$100bn Boeing Order To Dominate Dubai Airshow

Emirates is expected to place an order for as many as 150 of the new 777X passenger jets.

Arabtec Reveals 189% Q3 Net Profit Rise

The Dubai-based construction firm revealed a net profit rise of 137 per cent for its first nine months of the year.

UK Grants Visa Waiver To Emiratis

The UK is the first European country to grant a visa waiver to Emiratis.

Landmark Plans Major GCC Expansion For Sports One

The retail conglomerate plans to expand open 34 new Sports One stores across the region by 2016.

ME Business Jet Market “More Developed Than China Or Russia”

Airbus hopes the display of the Emirates Executive ACJ319 at next week’s show will lead to more sales.

Saudi Ma’aden Progressing Well In Bank Finance Deal Talks

The cash will be used to fund the Umm Wual development at Waad Al-Shimal City

Emirates Adding Second Daily A380 To Munich

Munich authorities will have weighed up the increased traffic benefits against the impact it will likely have on Lufthansa’s Dubai-Munich loads.

Flynas To Launch New Business Class

Saudi carrier to roll out new premium product as it seeks a fresh start in 2014.

Oman’s Public Wage Bill Could Rise By $2.3bn In 2014

A royal order to standardise salaries and grades across the public sector is projected to cost OMR800-900 million.

Kuwait Finance House Q3 Net Profit Up 17%, Beats Estimates

The Islamic lender’s net profit rose to KD39.3 million.

GCC Has 61 Private Banks – New Report

Almost half of them – 31 – are international banks, all located in Dubai, says study by Insight discovery.

OPEC Oil Output Remains Higher Than 2014 Demand

OPEC forecast demand for its oil in 2014 will average 29.57 million barrels per day.

Broadband Revenue Boosts Omantel’s Q3 Profit

Omantel reported a net profit of 29.1 million rials in the three months to September 30, up from 28 million rials in the year-earlier period.

First Look: Mövenpick Hotel Jumeirah Lakes Towers

Swiss chain’s sixth Dubai hotel may be small but overseas-and-residential focus means potential is high.

ADCB To Price $500m Floating Rate Note

The transaction will price at 130 basis points over the three-month London interbank offered rate.

Saudi Rejects U.N. Security Council Seat, Opening Way For Jordan

Jordan’s place on the Security Council still would need to be approved by two-thirds of the General Assembly.

Etihad Wins India Competition Watchdog Nod For Jet Air Stake

The Abu Dhabi carrier already has the Indian cabinet’s approval.

E-Retail Should Complement Malls – Tejuri Boss

E-content in e-commerce platforms are driving overall sales, industry experts say.

Boeing-Qatar Airways: A Dreamy Relationship?

Following the grounding of the 787 Dreamliner this year, Boeing’s relationship with Qatar Airways’ Akbar Al Baker is back on track, but there is no room for further mistakes.

Emiratis Find Private Sector More Attractive

An Aon Hewitt study finds that Emiratis in the private sector report higher levels of satisfaction than their public sector counterparts.

U.S. To Surpass Saudi As Top Oil Producer By 2016

But by 2020 the oilfields of Texas and North Dakota will be past their prime and the Middle East will regain its dominance.

IMF Warns Dubai Of Property Market Exuberance

House prices in the emirate have jumped over 20 per cent in the last year, prompting the IMF to warn in July of the risk of another bubble forming.

Dubai To Launch Islamic Corporate Governance Centre Next Year

The standards will not be compulsory for firms but the centre will issue sharia-compliance certificates to companies and banks meeting them.

Emirates’ Half-Year Results – Why Is Profit Flat?

The carrier’s marginal growth was caused in part by a cracked wings issue suffered by the A380, says aviation analyst Saj Ahmad.

Dubai’s GEMS Sets Initial Price On Hybrid Sukuk

GEMS has hired Morgan Stanley Inc, Credit Suisse and Abu Dhabi Islamic Bank to arrange the sale.

Leeds United Chairman Buys 5.7% Of Gulf Finance House

Salah Nooruddin will join GFH’s board of directors following the stake acquisition.

Kuwait Telco Zain Extends Profit Slump

The operator made a net profit of 53 million dinars in Q3 compared with a net profit of 59.7 million in the year-earlier period.

Emirates Airline Reports 2% Net Profit Rise

The Emirates Group announced figures of Dhs2.2 billion net profit for the first six months of its fiscal year.

UAE Markets Vulnerable After Dive By Dubai

Abu Dhabi’s stocks dropped by 0.9 per cent on Monday but Dubai fell 2.8 per cent.

Twitter Shares Found Suitable For Islamic Investment

The social media company’s share price soared in last week’s New York Stock Exchange debut after a $1.8 billion initial public offer.