Saudi Arabia Says Buys 610,000 Tonnes Of Hard Wheat

The wheat is to be shipped in 10 consignments, with 310,000 tonnes for shipment to the port of Jeddah and 300,000 tonnes for the port of Dammam.

New $1.5bn Royal Atlantis Resort Planned For Dubai’s Palm Jumeirah

The new resort, to be completed by 2018, will consist of 800 rooms, suites and 250 hotel apartments.

Oman Plans 3-Week Turnaround At MAF Refinery In November

The turnover of Mina al-Fahal refinery will be carried out to upgrade certain equipments, the company said.

Islamic Lender Turkiye Finans Eyes Presence In Bahrain

No details were given on the timeframe to start operations or what type of licence was being sought to establish in Bahrain.

Several Arab Countries Offer To Join Air Campaign On Islamic State, Says US

US officials declined to identify which Arab countries made the offers in joining the emerging coalition against the jihadists.

Libyan PM Accuses Qatar Of Sending Planes With Weapons To Tripoli

Libyan Prime Minister Abdullah al-Thinni said that he will consider breaking off relations with Qatar if it continued to interfere in Libya’s internal affairs.

Kuwait’s KNPC Names NBK Finance Advisor For $12 bn Refinery Upgrade

The Clean Fuels Project will upgrade and expand two of the Gulf Arab state’s largest existing refineries with a focus on producing diesel and kerosene for export.

Qatar-Based Cleric Criticises US Role Against Islamic State

Sheikh Youssef al-Qaradawi, an Egyptian-born cleric based in Doha, said Washington was acting in its own interests.

UAE National Service Recruit Dies Of Heart Attack

Mohammed Khalid Khalifa Al Raisi suffered a sudden heart attack at the Armed Forces Residences on Saturday night.

UAE Salaries To Rise 4.8% In 2015

Salaries across the GCC are predicted to rise by five per cent in 2015, according to Aon Hewitt.

Aramco, GE And TCS Open Saudi Arabia’s First All-Female BPO

Located in Riyadh, the new centre is expected to create 3,000 local jobs for Saudi women.

Abu Dhabi To Host 462 Tour Operators, Media In Sept To Boost Tourism

The familiarisation trip includes delegates from nine countries in the Americas, Europe, Middle East and Russia.

Empower

Dubai’s Empower Secures $127.8m Islamic Loan

The loan will be used to fund Empower’s multi-plant district cooling network in Dubai’s Business Bay area, the company said in a statement.

Malaysia Airlines MH17 Tragedy Could Have Been Averted – Emirates Boss

Sir Tim Clark says information regarding the presence of missiles on ground in Eastern Ukraine was withheld from airlines.

Saudi’s Savola Says To Sell Stake In Property Project For $158.3m

The company will sell its 30.4 per cent holding in the Masharef project to Kinan International Company for Real Estate Development.

Prominent Muslim Brotherhood Figures To Leave Qatar

Qatar and Turkey were the only regional countries to back the Brotherhood after Egypt’s army toppled Mohamed Mursi last year following mass protests against his rule.

Australia Commits Military Forces To Fight Islamic State

A 600-strong force will be deployed to the UAE and be based at a U.S. headquarters, Prime Minister Tony Abbott said.

RTA Confirms Completion Of Phase II Of Jumeirah Corniche Project

The newly completed phase of the project will be open to public from the third week of September, RTA said.

Dubai’s Emaar Looks To Raise $1.58 bn From Malls Unit’s IPO

Emaar expects to sell two billion in Emaar Malls Group with a price range of Dhs2.50 to Dhs2.90 per share, it said in a statement.

Sisi Says Coalition Must Battle Islamic State And Others

Sisi said any international coalition to combat terrorism “should be comprehensive and not exclusively target a specific organisation or eradicate a certain terrorist hotspot”.

Islamic State Video Purports To Show Beheading Of UK Hostage David Haines

Haines, a 44-year-old father of two from Perth, Scotland, was kidnapped last year while working for the French agency ACTED.

UN Rapporteur Criticises Oman Over Right To Assembly

The special rapporteur said that though Oman’s law guarantees the right to peaceful assembly within its limits, it is quite restrictive.

Dubai’s Marka To List Shares Sept. 25, First Flotation Since 2009

Marka initially planned to list its shares on the DFM around the first week of June, but the market was hit by volatility that month.

Qatar To Take Airbus Superjumbos; Questions Remain About A320 Test

After a three-month dispute that had blocked the delivery of the first of ten A380 superjumbos ordered by Qatar Airways, the Gulf airline has agreed to take the new jet.

U.S. Wins Arab Support For Syria/Iraq Military Campaign

The Arab states agreed in a communique to do more to stop the flow of funds and fighters to Islamic State and help rebuild communities “brutalised” by the group.

Dubai’s Property Sector Plots Conservative Growth

When Dubai’s residential property prices shot up sharply last year, it invoked fears of another bubble, but analysts suggest the market is sturdier this time around.

As Air Accidents Rise, Will Aviation Insurance Premiums Follow Suit?

The rise in accidents has set the bills soaring for aviation insurers, with firms looking at annual losses worth $2 billion this year.

Dubai Aluminium Approaches Banks For Rare Corporate Loan

Talks are at a preliminary stage to sound out banks about what Dubal could raise in the loan market, the sources said on condition of anonymity because the information is not public.

GCC Firms Commit Investments Worth $19bn In West Africa

Abu Dhabi firm Trojan General Contracting committed investments worth $16 billion in various infrastructure projects in West Africa.

U.S. Shale Squeezing Out Saudi Oil Imports, Boosting Gasoline Exports

The North American shale boom has not only cut crude imports into the United States but also turned it into a net products exporter.