Bahrain Opposition Leader Accused Of Inciting “Terror”

Khalil al-Marzouq, of the opposition Al Wefaq party was summoned by the police and is expected to face legal charges.

Qatar’s Ooredoo Signs Content Deal With Disney

The agreement will provide Oreedoo’s customers access to Disney movies and channels via video-on-demand services.

Qatar Looking Less Likely To Bid For Versace – Sources

Family-owned Italian fashion house Versace is looking to sell between 15 to 20 per cent to investors.

Qatari Businessman ‘Robbed At Paris Charles de Gaulle Airport’

Report claims businessman was assaulted and forced to hand over high-value items

Social Entrepreneurship Can Reduce Welfare Costs In ME

In a candid chat with Gulf Business, Hult Prize CEO Ahmad Ashkar discusses why he thinks the time is ripe for social entrepreneurship in the Middle East.

Dubai World Central Gets Regulator Approval For Passenger Take Off

UAE aviation regulator GCAA gives the green light for passenger flights from late October

Majority Of Middle East Senior Managers Are Hired Online: Study

Most senior managers apply for jobs via the career portal on a company’s website, says study.

France’s Alstom Wins $227m Saudi Steam Turbine Deal

The company will supply four 720MW steam turbine generator sets for the Shuqaiq power plant.

Omantel’s Shares Slump To 10-Week Low On Govt Stake Sale Plan

The government plans to offload a 19 per cent stake in the operator via a public subscription.

UAE To Announce Bank Exposure Rules In 1-2 Months – Al Ghurair

Limits on banks’ lending for residential mortgages are expected to be announced by the end of this year.

Barclays Called Reckless Over $511m Payments To Qatar Investors

The payments were made under “advisory service agreements” linked to Barclays’ emergency fundraising with Qatari investors.

Emirates Starting Daily Kabul Flights

Airline identifies demand for premium services between Dubai and Kabul

New Dubai Property Attracts Dhs100m Investment

Investors bought over half of the 140 apartments in the Burj Pacific development during a two-day sales showcase.

Qatar-Egypt LNG Supply Talks On Hold As Summer Peak Passes

Qatar agreed in May to donate five cargoes of liquefied natural gas (LNG) to Egypt.

UN Confirms Chemical Weapon Use In Syria Attack

U.N. chemical investigators confirmed the use of sarin nerve agent in an August 21 poison gas attack.

Dubai School Operator GEMS Plans To Raise $500m From Stake Sale

The education firm has admitted it is seeking to sell a 20 per cent stake to investors.

UAE Insurance Sector Set To Grow 10% This Year

Total premiums underwritten in 2012 were Dhs26.8 billion, up 9.5 per cent over the previous year.

First Gulf Bank May Bid For Barclays’ UAE Retail Arm – CEO

British lender Barclays decided to sell its retail banking business following a strategic review of UAE operations.

Damac Awards $94m Contract To Saudi Binladin Group

The contract has been awarded for the Damac Esclusiva Luxury Serviced Apartments tower in Riyadh.

Almost 50% Of UAE Residents See Drop In Savings Over Last Six Months

Many residents also expect their personal finances to reduce or remain unchanged in the next six months, finds survey.

Lindner Depa Files $250m Claim Against New Doha Airport

The counter claim by airport interior contractor LDI accuses the New Doha International Airport of wrongfully terminating its contract.

Abu Dhabi Airport Partners With Al Ain Football Club

Under the agreement, the Abu Dhabi Airports logo will feature on Al Ain FC club kits.

Prince Alwaleed To Retain Twitter Stake, Sees IPO By Early 2014

The Saudi billionaire invested $300 million in the social media giant in late 2011.

Emaar Launches Sale Of The Address Residence In Dubai

The new property includes fully furnished serviced residences in Downtown Dubai.

Sofitel Jeddah Opening In 2014

Luxury hotel on the Corniche will seek to draw in business and leisure travellers

Siemens Wins $240m Kuwait Petroleum Contract

The company has been awarded a turnkey contract by Kuwait National Petroleum (KNPC) to supply two high-voltage substations.

Wealthy Individuals To Be Main Buyers Of Zain Iraq IPO – CFO

The telecoms operator is looking to raise more than $1 billion through its IPO next year.

Emal’s Phase II To Create 1,000 Jobs

Emal will ramp up aluminium production upon completion of its phase II expansion.

UAE Banks’ Exposure To Government Highest Since 1970s

The UAE’s banking sector has extended $42 billion in credit to the government and GREs since the 2008 crisis, says BofA.

Saudi PetroRabigh Says Complex Back Online After Power Cut

A power outage on Wednesday forced the complex to shut operations.