Bahrain Invites Opposition To Feb 10 Reconciliation Talks

Opposition groups have suggested they would attend but cited differences with the government over the aim of the talks.

Saudi King Abdullah Replaces Saudi Market Regulator Head

Mohammed bin Abdulmalik Al al-Sheikh has been appointed as chairman of the Kingdom’s Capital Market Authority

Emirates Signs Five-Year Partnership With F1

Emirates boss Sheikh Ahmed bin Saeed Al-Maktoum said the deal was worth “above $10 million”.

Barclays’ Bosses Duck Qatar Questions

UK authorities have been investigating the bank’s fundraising from Qatar at the height of the 2008 financial crisis since July.

Qatar Steel Awards Siemens $38m Contract

Qatar Steel, a subsidiary of Industries Qatar, launched a $5.7 billion aluminium plant in December 2009.

Lufthansa Halts Libya Flights Due To Security Worries

This is the second time this year that flights to a Libyan city have been cancelled due to security concerns.

Bentley Reports Record Year For Middle East

The Continental GT and GTC W12 continued as the brand’s most popular models in the region.

Oil Edges Up Towards $116 As Europe Concerns Fade

Brent crude has gained four per cent so far in 2013 and reached a more than four-month high above $117 on Friday.

MENA M&A Deal Values Rise 42%, Volumes Fall 4% In 2012

The value of mergers and acquisitions (M&A) deals in the region reached $44.8 billion last year, says new study.

Etihad Closer To Signing Deal With India’s Jet Airways

The Abu Dhabi airline is planning to buy a 24-per cent stake in Jet for up to $330 million, according to sources.

Dubai’s ENOC Signs Contract With Qatar For Condensates

Emirates National Oil Company (ENOC) aims to reduce imports of extra light oil from Iran.

Dubai Islamic Bank’s Q4 Profit Up 33.9%, Beats Estimates

The lender said it recorded healthy growth across its asset and deposit bases last year.

Mercedes-Benz Reports Record Year In Middle East

Vice President at the automotive company announces 13 new car lines in the next seven years.

US Business Jet Maker Nextant Targets ME Buyers

Directors have been touting the Nextant 400XT jet to regional entrepreneurs and HNWIs this week

Dubai’s Aramex Q4 Profit Up 15%, Eyes More Acquisitions

The logistics firm is eyeing acquisitions and joint ventures in Africa, Central Asia, and Asia.

Air Arabia Reports 13% Passenger Growth In 2012

The low-cost carrier puts its rise in passenger traffic down to its expansion plans.

Infiniti Red Bull Racing Unveil RB9

The world champions use a new livery in recognition of its new title partner.

Etihad’s 2012 Net Profit Triples To $42m

The Abu Dhabi carrier recorded a 17 per cent rise in revenues while passenger numbers rose 23 per cent.

Aldar’s Q4 Net Rises 10% On Lower Impairments

The Abu Dhabi-based developer, currently in the process of a merger with Sorouh, made a fourth-quarter net profit of Dhs200 million.

Mashreq Reports 60% Jump In 2012 Net Profit

The bank’s profit rose on the back of increased fee and investment income.

Barclays Finance Director Lucas, Top Counsel To Retire

The British bank, battling with a series of scandals, has appointed headhunters to find suitable replacements.

Bonding Time In Islamic Finance

The Gulf is set for another bumper year of the sukuk.

The Dawn Of Cyber World War I

Experts say looming IT attacks could be catastrophic for global business and even cost lives.

REVEALED: Most Powerful Arabs In Real Estate

Emaar boss Mohamed Alabbar tops the Gulf Business list of the most powerful Arabs in the real estate.

REVEALED: Most Powerful Arabs In Finance

Prince Alwaleed Bin Talal tops the Gulf Business list of the most powerful Arabs in the finance sector.

Dubai Hopes New Standards Will Make It Global Sukuk Centre

The emirate’s detailed new standards are expected to provide assurances for sukuk holders and traders.

Oman Air Targets Subcontinent Growth

The expansion comes after the Sultanate signed MoUs with India and Pakistan to boost air services last November

Saudi Telecom’s Domestic CEO Resigns

Jameel Abdullah al-Molhem is the latest in a line of senior executives to leave the company.

Waha Capital Reports 38.1% Rise In Profit

The Abu Dhabi-company put the increase down to its shares in aviation investee company Aercap.

District Cooling Firm Tabreed’s Q4 Profit Up 30%

The Dubai-listed firm posted a net profit of Dhs68.7 million in the fourth quarter of 2012.