Kuwait Oil Tanker Shipments Unaffected By Yemen Operations

An official said that tankers were operating in a safe and usual manner through the Bab el-Mandeb strait.

Egypt Lists Top Brotherhood Leader, 17 Others As Terrorists

The Brotherhood’s General Guide Mohamed Badie and Khairat El-Shater were listed alongside other members of the group’s leadership, state news agency said.

Agility Trims 2014 Dividend Despite 10% Q4 Net Profit Gain

The firm said in a statement on Sunday its net profit in the last quarter of 2014 grew to $45.7 million.

Saudi Arabia Has Not Made Decision On Sending Ground Troops To Yemen

In separate comments, Saudi Arabia said it was committed to completing its air campaign aimed at dislodging Iranian-backed Houthis rebels.

Air Canada Flight Slides Off Halifax Runway, 23 Injured

The Airbus A320 flying from Toronto was carrying 133 passengers and five crew members.

Dubai Property Prices Fell Slightly In Jan, Feb 2015 – Report

Property transactions slowed by 20 per cent year-on-year in January and 17 per cent in February, said the report.

Emirates Amends Cockpit Policy Post Germanwings Crash

The new policy will require two crew members to be present at the cockpit at all times.

Putin Letter To Arab Summit Triggers Strong Saudi Attack

Saudi Foreign Minister Prince Saud al-Faisal has accused Russian President Vladimir Putin of hypocrisy.

Alitalia Starting Venice-Abu Dhabi Flights

New route opens up Venice to global markets and is supported by new triple-daily flights from Milan

Saudi-Led Air Strikes On Yemen Kill 35 – Health Ministry

The victims were in the provinces of Sanaa, Saada and Hodeidah, an official in the Houthi-controlled health ministry said.

Qatar’s Bourse Says Plans Rights Issue Trading

The bourse gave no specific timeline for the reform.

Arab Summit To Announce Unified Force To Counter Security Threats

The draft resolution identified the military force as voluntary, meaning no state would be required to take part.

UAE’s Islamic Banking Assets To Reach $263bn By 2019

Islamic banking assets in the Emirates crossed $1 billion in 2014, a new report says.

CEO Of Bank of London and The Middle East To Resign In June

Humphrey Percy, who has served as CEO since August 2006, will also step down as a board member of the bank, BLME said.

Dubai’s Majid Al Futtaim Rules Out IPO, Plans Egypt, Saudi Expansion

The Dubai-based conglomerate will open its first Magic Planet In Saudi Arabia this year.

Credit Suisse Raises UAE Equities To Overweight From Neutral

The key risks for the UAE stock markets are an escalation of the military conflict in Yemen and renewed weakness in oil prices, Credit Suisse said.

Yemen President Fires Predecessor’s Son, Escalating Power Struggle

Ahmed Ali Saleh, son of former president Ali Abdullah Saleh, was Yemen’s ambassador to the United Arab Emirates.

Rising Costs Facing Mideast Firms In Fight Against Financial Crime

Many companies polled said that compliance costs had surged by more than 50 per cent over the last two years.

Foreign Direct Investment Flows To Dubai Reach Dhs28.6bn In 2014

The emirate’s top source countries for investment were the US, the UK, India, Netherlands, Germany and Italy.

Saudi Kayan Olefins Plant Resumes Production

Saudi Kayan had said earlier that it would shut several units at its petrochemicals complex in Jubail for about five weeks.

Diplomats And U.N. Staff Flee Yemen As Houthis Target Aden

The director general of Yemen’s Health Ministry said more than 68 people had been killed and 452 wounded in the city since Wednesday.

Prince Bishop Wins Dubai World Cup

Prince Bishop, trained by Godolphin’s Saeed bin Suroor, completed the 2,000 metre contest in two minutes 03:24 seconds.

Saudi Blogger Badawi Views Survival Of 50 Lashes As Miracle

In his remarks, Badawi recalled how he received the first round of lashes while surrounded by a cheering crowd that chanted “Allahu akbar” (God is greatest).

Soccer-Xavi Close To Deal With Al Sadd, Says Qatari Club

The 35-year-old has played for Barca a record 751 times since he graduated from the academy to the first team in 1998.

Saudi Arabia’s Yemen Gamble May Define Its Regional Role For Years

Success would establish Riyadh as de facto leader of the region’s Sunni states it has pulled together in a complex armed operation.

Saudi Arabia Decides To Restore Ambassador To Sweden – Al Arabiya TV

Saudi Arabia withdrew its envoy earlier this month over Swedish criticism of the monarchy’s treatment of women and dissidents.

Libya Tells Arab Summit Arms Embargo Must Be Lifted To Fight ISIL

The U.N. Security Council last year passed a resolution that tightened the international arms embargo on Libya.

Saudi Drawing Down FX Reserves To Cover Deficit, Data Suggests

Billions of dollars of Saudi money may be withdrawn from Western banks and financial markets this year as the country copes with a sharp reduction in its revenues.

Kuwait Opens Door For Foreign Operator To Own Part Of Stock Market

Such a move would open the way for an international exchange operator such as Nasdaq OMX or Euronext to take a stake in the stock market.

Aabar Chairman Says UniCredit Bonds Not An Exit From Bank Investment

Aabar chairman Khadem al-Qubaisi said the company may issue similar bonds linked to shares in other investments in future, although it currently had no plans to do so.