Saudi’s Savola Says Had Initial Talks With Americana Shareholder

Kuwait’s Americana issued a statement earlier this week saying it had no knowledge of any talks with Savola on a possible acquisition.

Oman Ruler In “Good Health” Following Medical Tests In Germany

Sultan Qaboos, 73, is spending his annual leave at his residence in Germany, the royal court said.

UAE’s NMC Health Lifts Profit 27% On Higher Occupancy

Outpatient numbers grew by nearly 14 per cent and in-patient numbers by 12 per cent during the first half of the year.

Two Suspected Ebola Patients Flee Hospital in Saudi Arabia

The two men ran away from a rural health center in the Al Madinah province in Saudi Arabia, according to reports.

Saudis To Impose 20% Foreign Ownership Limit On Stocks

The Kingdom’s bourse is expected to open to direct investment by foreign institutions in the first half of next year.

Saudi Arabia Executes Four For Drug Possession

The four men were from Najran on the Kingdom’s southern border with Yemen.

Value Of Construction Projects In The UAE To Hit $315bn In 2014

Megaprojects in the pipeline and the ramping up of social infrastructure spend is boosting the market, says new report.

Apple Plans Flagship Store In The UAE

US-based company has posted advertisements for several positions in the UAE.

Air Arabia Launches Flights To Chittagong, Bangladesh From Ras Al Khaimah

The low-cost carrier will operate three flights per week from its new hub in Ras Al Khaimah to Chittagong from September 2.

Kuwait Detains Muslim Cleric US Suspects Of Militant Financing

Shafi al-Ajmi was detained on the border with Saudi Arabia on Sunday while returning from a pilgrimage.

Nakheel Awards Dhs59m Infrastructure Contract For Al Furjan

Dubai-based Ghantoot Road Contracting has won the contract to undertake infrastructure work in Al Furjan Phase 2.

Omani Hotel Guests in Dubai Rise 12% in H1 2014

Up to 163,000 visitors from Oman stayed in Dubai’s hotels during the first half of this year.

Qatargas Delivers First LNG Cargo To China’s Hainan Terminal

The cargo will be used to commission the new LNG terminal which CNOOC owns and will be operating soon.

Kuwait Nearly Doubles Supplies In 10-Year Oil Deal With China’s Sinopec

The exports, which will amount to 15 per cent of Kuwait’s oil export output, are estimated to be worth $120 billion.

Saudi’s Labour Ministry Says Needs $4bn Per Year For Reforms

The Kingdom is currently undertaking an aggressive plan to reduce unemployment among Saudi nationals.

Saudi Prince’s Convoy Robbed Of 250,000 Euros In Paris

The convoy had been heading for Le Bourget airport north of the city on Sunday night.

Stock News: Saudi Arabia The Main Attraction Amid Summer Lull

The Kingdom’s benchmark rose for the 13th time in 15 sessions on Sunday to reach a new six-year peak.

Kuwait’s Americana Says No Knowledge Of Savola Acquisition Talks

It said a recent meeting between the two companies was intended only to discuss the possibility of joint cooperation in certain fields and markets.

Workers Injured In Kuwait Refinery Fire, Output Unaffected

The fire reportedly broke out in a waste treatment facility and was quickly brought under control.

Nigerian Who Died In UAE May Have Shown Signs Consistent With Ebola

The 35-year-old woman was travelling to India from Nigeria via Abu Dhabi to seek treatment for advanced cancer.

Infertility Tops Treatment Procedures For Medical Tourists in Dubai

Other popular medical tourism procedures included cosmetic, dental, cardiac, and orthopaedic procedures, treatments or tests.

Saudi Arabia, Kuwait To Abide By UN Blacklisting Of Citizens

The Islamic State has long been blacklisted by the Security Council, while al Qaeda’s Syrian wing Nusra Front was added earlier this year.

Lashes For Saudi Woman Who Called Morality Police Liars

The appeals court in Mecca upheld the sentence, passed by a district court in Jeddah.

HTC Launches Affordable Models – Desire 516, Desire 616 In UAE

The 516 is priced at Dhs799, while the 616 retails for Dhs949.

MSCI Lifts Weights Of Some Qatar Stocks On Foreign Ownership Reform

Qatar National Bank will have its foreign inclusion factor raised to 0.13 from 0.06, Industries Qatar to 0.13 from 0.06, and Qatar Islamic Bank to 0.25 from 0.21.

Over 99% Of UAE Firms Comply With Midday Work Ban – Labour Ministry

Inspection by the ministry found that only 56 out of 44,835 establishments violated the ban.

MAF Says Phase 1 Of City Centre Me’aisem In Dubai To Open By 2015

The first phase of the new shopping mall – located in IMPZ – will feature 60 international outlets.

Qatar’s Mesaieed Says Will Not Be Added To MSCI Index

Mesaieed’s shares rose five per cent to a five-month high on Thursday after MSCI’s initial statement last week.

Jeddah Airport’s Expansion Project To Begin Operations In 2016 – Official

The first phase of the project is expected to boost the airport’s capacity from 13 to 30 million annual passengers.

Al Gore Sues Al Jazeera For Withholding Money After Current TV Deal

Qatar-based Al Jazeera acquired Current TV for an estimated $500 million in 2013.