuwait’s Kufpec Signs $1bn Loan

Kufpec is responsible for exploration, development and production of crude oil and natural gas outside Kuwait.

Emirates Targets 8-10% Profit Growth On New Aircraft, Routes

Emirates’ bottom line was hit by runway upgrades in the first six months of the 2014, resulting in modest growth of eight per cent.

Gulf Airlines Close Financing Deals For 16 Boeing, Airbus Aircraft

Emirates and Qatar Airways have signed financing facilities with banks to purchase new planes.

Abu Dhabi’s Yas Mall Opens Its Doors To Public

The 2.5 million sq ft mall, developed by Aldar Properties, includes more than 370 stores with nearly 10,000 covered parking spaces.

Dubai Ranked World’s Top City To Work In – INSEAD Alumni Survey

The emirate beat cities such as New York and London in the survey.

Developer SKAI Says 30% of Viceroy Dubai Palm Jumeirah Completed

The $1 billion luxury residential and hospitality project is on track to open its doors in 2016, says developer.

Saudi King Calls On Egypt To Back Gulf Accord

Relations between Cairo and Doha have deteriorated since President Abdel Fattah el-Sisi took charge.

Flydubai Narrows Price Guidance For $500m Sukuk

Credit Agricole, Dubai Islamic Bank, Emirates NBD, HSBC, National Bank of Abu Dhabi, Noor Bank and Standard Chartered are the arrangers for the sukuk sale.

Qatar Airways Says Delay On A380 Delivery Cost $200m – CEO

The airline faced a three-month delay in the delivery of A380 superjumbo jets.

VOX Cinemas Signed For Nakheel Mall On Dubai’s Palm Jumeirah

VOX Cinemas will occupy two-storeys in the upcoming mall and feature 15 theatres.

Bahrain’s GFH Completes Capital Reduction Plan, Cuts Losses

Accumulated losses on GFH’s balance sheet had been reduced by $134.4 million under the measure.

Airbus To Deliver First A350 Jetliner To Qatar Airways By Mid-December

The A350, Airbus’s newest plane and made with a carbon-fiber composite fuselage, is a direct competitor to Boeing’s 787 Dreamliner.

UAE Government Launches Official Instagram Account

The account, @UAEGOV, includes a library of exclusive photos of officials and behind-the-scenes work in government entities.

Dubai Golf Championship: McIlroy Ready To Take Advantage Of Jaded Rivals

The 25-year-old Northern Irishman believes a six-week break from golf has put him in the ideal shape.

Kuwait Central Bank: No Restrictions On Foreign Derivatives Trading

The central bank clamped down on derivatives trading in 2008 as Kuwaiti banks were hit hard by the debt problems of local investment firms.

Doha Wins Bid To Host 2019 World Athletics Championships

Qatar beat former Barcelona and Eugene, in the United States, to win the bid

Saudi Aramco’s Oil Resources To Grow To 900bn Barrels By 2025

Aramco produces almost 9.5 million barrels a day.

Bahraini Fund Mumtalakat Launches $600m Seven-Year Sukuk

The sukuk pricing was last revised to 210 basis points, plus or minus five bps, over midswaps, after being marketed initially at 220 bps over the same benchmark guidance.

Sharjah Officially Launches Dhs2bn Tilal City Project

The project will have 1,800 land plots and will be split into five zones featuring apartments, villas and townhouses.