New Lumia Range – Nokia’s Last Hurrah?

A busy few weeks for the mobile phone marketplace sees two new handsets from Nokia as it attempts to win back its share of the limelight.

Oil Prices Re-enter The “Danger Zone”

As oil prices rise, Western economies face dire days ahead, says Reuters’ John Kemp.

REVEALED: The GCC’s Top Event Bids

Gulf Business takes a look at the biggest events that the GCC nations have hosted, are hoping to host, and the ones that got away.

Egypt’s OCI Income Falls 28%

Orascom Construction Industries, Egypt’s biggest listed company, feels weight of new plants in Algeria and the US.

Qatar Tops Region In Global Competitiveness Ranking

Saudi Arabia came second, followed by the UAE in the World Economic Forum’s annual ranking.

UAE’s Al Habtoor Eyes Potential IPO In Dubai

The family conglomerate said that it was financially prepared to go public.

Emirates Enters 10-Year Alliance With Qantas

The agreement does not include a global revenue-sharing deal or equity injection from either side.

Banks Raise Costs For UAE’s Emal

The Abu Dhabi-based Emirates Aluminium will encounter higher loan rates due to the Eurozone crisis.

Dubai Airport Passenger Traffic up 6% In July

Monthly traffic surpassed five million passengers for the first time.

Apple Expected To Launch iPhone 5 On Sept 12

The tech giant has hinted that it will launch its latest phone at an event on September 12 in San Francisco.

Abu Dhabi Power Project Eyes Bond By End Sept

The Shuweihat 2 plant project may launch a bond as part of a $2.2 billion refinancing plan.

Al Jazeera Website Hacked By Syria’s Assad Loyalists

The hacking attack is the latest in a wave of cyber attacks on news agencies and energy companies in the region.

Emirates Pumps $596m Into Indian Economy

The Dubai-based airline also supports over 72,000 jobs in India through its operations, says study.

Dubai’s Limitless To Sign $1.2bn Debt Deal In Sept

The state-owned property firm has rolled over the Islamic debt facility, owed to a syndicate of banks, several times.

UAE Business Activity Flat In August

A new index by HSBC shows the manufacturing and services sectors fell 0.1 points from July.

Barclays Sees Middle East Driving Investment Bank

The lender leads M&A advisory rankings in MENA with $4.7 billion of deals this year, according to Dealogic.

Gold Hits 5-1/2 Month High On Stimulus Hopes

Gold and silver have hit multi-month highs as investors aim to hedge against potential inflation risks.

UAE And Brazil Trade Soars

Trade links between the two countries have never been stronger as new figures reveal a growing relationship.

MENA Consumers Are World’s Most Loyal

Ernst & Young survey shows shoppers in the region are more loyal to their preferred brands than shoppers in the UK or US.

UAE Ranks In Top Ten For Swiss Watch Sales

Returning consumer confidence is a driving factor for the UAE luxury sector.

Top 10 Sovereign Wealth Funds

As the notoriously private wealth vehicles gain increased visibility, especially with their emerging markets investment push, Gulf Business lists the top 10 SWFs in the world.

GCC Ministers: More Talks Needed On Integration

King Abdullah of Saudi Arabia urges Gulf Cooperation Council to become a single entity.

Zain Announces New Chief Executive And COO

The Kuwait-based operator has revealed two new appointments to its top level board.

Maradona Appointed Dubai Sports Ambassador

The Argentinian legend and ex-Al Wasl coach has accepted a position with the Dubai Sports Council.

Bahrain’s Economy Shrinks In Q2

Real GDP expanded but ongoing political unrest continues to dampen the country’s growth.

Qatar National Bank To Buy SocGen’s Egyptian Arm

The bank has hired JP Morgan to advise on its planned buyout of the French bank’s Middle Eastern asset.

Etihad Raises Virgin Australia Stake To 10%

The Abu Dhabi-based carrier has doubled its stake in the Australian carrier but no plans for a majority.

Manchester City And Malaga Start Season Well

The Gulf-funded football clubs continue to spend big money for new players as both teams get off to winning ways.

Tata Motors Looks At Saudi Plant For Jaguar Land Rover

The plant may come up next to a new aluminum smelter in the Kingdom, says Tata Motors chairman.

5 Minutes With… Samer Majali, CEO, Gulf Air

Gulf Air CEO, Samer Majali, says a consultative leadership style is the best way to energize and motivate employees.