British Airways to fly Dreamliner to Abu Dhabi and Muscat

British carrier will hope to lure Emiratis and Omanis onto its new First Class suites

Kuwait committee to visit London for sovereign fund probe

The Kuwait Investment Authority has come under greater public scrutiny following last year’s plunge of oil prices

Top five challenges faced by execs in the region – Bain

Regional directors say cyber attacks, customer loyalty are amongst the biggest challenges they face, finds new survey

Property market and economy in Dubai ‘healthy’ – Jumeirah CEO

Gerald Lawless says emirate’s property market has matured well since the financial crisis

OPEC sees more balanced oil market in 2016

OPEC expects world oil demand to increase by 1.34 million bpd in 2016, up from growth of 1.28 million bpd this year

Saudi appoints housing minister from private sector

Majed al-Hogail, former MD of Rafal Real Estate Development, was chosen to head the housing ministry by King Salman

Starz Play inks content deal with CBS for MENA region

As per the deal, Starz will stream premium content from Showtime and CBS for its Middle East and North Africa audience

Eurozone strikes deal with Greece after all-night haggle

EU officials said Tsipras finally accepted a compromise on German-led demands for the sequestration of Greek state assets to be sold off to pay down debt

‘Reem Island ghost’ executed in UAE for killing American teacher

Ala’a Badr Abdullah al-Hashemi, 31, was sentenced to death for stabbing teacher Ibolya Ryan

Star Trek 3 to be filmed in Dubai

The filming of the movie in Dubai is scheduled to begin in October, the Dubai Film and TV Commission said

Bahrain arrests opposition leader freed three weeks ago

Ibrahim Sharif, former head of the secular National Democratic Action Society, was arrested previously for plotting to overthrow the monarchy

UAE announces Eid holidays for public and private sector

Eid holidays for employees of federal authorities will begin from July 16 while private sector workers will receive two days off

Eurozone summit aims to keep Greece in single currency

Eurogroup ministers resumed a meeting on Sunday suspended after nine hours of acrimonious debate on Greece’s application for another three-year loan

Saudi’s Mobily names former Mobinil executive as new CFO

Ben Hamida served as the CFO at Egyptian phone operator Mobinil from 2011

Abu Dhabi rents up 6%, prices rise 4% quarter-on-quarter in Q2

Developments such as Eastern Mangroves and St Regis Residences saw rents rise 10-12 per cent in Q2, says Asteco report

Smartphone shipments to Middle East and Africa up 66% in Q1 2015

Smartphone shipments to the Middle East and Africa are set to total 155m units by the end of 2015, a study says

Italian firm wins $859m contract for Qatar 2022 World Cup stadium

The Al Bayt stadium in Al Khor will have the capacity to accommodate 70,000 spectators

UAE tops MENA ranking on global index measuring rule of law, crime

The Emirates retained the top spot in adherence to order and security helping it reduce crime, a new study says

Saudi’s Mobily names former MTN exec Farroukh as CEO

Mobily said that the new CEO has “a proven track record of success in the area of financial management, audit and operations”

Just du it

Tolga Aykut discusses climbing the corporate ladder with du chief commercial officer Fahad Al Hassawi

Why businesses need a strategy for big data

Companies should adopt a more calculated approach to their big data projects

Saudi says Riyadh determined to confront Iranian expansion in region

Saudi actions had helped reduce the interference of Tehran and its regional clout in Yemen and other countries, the Kingdom’s foreign minister said

Saud al-Faisal, Saudi foreign minister for 40 years, dies

Prince Saud was the world’s longest-serving foreign minister when replaced on April 29 by Adel al-Jubeir, the then-ambassador to Washington

Oil may have further to fall due to oversupply – IEA

The International Energy Agency (IEA) said it expected global demand growth to slow next year to 1.2 million barrels per day from 1.4 million this year

Saudi Arabia issues first sovereign bonds since 2007, more to come

The government sold SAR15bn ($4 billion) of bonds to local banks this year, according to a senior official

Dubai property market: Flight towards affordability

Affordable housing has become the new buzzword in Dubai’s property scene. Why?

Greece launches tourism charm offensive in UAE

Minister says potential ‘Grexit’ will have no impact on the tourism industry

Human

Expo 2020 could face major cyber security issue – expert

Tom Leighton, CEO of tech firm Akamai, says online security is a major challenge for high-profile events across the world

Saudi bank NCB posts 2.6% drop in net profit, misses forecasts

NCB reported a net profit in the second quarter of 2015 of SAR 2.36bn ($629m)

UAE finds 99.88% compliance for midday break rule

The ministry of labour said that 11 firms were fined for flouting the midday work ban