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

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

Fox Abandons $80bn Time Warner Takeover Bid

Fox’s chairman and CEO Rupert Murdoch cited Time Warner’s board’s refusal to come to the table to discuss a takeover as a reason for the turnabout.

Apple To Hold iPhone-Related Event On September 9 – Report

Analysts and media reports have said Apple may launch two iPhone models with 4.7 and 5.5 inch screens this year.

Turkey’s Erdogan Outlines Vision For Hands-on Presidency As Election Looms

Turks, where previous heads of state have been chosen by parliament, will vote directly for their president for the first time on August 10.

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.

Qatar Airways Passenger Arrested In UK For Fake Bomb Threat

The incident, which led to the closure of the northern England airport for 25 minutes, briefly sparked fears of a terrorism attack.

Dubai’s Depa Wins New Contracts Worth Dhs300m In Singapore, Netherlands

The contracts were awarded to subsidiaries of the interior contracting company.

India Keeps Policy Rate Unchanged, Sounds Tough On Inflation

The Reserve Bank of India (RBI) left the repo rate at 8.00 percent, as expected by nearly all 43 economists surveyed for a poll published last week.

Egypt Plans To Dig New Suez Canal

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

Emirates Starts Chicago Flights

New services to the ‘windy city’ provide Emirates with new destination and transfer opportunities

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.

Airbus Wins 705 Net Orders In The First Six Months Of 2014

The aircraft maker said it had delivered 352 planes between January and July, including 16 A380 superjumbo aircraft.

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.

Emirates Suspends Flights To Guinea Over Ebola

The Ebola outbreak, which began in Guinea and has spread to Liberia and Sierra Leone, has killed more than 700.

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.

BlackBerry Opens Up BBM To Windows Phone Users

The Canadian firm has been lately touting new BBM features in a bid to make it a more viable messaging tool for corporate clients.

Mobile Money Grows In Africa But Hurdles Remain

Industry players say a fragmented and tough regulatory environment is holding the mobile money industry back.

UAE’s Oil Exports To Japan Drop 14.4% In June

The Gulf state, Japan’s second biggest oil provider, exported 23 million barrels during the month.

Spain Evacuates Embassy In Libya

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

Sierra Leone Declares State Of Emergency Over Ebola

Ebola has been blamed for 672 deaths in Liberia, Guinea and Sierra Leone.

Lufthansa’s Profit Falls Short As Ticket Prices Dip

Lufthansa’s second-quarter operating profit was $480.9 million, far below the average forecast.

Oil Slips To $106 On Increased Supply, Low Demand

Oil prices have eased after hitting multi-month highs in June because of political tensions in the Middle East, Africa and Europe.

Rolls-Royce Says 2014 On Track, To Return To Growth Next Year

Rolls-Royce alarmed markets in February by announcing there would be a pause in profit growth in 2014, thanks to declining U.S. and European military budgets.

Law Required To Control Use Of Anti-Aircraft Weapons – IATA

The global aviation industry has called for controls on the design, manufacture and deployment of anti-aircraft weapons following the MH17 tragedy.

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.