UK Not Ruling Out Airstrikes Against Islamic State, Says Hostage Video Genuine

IS released a video on Tuesday showing the beheading of American hostage Steven Sotloff, and issued a threat against a British hostage.

Oman To Issue $1.3bn Of Bonds, Sukuk In Early 2015 -Banker

The issuance would be in local currency and would apparently be separate from an international, U.S. dollar-denominated sovereign bond issue which Oman has said it may conduct.

VoIP Services Such As Skype, Viber Illegal In UAE, Clarifies Regulator

The TRA has issued a brief statement saying only Etisalat and du are licensed to provide VoIP services in the country.

Abu Dhabi Fund ADIA Names Tipple As Head Of External Equities

Prior to joining ADIA, Brian Tipple held the position of chief investment officer at U.S.-based Key Private Bank.

MAF Announces $70m Phase 2 Expansion For City Centre Muscat

The new expansion project, which will begin later this year, will see the introduction of 60 new shopping and dining options.

UAE Named 12th Most Competitive Nation Globally, Qatar Falls Three Ranks

The UAE was named the most competitive country in the Middle East and North Africa region while Qatar and Saudi Arabia fell in their rankings, a report from the World Economic Forum shows.

Saudi August Non-Oil Business Growth Fastest Since July 2011

The seasonally adjusted SABB HSBC Saudi Arabia Purchasing Managers Index rose to 60.7 points last month – the highest level since July 2011.

UAE Business Activity Growth Hits Record High In August

The HSBC UAE Purchasing Managers’ Index climbed to 58.4 points in August from 58.0 in July and the highest since the series began in August 2009.

Abu Dhabi’s Waha Capital In $575m Hedging Deal On Half Of AerCap Stake

Waha Capital will use the money from the deal to repay debt and fund new investments, the company said in a statement.

Dubai’s Emaar Says Shareholders As of Sept. 10 To Have Priority In Unit IPO

Emaar plans to float at least 15 per cent of its shopping malls and retailing unit on Dubai’s main stock market and will list the shares in October.

Celebrity Hacking Clouds Apple’s Upcoming Product Launch

In the wake of a security breach, cybersecurity experts and mobile developers have called out inadequacies in Apple’s and, more generally, cloud-services security.

Islamic State Issues Video Of Beheading Of US Hostage

Steven Sotloff, a 31-year-old freelance journalist from Florida, was kidnapped in Syria in August 2013 and is believed to have been beheaded by Islamic State militants.

Alitalia, Etihad Deal Likely To Be Cleared By End Of Year

Etihad clinched a deal last month to buy 49 per cent of lossmaking Alitalia for 1.76 billion euros.

Siemens Hands Over Shuweihat S3 Power Plant In Abu Dhabi

The Shuweihat S3 power plant has an installed electrical capacity of 1,600 megawatts, and will be operated by Shuweihat Asia O&M Company (SAOM).

FIFA To Discuss Dates For 2022 Qatar World Cup On Sept 8

Officials from football associations worldwide will debate on whether to shift the tournament from the summer months.

The UAE Should Publish More Data Online – UN Expert

The UAE needs to make more public information available online to improve its ranking on the UN e-government survey, an official said.

Saudi Arabia Detains 88 People For Plotting “Terrorist” Attacks – Al Arabiya

The ministry said the suspects had been monitored for months before their arrest.

Saudi Pipeline Set Alight After Shots Fired At Security Patrol

The fire has been extinguished and there was no impact on oil or gas production, a security source said.

Gold Hits New Low As Equities, Dollar Strengthen

The metal has been underpinned by worries over the stand-off between Russia and the West over Ukraine and persistent unrest in the Middle East.

Attack On Army Convoy Kills 11 In Egypt’s Sinai

Militants in the Sinai have stepped up attacks on policemen and soldiers since ex-army chief Abdel Fattah al-Sisi became president.

Exclusive: Emirates NBD Planning To Expand Saudi Operations – CEO

The bank, which currently has one branch in the Kingdom, is looking to grow operations across the country.

Top 10 Most Influential UAE Brands On LinkedIn

Etihad Airways tops the list of UAE brands found have the most engagement with professionals on LinkedIn.

Dubai Islamic Bank Rules Out Controlling Stake In Indonesian Lender

DIB plans to increase its stake in Bank Panin Syariah to 40 per cent from the current 25 per cent, its CEO said.

ADIB Completes Sale Of Barclays’ UAE Retail Banking Business

Following the transition, ADIB will serve over 700,000 customers across a network of 85 branches, 660 ATMs, internet and mobile platforms.

Saudi Court Jails 17 For Seeking To Fight In Iraq

The official Saudi Press Agency reported that the 17 were sentenced to terms of imprisonment ranging from 2-1/2 years to 26 years.

Iran Agrees On Gas Export Volume With Oman

Oman first agreed to buy gas from Iran in 2005, but price disagreements and Western sanctions that have stunted Iranian energy projects prevented any real progress.

Britain Unveils Powers To Strip Suspected Islamist Fighters Of Passports

British Prime Minister said the government would consult on a discretionary power to prevent Britons from returning home if they have pledged allegiance to extremist causes.

Emirates Executive Says Airline Is Not Interested In Qantas Investment

An investment in Qantas does is not in line with the airline’s strategy, Emirates’ COO Thierry Antinori said.

Viva Kuwait Chairman Says Telco Aims To List By Year-End

The company, which completed an initial public offer of shares in 2008, did not explain the delay in listing.

Saudi Central Bank Says May Cap Consumer Lending, Limits Fees

The change in rules could dent profit growth at banks, especially those that rely heavily on retail activity.