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UAE To Award Infrastructure Projects Worth $15.18bn In 2014

Infrastructure project awards across the GCC are forecast to exceed $86 billion in 2014, up 77.8 per cent over 2013, a new report says.

Emirates To Suspend Flights To Iraqi City Of Erbil From August 12

The Dubai-based airline said it will continue to operate flights to Basra and Baghdad.

IATA Says Risks From Ebola, Gaza And Russia Could Dampen Air Travel Demand

The Ebola outbreak in West Africa, that has killed 932 people so far, could be one of the biggest challenges this year for some airlines, said IATA.

Cost Of Gaza Truce “Almost Too Much To Bear” – UN Chief

Gaza officials say the war has killed 1,867 Palestinians, most of them civilians.

Egypt Upholds Death Sentence For 12 For Murder Of Policeman -Sources

The men were charged in connection with violence that erupted when police stormed the town of Kerdasa near Cairo in September.

Saudi Arabia Provides $1bn Aid To Lebanon’s Army

Lebanon has been buffeted by violence linked to the Syrian conflict, including rocket attacks, suicide bombings and gun battles.

Etisalat Says Egyptian Unit Considering IPO

Etisalat Misr is planning a $500 million share sale on the Egyptian stock exchange, according to reports.

UK Minister Sayeeda Warsi Quits Over ‘Morally Indefensible’ Gaza Policy

Gaza officials say the war has killed 1,865 Palestinians, most of them civilians.

UAE-Based Time Hotels Inks Deal To Manage Red Sea Resort In Egypt

The hospitality firm will manage a beach resort comprising of a hotel and residences in the Sahl Haseesh development in Egypt.

Egypt Plans To Dig New Suez Canal

The current Suez Canal brings in around $5 billion of revenues per year.

Israelis, Palestinians Set To Launch 72-Hour Truce In Month-Long War

Gaza officials say the war has killed 1,834 Palestinians, most of them civilians. Israel says 64 of its soldiers and three civilians have been killed.

World Should Impose Middle East Solution – France’s Fabius

Fabius issued the statement after an Israeli air strike killed 10 people and wounded about 30 on Sunday in a U.N.-run school in Gaza.

Israel Declares 7-Hour Gaza Truce

The move followed strong censure from the US at the apparent Israeli shelling on Sunday of a UN-run shelter that killed 10 people.

Flydubai Launches Flights To Iran

The low-cost carrier will fly to Tehran from August 11 and Mashhad from August 10.

Israel Renews Gaza Shelling, 30 Dead

The Palestinian Centre for Human Rights said 520,000 people had been displaced by the fighting.

Saudi King Says Israeli Offensive In Gaza A “War Crime”

Gaza officials say at least 1,499 Palestinians, mostly civilians, have been killed and 7,000 wounded.

Spain Evacuates Embassy In Libya

About 200 people have been killed since clashes erupted two weeks ago between rival militias in Tripoli and Benghazi.

UN Says ‘Enough Is Enough’ After Another Gaza School Attack

At least 16 people were killed and some 100 wounded when an Israeli artillery struck a U.N. school at dawn on Wednesday in Gaza’s biggest refugee camp.

OPEC Oil Output Rises In July On Fragile Libyan Rebound

Supply from the Organization of the Petroleum Exporting Countries has averaged 30.06 million barrels per day (bpd) in July, up from 29.92 million bpd in June, a survey says.

France Says Evacuating Nationals In Libya

The French embassy in Tripoli has temporarily closed, the foreign ministry said, adding that diplomatic activities would continue to be conducted from Paris for now.

Carnage At U.N. School As Israel Pounds Gaza Refugee Camp

The Gaza Health Ministry put the number of dead in the attack at 15 after a local UNRWA official said 19 had been killed.

Three Killed In Car Bomb In Cairo -Egyptian State-Run TV

A police official was quoted as saying that those killed in the blast were likely to have been on their way to carry out a “terrorist operation”.

Middle East Investment In Europe Up 25% In H1 2014

Capital from the Middle East accounted for 13 per cent of the total cross border investment coming into Europe, a new report says

Islamic State Video Wages Psychological War On Iraqi Soldiers

Sunni insurgents, who seized parts of Iraq last month, has released a new video to crush the morale of Iraqi soldiers.

Royal Jordanian Stops Services To Three Routes

The airline has been cutting down the number of routes it operates over the last few years, squeezed by regional unrest and tough market competition.

UN Warns Of Sanctions For Oil Trading With Syria, Iraq Militants

The security council said in a statement that oil trade provides financial support to such “terrorist groups”.

Emirates To Avoid Iraqi Airspace As Violence Rises

Emirates also suspended all its flights to Kiev and none of its planes fly over the Ukraine airspace.

Gaza Residents See No Joy In Eid Holiday

More than 1,000 Palestinians, many of them civilians, have died so far in the fighting.

Brent Slips Near $108 As Mideast Tension Cools On Gaza Lull

Oil prices are expected to stay in a range of $105-$110 for Brent, according to experts.

UN Security Council Calls For Humanitarian Ceasefire In Gaza

Some 1,031 Palestinians, mainly civilians, have been killed in the 20-day conflict, while 43 Israeli solders have died.