Raytheon CEO Sees $4bn-$5bn In ME Orders In ‘Weeks’

Raytheon is looking to foreign orders to help offset a reduction in projected U.S. military spending over the next decade.

Solar Power Use Will Provide Local Market Opportunities

Use of solar energy for the Middle East’s growing power needs will create strong localisation potential.

VIDEO: Emirates Launches Longest A380 Flight To L.A.

Flight EK 215 crosses the Russian Federation, the North Pole and Eastern Canada before landing in Los Angeles.

Qatar Airways To Serve Second Istanbul Airport

Doha carrier doubles up to meet growth projections beyond slot-constrained Ataturk

Lifestyle Diseases To Cost GCC Governments $68bn By 2022

The economic burden resulting from non-communicable diseases is expected to soar in the coming years.

US Navy To Expand Presence In Bahrain

The Gulf state is currently home to the US 5th Fleet.

Damac Raises $348m In London Share Sale

The Dubai developer is now valued at $2.65 billion.

Bahrain PM’s Role In Disputed Aluminium Deals Probed At UK Trial

Businessman Victor Dahdaleh is on trial accused of paying some $67 million in bribes to former Alba managers.

Etisalat May Revive Talks To Sell Sudanese Unit To Zain

Prior negotiations between the two telcos collapsed around the start of 2013, according to sources.

Gulf Oil Exporters Battle For Asian Buyers

The competition will become even stronger if sanctions on Iran are lifted in coming months.

Majority Of UAE NRIs Send Money Home – Survey

Up to 85 per cent of non-resident Indians in the UAE remit their salaries, revealed a survey by Friends Provident.

Iran To Reassert Authority At OPEC After Nuclear Deal

Western sanctions imposed in 2012 on Iran for its nuclear programme have cost the country its market share in OPEC.

Iran Says Seeks Better Cooperation With Saudi Arabia

Iran’s foreign minister said that the nuclear deal reached in Geneva on Nov. 24 should not be seen as a threat.

Gulf Arab States Say Syrian Opposition Should Attend Geneva

Saudi Arabia and Qatar are the main backers of the Syrian National Coalition and the Free Syrian Army.

UAE Foreign Minister To Make Rare Visit To Iran

UAE’s Sheikh Abdullah bin Zayed is expected to meet Iranian Foreign Minister Mohammad Javad Zarif and other officials.

US President Obama Phones Saudi King Abdullah About Iran Nuclear Deal

Iran signed an interim deal with six world powers to curb its nuclear programme.

First Eurozone Islamic Bank Planned For Luxembourg

The consortium plans to launch the new lender in the fourth quarter of 2014.

Mubadala, Guinea Sign $5bn Deal For Bauxite, Alumina Refinery

The refinery will have a capacity of two million tonnes per annum.

Dubai Holding Unit Mulls Sale Of German Packager Mauser

The deal is expected to be worth between 1 billion euros ($1.4 billion) and 1.5 billion, sources say.

Halal Products Not Only For Muslims – Expert

Saleh Lootah argued for a single global Halal standard at the Global Islamic Economy Summit.

Saudi Electricity Signs SAR1.7bn Deal With GE

The deal will cover maintenance work on 12 gas units at new power plants in Riyadh.

Wary Silence From Arabs Over Iran Deal

Under the deal, signed on Sunday, Iran is being given relief from sanctions in return for curbs to its nuclear programme.

A Look At The Last Five World Expos

Should Dubai win the Expo 2020, what can it learn from previous world fairs?

Iran, Six World Powers Clinch Breakthrough Nuclear Deal

The agreement between Iran and the United States, France, Germany, Britain, China and Russia was nailed down after more than four days of negotiations.

Preventing The Middle East’s Next Web Outage

Experts are working around the clock to prevent another cable cut disaster.

UAE Has World’s Most Attractive Tax Framework

The UAE and other GCC countries continue to have low taxation polices which has helped boost trade in turn.

Kuwait Airways Resumes Iraq Flights

This national airline stopped operating flights to Iraq after the 1990 Iraqi invasion.

Gulf States May See Unemployment Rise, Says IMF

An additional 1.2 to 1.6 million GCC citizens could enter the labour market by 2018, estimates the International Monetary Fund.

Dubai Airshow: Mubadala Aerospace Eyes US Deals

The firm won industrial orders worth over $5 billion at the air show to sell parts and materials to Boeing and Airbus.

Dubai Airshow: Lockheed Sees More Clarity On Saudi Naval Buy In Next Months

Saudi is evaluating options for its naval modernisation programme, including purchases of up to 12 of Lockheed’s steel monohull Littoral Combat Ship