Qatar Airways Launching Dallas Flights

Second Gulf carrier set to serve Dallas from next summer

Majority of Finance Executives Are “Flexible” On Ethics

A study found that there is a significant gap between the belief about ethics and industry practices among finance executives.

OPEC Seen Keeping Oil Cap; Naimi Says Market in Best Shape

The current 30 million barrel-a-day target for the 12-nation group adequately matches demand, say officials.

Dubai Has No Immediate Plans For An Olympic Bid – Official

But the UAE is prepared and capable of hosting the Olympics, says senior UAE National Olympic Committee member.

Officials Deny Single Gulf Currency Launch

The Gulf Monetary Council has dismissed media reports of four GCC countries launching a common currency.

Nakheel Awards Dhs174m Contracts For Palm Jumeirah Projects

The construction contracts have been awarded for Azure Residences and Club Vista Mare.

StanChart Set To End 10-Year Boom With Profit Drop

Standard Chartered has reported 10 consecutive years of record income and profits.

UAE Business Activity Growth Hits Record High In Nov

Output and new orders in the country’s non-oil private sector accelerated to a record high.

Emirates Starts Kabul Flights

Global carrier identifies premium demand and raises competition with Safi Airways.

Raytheon CEO Sees $4bn-$5bn In ME Orders In ‘Weeks’

Raytheon is looking to foreign orders to help offset a reduction in projected U.S. military spending over the next decade.

Kuwait Airways May Issue Bonds, Sukuk For Airbus Deal

Kuwait Airways is planning to buy 25 new aircraft and lease 12 other new planes.

Hyatt Eyes Eight Dubai Projects After Expo 2020 Win

New brands such as Andaz and Hyatt Place are being lined up in next development phase.

Dubai Mercantile Exchange Sets New Trading Records

Almost 7.5 million barrels of crude oil per day were recorded in November this year.

Russia’s Putin, Saudi Prince Bandar Discuss Syria, Iran

The Kremlin said Putin and Prince Bandar discussed plans for a long-delayed international peace conference on Syria.

Saudi Must Boost Private Sector To Meet Surge In Jobseekers – IMF

Currently, more than one million Saudis work in the private sector.

Solar Power Use Will Provide Local Market Opportunities

Use of solar energy for the Middle East’s growing power needs will create strong localisation potential.

VIDEO: Emirates Launches Longest A380 Flight To L.A.

Flight EK 215 crosses the Russian Federation, the North Pole and Eastern Canada before landing in Los Angeles.

Qatar Airways To Serve Second Istanbul Airport

Doha carrier doubles up to meet growth projections beyond slot-constrained Ataturk

Abu Dhabi Hotels Witness Record Month In October

October saw 288,268 guests check into the emirate’s hotels with a 79 per cent occupancy rate, up 10 per cent on a year earlier.

Lifestyle Diseases To Cost GCC Governments $68bn By 2022

The economic burden resulting from non-communicable diseases is expected to soar in the coming years.

Egypt Returned $500m Deposit To Qatar

Qatar had been a firm backer of Mursi’s Muslim Brotherhood and lent or gave Egypt $7.5 billion during the year he was in power.

Entrepreneurs Are Vital For Dubai Expo – London Business School

Dubai’s government should create an environment that will foster entrepreneurs in the coming years.

US Navy To Expand Presence In Bahrain

The Gulf state is currently home to the US 5th Fleet.

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Abu Dhabi Energy Fund IPIC H1 Net Profit Up 6.7%

IPIC, which owns stakes in companies such as Spain’s Cepsa and Austria’s OMV, made a net profit of Dhs3.2 billion.

Damac Raises $348m In London Share Sale

The Dubai developer is now valued at $2.65 billion.

Pictures: UAE National Day Celebrations

The 42nd National Day of the UAE was marked with fireworks and parades.

Kuwait Airways To Buy 25 New Airbus Jets

The airline did not disclose the value of the agreement or give details about the type of aircraft.

Bahrain PM’s Role In Disputed Aluminium Deals Probed At UK Trial

Businessman Victor Dahdaleh is on trial accused of paying some $67 million in bribes to former Alba managers.

Bahrain Court Rejects Jailed Activist’s Request For Release

Nabeel Rajab was sentenced in 2012 to two years in prison for cases related to organising and participating in protests.

Etisalat May Revive Talks To Sell Sudanese Unit To Zain

Prior negotiations between the two telcos collapsed around the start of 2013, according to sources.