Qatar National Bank Names Ali al-Kuwari Acting CEO

Ali al-Emadi, QNB’s previous CEO, became Qatar’s new finance minister following a cabinet reshuffle in June.

UAE To Give Egypt $3bn Support, Saudis $5bn

The UAE will make a $1 billion grant to Egypt and a $2 billion loan.

Dubai’s Nakheel Reports 57% Profit Rise In First Half Of 2013

The debt-ridden developer made a net profit of Dhs1.2 billion during the first half of the year on higher revenues.

Nokia Launches New Ramadan Apps On Windows 8 Platform

Apps provide information on prayer timings, location of mosques and iftar and suhoor restaurant options.

Dubai’s New Address System To Ease Travel

The new 10-digit codes will eliminate the need for complicated and lengthy street addresses.

Dana Gas Appoints New CEO

Patrick Allman-Ward currently works as the general manager for Dana Gas Egypt.

Egypt Seeks End To Crisis With Quick Elections

Interim leader Adli Mansour has decreed that a parliamentary vote will be held in about six months, followed by a presidential election.

Saudi Ma’aden Awards $825m Contract To South Korean Firm

South Korea’s Daelim Industrial Co will build an ammonia plant at Ras Al Khair, on the eastern coast of the Kingdom.

Corruption Worsened In Arab Countries Since Uprisings

The majority of respondents in Egypt, Tunisia and Yemen feel the level of corruption has risen in the past two years.

Emirates Starting A380 Mauritius Flights In December

The double-decker will cater to growing leisure demand and serve multiple destinations across Emirates’ global network.

New $58m Stone Wool Factory Announced In Saudi

The factory, located in Yanbu, is being developed by a joint venture of Kuwait’s Alghanim and Saint-Gobain.

White House Will Not Cut Off Aid To Egypt

The U.S. is not prepared to label the Egyptian military’s overthrow of the government as a coup, a move that would determine if aid to the country would continue.

Dubai Could Raise $1bn From Telecom Sales

Dubai has alledgely put its 26 per cent stake in Axiom Telecom and 35 per cent stake in Tunisie Telecom on the block.

Etisalat Warns Customers To Register SIM Cards As Deadline Looms

The fourth phase of the registration campaign ends on July 16.

Abu Dhabi Culls Expat Jobs At Key Government Department

Sources say between 40-70 people have lost their jobs at the General Secretariat of the Executive Council.

Five Marketing Tips For Brands During Ramadan

Marketers should focus on social media campaigns as residents spend more time on social networking platforms during the holy month.

Government To Assign Email Addresses To All Iranians

The move is aimed at increasing interaction between state authorities and the citizens.

At Least 42 Killed In Egypt, Islamists Call For Uprising

President Mohamed Mursi’s Muslim Brotherhood is urging Egyptians to rise up against the army.

Infiniti’s Global Name Change To Rollout In ME

The Infiniti FX will become the QX70, with its first appearance in the Middle East this year.

Etihad Posts Record Q2, H1 Revenues

The Abu Dhabi carrier attributed its eight per cent rise in Q2 revenue in part to its codeshare and equity alliance partners.

Dubai Metro Extends Timings During Ramadan

Public transport facilities including the metro and buses will operate on revised timings during the holy month.

Mortgage Lender Tamweel To Delist From Dubai Bourse

The move is in preparation for its complete acquisition by Dubai Islamic Bank

SMEs Attracting More Funds From MENA Private Equity Firms

As political uncertainty rises in the Middle East, PE firms are increasingly considering SMEs as a viable investment option.

Does Egypt’s Crisis Represent A Failure Of Democracy?

Ousting an elected president by the military, without an election, is unquestionably undemocratic, say analysts.

Dubai Property Prices Up 17% In Q2 2013

Apartment sale prices rose significantly in the second quarter of the year compared to Q1 2013, finds new report.

Egypt’s Central Bank Governor Flies To Abu Dhabi

The UAE pledged $3 billion in aid for Egypt in 2011 that has yet to be delivered.

QE2 To Become Luxury Hotel In Asia

Dubai World’s investment arm Istithmar bought the vessel from Cunard for $100 million back in 2007.

Camelicious First Camel Milk Brand To Ship To Europe

EICMP has said it will focus on the European B2B market, targeting the pharmaceutical, cosmetic, sport and nutritional fields.

Egypt’s New PM Talks Unclear, More Protests Due

A presidential spokesman has told reporters that Mohamed ElBaradei had not in fact been chosen as prime minister.

Mohamed ElBaradei To Be Egypt’s New Interim PM

ElBaradei was among liberal leaders who opposed Mursi and called for massive protests.