Islamic Bank Of Britain Takeover Deadline Extended

Qatar’s Masraf Al Rayan will have until the new year to decide on a proposed takeover of the lender.

Top Performing GCC Companies

The Gulf’s best performing firms in H1 of this year by net income.

Manchester City Halve Losses After Title Win

The Abu Dhabi-funded club reports record revenue as Etihad-influenced commercial revenue doubles.

BP Allowed To Bid In Abu Dhabi Oil Concession

The British oil company was originally excluded from the process after not receiving a qualifying letter.

The Gulf’s First Private Pension Launches

Bahrain’s Takaud hopes its product will help MENA companies struggling to deal with an ageing population.

Emirates Receives Five Planes In December

The additional widebody planes will help serve the carrier’s ongoing network expansion

Fuel Costs, Grey Market Hurdles For Business Aviation

Volatile oil prices and grey market competition are some of the main challenges that the regional business jet industry faces, says NasJet COO.

Oil Prices Up On Increased Fed Stimulus

The US Federal Reserve announced plans for more monetary stimulus on Wednesday.

Top 10 Global Events In 2012

As the year draws to a close, we bring you a list of the major events that marked 2012 in the history books.

MEBA 2012: Middle East Business Aviation To Double To $1bn

Traffic in the regional business aviation sector has risen 12 per cent in the past year.

US Explores Ways To Boost Middle East Trade

The under-secretary for international trade says businesses in the States are thinking globally.

UAE’s Al Ghurair Has No Plans To Sell Stake In Libyan Refinery

The Al Ghurair group owns half of Ras Lanuf, Libya’s biggest refinery.

MENA Startups Should Not Copy Zuckerberg

Expert at the Global Entrepreneurship Summit says SMEs should focus on ‘boring businesses’.

HSBC Slapped With $1.9 Billion Fine

HSBC Holdings will pay the biggest fine in banking history after violating US rules aimed at preventing money laundering.

Arab SMEs Must ‘Export Their Champions’

Experts at the Global Entrepreneurship Summit say MENA businesses must look beyond their borders.

3rd Global Entrepreneurship Summit Opens In Dubai

Members of the Dubai royal family and a message from Barack Obama open the two-day event.

Swiss Operator VistaJet Eyes Middle East

The luxury jet operator recently placed an order for 56 new planes worth $7.8 billion with Bombardier.

Etihad Set To Buy 48% Stake In India’s Kingfisher Air

The deal is worth an estimated $550.3 million, according to Indian press reports.

Unknown Attackers Fire At Cairo Protesters, 9 Hurt

President Mohamed Mursi’s opponents are protesting the planned referendum for a new constitution on Saturday.

Egypt’s President To Visit United States In 2013

The trip will be Mohamed Mursi’s first visit to the U.S. since he was elected to power in June.

New Online Trading Platform Offers Bespoke Service

Tradable allows users to download crowd-sourced apps tailored specifically to suit their needs.

Emirates’ London Heathrow Flights All A380

Combined with daily Manchester A380 services, the world’s largest A380 carrier will be sending 360 flights to and from the UK each month

GCC To Host First World Luxury Expo

Steinway Piano Gallery will be displaying a crystallised 1/6 scale model grand piano worth AED12 million for the first time

Atkins Wins Muscat Sports Academy Contract

A 3,000-seat outdoor tennis stadium will be a focal point, featuring a roof that illuminates at night

First ibis Opens In Saudi Arabia

First internationally branded three-star economy hotel in the Kingdom will be followed by many more as main hospitality groups target demand for affordable stays

Local Investors Plough Cash Back Into Regional Real Estate

Dubai is the top choice for regional high net worth individual investment.

Dassault To Grow Middle East Fleet By 10%

Its best-selling Falcon 7X features a 5,950nm range which can serve most city pairs demanded by business aviation travellers

Ocean View Hotel Opening December 22

Located along The Walk, the 341-room property will contain five restaurants and bars

Is A Major Yen Depreciation Imminent?

Japan’s long-term risky fundamentals will become more apparent in 2013, says Matein Khalid, fund manager in a royal investment office.

Dubai’s DAE Cancels Order For 5 Boeing 747-8 Freighters

Dubai Aerospace Enterprise had earlier ordered 10 747-8 planes and also has orders for seven 777 freighters.