Dubai’s House Prices Up 20% Y-O-Y In Q2 2014

The growth in house prices however slowed to three per cent quarter-on-quarter in Q2.

Google Launches 360-Degree Views Of Egypt’s Pyramids, Says Received Govt Support

Users of Street View on Google Maps can explore the Pyramids and five other landmark sites in Egypt.

Stock News: Dubai Investors Cash Out For Emaar Malls IPO

The company plans to float its unit Emaar Malls Group (EMG) this month and subscriptions for the shares will open on Sept. 14.

Emirates NBD Sets Guidance On Tier 1 Bond; Orders Top $1bn

The offer is rated Baa1 by Moody’s and A-plus by Fitch, and is expected to price on Wednesday.

Kuwait Energy, Dragon Oil Find Oil In Iraq

They were able to flow around 2,000 barrels of oil per day from the Faihaa-1 well in the Mishrif formation, they said.

Saudi’s Itqan Capital To Boost Islamic Finance Business

Itqan currently manages four sharia-compliant funds: a money market fund and three real estate funds.

Jumeirah Group To Relaunch VENU Hotel Brand

Dubai-based hotelier says it is in talks with developer Meraas to operate the first VENU hotel in the Bluewaters Island development.

Apple To Charge Banks In New Payment System – Bloomberg

Apple’s new iPhones come equipped with a new mobile payments service, which launches in the United States next month.

Abu Dhabi’s TAQA Says CFO Kersley Resigns

Stephen Kersley has resigned and Ryan Wong will take over as acting head of finance effective October 1, the company said.

Qatar To Launch Venture Share Market Early Next Year

Ten SMEs have applied to list on the new market and five of them have so far fulfilled the requirements, according to a report.

Etisalat To Launch iPhone 6, iPhone 6 Plus On September 26 In UAE

The new devices were described by Apple CEO Tim Cook as the company’s “best phones ever made.”

FIFA 2022 World Cup: Qatar Confident Of Being Cleared In Ethics Committee Report

New York lawyer Michael Garcia delivered his report last week to FIFA’s Ethics adjudicatory chamber, who will decide on the consequences in about a month.

Saudi’s Algosaibi Says Creditors’ Steering Committee Formed

The family group, which collapsed during the financial crisis, said in May that it had direct liabilities to financial institutions worth around $6 billion.

Kuwait Says Plans For Refinery Capacity Boost On Track

Tenders to build Kuwait’s fourth refinery, al-Zour, have been extended after delays and political opposition in the past.

Apple Unveils The Watch, Larger iPhones At Star-Studded Event

It’s the first new product to be developed and introduced under Chief Executive Officer Tim Cook’s reign.

Apple Launches Two iPhone 6 Models, Says “Best Phones Ever Made”

The iPhone 6 runs on iOS 8 and includes a new mobile wallet system called Apple Pay.

Kuwait’s Global Investment House Seeks To Relist In Kuwait -CEO

Global Investment House’s chief executive Maha Al Ghoneim said the company was now “debt-free” following its debt restructuring last year.

MAF Launches Angry Birds Branded Prepaid Card In The UAE

Majid Al Futtaim Finance has partnered with Rovio Entertainment, which owns the Angry Birds brand, to create the prepaid card for UAE customers.

Saudi Arabia To Host Talks With US, Regional Allies On Thursday

The meeting will address the issue of terrorism and the rise of extremist organisations in the region.

Dubai Airport To See 45 Aircraft Arrivals An Hour By 2016

The revamped runways at Dubai International Airport are equipped with better technology that will help push up the number of arrivals an hour, an official said.

Kuwait Woos Foreign Investors By Suspending Offset Scheme

The programme required foreign winners of big government contracts to invest in the local economy.

Review: Xbox One

The latest console launched by Microsoft is more than simply a gaming platform.

Oil Still Accounts For 90% Of Saudi’s Total Revenues – Report

The UAE, specifically Dubai, has been exemplary in diversifying revenue streams, stated a report by Alkhabeer Capital.

Emirates NBD Sets Initial Price Thoughts On Tier 1 Perpetual Bond

The U.S. dollar transaction, will be of benchmark size – traditionally understood to mean worth upwards of $500 million.

Abu Dhabi Commercial Bank Picks 4 Banks For 5-Year Bond

The U.S. dollar bond will be issued through a special purpose vehicle incorporated in the Cayman Islands.

Stock News: Qatar’s GIS Jumps On Qatar Petroleum Contract

A unit of Gulf International Services (GIS) signed contracts worth $1.4 billion to supply drilling rig services to Qatar Petroleum.

Emaar Launches Residential Project, BLVD Heights, In Downtown Dubai

The project features two residential towers connected by a podium and includes 280 units.

Saudi Arabia Selects All-Male Team For Asian Games In South Korea

Saudi officials said they would send female athletes to the next Olympics, but that they were not yet competitive enough for Asian Games.

Saudi’s Advanced Petrochemical Seeks Shareholder Nod For Sukuk

The firm will hold a general meeting on Sept. 15, it said without specifying the possible size of the issue.

Basic Challenges Such As Mediocre Battery Life Plague Apple’s iPhone

Aside from improving battery life, Apple should create more options for media file sharing, says a tech enthusiast.