India To Become MENA’s Top Trading Destination By 2030

India will account for 14 per cent and 18.5 per cent of exports from the UAE and Saudi Arabia respectively by 2030.

De-icing And Electrical Issues Cause Fresh Dreamliner Woes

A San Diego-Tokyo flight operated by Japan Airlines returned to the US airport after anti-icing equipment failed.

Alitalia Sets Out €500m Budget Lifeline

Etihad codeshare partner Alitalia is set to receive €300 million from shareholders and €200 million from bank credits

UAE Announces Bid to Host 2019 World Energy Congress

The event, which takes place once in three years, attracts over 5,000 industry leaders.

Saudi Artisans Produce $6m Gold Laced Kiswa For Haj Shrine

The gold-embroidered, black-dyed Kiswa, a silk cover draped over the Kaaba, took eight months to produce.

Different Arab money

Malaysia, UAE Tie Up To Boost Economic Ties, Islamic Finance

The two financial hubs held a combined $181 billion in sharia-compliant banking assets as of 2011

India Sells Wheat To UAE, First Private Deal Since Late August

The UAE has purchased 30,000 tonnes of milling wheat from India.

UAE Economy Back On Track

It’s been a landmark year for the UAE as the economy rebounds, but debt worries and nationalisation concerns still loom.

Dubai Properties Group Launches 450 New Villas In Mudon Community

DPG announced the new villas following the sell-out of all the initial units in its Dubailand-based residential project.

Oman Buys German Chemicals Maker Oxea

The deal was reportedly worth about 1.8 billion euros ($2.4 billion), according to sources.

Airbus CEO Dismisses Boeing’s 747-8 As “Dated”

The two titans of the aviation world are battling for the swiftly shrinking jumbo aircraft space.

Libyan PM Freed After Being Seized Over US Raid – Officials

Ali Zeidan was ‘kidnapped’ and held by militia for several hours on Thursday in Tripoli.

Carlson Rezidor Adding Two KSA Hotels

Park Inn by Radisson Riyadh will be followed by a Radisson Blu Hotel & Residence in Jeddah

Hilton Garden Inn To Debut In KSA

Hilton spots potential for mid-market brand in the Eastern Province

MENA IPO Values Down 45% In Q3 2013

The region’s sole IPO in the third quarter of the year raised $138 million, lower than the $252.3 million raised in Q3 2012.

Etihad Raises Virgin Australia Stake to 19.9%

The Abu Dhabi-based airline now holds more than 515 million shares in its equity partner airline

Dubai’s Hotels See Occupancy Rates Rise To 79%

Dubai’s hospitality sector has been recording a strong growth rate.

Libyan Prime Minister Zeidan Kidnapped From Hotel By Gunmen

Zeidan, who was staying at a hotel in Tripoli, was forcibly taken by gunmen from a former rebel faction.

Boeing, Qatar Airways Are In A Kind Of “Marriage” – Senior Exec

Exclusive: Boeing’s relationship with the airline is “very strong” despite all the Dreamliner issues, says Marty Bentrott, VP sales at Boeing.

Women Members Of Saudi Shoura Council Challenge Driving Ban

A group of women’s rights activists have called for a new campaign on Oct. 26 to push for an end to the ban.

Saudi Court Orders Investigation Into Child-Bride Case

Saudi authorities had drafted a bill earlier this year that sets 16 years as the minimum age of marriage for girls

Asian workers take a break at Friday Market in Kuwait City

Saudi Arabia Warns Foreign Workers: Get The Right Visa Or Get Out

A crackdown on illegal expatriates will resume on November 4 after a seven-month grace period

Dubai’s Property Market Is Back… But Is The Greed Too?

With a deluge of new projects, it remains to be seen if the government’s measures will make Dubai’s property market sustainable.

Dubai Properties Group Plans New Beachfront Hotel In JBR

The developer also plans to construct an amphitheatre on The Walk alongside the hotel.

Will Dubai’s Property Prices Continue To Rise?

Some experts predict a further hike in sales prices, though other insiders say that rates have stabilised.

Citi, Qatar Bank Hold Up Al Jaber’s $4.5bn Debt Talks

Abu Dhabi conglomerate Al Jaber Group set up a five-bank creditor committee in 2011 to negotiate a $4.5 billion restructuring

Abu Dhabi’s Aldar Seeks $1.5bn Finance Before Bond Maturity

The proposed financing comes ahead of a $1.25 billion bond maturity in May 2014

Etihad To Buy Five B777-200LRs From Air India

Abu Dhabi carrier makes unusual move in order to meet Los Angeles launch next summer

Etihad Signs Air Baltic Codeshare And Doubles Jakarta Flights

Etihad expanding east and north as Jakarta flights set to double at the end of October and Latvian trade links to be bolstered by airBaltic’s new flights from December

Damac MD Confident In Dubai Property Market

Luxury property developer dismisses fears of another market crash.