Britain’s BAE Wins $4.1bn Omani Contract

Under the deal, BAE will deliver 12 Typhoon and eight Hawk aircraft to Oman’s armed forces starting in 2017.

Egypt’s Constitution Approved In Vote

The Muslim Brotherhood said 64 per cent of voters backed the charter after two rounds of voting.

Emirates NBD To Buy BNP Paribas Egypt For $500m

The Dubai bank will also make an offer to minority shareholders for the remaining 4.8 per cent.

Private Equity Group In Abu Dhabi Healthcare IPO

The group is looking for new advisers after dropping HSBC and JP Morgan Chase.

Emaar Signs $500m Deal For Turkey Project

Emaar Square will house over 1,000 luxury homes, a 180-bedroom five-star hotel and the largest shopping mall in Turkey.

Starwood’s Aloft Opening In Iraq

It marks the global operator’s third property in the city, following deals for a Sheraton hotel and Four Points by Sheraton hotel earlier this year

Oil Rises On U.S. Fiscal Cliff Optimism

As the White House edges closer to a resolution, investors pour cash into oil and equities.

UAE Says Egypt Media Plot Claims ‘Fabricated’

The UAE Foreign Minister has summoned Egypt’s ambassador to discuss the claims.

Saudi Arabia Bans Brazil Beef Imports

The decision follows Egypt’s ban after fears of mad cow disease case.

GCC In 2012: A Retrospective

The last 12 months have seen robust regional spending, consistently high oil prices and the continuation of Obama’s presidency.

VIDEO: Google’s Incredible Snapshots Of 2012

Its zeitgeist of the year includes the Arab Spring, Egypt elections and pilgrimage to Hajj.

Etihad Buys 70% In Air Berlin’s Loyalty Programme

The deal will generate $242.70 million in revenue for the German carrier.

Egypt’s New Public Prosecutor Resigns

Talaat Ibrahim was appointed to the position by President Mursi in November.

Oil Flow At Iraq’s Kirkuk-Ceyhan Pipeline Resumes

Technical failure brought oil flow to a halt on December 8, and again on Saturday.

Green Shoots For Private Equity Sector

Interest in deals is up say experts, but closing deals is still lacking as billions of dollars in dry powder lies waiting.

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.