Qatar Sovereign Fund To Buy Rest Of Prime Milan Property Area

As per the deal, Qatar Holding will buy the 60 per cent of Porta Nuova it does not already own for an undisclosed sum.

Shell’s Qatari GTL Plant Starts Two Month Partial Maintenance

Pearl GTL can produce 140,000 barrels per day of gas-to-liquids products and 120,000 barrels per day of natural gas liquids and ethane.

Dubai Launches Mega Campaign To Promote Expo 2020, Plans New Logo

About 21 art sculptures will be unveiled across Dubai on March 1 to spread awareness about the impact of Expo 2020.

Middle East Funds Increasingly Bullish On Saudi Arabian Equities

Saudi Arabia plans to open its stock market to direct investment by foreign institutions in the first half of 2015.

Aircraft Interiors: The Future Is Lighter

Carrier demands for better fuel efficiency is rewiring aircraft interiors, writes Kim Choate, director of Mass Transportation for SABIC’s Innovative Plastics business.

UAE Military Buys Two Boeing C-17s As Part Of Record IDEX Spend

At Dhs18.33 billion, the total for deals signed with local and international companies by the Gulf Arab state was the highest at the event.

New York-Bound Emirates Flight Turns Back Due To Medical Emergency

The airline has confirmed that the A380 flight made a safe landing at the Dubai Airport.

40% Of UAE HR Directors To Hire, 9% To Freeze Hiring In H1 2015 – Survey

Employee retention is a major concern for HR professionals in the country, says study by Robert Half.

BBC Names “Jihadi John” Suspect In ISIL Beheading Videos

Mohammed Emwazi hailed from a well-to-do family and grew up in West London.

UAE Regulator Lets Airlines Resume Baghdad Flights After Shooting

Flights will be subject to increased safety and security requirements, the regulator said.

Nshama Launches Massive Residential Project Town Square In Dubai

Town Square will feature 3,000 townhouses and 18,000 apartments in addition to retail, hospitality and commercial units.

Bahrain Sentences Three Men To Death For Killing Policeman

The ruling is the latest in a series of strict penalties handed down to those accused of seeking to destabilise the Western-allied kingdom.

Saudi To Hike April Crude OSPs For Asia, Arab Light

Higher OSPs would come as a vote of confidence by the OPEC kingpin in oil demand recovery.

Bahrain Banks On Infrastructure, Private Sector To Ride Out Cheap Oil

Experts say that Bahrain had managed to diversify its economy enough in recent years to make lower oil prices less damaging.

ISIL In Syria Has Abducted 220 From Christian Villages This Week

The abductions reportedly took place when ISIL took 10 villages inhabited by the ancient Christian minority near Hasaka.

Abu Dhabi’s AMMROC Inks Dhs2.3bn Deal With UAE Armed Forces

The contract is expected to facilitate a performance-based logistics arrangement between the two stakeholders in the future.

UAE Court Sentences Six Iranians To Life In Jail Over British Businessman’s Kidnap

Abbas Yazdi, a businessman of Iranian descent who owns a general trading company in Dubai, disappeared in June 2013.

Emirates’ Partner Qantas Reports First-Half Profit As New Strategy Gathers Speed

The airline’s turnaround strategy includes stripping costs, freezing capacity and slashing 5,000 jobs.

UAE’s Etisalat Q4 Profit Jumps 47%, Below Forecast

It made an annual net profit of Dhs8.9 billion, up from Dhs7.1 billion in 2013.

Saudi Aramco Sees Jizan Refinery’s First Units Starting Up In 2017

The 400,000 barrels per day refinery is part of a $20 billion plan to develop an industrial city in Jizan.

Qatar Bank Al Khaliji Gets Shareholder Assent For Up To $1.75bn Bond Sale

Bond issuance from Qatari borrowers has been rare in the last 18 months.

Emirates President Tim Clark Urges US Govt To Ignore Subsidy Claims

He was responding to allegations made by the three largest U.S. airlines, Delta Air Lines, American Airlines and United Airlines.

UAE’s First Gulf Bank Sees 9-11% Loan Growth In 2015

FGB, the third-largest lender in the UAE by assets, reported a 13 per cent rise in Q4 net profit in January.

Lenovo Website Breached, Hacker Group Lizard Squad Claims Responsibility

Although consumer data was not likely compromised by the attack, the breach was the second security-related black eye for Lenovo in a matter of days.

ISIL Seize 100 Iraqi Tribesmen Before Battle For Tikrit

Iraqi soldiers and pro-government Shi’ite militias have been massing for days in preparation for an attack on ISIL strongholds along the Tigris River.

Yemen Ex-President Amassed Up To $60bn, Colluded With Rebels – UN Experts

Ali Abdullah Saleh’s rule from 1978 to 2012 was marred by graft, UN appointed investigators have told the Security Council.

Oil Rises To $59 As Saudis Say Demand Growing

Oil fell on Tuesday after a bigger-than-anticipated rise in U.S. crude oil stocks.

Dubai’s DEWA To Open 100 Electric Vehicle Charging Stations In 2015

The authority inaugurated the first station within its main office on Wednesday.

Saudi Mobily Suffers 2014 Loss, Loan Covenant Breach

Mobily’s shares have fallen by 56 per cent since an accounting scandal first broke in November.

Qatar’s Hassad Food Eyes Brazilian Sugar, Poultry Assets

Hassad Food, wholly owned by the Qatar Investment Authority, was set up in 2008 to boost the Gulf country’s food security.