UAE’s Abraaj Group Sells Thai Hospital Stake

Abraaj sold its stake in Vejthani to KPJ Healthcare for an undisclosed sum.

Nike Unveils McIlroy Sponsorship In Abu Dhabi

The golfing star has split from previous sponsor Jumeirah and joins Tiger Woods.

Obama Meets New Saudi Minister At White House

The President of the United States met with Prince Mohammed bin Nayef to discuss security issues.

Bank Of America To Increase Gulf Lending

The investment bank expects activity to pick up in the MENA region in 2013.

China To Join UAE-Based IRENA

The International Renewable Energy Agency (IRENA) now has 160 participating countries.

Rolls-Royce ME Reports Record Year

Sales in the Middle East were up 26 per cent as Saudi and Abu Dhabi performed strongly, says global CEO.

Morgan Stanley To Trim Dubai Staff Amid Global Cuts

The bank plans to slash 1,600 jobs globally to reduce costs.

Standard Chartered CEO – ‘Excessive Austerity Will Be A Disaster’

V. Shankar, CEO of Standard Chartered EMEA, says much will still depend on Europe.

UAE’s TAQA Buys Stake In India Hydro Plant

The Abu Dhabi National Energy Company has acquired an interest in Himachal Sorang Power Limited for an undisclosed sum.

Kenya Sees 96.3% Rise In UAE Visitors

A total of 32,865 people arrived in Kenya from the UAE in the first ten months of 2012.

Boeing Confident Of FAA Dreamliner Probe

Boeing said Federal Aviation Administration will find no significant issues with Dreamliner safety.

France’s Hollande In UAE Visit For Total

The French President will meet Sheikh Khalifa bin Zayed al-Nahayan to help Total win a $10 billion deal.

Winners And Losers In Emerging Markets

China will storm ahead of Brazil in 2013 says Matein Khalid, fund manager in a royal investment office.

Drive To Success – Interview With Rolls Royce’s Briscoe

Geoff Briscoe, regional director for Rolls-Royce Motor Cars, gives the insider view on the region’s luxury auto market.

Revealed: Top 10 Best CEOs In The World

INSEAD, along with the Harvard Business Review, ranks the best performing chief executives in the world.

Swatch Group 2012 Sales Up 14%

The group expects good results at operating profit and net income level when they’re released next month.

Abu Dhabi’s TAQA Buys 50% Interest In US Wind Power Project

The acquisition of the 205.5MW Lakefield wind project in Minnesota is expected to close in Q1 2013.

ME Airlines Lead Aviation Rebound

Middle East airlines recorded a 10.5 per cent international passenger demand growth in November, says IATA.

Etihad Profits From South China Exports

Etihad Cargo announces new direct weekly freighter operation from Abu Dhabi to Guangzhou.

Further Problems For Boeing Dreamliner Aircrafts

Two more 787s have been grounded after mechanical problems and fuel leaks.

Lebanon’s Middle East Airlines Orders 10 A320neos

Fuel burn savings, reliability and cabin comfort made it “a sound investment” choice.

Income Disparity, Water Supply Key Risks In MENA

Fiscal imbalances and rising greenhouse gases are some of the biggest global risks, says World Economic Forum report.

Gulf Airlines Battle For Polish Business

Gulf carriers are looking to capitalise on national carrier LOT’s precarious commercial situation, and others regionally

Qatar To Lend Egypt $2.5bn Extra In Aid

Sheikh Hamad bin Jassim al-Thani has said $0.5 billion will be a grant while $2 billion a deposit.

Iraq Is Finally A Viable Investment Opportunity

Nine years after the US-led coalition toppled Saddam Hussein there are signs that companies are moving to long-term investments in Iraq.

Dubai’s Just Falafel Plans 20 New UK Stores In 2013

The company has launched it’s first store outside the Middle East in London.

Citigroup CEO Corbat Names New Executive Team

The bank’s new organisational chart shows 13 managers under Corbat.

Airberlin CEO Steps Down

The German airline, in which Etihad has a 29 per cent stake, will now be headed by strategy chief Wolfgang Prock-Schauer.

Emirates Expands Asian Network

A fifth daily non-stop service is being introduced between Dubai and Bangkok, swelling services to 35 flights a week from March 31.

UAE Energy Minister: Current Oil Prices “Good”

Oil prices in 2013 are expected to be similar to prices in 2012, says UAE energy minister Mohammed Dhaen Al Hamli.