Turkish PM Erdogan Denounces Riots In Turkish Cities

Hundreds of police and protesters have been injured since riots began on Friday.

Top 10 Best Employers In The Middle East

DHL and Microsoft lead the list, finds the latest survey by Aon Hewitt.

GCC Countries To Consider Action Against Hezbollah

The GCC has called Hezbollah’s involvement in Syria “sectarian intervention”.

Etihad Expands To South America, Launches Flights To Brazil

The Abu Dhabi carrier will offer non-stop flights to Sao Paolo three times a week.

Middle East Debt Issuers Warm To Cross-Border Sukuk

Development of sharia-compliant hedging tools is making it easier for issuers to invest in foreign currency assets, say experts.

Saudi And Egypt Sign $1.6bn Deal To Link Power Grids

The project will allow both countries to share power of up to 3,000 megawatts.

REVEALED: Top 10 Richest Countries In The World

Qatar and the UAE feature on the list of the world’s richest nations as measured by GDP per capita.

A Shift Of Focus For Solar Energy In ME

We now know why but need to determine how, says Hannes Reinisch, senior manager for renewable energy and sustainability, PwC.

OPEC Coasts Towards Deal With Oversupply Fear On Hold

Triple digit oil has encouraged development of U.S. shale oil in North Dakota and Texas, some of which is the most costly in the world.

UBP Snaps Up Lloyds International Private Banking Arm

Lloyds also said on Wednesday that it would close its business in Dubai and intended to withdraw from South Africa.

Emirates Secures $160m Sponsorship Deal With Real Madrid

The new four-year deal promotes the Dubai-based carrier to main shirt sponsor of the club from the 2013/14 season.

Abu Dhabi Fastest Growing City In ME, Africa

The MasterCard Cities Index report showed the UAE’s capital has a growth rate of 16.1 per cent in relation to visitor numbers.

Canadian Visa Waiver To UAE Effective From June 1

Canadian Foreign Affairs Minister John Baird confirmed the news in Ottawa.

Middle East CEOs More Confident Than Global Peers

While 17 per cent of regional CEOs are more confident than their global counterparts, they are seven per cent less sure than last year.

Antique Apple-1 Fetches Record $671K

The market for old Apple computers is heating up, with prices steadily increasing.

Gold Stuck Below $1,400 As Stocks And Dollar Firm

The dollar index was up 0.2 per cent, while European stocks gained 1.2 per cent.

Emirates To Restart Tripoli Flights In September

Resumption of services after two years will benefit passengers with connections within the GCC, Indian Subcontinent, Far East and West Asia

UK Expats – Are You Liable To Tax Back Home?

The UK’s new residency criteria could have major consequences for some expats, says James Thomas, regional director at Acuma Independent Financial Advice.

Gold Rises Due To Physical Demand, Weaker Dollar

Gold is still down nearly 17 per cent this year after last month’s rout pushed prices down to $1,321.35.

Abu Dhabi Fund ADIA Turning To Emerging Markets

The fund raised its exposure limit on Chinese equities to $500 million from $200 million in the third quarter.

5.7 Earthquake Reported Off Coast Of Yemen

The quake occurred about 135 miles (217 km) from the Yemeni mainland at a depth of six miles (10 km) in the Arabian Sea.

Etisalat Makes Top Bid For Vivendi’s Maroc Tel- Sources

UAE’s Etisalat has reportedly offered a higher price than rival Qatari bidder Ooredoo for Vivendi’s 53 per cent stake in Maroc Telecom.

Qatar Drops Bid To Move Civil Aviation Body ICAO From Montreal

Qatar last month proposed that the organization leave Montreal due to its cold winters and distance from Europe and Asia.

Middle East Q1 Car Sales Break Records, Again

Impressive figures from BMW, Audi, Volkswagen and Rolls-Royce indicate the region’s economy is purring along nicely.

Huawei’s Middle East Revenue Rose 18% In 2012

The world’s second-largest telecom equipment maker also expects Middle East telecom operators to prioritise improving network efficiency.

LATEST: Canadians Still Require Visas To Enter UAE

The Canadian visa waiver announced earlier this year has still not come into effect, confirmed embassies.

Qatar Petroleum To Buy Into Total’s Congo Exploration

QPI will contribute specifically to the French company’s Moho North oil project.

Qatar Sovereign Fund Buys Stake In Russian Bank VTB

Qatar Holding, along with Azerbaijan’s SOFAZ and Norges Bank Investment Management, invested $479-639 million each in VTB.

Carrefour Sells Stake In Middle East Venture To MAF For $683m

Majid Al Futtaim Hypermarkets operates 50 hypermarkets and 44 supermarkets under the Carrefour name.

New GCC Tobacco Tax Could Lead To Illegal Trade

Ministers in the region are deliberating a 100 per cent increase in duty on tobacco products.