GCC Firms Embark On A Cautious Investment Spree In Africa

Africa’s fast growing economies have transformed the continent into a booming frontier market, but risk is still a primary concern for GCC investors.

Saudi Arabia Leans On Gulf States To Close Ranks As Region Boils

Regional concerns such as Iran’s impending nuclear deal and growing security threats from the region have helped mitigate the widening rift between GCC members, analysts say.

Soccer: Ex-Juventus Star Vucinic Proving A Goal Machine In Abu Dhabi

Vucinic has made 13 goals in eight league games to lift Al Jazira to second in the table.

Apple To Offer Beats Music Service In iPhone, iPad

Apple bought music streaming and audio equipment company Beats in May for $3 billion.

Egypt Says It Resolves Land Dispute With Dubai’s Al-Futtaim

A government source had previously said the negotiators were considering a payment of around 235 million Egyptian pounds ($33 million).

Muslim, Christian, Jewish Leaders Unite To Condemn IS At Saudi-Backed Conference

Islamic State has caused international alarm by capturing large expanses of Iraq and Syria, declaring a Sunni “caliphate” .

Saudi King Calls On Egypt To Back Gulf Accord

Relations between Cairo and Doha have deteriorated since President Abdel Fattah el-Sisi took charge.

Airbus To Deliver First A350 Jetliner To Qatar Airways By Mid-December

The A350, Airbus’s newest plane and made with a carbon-fiber composite fuselage, is a direct competitor to Boeing’s 787 Dreamliner.

Top 10 Indian Cities For UAE NRI Property Investors

Mumbai tops the list, followed closely by Bangalore, finds new survey.

Almost 60% Of Finance Professionals In ME Expect A Bonus In 2014

The majority of regional financial professionals also expect bonuses to increase when compared to last year, finds survey.

Etihad Starts San Francisco Flights

Abu Dhabi carrier launches fifth US route and now serves two key Californian cities directly

FIFA Ethics Chiefs To Meet On Thursday Over Report On Qatar 2022 World Cup

Hans-Joachim Eckert will meet investigator Michael Garcia to discuss their differences over the probe.

India Urges Higher Pay For Millions Of Gulf Workers

The recommended minimum monthly salary has risen to SAR1,200 in Saudi, and to Dhs1,500 in the UAE.

Iran Oil Minister Slams Producers For Not Cutting Output

Zanganeh did not name the countries but he may have been referring to Saudi Arabia, a dominant force within the Organization of the Petroleum Exporting Countries.

Islamic State Claims It Has Beheaded U.S. Hostage Kassig

The video did not show the beheading but showed a masked man standing with a decapitated head covered in blood lying at his feet.

EU Commission Clears Etihad’s 49% Buy Of Italian Airline Alitalia

To secure approval Etihad and Alitalia agreed to give up airport slots on the Rome-Belgrade route as Alitalia and Air Serbia, are the only carriers offering direct flights on that route.

Houthi Advance Raises Alert For Saudi Border Guards

Sunni Saudi Arabia is alarmed by the Houthis links to Iran and fears they may seek to emulate the king-making role played in Lebanon by its Shi’ite militia Hezbollah.

Almost 70% Of Tech Start-Ups In MENA Struggle For Funding

Start-ups still lack adequate funding options despite the growth of venture capital firms and other alternative forms of funding, a Silicon Oasis survey shows.

Bombs Explode Near Egyptian, UAE Embassies In Libyan Capital

There were no immediate details of whether embassies were the target of the bombs or whether any staff or security guards were in the buildings at the time.

EU To Approve Etihad’s 49% Buy Of Alitalia -Sources

The sources said the EU antitrust authority had accepted the airlines’ offer to give up some airport slots on the Rome-Belgrade route to facilitate rivals.

Iran Oil Minister Meets Kuwait Emir On Weak Oil Prices

Iran’s oil minister Bijan Namdar Zangeneh discussed the developments in the oil market with Kuwait’s emir, the Iranian news agency reported.

OPEC Delegates Start Whispering About Potential Oil Cut

International oil prices have fallen by around 30 per cent since June, as fast-rising U.S. shale production has contributed to growing supplies.

Egypt Considers Tighter Curbs On Media Coverage Of Military

A law in effect for decades already bans reporting on the military without permission, but a text of the new draft leaked to local media would increase curbs and penalties.

Zain Iraq Says To Launch 3G Mobile Services By Jan 2015

Zain and its rival Asiacell had baulked at government demands to pay $307 million for 3G spectrum for seven to eight years remaining on their $1.25 billion mobile licences awarded in 2007.

Iraqi President To Visit Saudi Arabia Amid Hopes Of Diplomatic Thaw

An improvement in ties between Riyadh and Baghdad could help strengthen a regional alliance against Islamic State militants.

Don’t Panic Over Oil Price Drop, Situation Will Fix Itself – OPEC Head

Abdullah al-Badri said both producers and consumers would be happy with oil prices in a broad range around $100 per barrel.

Starwood Partners With Emirates Skywards

Both operators’ premium travellers will now be able to enjoy mutual benefits, earning points and rewards.

Japan Agrees To Extend UAE Crude Storage Deal

The agreement allows UAE easy access to Asian markets while giving Japan priority access to reserves if Japan is in short supply of crude.

Qatar Fund May Up Bid For Canary Wharf Owner Songbird

Songbird rejected an initial approach on Friday, saying the 295-pence a share offer significantly undervalued the company.

Dubai Insulated From Oil Price Slide Due To Economic Diversification – S&P

Dubai’s diversification into sectors such as trade, tourism, real estate will ensure that it enjoys favourable economic conditions.