Slowdown In Asian Markets Might Hamper GCC Growth

A sharp slowdown in major emerging economies will affect GCC countries through falling oil market prices, a report says.

New iPhone 6 Screens To Enter Production By May – Sources

Apple is expected to launch its latest smartphone this autumn.

GCC’s Sugar Stocks Appeal To Investors

The tenth anniversary of the Kingsman Dubai sugar conference was held as the fourth consecutive year of global sugar stocks increase.

Dubai Hotel Occupancies Hit 87.6% In February

HotStats MENA report highlights good month for UAE hotels and Jeddah whereas across the region the trading picture is mixed

Middle East Investors Pour Money Into London’s Property Market

European real estate investment from the Middle East reached nearly €10 billion ($13.7 billion) in 2013, finds CBRE report.

Dubai Bourse To Hold Roadshow In London

Executives from 13 companies listed on the DFM and NASDAQ Dubai will meet investors on April 28 and 29 in London.

Thai Court Throws Out Murder Charges In Saudi ‘Blue Diamond’ Case

The theft of jewels worth $20 million and the disappearance of Saudi businessman Mohammad al-Ruwaili has strained Thai-Saudi relations.

M&A Deal Activity Rises In Middle East, Africa As Global Volumes Fall

African countries are catching the eye of international investors as growth decelerates in India, China and Brazil.

Egyptian Soldier Killed, 3 Police Wounded In Attack On Bus

There was no immediate claim of responsibility for the attack.

GE Appoints New President, CEO For The GCC

Dalya Al Muthanna is the first UAE national to take on the senior position.

Obama-Saudi King Talks May Ease Friction But No Breakthrough Seen

Friday’s two-hour exchange in the Kingdom did not yield a shared statement or any evidence of policy changes.

Obama, Saudi King Discuss Syrian Rebels, Iran, Gulf Security

US President Barack Obama made the remarks during an official visit to the Kingdom.

BlackBerry Revenue Plunges 64%, Shares Drop

The Canadian firm’s share of the global smartphone market was below one per cent at the end of 2013.

Anthony Miles: The Coherent Conglomerate

The Gulf’s empires are facing an internal challenge: the need to pull together under one brand, writes Anthony Miles, a consultant at Bladonmore.

Qatar Buys Helicopters, Missiles In $23bn Arms Deals

The Gulf state announced deals with about 20 global companies, including with Lockheed Martin, Raytheon, Airbus and Boeing.

Arab League Summit In Kuwait Merely Papers Over Rifts

Saudi Arabia, the UAE and Bahrain have accused Qatar of disregarding an accord not to interfere in fellow Arab states’ internal affairs.

HSBC Appoints New Head Of MENA Retail And Wealth Management

Khalid Elgibaly, formerly the chief executive of Standard Chartered in Pakistan, will take on the role.

Egypt’s EFG-Hermes Sinks To 2013 Loss On One-Off Charges

EFG-Hermes said the one-off charges totalled 761 million pounds, including 616 million in the fourth quarter alone.

Middle East Funds Bullish On Regional Equity Markets

Survey finds that 47 per cent of the funds expect to raise their equity allocations to the Middle East over the next three months.

Egypt’s Sisi To Run For President, Vows To Tackle Militancy

Sisi toppled Mohamed Mursi of the Muslim Brotherhood last July after mass protests against his rule and has emerged as an influential figure.

Video: Hands On With The New Nokia X Range

Nokia launched its new range of Nokia X smartphones, based on Android open source, at the Mobile World Congress in Barcelona.

Arab States Pledge To Work To End Rifts

Saudi, the UAE and Bahrain recalled their ambassadors from Qatar three weeks ago, accusing it of interfering in fellow Arab states’ internal affairs.

Facebook To Buy Virtual Reality Goggles Maker For $2bn

The acquisition comes soon after Facebook’s $19 billion deal for messaging service WhatsApp.

Pictures: HTC Unveils New Flagship Phone, HTC One M8

HTC’s latest handset boasts a new dual camera lens on the rear of the device.

Occidental Middle East Asset Sale Delayed Due To Regional Disputes

The firm said last year that it planned to sell a minority stake in its regional operations as a part of a restructuring program to lift its valuation.

Obama Aims To Soothe Saudi Fears With Riyadh Visit

Washington’s preliminary nuclear deal with Iran last year caused tensions between the US and Saudi.

Deutsche Bahn Joins Etihad Rail In UAE Railway Venture

The JV, Etihad Rail DB, will manage operations for the first stage of the railway.

Egypt’s Naeem Holding To Cross-List On Abu Dhabi Exchange

The company has given no details of the timing or size of the listing.

Arab Summit Opens, Leaders Struggle With Multiple Rifts

The gathering in Kuwait follows an unprecedented row among members of the GCC over Qatari support for Egypt’s Muslim Brotherhood, and a verbal spat between Iraq and Saudi Arabia.

PineBridge Buys 50% Stake In Turkish Therapy And Rehab Chain

The stake in Romatem is PineBridge’s second investment in Turkey and its third deal in the Middle East.