Dubai’s Al Maktoum airport to see prep work next year for Emirates’ move

Dubai carrier Emirates plans to move its operations to the new terminal at Dubai South when it completes expansion

UAE firm Network International outsources tech support to Bangalore

New centre aimed at improving “overall efficiency” within organisation

Two killed in bank robbery attack in Saudi Arabia

A gunman stormed into one of the branches of Al Rajhi bank, reportedly to rob the bank, and opened fire on customers and employees

Qatar National Bank Q3 net profit rises 6.1%

The bank reported a net profit of QAR 3.11bn in the third quarter of this year

Dubai Airshow site plans expansion

Dubai Airshow will see 1,100 exhibitors this year, ranging from “first timers to industry stalwarts”, officials said

UAE’s Abraaj partners with Aditya Birla Group to invest in India’s solar power

Both companies will bid for solar power projects that will be tendered at national and state levels, a statement said

Saudi’s Kingdom Holding pays $50m to raise Twitter stake to 0.72%

Kingdom Holding, owned by billionaire Prince Alwaleed bin Talal, originally invested $50m in the tech company in 2011

Smartphone review: Honor 7

Gulf Business gets a sneak peek of Huawei’s new Honor 7 ahead of its regional launch

SABIC chief expects decision on $30bn Saudi project in Q2

Yousef Abdullah Al-Benyan said the economics of the project were being assessed and there was a 50/50 chance it would proceed

Flydubai flight returns to Dubai following glitch in engines

The airline said that it decided to call back the flight after discovering a technical fault with one of its engines

Kuwait says controls gas flaring from disruption at Mina Ahmadi refinery

The refinery, the country’s largest is now operating normally, KNPC said

Government support key for Islamic finance growth in UAE – experts

The UAE has been ranked as having the world’s second most developed Islamic economy ecosystem following Malaysia

UAE arrests man for insulting FNC elections

The public prosecution clarified that the arrest is not in conflict with the freedom of speech in the UAE

Go Sport to open its biggest store worldwide in Mall of the Emirates

The store will feature cycling and running areas and a 10-metre volcano-shaped climbing unit

UAE’s Shah gas project hits full output capacity – official

The multi-billion dollar project has the capacity to produce one billion cubic feet of gas per day

Islamic State kills 22 in attacks on Yemen govt, Gulf troops, mosque

It was the first known direct Islamic State assault on the Yemeni government and the Saudi-led coalition

Citi appoints new CEO for Bahrain business

Usman Ahmed will also head the bank’s Islamic investment banking division

UAE’s Abraaj raises $191m for Mexico investment

The publicly traded certificates will be used to invest in mid-sized Mexican businesses that have strong growth potential

Dubai’s residential rents fall 1%, sales prices also drop in Q3 2015 – JLL

House prices in Dubai continued to fall in the third quarter as regulations, higher inflation and a strong dollar hit investment

Kuwait’s 360 Mall to feature tennis complex, five-star hotel as part of expansion

The tennis complex will have a combined stadium seating for over 7,600 people across two main arenas

Al Noor Hospitals in merger talks with South Africa’s Mediclinic

The potential deal would involve the issue of new Al Noor shares and may be classified as a reverse takeover

UAE bank ADIB has no further capital plans – CEO

The official said the bank would grow by “mid-single-digits” in 2015 and its capital was sufficient for this level

Saudi opposition clerics make sectarian call to jihad in Syria

Riyadh, along with Turkey and other Gulf states, is a main supporter of rebels fighting Syrian President Bashar al-Assad

Saudi Aramco in talks to buy some of China’s CNPC assets -sources

The deal value is currently estimated around $1bn to $1.5bn

India’s SpiceJet launches Dubai flights from Amritsar and Calicut

The low-cost carrier will begin operating the two routes from November 15

UAE power plant JV may issue project bond in 2016

The offering from Emirates SembCorp Water & Power could raise up to $350m

Emirates releases first Jennifer Aniston TV ad as part of $20m campaign

The airline reportedly signed a $5m TV advertising deal with the Hollywood actress earlier this year

Muscat airport expansion plan faces further delay – official

A new passenger terminal is now due to open by the end of 2016, about a year later than the previous estimate

Saudi central bank foreign assets fall 1% in August

Assets shrank 11.2 per cent from a year earlier to their lowest level since February 2013

Dubai’s RTA mulling public private partnerships for Route 2020 project

An extension of the Dubai Metro’s Red Line, the Route 2020 project will connect passengers to the expo site