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Middle East

Egypt Impacts Marriott MEA RevPAR

Global operator wrestles with “difficult market” but remains committed to MEA expansion.

Yasser Arafat Was Murdered With Polonium – Widow

A team of experts opened Arafat’s grave in the West Bank city of Ramallah last November to seek evidence of alleged poisoning.

UAE Begins Trial Of Egyptians, Emiratis Over Brotherhood Ties

Twenty Egyptians and 10 Emiratis are charged with setting up an illegal branch of the Muslim Brotherhood in the UAE.

Middle East To Drive Global Energy Demand

The Middle East, along with other rapid growth markets, will provide expansion opportunities for MENA’s oil and gas companies.

Middle East, Asia And Africa Spearhead IHG’s Q3 Growth

The three regions led IHG’s growth in the third quarter with strong performances in the UAE and Saudi Arabia.

GCC’s Oil Gift Gives Egypt New Headaches

Saudi Arabia has become the biggest fuel supplier to Egypt, sending gasoline and gasoil as well as cooking and heating gases like propane and butane.

OPEC Oil Output Hits 2-Year Low In October

OPEC’s supply averaged 29.90 million barrels per day, down from a revised 30.01 million bpd in September.

Morgan Stanley Sees Worst Over For Middle East Banking

The American bank is targeting clients looking for advice on complex transactions that require global expertise

Gulf’s Tech Market “White Open Field” – Dell President

Marius Haas, president of Enterprise Solutions at Dell, spoke exclusively to Gulf Business at Gitex Technology Week 2013.

Gulf Rail Project Construction Plan On Track

If the railway is completed, it could have a major impact on the Gulf economy by stimulating trade and limiting consumption of fuel for road travel.

Arab States Import Brazilian Coffee Worth $117.6m From Jan-Aug

The South American nation exported 46 tonnes of coffee to the Arab region during the first eight months of 2013.

UAE To Help Egypt Build Wheat Silos To Hold 1.5m Tonnes

The silos will form part of the UAE’s recently announced $4.9 billion aid package to Egypt

Emaar Launches $3bn Project In Iraqi Kurdistan

The “Erbil Downtown” project is due to be completed in three stages over a period of around five years

GCC Automotive Aftermarket Worth Billions

The Middle East is one of the world’s fastest-growing markets for automotive products.

UAE Signs $4.9bn Aid Package To Egypt

Over $1 billion of the money pledged will go to supply Egypt with fuel

Deals To Be Done In Turkish Property

From Istanbul to Bodrum, Turkish real estate is not only the most affordable in Europe, it also offers some of the highest returns. Spot Blue’s Julian Walker explains how you can invest.

Egyptian Christians Fear Chaos After Wedding Bloodshed

Dozens of churches have been torched since Mursi’s demise, but attacks in the capital have been rare.

Jaguar Land Rover MENA Reports 38% Sales Rise

The UAE and Saudi Arabia were the top two performing markets in the region.

Dubai Holding Unit Sees Telecom Stake Sales In “Few Months”

Emirates International Telecommunications is seeking to sell its 35 per cent stake in Tunisie Telecom and 26 per cent stake in Axiom Telecom.

BlackBerry Launches BBM For Android, iOS Users

The service will be rolled out in a phased manner to ensure a “smooth” customer experience, said the company.

Cloud Computing In Middle East ‘Here To Stay’

Valerio Romano, managing director of Technology Consulting at Accenture, speaks exclusively to Gulf Business.

Kuwait Gives Egypt 5 Years To Repay $2bn Deposit: Egyptian PM

Egypt’s central bank received the $2 billion deposit from Kuwait on Sept. 26.

LIVE: Updates From Gitex 2013

Gulf Business brings you all the news from the region’s biggest ICT event.

Freed Lebanese, Turkish Hostages Fly Home After Deal

The nine Lebanese hostages were seized by Syrian rebels in May 2012

Tommy Weir: Rise Of The Corporate Generation

Most Middle East workers are among the first members from their family to work in a corporate environment, writes the author of ’10 Tips For Leadership In The Middle East’.

Gulf’s Social Media Usage Transforming Brand Engagement

High levels of internet penetration and social media usage are transforming customer strategies and brand engagement in the Middle East.

Little Comfort For Egypt’s Brotherhood During Sacred Eid

Egyptians connected to the Brotherhood movement were ill inclined to celebrate at a time when leaders are behind bars.

Hope Glimmers For Demoralised Egyptian Tourist Industry

Visitors are gradually returning to Egypt after the worst civil violence in the country’s modern history.

Palestinian President Abbas Invites Pope To Visit Holy Land

Both of Pope Francis’s two immediate predecessors, Benedict and John Paul, visited Holy Land sites in Israel and the Palestinian territories.

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MENA’s Private Equity To Pick Up In 2014

According to a Deloitte survey, confidence among private equity professionals in exits via IPOs has increased.