Etisalat Registers 95% Of SIM Cards In The UAE

The deadline for all SIM registrations will end on July 16, 2014, the UAE telecom operator said.

Sharjah Plans Debut Sukuk -Bankers

The sovereign is rumoured to have appointed banks to manage the transaction and could launch the deal as early as September, the bankers said.

Qatar National Bank Q2 Net Profit Edges Up, Beats Estimates

The bank made a net profit of QAR2.7 billion ($741.7 million) in the second quarter of 2014.

IFC To Inject Up to $100m In Saudi’s ACWA Power For Renewable Energy

The investment will focus on expanding the amount of power generated in the Middle East and North Africa through green methods.

Etihad Sees 22% Rise in Passenger Traffic In First Half Of 2014

The Abu Dhabi airline carried 6.7 million passengers during the first six months of the year.

Dubai’s Emaar Properties Faces Market Oversupply Risks – Moody’s

Emaar has launched many new residential projects this year and is also expanding its flagship Dubai Mall.

Flydubai Partners With Microsoft To Launch App For Passenger Check-In

Through the use of the app, check-in time will be reduced to two minutes per passenger, the airline said.

India, UAE Discuss Strategic Oil Storage Lease – Sources

ADNOC is reportedly planning to take up to two million tonnes capacity in India.

Sony Launches Dual SIM Xperia C3, Priced Dhs1,199 In The UAE

Billed as being the ‘world’s best selfie smartphone,’ the C3 will be released in the UAE at the end of August.

Al Jaber Signs MoU With Etihad Rail

As per the deal, by 2019, Al Jaber will be able to utilise rail transport for its logistics operations.

Dubai’s Limitless Receives Approval For Vietnam Project

The certificate allows Limitless to legally move forward with the Halong Star project in Vietnam.

DMCC Sees 30% Growth in Member Companies In First Half Of 2014

The free zone registered 1,027 companies in the first six months of 2014.

Ascott Expands In Saudi Arabia

Operator foresees residence demand boom on back of Kingdom’s FDI growth

Mortars Land In Saudi Arabia Near Iraq Border

Authorities were investigating where the rockets were fired from

Etihad Seals Codeshare With Brazilian Airline Gol

Deal provides Abu Dhabi carrier with access to Gol’s domestic network as well 14 destinations across Latin America

Kuwait’s CBK Gets Approval To Raise Up To KD120m Via Bonds

Commercial Bank of Kuwait is in the process of being converted into a full-fledged Islamic bank.

Stock News: Saudi Arabia Positive, Dubai May Consolidate

The main index in Saudi Arabia rose 0.4 per cent on Monday and closed at 9,790 points.

Bahrain Orders Visiting US Official To Leave The Country

U.S. Assistant Secretary of State for Democracy, Human Rights and Labour, Tomasz Malinowski, was accused of “intervening” in Bahrain’s internal affairs.

Five Minutes With… Paolo De Renzis, Commercial Manager, ME, BA

British Airways’ area commercial manager, Paolo De Renzis, discusses the airline’s operations in the Middle East and reveals some details about its new 787 First Class cabin.

Saudi Jails Four For Planning To Fight In Iraq, Supporting Al Qaeda

The four, one of whom was sentenced in absentia, were given prison sentences of two years to five years and six months.

Dubai’s Rents Rise Significantly In Q2, 2014 – Asteco

Jumeirah Beach Residence saw the highest increase in rent prices at 10 per cent quarter-on-quarter, according to a report by Asteco.

Shell Shelves Saudi Gas Development Project

Shell did not give a reason for the decision to end investments in the project, which is located in the Kidan area.

Kuwait Court Frees Prominent Opposition Figure On Bail – Lawyer

The court ordered Musallam al-Barrak to be freed on payment of a KD5,000 bail and delayed his case until September.

Agthia To Distribute Monster Energy Drinks In The UAE

Agthia also distributes Al Ain Water, Ice Crystal Water, Capri Sun kid’s juice drink and natural spring bottled water Alpin in the country.

Dubai’s DMCC Considers New Agricultural Contracts, Delays Spot Gold

The delay in launching the spot contract was due to not being able to link all the participants, DMCC chief said.

Senior Iraqi Army Commander Killed In Battle

The official was killed “when mortar rounds fell” in the Ibrahim Bin Ali area, a military spokesman said.

Dubai’s ENOC Receives Nod For 40 Fuel Stations In Saudi Arabia

ENOC is one of the three companies that won the qualification certification to open more outlets in Saudi Arabia.

UAE Regulator Says To Tighten Stock Market Supervision After Arabtec

The SCA said it would also set up a technical committee with the central bank and the exchanges to prevent any manipulation of stock prices.

Abu Dhabi Crown Prince Says UAE President Healthy, Dismisses Rumours

Sheikh Mohamed Bin Zayed dismissed news on social media sites about UAE President Sheikh Khalifa’s health as being “mere rumours”.

Drake & Scull’s German Unit Secures Dhs103m Contract In India

Drake & Scull subsidiary Passavant Energy & Environment will construct and operate two wastewater treatment plants in the North Indian state of Punjab.