Kuwait’s Kout Buys British Roadside Dining Chain Little Chef For $23m

The Kuwaiti form bought Little Chef from private equity firm RCapital.

China Completes Construction On World’s Second Tallest Tower

Shanghai Tower will reach up to 632 metres high, around 200 metres shorter than Dubai’s Burj Khalifa.

Qatar Despatches First LNG Shipment For Egypt

Doha has promised Egypt five LNG shipments in total to help meet its energy needs.

Special Report: Africa’s Moment In The Sun

The continent is moving away from tyrannical, socialist governance, which has opened the gates for more and better business.

Iranians May Have Abducted Briton In Dubai -UK Government Source

Abbas Yazdi, a British-Iranian citizen, was reported missing on June 25.

Egypt’s “Third Square” Protests Reject Army, Islamists

Some Egyptian activists have started a new movement to promote a middle way between the Muslim Brotherhood and the army.

Etihad Says Jet Deal Deadline Extended Until Aug End

The Abu Dhabi carrier is awaiting Indian regulatory approval to acquire a $379 million stake in Jet Airways.

BAE Sees Multi-Billion Dollar Saudi Jet Deal Agreed In Second Half

BAE has been locked in pricing negotiations with Saudi Arabia over the Gulf state’s order of 72 jets since 2007.

UAE’s Abraaj Group Exits Investment In Ghana’s HFC Bank

The investment firm sold its stake in HFC to Republic Bank, an independent Caribbean bank, for an undisclosed sum.

MENA CEOs Confident About UAE and Saudi Growth

Despite a bullish outlook on sales growth by MENA CEOs, employment levels are expected to remain flat with businesses adopting a cautious approach.

StanChart Hires Ex-Morgan Stanley Banker For Middle East Push

Sarmad Lone has joined the British lender as its regional head for global corporates for the MENAP region.

Jet Wins Key Approval For Etihad Deal, With Conditions

India’s foreign investment regulator gave conditional approval to the $379 million deal.

Samsung Beats Apple To Become Most Profitable Phone Vendor In Q2

The Korean company’s operating profit for its handset division stood at $5.2 billion in the second quarter of the year.

Energy In Flux: The Gulf’s Growing Green Energy Sector

Vast domestic demand, external threats and the end of easy oil are driving the Middle East’s renewable energy sector.

China’s Sky City Not An Immediate Threat To Burj Khalifa

Sky City, China’s most ambitious development, has faced criticism over its nine-month deadline.

UAE Embassy Compound Attacked In Libyan Capital

No injuries have been reported and an investigation is underway.

Qatar Concerned Over Continued Bloodshed In Egypt

At least nine people have died in clashes between supporters and opponents of ousted president Mohamed Mursi.

Pictures: Celebrations For The Birth Of UK’s Royal Baby Boy

The prince, third in line to the throne, was born to Kate and William on Monday.

Al Jazeera America Appoints ABC News’ Kate O’Brian As President

The network is due to launch on August 20.

UK’s Royal Baby Born: Duchess Gives Birth To Boy

Prince William and Catherine Middleton married in April 2011. This is their first child, becoming the third in line to the throne.

Egypt Gets $2bn Saudi Payment To Fix Crumbling Finances

The funds from the KIngdom were given in the form of a five-year interest-free deposit at Egypt’s central bank.

MENA Rail Contracts Hit $434m In Q1

The UAE rail network, which will form part of the planned Gulf-wide network, is expected to cost $10.9 billion with a 1,200 kilometre route.

New Egyptian PM Seeks Dialogue, End To Divisions

Hazem el-Beblawi, an international liberal economist, called for dialogue between political parties, adding that security had to be restored to Egypt’s streets after weeks of mass protests.

UAE Transferred $3bn In Aid To Egypt, Saudi To Follow

Gulf Arab oil producers have promised aid packages worth $12 billion to Egypt since the overthrow of president Mohamed Mursi.

The Future Of “On Purpose” Technologies

GCC petrochemical players must capture the next wave of growth by analysing the value chain and tapping into unconventional sources.

Gulf Arab States Eye Arabian Sea For Safer Water Supplies

The GCC is increasingly concerned that the waters of the Gulf may become undrinkable if there are any leaks from energy installations into the water.

Fifa Boss Backs Qatar 2022 World Cup Seasonal Change

Sepp Blatter has said he will propose moving the dates of the tournament to winter, in a bid to avoid Qatar’s summer heat.

Coronavirus Is Not Global Emergency – WHO Committee

Cases of MERS have been found in Saudi Arabia, Jordan, Qatar, the United Arab Emirates, Tunisia, Britain, France, Italy and Germany.

Abu Dhabi World’s Best Market For Rolls-Royce

The UAE capital recorded the highest number of sales across the maker’s markets in the first half of 2013.

Middle East Internet Users Addicted To Social Media

A majority of the internet users polled said they preferred virtual communication over face-to-face or telephone conversations.