Dubai’s Emaar Says Looks To Sell Land Plot, No Deal Yet

Emaar said the sale of the land, which is yet to be concluded, was in the “normal course of business”.

CDC Sees Low Ebola Risk In Passengers Pulled From Dubai Flight

Five passengers with flu-like symptoms were removed from the Emirates flight that arrived at Boston Airport on Monday.

U.S., Saudi Arabia Hit Militant Targets In Syria -U.S. Military

Strikes destroyed a machine gun firing position, a militant unit, damaged a staging location and several buildings.

Banque Saudi Fransi Q3 Net Profit Jumps 35%

The bank said it made SAR926 million ($246.9 million) in the three months ending September 30, compared with SAR685 million in the same period a year earlier.

Abu Dhabi Plans Single Mobile Platform For E-Govt Services By 2015

Currently around 30 public entities are offering their services on mobiles, a senior official confirmed.

Dubai To Offer Free WiFi At Its Public Parks And Beaches

The move is expected improve the ratings on the happiness index that was launched by Sheikh Mohammed earlier this week.

Commercial Bank Of Kuwait To Sell KD120m Bond

The bond will have a ten-year lifespan, with an option for the issuer to redeem it after the fifth year, and will be priced at 2.25 per cent over the central bank of Kuwait’s discount rate.

Saudi Telco Mobily Names Etisalat’s Okandan As Deputy CEO

UAE-based Etisalat owns 28 percent of Mobily.

Oil Heads For 4-year Low On Saudi Output Signal

Kuwait’s oil minister said on Sunday OPEC was unlikely to cut production to support prices.

IMF Launches Consultations On Islamic Finance

The nine-member external advisory group includes industry bodies such as the Bahrain-based Accounting and Auditing Organisation for Islamic Financial Institutions.

UAE Govt Approves Higher Federal Spending For 2015

The projected federal spending of Dhs49.1 billion is up from Dhs46 billion in the original budget for 2014.

Symantec Split Will Positively Impact Gulf Markets – Official

The recent split will drive more focused investments to the sector, company executives say.

Kuwait’s Agility Says Unit Wins $82.5m British Defence Ministry Contract

The contract, secured by Agility Defense and Government Services, will run from October 2014 to April 2016, the company said in a statement.

British Parliament To Hold Symbolic Vote On Palestine Status

The motion due for debate in Britain’s lower house of parliament will ask parliamentarians whether they believe the government should recognise the state of Palestine.

Privately, Saudis Tell Oil Market: Get Used To Lower Prices

The Saudis now appear to be betting that a period of lower prices will be necessary to pave the way for higher revenue in the medium term.

Kerry Pushes For Mideast Peace, Donors Pledges $5bn For Palestinians

Among countries offering reconstruction aid for Gaza, Qatar offered $1 billion, Kuwait and UAE promised $200 million each and Turkey pledged $200 million.

Kuwait Says OPEC Unlikely To Cut Output To Support Prices

Kuwait’s oil minister Ali al-Omair said that cutting output would not necessarily prop up prices.

Panasonic Aims To Double Middle East, Africa Business By 2018

The Japanese electronics company aims to grow its overall business in MEA to over $1 billion.

Oman Plans $125m Wind Farm Project

The wind farm at Harweel will have a capacity of 50 megawatts, and is expected to begin operating early in 2017.

Qatar National Bank Q3 Net Profit Jumps 21%

In a statement, the bank said its net profit for the first nine months of 2014 was 8 billion riyals.

Saudi, UAE Stocks Fall Sharply On Global Cues

Markets fell globally after a raft of weak indicators from Europe and China collided with concerns about the U.S. Federal Reserve’s plans to reduce monetary stimulus.

Accor Announces Three Jeddah Properties

Today’s trio takes the French Group’s Middle East portfolio to 100 hotels

Stock News: Saudi Arabia Shares Tumble, Dubai Extends Drop

Dubai plunged 6.7 per cent, Abu Dhabi slid 2.1 per cent and Qatar dropped 2.7 per cent.

Saudi Arabia’s Almarai Q3 Profit Rises 13.4%

Almarai made a profit of SAR539.4 million ($143.8 million) in the three months to Sept. 30, up from SAR475.6 million in the year-earlier period

Live: Updates From Gitex 2014

All the news and views from the region’s biggest ICT event.

U.S. Defense Secretary Sees Long-Term Fight Against Islamic State

The U.S.-led coalition escalated air strikes on Islamic State in and around Kobani, also known as Ayn al-Arab, last week.

United Nations $1bn Ebola Appeal Severely Underfunded -UN Officials

A UN official has said a “20-fold increase” in the global response is needed to combat the spread of Ebola compared to efforts at the end of August.

World Economies Warn Of Global Risks, Call For Bold Action

The IMF has flagged Europe as the top concern, a sentiment echoed by many policymakers, economists and investors gathered in Washington for the Fund’s fall meetings.

Egypt Has Paid Back $500m To Qatar – Central Bank Governor

Qatar has provided around $7.5 billion in loans and grants during ex-president Mohammed Mursi’s year in power.

Air Berlin Dealt Blow As Germany Rejects Some Etihad Codeshare Flights

Etihad and Air Berlin have in the past shared codes on flights to around 60 destinations, meaning their number of shared flights will more than halve.