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EU Urges Diplomatic Efforts On Syria, “No Military Solution”

EU foreign ministers meet in Vilnius on Friday and Saturday to discuss the situation in Syria.

Inefficient Oil Plants Can Lead To ME Energy Crunch

Use of natural gas to generate electricity will help reduce CO2 emissions.

Egypt’s Interior Minister Survives Bomb Attack

Security officials said at least two people had been killed and at least 10 wounded in the attack.

U.S. Senate Panel Passes Authorization For Military Force In Syria

Barack Obama is asking Congress to back his call for limited U.S. strikes on Syria to punish President Bashar al-Assad.

Youth Unemployment Costs Arab Countries $40bn Annually

Vocational training should be encouraged to address employment and reduce the skills gap in the Arab countries, says expert.

Egypt Says Ready To Repay $2bn Qatari Loan In Days If Necessary

The funds were supposed to be converted into three-year bonds.

Obama Wins Backing For Syria Strike From Key Figures In Congress

Leaders of the U.S. Senate Foreign Relations Committee said they reached an agreement on a draft authorization for the use of military force in Syria.

Egypt’s El Sewedy Q2 Net Income Up 159%

Revenue increased by 12 per cent to 4.1 billion pounds, of which El Sewedy’s wire and cable segment accounted for 3.1 billion.

US Fuels Tension By Deploying Warships Near Syria – Russia

Five U.S. destroyers and an amphibious ship are in the Mediterranean.

Franklin Templeton Launches New GCC Bond Fund

The new fund will provide investors access to the GCC’s growing bond market.

USS Nimitz Carrier Group Sails Into Red Sea

Barack Obama on Saturday backed off imminent strikes by the destroyers off the coast of Syria until Congress had time to vote its approval.

Why The GCC Needs New Skills Formation Systems – Now

Wes Schwalje, chief operating officer at Tahseen Consulting, says swift action must be taken to create sustainable jobs and develop the region into a truly global knowledge economy.

Syria Asks The United Nations To Stop US Strike

The US accuses the Syrian government of killing over 1,400 people in a chemical gas attack.

Arab States Urge Action Against Syrian Government

The League of foreign ministers also said those responsible for the chemical gas attack should face trial.

GM Sees Auto Industry Slowing In Turbulent Middle East

The US carmaker expects the industry to continue growing at four to five per cent per year.

Saudi Arabia Says It Backs US Strikes If Syrian People Do

The US is preparing strikes against the Syrian government, blaming it for a chemical gas attack that killed hundreds of civilians.

MasterCard Targets ME Luxury Consumers Through New Campaign

The ‘Priceless Arabia’ programme offers MasterCard holders special offers on luxurious products and services across the MENA region.

Leader Of Egypt’s Brotherhood In Good Health In Jail – Ministry

Reports claimed Mohamed Badie had died from a heart attack in prison.

Brazil’s Exports To The Middle East Hit $6.5bn In H1 2013

Saudi Arabia was Brazil’s top trading partner in the Middle East during the first half of the year.

Bahrain, Kuwait Warn Citizens Against Travel To Lebanon

A security source in Lebanon said 14,000 people had left the country on Thursday alone, mostly Europeans.

Obama Delays Strike Against Syria To Seek Congress Approval

A chemical weapons attack that U.S. officials say killed 1,429 people, was allegedly carried out by the Syrian government.

An Arab Buys Your Football Club – Good Or Bad?

Does the sudden input of wealth from the Middle East region guarantee success? Recent history would suggest the results are mixed.

Apple Named Top Tablet Producer In ME, Africa

Tablet shipments during the second quarter of this year exceeded PC shipments owing to increased android device users, IDC said.

Brent Oil Hits Six-Month High As West Readies Syria Strike

The US and its allies are readying for air strikes against Syrian President Bashar al-Assad.

Wooing The Wealthy – StanChart’s Head Of Private Banking, EMEASA

Stephen Evans, SCB’s head of private banking for Europe, Middle East, Africa and South Asia, reveals why Dubai is set to become a global private banking hub.

Kuwait Energy Makes New Oil Discovery In Egypt

The company found the reserves at the El Salmiya-2 well in Egypt’s Western Desert.

ME Buyers Are Top Investors In European Property Market

Middle East investors have been shown a strong interest in London’s office spaces, says report.

Gulf Markets Rebound As Margin Selling Eases

Dubai’s index was down as much as 7.5 per cent in the morning on concerns of a possible escalation of Syria’s civil war.

MENASA Region Has $10tn Untapped Business Potential

The Middle East has around 62 per cent of investment opportunities in the region, Frost & Sullivan whitepaper estimates.

Dubai Stock Market Plummets 6% In 15 Minutes

The DFM crashes for a second day in a row as a U.S. strike on Syria looks more likely.