Flydubai Adds Three New Routes To Central and Eastern Europe

The airline will fly to Bratislava, Sofia and Prague starting from December.

Stock News: Dubai Rebounds In Line With Global Markets

Markets across the region fell on Wednesday as global equities came under pressure from worries about economic growth.

HTC Unveils New Camera ‘RE’ And ‘Selfie’ Phone, HTC Desire Eye

RE comes with a16MP sensor and full HD video recording while the HTC Desire Eye includes 13MP front and rear cameras.

Meraas Adds Mega Retail Unit, Canal To Its Theme Park Project In Dubai

The developer said that it will add an expansive retail offering at Riverpark, the project’s entrance plaza that interconnects the three theme parks.

Etihad Launches New Airline Partnership

Called Etihad Airways Partners, the group initially includes six airlines and aims to provide improved networks and better frequent flyer benefits.

Ebola Patient Dies In Texas; 5 U.S. Airports To Screen For Fever

Liberian national Thomas Eric Duncan died in an isolation ward of a Dallas hospital, 11 days after being admitted on Sept. 28.

IMF Cuts Middle East Growth Forecasts On Global Trends, Unrest

In 2015, growth in the region is expected to accelerate to 3.9 per cent – but that is 0.9 percentage point slower than the IMF’s July forecast.

Dubai Crude Trade Hits Record Volume On Chinaoil Buys

The purchases strengthened the Dubai cash price, flipping it into a small premium against its swap for the first time in two months.

Omniyat Group, Drake & Scull Begin Work On Palm Jumeirah Project

The project is the highest residential development in Palm Jumeirah and is scheduled to be finished by 2017.

Nakheel Posts 47% Net Profit Rise For First Nine Months Of 2014

The developer reported a net profit of Dhs2.6 billion, aided by strong growth in its retail and leasing businesses.

UAE’s Gulf Capital Invests $25m In Egypt’s Amak Petroleum

The investment is expected to help Amak, a firm specialising in providing petroleum services, to fund its growth plans.

Abraaj Group Buys Majority Stake In South Africa’s Libstar

Libstar operates across South Africa through manufacturing, supply and distribution and employs about 4,200 people.

Bahrain Bourse Preparing Islamic Product Range – CEO

The bourse plans to launch a novel equity-based murabaha financing tool and Islamic real estate investment trusts.

Revealed: Top 10 Countries For Expatriates

The UAE is ranked 33 among 61 countries on the list, according to a new global survey of expatriates.

IT Spending By MEA Manufacturers To Grow 40% By 2018

Robust GDP growth, quick adoption of 3D platform technologies and increasing awareness of IT threats is boosting regional IT spend.

Second Holiday Inn Opens In Abu Dhabi

IHG targets mid-market growth with second Holiday Inn in UAE capital

Oman Sets Up Central Sharia Board To Boost Islamic Finance

The central bank appointed five members to its sharia board, which will have direct oversight of Islamic banking institutions.

New Website For Luxury Property Launches In UAE

Luxury SQft will focus on the UAE’s affluent areas and will have only 100 real estate agents promoting their properties.

Drugmaker GlaxoSmithKline Investigating Corruption Allegations In UAE

The company is already investigating alleged bribery in other Middle East countries, including Lebanon, Jordan, Syria and Iraq.

US Regulator FAA To Grant Safety Approval To Airbus A350 Jet By End-Oct

Airbus won European safety approval last week for the A350.

US Vice President Apologises To Saudi Over His Comments On Islamic State

Biden earlier apologised to Turkey and the UAE for saying that regional US allies were partly to blame for the rise of IS in Syria.

Raytheon Eyes Deal With Qatar On Patriot System Before Year-End

Former Raytheon CEO Bill Swanson had said in January that he expected Qatar to finalise an order worth over $2 billion in the first half of 2014.

US-Based Firm Inks Deal With Oman Government To Develop $2.5bn Project

As per the deal, Omagine LLC will design, develop, own and operate a mixed-use project called the Omagine Project in the Sultanate.

Stock News: Emaar Properties Lifts Dubai On Fresh IPO Plans

Shares in Emaar, the market’s second most heavily traded stock on Tuesday, jumped 3.1 per cent to Dhs11.50.

Abu Dhabi’s ADWEA And GDF Suez Close $1.5bn Mirfa IWPP Financing

The Mirfa IWPP was financed through a mix of bank debt and equity from the shareholders, a statement from ADWEA said.

Saudi Billionaire Prince Alwaleed Plans Meeting With Indian PM Modi

Prince Alwaleed said he was “impressed” by Narendra Modi’s speech when he was in the US.

Mubadala Acquires Full Ownership of IT Firm Injazat After Buying HP’s Stake

The Abu Dhabi fund acquired Hewlett-Packard’s 40 per cent stake in Injazat for an undisclosed sum.

Nakheel Says Ibn Battuta Mall Welcomed 313,000 Visitors During Eid

Visitor figures at the mall in Dubai averaged 78,300 per day during the four-day break.

Abu Dhabi’s ADS Securities Eyes Investment Banking, Asset Management

The firm announced it had completed the acquisition of 100 per cent of London-based Pioneer Trader Ltd.

Sony’s Xperia Z3 Dual And Z3 Compact Launched In UAE

Xperia Z3 Dual is priced at Dhs2,999 while Xperia Z3 Compact will cost Dhs2,499.