Bahrain Jails Five For 15 Years For Bomb Attacks

The men were convicted of carrying out two attacks, including one during last year’s Formula 1 race.

Dubai Refreshments To Open Merger Talks With Abu Dhabi Refreshments

Both firms are franchisee holders for the distribution of Pepsi Co products.

Saudi Arabia Seeks Bids To Build Integrated Gas/Solar Plant

The 550-megawatt integrated solar combined cycle plant will be located near Tabuk on the Red Sea coast.

Reel Cinemas Receives 9m Visitors In 4 Years

The megaplex at The Dubai Mall marked 25 per cent growth in audience turnout this year compared to 2012.

Burj Khalifa Apartment Prices Soar 25% In 2013

Apartment prices at Burj Khalifa currently stand at Dhs3, 750 per square feet – a 50 per cent increase from February 2009.

Dubai Airport Passenger Traffic Up 9.5% In November

Year-to-date passengers totalled 60.4 million people, an increase of 15.3 per cent.

Al Noor Hospitals Buys Gulf International Cancer Centre For $21.8m

The Abu Dhabi based healthcare provider said it it hoping to increase its core competency.

UAE Consumers Demand Effective Brand Loyalty Programmes

Brands in the Middle East are failing to deliver loyalty programmes relevant to consumers’ needs, according to a survey.

Dubai’s Arabtec Says No Plans To Increase Stake In Depa

The contractor denied media speculation about increasing its stake in Depa.

Saudi Royal Faces Death Penalty For Murder

The name of the prince was not revealed.

UAE’s First Fully Built Satellite, Khalifa Sat, To Enter Orbit In 2017

Dubai’s ruler Sheikh Mohammed Bin Rashid Al Maktoum launched the project.

Saudi Arabia To Give Lebanese Army $3bn In Aid

Some of the money is likely to be spent on weapons from France, said Lebanon’s President Michel Suleiman.

How Did Saudi Real Estate Perform in 2013?

Massive government spending is driving Saudi Arabian real estate growth, says Dr. Tobias Plate, senior partner at Roland Berger Strategy Consultants Middle East.

Top 10 New Year’s Eve Events In Dubai

From drumming to wild partying, Gulf Business brings you an array of events to choose from this NYE.

Prince Alwaleed’s Twitter Stake Value Jumps To $1.2bn

Alwaleed’s Kingdom Holding bought a $300 million stake in Twitter in December 2011.

Dubai’s Drake And Scull Secures $16m Contract In India

The contractor will perform MEP works for four towers in Mumbai’s New Cuffe Parade project.

Dubai’s Index Falls For The First Time In 5 Days

The DFM General Index fell as investors sought to take advantage of a four-day rally to pocket gains.

Abu Dhabi Exceeds 2.5 Million Hotel Guests Target For 2013

Around 2.5 million guests stayed in Abu Dhabi’s hotels in the first nine months of this year, up 17 per cent from last year.

Saudi Ma’aden Restarts Aluminium Plant Production Line

The $10.8-billion aluminium plant at Ras al-Khair shut one of its smelting lines in mid October.

Al Habtoor Group Announces Major Board Reshuffle

The group has said that its hotels division board has been carefully planned with a mix of expertise to cope with growing business demands.

Emirates To Operate A380 On London Gatwick Route

The new service will be launched on March 30, 2014 and is expected to increase capacity by 36 per cent.

Bahrain Court Acquits Princess On Trial For Torturing Doctors

The alleged torture took place in 2011 when Bahrain was hit by unrest.

Saudi Reports 4 New Cases Of MERS Virus, 1 Fatal

The new infections bring the worldwide total of confirmed cases to 170 with 72 deaths, the WHO said.

Qatar Signs Aid Deal Worth $1.25bn For Morocco

Qatar, Saudi Arabia, Kuwait and the UAE agreed in 2012 to provide aid worth a total $5 billion to Morocco in the period 2012-2017.

Exclusive Interview: Damac’s Boss On Rebuilding The Company

Ziad El Chaar, MD of Dubai-based property developer Damac, explains how the company has built itself back up in 2013, following structural damage in the real estate crash.

Assessing Qatari Real Estate In 2013

Preparations for the 2022 FIFA World Cup are driving the Qatari real estate market forward, says Dr Tobias Plate, Senior Partner at Roland Berger Strategy Consultants Middle East

Encouraging Entrepreneurship

Start-ups are significant contributors to GDP and the job market but more need to be done to support them.

Why Are Some Of Dubai’s Office Buildings Empty?

Offices with multiple ownership structures have higher than average vacancy rates.

Domestic Concerns Drive Oman’s New Foreign Policy

Oman was unusually assertive in opposing a Saudi plan for Gulf Arab states to close ranks against Iran.

Nakheel Reports Land Sales Of Over Dhs162m

The developer reported the land sales in its Al Furjan and Jumeirah Village Triangle projects.