Kuwait To Deport 15 Egyptians For Sisi Rally

Foreigners in the Gulf state are not allowed to hold political events.

Aldar Properties Latest Project Sold Out In A Few Hours

The new development at Al Raha Beach sold all 223 off-plan town houses and apartments.

Dow Awards Construction Contract For Reverse Osmosis Plant In Saudi

Fluor Corporation has won the engineering, procurement and construction contract for the facility.

Dubai Stock Market Posts Biggest Drop In 8 Months

The decline trims its 2014 gains to 44.1 per cent as 18 stocks fell by more than five per cent.

Qatar To Help Deutsche Bank Raise $11bn In New Equity Capital

The capital measures will increase the bank’s Common Equity Tier 1 ratio and help the German lender expand its investment banking business.

Further Delays For New Doha Airport Lounges

Qatar Airways’ CEO says contractor is having difficulty “keeping up with the kind of finishes we want”

Kuwait Plans June 26 By-Elections After Five Lawmakers Quit

The five MPs quit over a row about questioning the Gulf state’s prime minister in parliament.

REVEALED: The World’s 100 Most Powerful Arabs 2014

For the third time in a row, Prince Alwaleed tops Gulf Business’ list of the region’s most influential people.

Hollywood Movie Fast & Furious 7 Completes Filming In Abu Dhabi

The action thriller was shot at several locations in Abu Dhabi, including Emirates Palace, Al Ain city and Jumeirah Etihad Towers.

IPO: Should Executive Rewards Be Aligned With Shareholder Interests

As a growing number of GCC firms eye public financing, Andrew Marshall, head of executive reward, Hay Group ME, explores the relationship between executive pay and company performance.

Asking Prices For British Homes Hit Highest On Record In May

Asking prices rose 3.6 per cent in the four weeks to May 10 to an average of $456,900.

Qatar To Take Deutsche Bank Stake As Part Of Cap Increase

Germany’s flagship lender is preparing a multi-billion euro capital increase.

China’s Biggest Bank Gets Approval For Kuwait Branch

It will be ICBC’s fourth branch in the Gulf Arab region after Doha, Abu Dhabi and Dubai.

Former Omani Minister Jailed For Three Years For Corruption

Mohammed bin Nasir Al-Khusaibi was found guilty of paying bribes worth $1 million to officials to win an airport contract.

Egypt Court Jails More Than 160 Brotherhood Supporters

Security forces have detained thousands of Brotherhood supporters since the military deposed president Mohamed Mursi last July.

Etihad Airways To Establish Flight Training College In The UAE

Etihad Airways will acquire the fixed wing training division from Horizon International Flight Academy

Value Of GCC Construction Projects To Jump 92% In 2014 – Study

Total value of building construction expected to reach $128.5 billion, with the medical sector getting the biggest market share.

Banque Saudi Fransi Plans $533m Sukuk By End-June

The sukuk will enhance the bank’s Tier 2, or supplementary, capital.

Muscat City Centre Malls To Launch VOX Cinemas In June

The move is part of mall operator Majid Al Futtaim’s $29.3 million redevelopment plan for Oman.

Pay-TV Operator OSN Has “No Current Plans” To List Shares – CEO

KIPCO, OSN’s parent company, had indicated that an IPO was expected to happen this year.

Kuwait Eases Rules For Listing Joint-Stock Companies

Under the new rules, joint-stock companies need annual profits of five per cent of their capital, instead of the previous 7.5 per cent.

Singapore Airlines Axing Cairo And Riyadh Routes From September

The poor performance of the routes was due to lack of demand as well as increased competition from other carriers.

UAE Markets Steady As Investors Wait On MSCI

The Dubai and Abu Dhabi benchmarks are up 54 and 17 per cent respectively this year.

New Indian PM Narendra Modi Will Boost Trade Links With The GCC

Narendra Modi’s BJP party won the 2014 Indian elections with a landslide majority.

FIFA President Sepp Blatter: “Mistake” To Award 2022 World Cup To Qatar

However Blatter denied allegations that the Gulf state “bought” the tournament.

Expats Should Understand Nationalisation Role During Hiring – Expert

Nationalisation goals should be explained in companies’ expat hiring processes, says HR expert.

Saudi Arabia May Curb Trade Ties With Netherlands Over Anti-Islam Slogans

Stickers printed by far-right politician Geert Wilders display anti-Islam slogans.

UAE Seen Allowing Full Short Selling Of Stocks As Money Flows In

The UAE’s market regulator, the Securities and Commodities Authority, has been liberalising securities rules since 2012.

UAE, Qatar Prepare For Passive Fund Inflows

For some stocks, such as DP World, NBAD and Ooredoo, the expected inflows will be more than 10 times bigger than the average daily trading volume, predict experts.

The Future of Smartphones

As smartphone penetration levels rise and wearables enter the mainstream, a hyper-connected world is closer than we think.