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High-Profile Islamic Finance Firm Dar Al Istithmar Closes

Most of its staff moved to Khalij Islamic, another investment firm with offices in London and Dubai, says sources.

Qatar Puts Hold On £3bn Chelsea Barracks Plan

The UK economy has given the Gulf state reasons to be concerned about the development.

Dubai’s Just Falafel Plans 20 New UK Stores In 2013

The company has launched it’s first store outside the Middle East in London.

Britain’s BAE Wins $4.1bn Omani Contract

Under the deal, BAE will deliver 12 Typhoon and eight Hawk aircraft to Oman’s armed forces starting in 2017.

Islamic Bank Of Britain Takeover Deadline Extended

Qatar’s Masraf Al Rayan will have until the new year to decide on a proposed takeover of the lender.

Manchester City Halve Losses After Title Win

The Abu Dhabi-funded club reports record revenue as Etihad-influenced commercial revenue doubles.

BP Allowed To Bid In Abu Dhabi Oil Concession

The British oil company was originally excluded from the process after not receiving a qualifying letter.

HSBC Slapped With $1.9 Billion Fine

HSBC Holdings will pay the biggest fine in banking history after violating US rules aimed at preventing money laundering.

Emirates’ London Heathrow Flights All A380

Combined with daily Manchester A380 services, the world’s largest A380 carrier will be sending 360 flights to and from the UK each month

TAQA Buys BP’s UK Assets Worth $1.3bn

The deal comes weeks after British Prime Minister David Cameron’s visit to the UAE.

Aston Martin In Quick Mahindra Deal

The British maker of James Bond’s cars could be Indian-owned by the end of the week.

Emirates, Arsenal Sign $240m Partnership

The deal grants the Dubai-based airline a five-year extension to its shirt partnership with the football club.

GFH Capital Signs Leeds United Takeover

The Dubai-based firm has become 100 per cent shareholders of the English football club.

Apple To Pay Samsung’s Court Fees After Poor Apology

A UK judge orders the Californian giant to cover its rivals costs after it fails to obey court order.

Marks & Spencer’s Middle East Expansion

The giant British retailer is opening a new store in Jordan before the end of the year.

British PM Cameron Meets KSA’s King Abdullah

The two leaders discussed regional and international developments, Palestine and the situation in Syria.

UAE And UK Plan Defence Partnership Around Typhoon

Prime Minister David Cameron’s visit to the country comes to an end as both parties discuss a strategic air defence relationship.

UK Prime Minister Cameron Visits The Gulf

David Cameron will visit the UAE, Saudi Arabia and another Middle Eastern country as he aims to secure orders for fighter jets.

Barclays Hit By Fresh US Investigations

The US Federal Energy Regulatory Commission may seek a $435 million civil penalty and roughly $35 million in disgorgement from the lender.

Qatar Airways CEO – UK Needs Airport Capacity To Avoid Catastrophe

Akbar Al Baker said London’s Heathrow airport has already reached a “critical point.”

Cityscape: IP Global To Open New Middle Eastern Offices

The property investment firm is eyeing offices in Oman and Qatar after the region accounts for 18 per cent of London’s purchases.

Olympics Restores London’s Smile

After a difficult few years and low public morale, the greatest show on earth has returned London to its pinnacle status.

British Retailers Eye Middle East For Expansion

The MENA region ranks fifth most popular destination for international expansion, with UAE most popular country.

Barclays Appoints Jenkins To Fill Diamond’s Shoes

The banking group appoints a new chief executive to repair its damaged reputation following the Libor scandal.

Qatar-Barclays Payments Face Fraud Probe

Fees from Qatar Investment Authority paid to the British bank are being scrutinised by the UK’s Serious Fraud Office.

Arab Bank chairman quits over CEO dispute

Abdel Shoman, chairman of Jordan-based Arab Bank, reportedly resigned after a disagreement with key shareholders.

Standard Chartered May Lose NY Licence Over Iran Ties

New York’s top bank regulator has accused the UK-based bank of hiding $250 billion in transactions tied to Iran.

Qataris Buy Stake In London Developer

The group, with links to the royal family, has bought a 45 per cent stake in Native Land which operates in London’s wealthy Chelsea.

Man City’s Rich Rise To Glory

Abu Dhabi shelled out close to $1 billion on Manchester City’s Barclays Premier League title, writes Neil Churchill