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Taiwan’s Advantech expects ME business to grow 30% ahead of Expo 2020

The tech company is planning to open an office in Dubai next year to tap into regional opportunities

Qatar Airways, flydubai reject reports of interest in India’s SpiceJet

Qatar Airways said the only airline it is talking to regarding a stake purchase is low-cost carrier Indigo

Dubai’s Emaar says committed to India, still part of MGF joint venture

Media reports in India quoted sources as saying Emaar was close to ending its decade-old joint venture with MGF Developments

Emirates operates one-off A380 to Taiwan

Emirates is the first airline to land the A380 at Taiwan Taoyuan International Airport

Qantas becomes first airline to offer virtual reality headsets

The VR technology offers first class customers interactive content

Oil prices fall as China share crisis worsens

China’s stocks tanked further on Wednesday in a deepening crisis as over 500 Chinese-listed firms suspended trading

Philippines confirms second MERS case in man who arrived from Dubai

The 36-year-old was admitted to hospital on Saturday and is under observation

Saudi Aramco lowers August Arab Light crude price to Asia

The Saudi state oil company has lowered the August price for its Arab Light grade for Asian customers by 10 cents a barrel versus July

Saudi’s SABIC unit, South Korea’s SK form polyethylene project

Total investment will be about $640m for the technology and plant construction

Saudi Arabia loses spot as top crude supplier to India, China in May

The kingdom fell behind Nigeria for Indian supplies and lost out to Russia and Angola for crude supplies to China

Etihad says not in talks to raise stake in India’s Jet

Etihad bought a stake in Jet two years ago giving it a foothold in India’s fast-growing aviation industry

Etihad starts daily flights to Hong Kong

The new service will offer a total of 3,620 seats per week between Hong Kong and Abu Dhabi

Oil prices fall as OPEC keeps production high

OPEC agreed on Friday to stick to its policy of not limiting its output, which currently stands above 30 million barrels per day.

Etihad starts A380 services to Sydney

The A380 will now operate one of the airline’s two daily services between Sydney and Abu Dhabi.

Video: Lenovo’s new laser projector smartphone concept

The laser projector extension enables the screen of a device to be projected onto a surface.

QEWC, Mitsubishi to build Qatar’s biggest-ever power, water plant

The $3.2 billion plant at Umm Al Houl, 20 kms south of Doha, will provide 2,520MW of electricity and 136.5 million gallons per day of water.

Japan’s Mitsubishi, Tepco win $2.5bn Qatar gas plant bid

The 2.4 GW plant, located 20km south of Doha, is scheduled to begin operations in 2017.

Saudi Arabia, partners turn down Chinese requests for extra oil

Research found Saudi Arabia’s share of Chinese crude imports dropped to just over 30 per cent in May from 36.5 per cent in April.

ICBC Middle East plans benchmark dollar bond issue

It would be the first bond issue by ICBC through its DIFC branch, underlining the bank’s growing business in the Middle East.

Alibaba’s Cloud Computing Unit To Establish Base In Dubai

Alibaba’s subsidiary Aliyun will set up a venture with Dubai-based Meraas.

Japan’s Cosmo Oil, Spanish Firm Cepsa In Talks For New Abu Dhabi Oilfield Stake

Abu Dhabi’s International Petroleum Investment (IPIC) owns all of Cepsa and is the biggest shareholder in Cosmo.

Fresh Earthquake Kills Scores In Nepal And India

Atleast 66 have been killed by the 7.3 magnitude quake, which was centred close to Nepal’s border with Tibet.

China Overtakes US To Become World’s Top Crude Oil Buyer

China’s crude oil imports hit a record of almost 7.4 million barrels a day last month.

Abu Dhabi Sovereign Wealth Fund To Buy HK Hotels In $2.4bn Deal

A JV formed by New World and ADIA will buy stakes in three Hong Kong hotels.

Huawei Releases New Honor Budget Smartphone, To Be Sold Online

The Honor 4C phone has a 5-inch display and starts at 799 yuan ($129).

Saudi Arabia Ready To Supply Any Additional China Oil Demand

Saudi Arabia’s Oil Minister Ali al-Naimi reiterated that the Kingdom intends to remain the world’s number one oil supplier.

India Seeks First Cut In LNG Imports Under Qatar Deal

New Delhi plans to use a 10 per cent reduction permissible under a 25-year contract with Qatar’s RasGas.

Japan’s Inpex In Talks To Obtain New Abu Dhabi Concession

Inpex was one of 11 firms that bid for stakes in the concession covering Abu Dhabi’s 15 principal onshore fields.

Samsung Hints At New Smartwatch On Apple Watch Launch Day

Samsung has launched six smartwatches since 2013.

Speculation Over Saudi-India Oil Deal As Talks Drag On

Saudi Aramco and India’s Reliance Industries have not yet concluded a term contract to import diesel and gasoline.