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.

Egypt President Scraps Decree That Sparked Protests

The constitutional referendum will go ahead next week despite calls for its postponement.

Top 10 Global Cities For Hotel Investment In 2012

Dubai features among the top 25 global destinations for hotel investment in 2012, according to a new report.

Dubai World Central Events To Take Flight

MEBA conference will shine the spotlight on new airport – ahead of business aviation operations starting mid-2013

Gulf Air CEO Resignation: What Happens Now?

Following the resignation of the CEO of Gulf Air, Samer Majali, this week, where does the airline find itself as it approaches 2013?

StanChart Sees $330m Iran Fine, Profit Rise Erodes

The lender already paid $340 million to New York’s Department of Financial Services in Q3 2012.

Emirates Flight Training Academy Targets 2014 Launch

Dedicated facility at Dubai World Central Airport will help meet demand surge for professional pilots

flydubai Shows Hollywood HD Movies

The low-cost carrier is the launch customer for the ‘Fiber-To-The-Screen’ system by Lumexis, enabling HD movies to be shown simultaneously in every seat back.

Where To Invest In 2013 – With Merrill Lynch

Johannes Jooste, head of strategy for EMEA at Merrill Lynch, advises equities over fixed income.

World’s Top 10 Most Powerful People

Saudi Arabia’s King Abdullah ranks among the top 10 most powerful people, according to Forbes’ latest list.

Rivals Clash As Mursi Deputy Seeks End to Egypt Crisis

Five people were killed and 350 injured in clashes outside Egyptian President Mohamed Mursi’s palace.

BofA Names Nomura’s Ghafur As MENA Head

Bank of America Merrill Lynch is looking to improve its regional banking operations.

US Investigation Into Saudi Banking Licenses

The US Department of Justice is investigating if the alleged Barclays’ bribes were replicated at other banks.

Top 10 Theme Parks In the World

As Dubai prepares to build a $2.5 billion theme park complex, we look at the most-visited amusement parks in the world.

Samsung, Apple Continue Billion Dollar Legal Dispute

Samsung says the jury foreman’s past dispute with one of its companies may have influenced the August verdict.

UAE’s NMC Unit Signs Deal With Indian Food Producer

Under the agreement, NMC Trading will introduce Radikal’s Basmati rice to the UAE market.