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What Brexit means for the Gulf

It may not be the next global recession but Brexit cannot be ignored in the region

Saudi/French deals expected during prince’s visit

The prince will meet with senior French leaders including President Francois Hollande

Market volatility to intensify as Brexit vote looms

Expats urged to keep a close eye on their investments as Thursday’s vote approaches

Gulf investors hold back on UK property deals

The country’s looming Brexit vote means many are taking a wait and see approach

Brexit debate comes to Dubai as expats urged to cast their vote

Representatives from both sides laid out their arguments to Dubai’s business community

Qatari firm plans to convert US embassy in London to luxury hotel

Qatari Diar is also undertaking a $2bn rental venture in the UK capital

Liverpool FC in Middle East takeover bid, says report

The famous Premier League football club could be sold for more than $900m

Azerbaijan grants visa on arrival access to GCC citizens

UAE nationals had visa restrictions lifted in November.

UK launches luxury services for UAE visa applicants

New services include platinum lounge and mobile biometric facility

Europe looks to ultra rich migrants to help fund crisis

Can wealthy migrants help solve Europe’s refugee crisis?

UK begins work on first permanent military base in Bahrain

The military base, constructed at a cost of $23m, will be completed next year

Briton arrested for alcohol in Saudi expected to be released

Karl Andree, 74, faced 350 lashes after being caught for producing and possessing wine

Saudi ambassador warns the UK of “repercussions” if mutual respect “breached”

His comments follow Britain’s strong criticism of human rights violations in the kingdom

Germany defends export of tanks to Qatar, says arms will not be used in Yemen

The shipment is controversial because Berlin is seeking to de-escalate tensions in the Middle East

Germany approves Etihad-Air Berlin code shares until Jan 15

Etihad owns 29.2 per cent of loss-making Air Berlin, which is currently working on a new restructuring plan

UAE, Germany plan talks over Air Berlin-Etihad code share

Air Berlin and Etihad are still awaiting approval for this winter’s flight schedule

UK seeks release of Briton facing 350 lashes in Saudi Arabia

Karl Andree, 74, was jailed for 12 months in August last year after being caught with homemade wine in Saudi

Lufthansa launches premium economy on Gulf flights

New lounge earmarked to open at Concourse D and Eurowings gears up for December launch

Dubai developer to build $4.8bn tourist resort in Bosnia

The ‘Buroj Ozone’ project will include thousands of housing units, hotels and the largest shopping centre in Bosnia

UK’s Cameron urges Saudi Arabia not to execute Shi’ite protestor

Ali al-Nimr was handed the death penalty after taking part in demonstrations in Saudi Arabia’s eastern province

Dubai’s dnata acquires 30% stake in Italy’s Airport Handling

Under the agreement, dnata will also have a call option to acquire a further 40 per cent share

Abu Dhabi Financial Group launches Montenegro project

The Capital Plaza occupies over one million square feet of prime retail, business, hospitality and residential space

Lanxess sells 50% in rubber business to Saudi Aramco

Saudi Aramco will buy the stake for around 1.2bn euros in cash

Exclusive: UK subsidiary of Nigeria’s Access Bank to open Dubai office

The bank aims to help facilitate investments from the Gulf region into Africa, primarily Nigeria, says CEO

Qatari developer Katara buys iconic Rome hotel for $251m

As part of the deal, the Westin Excelsior Rome will undergo a complete renovation over the next five years

Swiss authorities helping Oman in oil corruption probe

Swiss authorities are involved because transactions related to the probe involved Swiss financial institutions, a source said

Kuwait to buy Eurofighters in a deal worth up to $9bn

Sources said the 20-year-long deal for 28 Eurofighters would be finalised “in a few weeks”

French thieves pose as Gulf Arab tourists, rob hotel guests

The thieves pretended to have lost their keys in order to gain access to the rooms of wealthy Arab tourists at luxury hotels in Europe

Egypt summons UK ambassador over criticism of Al Jazeera trial

British Ambassador John Casson said that Egypt’s stability should be built on freedom of the press and freedom of expression after the court sentenced the three journalists to prison

Etihad CEO: “Nobody else wanted to invest in Alitalia”

James Hogan says global investment is not a threat but a lifeline for the aviation industry