Delta, Etihad Under Scrutiny As EU Probes Foreign Holdings In Airlines

A carrier must be more than 50 per cent owned and “effectively controlled” by an EU member state or EU citizens to obtain an operating license.

The UAE: A Thriving Japanese Car Market

The Japanese automotive industry is one of the most prominent in the world.

Berlusconi Family Seeks Middle East Buyers For AC Milan Stake

The club’s co-CEO Barbara Berlusconi said she would travel to the Middle East to find partners for the club.

Qatar Airways Launches Philadelphia Flights

Doha carrier looks to attract two-way traffic with new Oneworld member US Airways as it launches fifth US destination

Blasts At Cairo University Kill Two – Security Officials

Two bombs killed a police officer and wounded five other security forces who had been guarding the facility, the ministry said.

Sudan Says Qatar To Deposit $1bn As Part Of Aid Package

A sudanese official declined to disclose the total value of aid that Qatar had agreed to offer Sudan.

Cebu Flights Will Divert To Sharjah During Dubai Airport Runway Closure

The low-cost airline said all flights to and from Dubai between May 1- July 20 will operate out of Sharjah.

British Airways Launches Daily Flights On Jeddah-London Route

The expansion is part of British Airways’ investment in Saudi Arabia and the wider Middle East.

Arabtec Appoints New CEO For Egypt Subsidiary

Sami Asad, formerly the CEO of Arabtec’s Construction Group, will now lead the newly created subsidiary, Arabtec Egypt.

UAE Warns Nationals Against Travel To Thailand

The Southeast Asian country has been facing political turmoil since November.

Gulf States To Invest Over $730m In Tourism Infrastructure In Morocco

The states will use their Wessal Capital joint venture to make the investment.

Apple Seeks Decisive US Court Ruling Against Samsung

Apple and Samsung have been litigating around the world for nearly three years.

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.