Kuwait To Ship First Crude To Egypt In October Under Long Term Deal

The deal for two million barrels a month of Kuwaiti crude was signed with the Arab Petroleum Pipeline Co.

Saudi Sipchem Starts Plastics Plant With South Korea’s Hanwha Chemical

The plant, with an annual production capacity of 1,000 tonnes of plastic moulds, cost around $29.3 million to build.

Masdar Buys 35% Stake In British Offshore Wind Farm Project

Masdar bought the stake in a $2.5 billion 402 MW offshore wind project from Norway’s Statoil.

BlackBerry Set To Launch New Smartphone, Passport

The Passport boasts a big square screen and a unique touch-sensitive tactile keyboard.

HSBC Middle East Raises $400m Through Five-Year Bond Sale

The issue, arranged solely by HSBC, priced at a coupon of 2.75 per cent, with a reoffer price of 99.824.

Ebola Cases Could Reach 550,000 To 1.4m By Late Jan

The current death toll is at least 2,811 out of the reported 5,864 cases, according to the WHO.

UAE, Saudi, Bahrain Confirm Role In Strikes Against Islamic State In Syria

A sources said said the Saudis had sent four F-16 fighter jets, the UAE contributed four warplanes, Bahrain two and Qatar a Mirage jet.

Obama Pledges To Fight, Build Coalition Islamic State In Syria

Obama said the strength of the coalition that took part in Tuesday’s air campaign shows the fight against such militants is not America’s alone.

Obama To Address Airstrikes Against Islamic State -White House official

A White House official, speaking on background, said Obama will address the latest strategy to counter Islamic State in Syria.

Apple Sells Record 10m Units Of iPhone 6, iPhone 6 Plus In First Three Days

Last year, Apple sold nine million iPhone 5S and 5C models in 11 countries, including China, in the first weekend.

Saudi And UAE Join US In Launching First Strikes In Syria

The United States has been building a coalition to combat Islamic State, which has seized large areas in Iraq and Syria.

Air France Stalls Transavia Roll Out

Postponement of low-cost roll-out designed to placate pilots amid strike’s mounting costs

Alibaba IPO Breaks Record, Ranks As World’s Biggest At $25bn

The IPO surpassed the global record set by Agricultural Bank of China in 2010 when the bank raised $22.1 billion.

Kurds Issue New Call To Arms Against Islamic State In Syria

The Kurdistan Workers Party renewed a call for the youth of Turkey’s mostly Kurdish southeast to rise up and rush to save the frontier town of Kobani.

Dubai Bourse To Rise on Drake & Scull Contract Win

Stock markets around the world closed nearly flat on Friday but a major source of uncertainty is now gone after Scotland voted ‘No’.

Al Jazeera Countersues Al Gore Over $65m

Al Jazeera bought Current TV for an estimated $500 million in 2013 from Al Gore.

Kuwait Investment Authority To Expand Germany Investments

Kuwait has invested almost $18 billion in Germany.

Saudi Offers Cautious Support To US In Battle Against Islamic State

The Saudi leadership remains mistrustful of U.S. President Barack Obama after a series of disagreements following the Arab Spring.

Assad’s Army Stretched But Still Seen Strong In Syria’s War

Military experts say the Syrian army looks set to remain the strongest player in a war that has killed more than 191,000 people.

Jet Airways Launches Fifth Daily Service Between Dubai And Mumbai

The airline will deploy a Boeing 737-800 aircraft to operate the new service, which will begin from October 14.

Middle East Banks Buy Vast Majority Of Landmark Goldman Sachs Sukuk

Middle East investors bought 87 per cent of the Goldman sukuk, while 11 per cent went to Europe and two per cent to Asian investors, a document from lead arrangers showed.

Emirates To Fly ‘One Off’ A380 To Tehran

Dubai carrier ponders regular double-decker services to Iranian capital

German Chancellor Merkel Sees Closer Energy Cooperation With Qatar

Qatari ruler Sheikh Tamim bin Hamad Al Thani is currently visiting Berlin.

GCC Banks Record Strong Growth Despite Low Interest Rates

Improving asset quality and falling credit losses have offset the downside of lower net interest margins, Standard & Poor said in a report.

New iPhone 6, iPhone 6 Plus Get Rave Reviews, Called “Excellent”, “Beautiful”

Apple launched the new phones on September 9, and they go on sale from September 19 onwards.

Egypt Reaches $8.5bn Funding Goal For Suez Canal Expansion

The Suez Canal project includes the development of 76,000 sq km around the canal into an international industrial and logistics hub.

Islamic State Supporter Warns Of Attacks Against U.S – SITE

The posting on the Minbar Jihadi Media website condemned “intervention in the affairs of other peoples” and said it would trigger an equal response, SITE said.

Iran’s Leader Ayatollah Ali Khamenei Leaves Hospital After Operation

Official media said the 75-year-old Iranian leader was in good health.

Almost 86% Of GCC Firms To Hire Over The Next Three Years

Business confidence has grown in the UAE with more than 45 per cent of the respondents expecting the Expo win to have a positive impact on their growth plans.

Several Arab Countries Offer To Join Air Campaign On Islamic State, Says US

US officials declined to identify which Arab countries made the offers in joining the emerging coalition against the jihadists.