Kuwaiti Faces Guantanamo Transfer Hearing After Security Assurances

Fouzi Khalid Abdullah al-Awda, 37, may have fought alongside al Qaeda and Taliban, according to a U.S. Defense Department prisoner profile.

UAE Gains Three Slots In Global FDI Confidence Index

A strategic location, well-developed infrastructure, and a large talent base has positioned the UAE favourably among investors.

Midday Work Ban For UAE Workers To Begin On June 15

Firms found to be flouting the three-month long midday work ban will be fined Dhs15,000, the labour ministry said in a statement.

Landmark To Open 50 New UAE Stores By End-2015, To Hire 2,500

A bulk of the new openings will be in Abu Dhabi’s Yas Mall, with stores also planned for Sharjah.

Saudi’s Shoura Council Seeks Probe Into Haramain Rail Project Delays

The project is now also costlier by $2 billion, according to the Saudi government.

Oman’s Raysut Cement Appoints New CEO

The Sultanate’s largest cement firm by market value has appointed Salem Alawi Mohammed Baabood as chief executive.

UAE’s Dana Gas Says Won’t Comment On Rumours That Drove Up Stock

Shares in Dana Gas shot up on Tuesday, hitting a four-month intraday high, on speculation the firm had won an arbitration case aimed at recovering money owed to it abroad.

Saudi Airman Convicted In Rape Of Boy In Las Vegas Seeks New Trial

Prosecutors say the official, who was visiting Las Vegas while temporarily stationed at Lackland Air Force Base in Texas, lured the boy to a room and sexually assaulted him.

Saudi King Invites Countries To Attend Donor Conference For Egypt

The monarch said any country that did not contribute to Egypt’s future despite having the ability to do so would “have no future place among us”.

Saudi MERS Data Review Shows Big Jump In Number Of Deaths

The sharp increase in deaths now attributed to MERS means the mortality rate from the virus in Saudi Arabia is now 41 per cent, instead of the 33 per cent previously thought.

Facebook Acquires Mobile Data Plan Firm Pryte

Pryte’s service seeks to make it easier for consumers without wireless data plans to use online services by selling short-term passes.

Demand For Middle East Carriers Soars – IATA Report

Middle East carriers saw an 18.6 per cent increase in passenger demand in April, which is the strongest growth for any region.

Qatar Allowing Freed Taliban Men To Move Freely In Country -Gulf official

Five Afghan Taliban prisoners were freed in exchange for a US soldier.

UAE Ranks As Most Popular Destination For Migrating Professionals – LinkedIn

India, the UK and Pakistan were the top three countries from where professionals moved to the UAE, a LinkedIn study found.

Sony Xperia T3 Smartphone To Launch In UAE In July, Priced Dhs1799

Billed as being ‘ultra-slim’, Sony’s next generation Xperia comes in a stainless steel frame and weighs 148gms.

Abu Dhabi Economy Grows 5.2% In 2013, Slower Than Expected

The contribution of the hydrocarbon sector edged down to 51.4 per cent in 2013 from 52.4 per cent in 2012.

Emirates To Start A380 Frankfurt Services

One of the airline’s three daily services to be upgraded to A380s from September, complementing double-decker A380 flights into Munich

Dubai Police Adds Luxury Motorcycle To Fleet

A Can Am Spyder joins the police’s fleet of luxury supercars.

Barclays Cuts Several Hundred Investment Bank Jobs

The cuts will mostly be in the fixed income, currencies and commodities (FICC) trading and markets businesses, according to sources.

Apple Allows ‘Approved’ Virtual Currencies In Apps

The company did not provide details on the approved virtual currencies.

Cooling Firm Tabreed Wins $1.6bn Contract From UAE Armed Forces

Tabreed’s first district cooling plant was commissioned by the UAE armed forces in 1998.

Abu Dhabi’s TDIC Secures Financing To Repay $2bn Bonds In 2014

TDIC is building iconic museums such as the Louvre and Guggenheim in Abu Dhabi.

Saudi Business Activity Growth Slows In May

While output growth continued to accelerate, growth in new orders dropped sharply.

Drake & Scull Engineering Awarded Two Deals Worth Dhs259m

The deals were awarded by a consortium consisting of UAE contractors Arabtec, CCC and Drake & Scull Construction.

Dubai’s Tourism Authority Starts Process To Issue Holiday Homes Licenses

The first phase of applications is restricted to entities that intend to operate a portfolio of at least 20 properties in Dubai.

PineBridge Investments Raises $140m For GCC Real Estate Fund

The fund will acquire existing real estate assets, with a focus on the logistics, social infrastructure and community retail sectors.

Qatar Image Would Suffer More Than Economy If World Cup Lost

Qatar is wealthy enough to handle such economic dislocation without long-term damage, analysts say.

Top Egyptian TV Comic Says Show Pulled Off Air

Bassem Youssef’s show was alleged to have made fun of the recently concluded presidential elections in Egypt.

Abu Dhabi’s TDIC Narrows 2013 Loss On Higher Revenues

The company made a net loss of Dhs1.13 billion ($307.7 million) in 2013 compared to a loss of Dhs2.15 billion in the prior year.

Park Hyatt Vienna Set To Open

Hyatt’s first hotel in Austria is located in a 100-year-old building on the Am Hof square