Saudi man gets life in US prison in Africa embassy bombings case

Khalid al-Fawwaz was not charged with planning or participating in the attacks, which killed 224 people and injured more than 4,000.

Etihad Airways says US carriers got $70bn in government aid

The claim follows US carriers’ allegations that Etihad, Emirates and Qatar Airways have received more than $40 billion in state subsidies.

Google’s new self-driving cars to hit roads for testing

Engineers will operate 25 prototype vehicles designed by Google.

Credit Cards Bolster Citigroup In UAE, Bahrain And Poland

Citigroup has experienced growth in credit card acquisitions in the UAE of 2.5 times over the past year, it said.

The Long Term Impact Of Low Cheap Oil On The GCC

Volatile fuel prices could be a good thing for the GCC, writes Abhay Bhargava, associate director and regional head – ME, Energy & Environment Practice, Frost & Sullivan.

Dubai’s Marka Buys Reem Al Bawadi Restaurant Chain For Dhs315m

The acquisition is being funded by a blend of the company’s own funds and bank facilities, Marka said.

Bahrain Upholds Six-Month Sentence For Prominent Activist Over Tweet

Nabeel Rajab was convicted for “publicly insulting two government bodies.”

Qatar Airways Added $900m To The US In 2014, Says CEO

Akbar Al Baker once again refuted “baseless” subsidy claims, and called for the US government to continue its open skies agreement.

Taxi-Provider App Uber Now Targets Health, Retail

Uber’s reach now stretches across 310 cities and 55 countries and it records one million trips a day.

Revealed: Top 10 Medical Tourism Destinations In The World

Canada was ranked as the world’s best medical tourism destination worldwide in 2014, according to a new index.

Dubai’s Drake & Scull Q1 Net Profit Falls 38%

DSI’s first-quarter revenue was Dhs1.11 billion, down from Dhs1.25 billion a year earlier.

Obama Seeks To Reassure Gulf Allies On Iran, Security At Summit

Tension over U.S. policy toward Tehran, Syria and the Arab Spring uprisings will loom over the meetings.

Expats In GCC Countries Can Now Apply For UAE Visa Online

From October, online visas will become mandatory, and visas on arrival will not be granted at the airport, officials said.

Saudi Regulator Approves Fourth IPO This Year

Arabian Contracting Services Co will offer investors 16.5 million shares representing 30 per cent of its capital.

Abu Dhabi’s Aldar Q1 Net Profit Rises 36%

The state-linked builder made a profit of Dhs618 million in the three months to March 31.

Absent From Obama Summit, Bahrain King Expected At UK Horse Show

Like Saudi Arabia’s King Salman, King Hamad has decided to send his crown prince to the United States in his stead.

Saudi Arabia Regulator Refers Mobily Case To Public Prosecution

The Capital Market Authority launched an investigation into the firm in November after Mobily restated a year and a half of its earnings.

Kuwaiti Mina Abdullah Refinery Units In Maintenance To June 8

The refinery will also undergo a second round of maintenance for 45 days starting March 1 next year.

Saudi King Allocates SAR1bn For Yemen Relief Centre

The money would be in addition to another SAR1 billion the monarch had pledged, Al Arabiya said.

Iran Says Saudi-Led Forces Cannot Inspect Yemen-Bound Ship

A military coalition led by Saudi Arabia has imposed inspections on all ships entering Yemen.

Half Of UAE Professionals Unhappy With Their Salaries – Survey

Up to 66 per cent of UAE professionals believe they earn less than what other firms in their industry offer, finds new survey by Bayt.

Saudi Arabia Regulator Suspends Trade In Mobily Shares

The regulator has asked the telecommunications operator to clarify information related to one of its businesses.

Closer Defence Ties Between US, Gulf Critical To Terrorism Fight -Kerry

US President Obama is holding a summit with the six GCC nations to discuss Iran, Yemen and other security issues.

UAE Ranks 45 Globally For School Education; Singapore Tops List

Published by the OECD, the biggest-ever global school rankings list is based on test scores in maths and science in 76 countries.

Emirates Airline Could Use European Hubs To Expand In Americas

The move could further anger US carriers, which accuse Emirates of competing unfairly through state subsidies.

Abu Dhabi’s TAQA Q1 Profit Falls 6.6% On Low Oil Prices

Total revenues tumbled 29 per cent to Dhs5.13 billion because of the plunge of oil prices since last June.

Dubai Builder Arabtec Swings To Net Loss In Q1

The builder reported a loss attributable to equity holders of Dhs279.82 million in the first quarter.

Yemen Truce Starts After Shelling, Iran Sends Cargo Ship

The five-day humanitarian truce in Yemen came into effect at 11 pm on Tuesday.

Obama To Meet With Saudi Crown Prince, Deputy In Oval Office On Wednesday

Obama’s summit with the GCC countries begins Wednesday evening and continues on Thursday.

Five Minutes With.. Captain Patrick Gordon, Acting President And CEO, Royal Jet

Royal Jet will receive two new Boeing business jets later this year as part of a $700 million fleet expansion and replacement programme, says Gordon.