Morgan Stanley Names Kayello As New MENA Head

Kamal Jabre is relocating to London to take up a senior investment banking role.

The GCC’s Health Scare

The regional president of Medtronic, one of the world’s biggest medical companies, explains the Gulf’s health timebomb.

Dubai International Airport Is World’s ‘Fastest Growing’

Airport buoyed by Emirates’ nine new destinations, equating to nearly 22,000 additional seats every day

Is Cyprus Too Small To Matter?

With the Euro bailout of the island country of Cyprus what are the implications for the UAE and Middle East?

Indian PM To Visit UAE In Early August

Manmohan Singh’s visit will be the first by an Indian prime minister in over three decades.

Starwood Restarts Doha And Aqaba Projects

Starwood leaders upbeat after meeting 50 owners across 12 countries during month-long HQ relocation.

OPEC Says Oil Price Level Not Harmful To World Economy

Oil prices have averaged about $110 per barrel this year.

Yemenis Protest Against New Saudi Labour Ruling

Thousands of Yemeni labourers face deportation following new Saudi regulations that require expats to work only for their sponsors.

Gold Hits 10-Month Low On Selloff To Cover Equity Losses

The precious metal fell as far as $1,541.14 an ounce, its lowest since May.

UAE Relaxes Travel Restrictions On Canadians

The UAE withdrew its visa waiver for Canadian citizens more than two years ago amid a dispute over landing rights.

India’s MRPL Asks For More Saudi Oil In April

State-owned refiner MRPL said it will halt oil imports from Iran in April if insurance cover is not available for its refineries.

Eurozone Unemployment Rate Hits Record High Of 12%

The number of jobless people in the 17-member union reached 19.07 million in February.

Etihad Starts Washington DC Flights

The Abu Dhabi carrier will also open a $6.8 million premium lounge this week in Terminal A at Dulles Airport for first and business class passengers

BlackBerry Sells One Million Z10 Phones, Reports $98m Q4 Profit

The Canadian manufacturer saw revenues and subscribers fall during the three-month period.

UK Gas Stocks Swell On LNG Supplies From Qatar

Three large deliveries from Qatar of super-cooled gas over the last week increased stocks of liquefied natural gas to 6,219 GWh.

Leeds United’s Dubai-Based Owner Says Studying Investor Offers

GFH Capital is bringing in additional investors to develop the English soccer club.

Emirates On The Lookout For Asia’s Qantas

The Dubai airline’s long-term strategy “embraces opportunity,” states Emirates president Tim Clark.

Emaar’s Alabbar Eyes New World’s Tallest Building

Emaar’s chief has located Asia as a possible location for a skyscraper to outreach the expected height of Kingdom Tower.

Egypt Reopens Alexandria Airport After Runway Protest

Egypt’s second biggest airport was closed on Sunday after police officers staged a protest on the runway to demand better pay.

Cairo Airport To Partly Close In Summer To Save Power

The closure will not affect air traffic as the airport has seen a dramatic reduction in flights, said the civil aviation minister.

Hayya Card holders can enter Qatar until January 2024

Qatari Investors To Buy 100% Of Printemps

Borletti and RREEF bought Printemps in 2006 from French luxury group PPR for 1.1 billion euros ($1.41 billion).

Rising Commodities Demand Is Changing The Way We Live

Big picture trends in commodities demand and political upheaval are transforming the way we live, says Mark McFarland, chief investment strategist, Emirates NBD Private Banking.

Egypt: What Revolution?

Egypt’s stalled reforms and violent protests are endangering the country’s economic progress.

Le Méridien Hotels Middle East In $200m Upgrade

Hotel group Starwood announces huge renovation plans as well as 10 new hotels to open this year.

Leeds Football Club Sell Stake To Bahrain Bank

International Investment Bank’s chief executive, Aabed Al-Zeera, will join the Leeds City Holdings Limited.

UAE President Sheikh Khalifa To Visit The UK Next Month

This is the UAE’s first state visit to the United Kingdom since 1989.

UAE Approves $400m Loan To Serbia, Eyes Airline Deal

Etihad airline may become a strategic partner of Belgrade’s loss-making JAT Airways.

The Coming Of Cyber World War I

Experts say looming IT attacks could be catastrophic for global business and even cost lives.

GCC Banks Continue To Outperform International Peers

The region’s biggest lenders reported single digit revenue and profit growth as well as a rise in loan loss provisions.

Oman Signs Oil, Gas Exploration Deal With US PetroTel

Under the agreement the company will explore for oil and natural gas in Blocks 39 and 67.