Industries Qatar Q4 Net Profit Slips 4.2%

The company reported annual net profit of QAR6.3 billion for 2014, down 21 per cent from QAR8.01 billion a year earlier.

Jordanian King Vows “Relentless” War On Islamic State’s Own Ground

Jordan hanged two Iraqi jihadists, one a woman, on Wednesday and vowed to intensify military action against ISIL.

Saudi Supermarket Chain Al Raya Put Up For Sale – Sources

Dubai-based Levant Capital and Citi Venture Capital International originally bought the stake in Al Raya in 2012 for $100 million.

Held To Higher Standards: Why The Glass Ceiling Still Exists

Isn’t 2015 finally time to let the world’s female population experience true equality?

Saudi’s GASCO Says To Solve Gas Shortage Soon

The shortage of gas cylinders, used for cooking, in Jeddah and nearby cities has pushed up prices to SAR100 in the black market from SAR15.

Saudi King Calls Pilot’s Killing “Heinous” Violation Of Islam

His message offered condolences to the Jordanian people and King Abdullah of Jordan.

Abraaj And TPG Sign Deal For Saudi Fast-Food Chain Kudu – Sources

The deal is a first in the region for TPG, which manages about $65 billion of capital according to its website.

UAE Stops Airstrikes In Anti-ISIL Coalition -U.S. Officials

The officials said the UAE had suspended its participation in the air campaign because of concern for pilots’ safety.

Al Jazeera Journalist Greste Arrives Home In Australia

Greste was released on Sunday after 400 days in a Cairo jail and had been in Cyprus since.

CEO Predictions 2015: Vipen Sethi, CEO, Landmark Group

The GCC’s retail growth will be supported with the opening of new malls across the region, writes Sethi.

UAE Lender NBAD Launches $750m Five-Year Bond

Investor orders grew to over $1 billion, the leads said.

Yasref Refinery In Saudi Arabia To Load First Gasoline Cargoes

On Feb. 6, the 400,000 barrels per day refinery will load a 60,000 tonne cargo of gasoline on the Serengeti.

Sobha Confirms Hartland Project Will Begin Handover By 2017

The private developer is looking to open offices in London, Singapore, Riyadh, Doha and Kuwait City by July 2015.

Dubai’s Mashreq Expects Slower Retail Lending Growth In 2015

The bank’s retail lending growth is expected to slow to 25 per cent in 2015 from 36 per cent last year.

Gulf States To Deposit $10bn In Egypt Before Conference

Saudi Arabia, Kuwait and the UAE gave Egypt more than $12 billion in aid after former President Mohamed Mursi was toppled in 2013.

RAKBANK CEO: UAE Credit Bureau Not Having An Impact On Lending

The bank has not seen a major drop in lending approval rates since the establishment of the Credit Bureau, says Peter England.

Saudi Prince Alwaleed’s Kingdom Holding Sells 5.6% Stake In News Corp

Kingdom’s stake decreased from approximately 6.6 per cent ownership to roughly one per cent ownership.

Jumeirah Signs First Venu Hotel For Meraas’ Bluewaters Island Project

The hotel will have close to 300 rooms and is slated for completion in 2017.

UAE Space Agency Looks To Coordinate With Europe On Future Projects

The meetings with European stakeholders mainly focused on ways to exchange knowledge and experience in space technology and science, a statement said.

Total CEO Expects Oil Price Of $60/Barrel This Year – Report

Patrick Pouyanne said that despite the fall in oil prices, the company would maintain investments in its big projects.

Abu Dhabi’s Gulf Capital Seals $232m Loan To Fund Investments

The six-year revolving credit facility was lead arranged by First Gulf Bank and Abu Dhabi Commercial Bank.

Dubai’s Shuaa Capital Says Didn’t Renew Moody’s Contract As Has No Debt

Moody’s on Tuesday withdrew Shuaa’s ratings, citing Moody’s “own business reasons” without elaborating.

Bahrain Begins Legal Process To Set Up Central Sharia Board

A country-level approach could help limit differences between products, speed the design of new products and boost investor confidence.

UAE’s NBAD To Price Benchmark Five-Year dollar Bond On Weds

The bond, rated AA- by Standard and Poor’s and Fitch, will be listed on the London Stock Exchange.

Stock News: Dubai’s Rally Slows As Oil Slips

Brent crude fell 0.7 per cent in Asian trade after surging almost six per cent on Tuesday.

Pakistan Seeks Settlement With Etisalat In $800m Dispute

An Etisalat-led consortium in 2005 bought a $2.6 billion stake in Pakistan Telecommunication Co but withheld $800 million because of some incomplete deal terms.

Sheikh Mohammed Approves Renovation Of Dubai’s Historical District

Work on the project is slated to be completed by 2018, officials said.

Jordan Executes Two Iraqi Militants In Response To Pilot’s Death

ISIL fighters released a video on Tuesday showing Jordanian pilot Muath al-Kasaesbeh being burnt alive in a cage.

ISIL Shows Burning Of Hostage, Jordan Vows “Earth-Shaking” Response

A Jordanian official said the authorities would swiftly execute several militants in retaliation.

Etihad Acquires 75% Stake In Alitalia’s Frequent Flyer Scheme

MilleMiglia is Italy’s largest frequent flyer programme, with 4.6 million existing members and more than 20,000 new members a month.