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.

Egypt Slips In Corruption Index Despite Arab Spring

The country fell six places to the 118th spot on the latest index released by Transparency International.

Chinese Textile Traders Eye Middle East Investment

Around 120 textile and garment suppliers from China are in Dubai to woo regional distributors.

Dubai Property Market Is Top Of MENA’s Real Estate

A report by Jones Lang LaSalle shows increased optimism is returning to the market.

Oil Supply Comfortable Ahead Of OPEC Meeting

OPEC is expected to stick with an output target of 30 million bpd when it meets on December 12.

iPhone 5 To Launch In Middle East On December 14

Apple has announced the official launch date for the iPhone 5 in the UAE, Qatar, Saudi Arabia, Kuwait and Bahrain.

ME Will Need 2,370 New Airplanes by 2031

Boeing predicts that the region’s new airplane requirement over the next 20 years will cost around $470 billion.

Oil And Gas Sector Pays Best Wages In MENA

New survey finds that the oil and gas sector is the preferred industry for professionals in the MENA region.

China’s Rise Leads to America’s Containment

It is critical to engage with China as it becomes the world’s largest economy and gains unilateral power, say experts.

Qatar Holding And CDD To Invest In French SMEs

The two have signed a MOU that will pool $389 million of investment capital.

Egypt’s Mursi Declares Referendum On Constitution

The referendum will take place on December 15; Islamist supporters rally in Cairo.

We Can’t Print Money Forever

The world has overleveraged itself and can either heal itself through policed bank regulation or going spectacularly bust, writes Peter Cooper, editor of Arabianmoney.net.

The Time Is Now – Interview With CEO Of TAG Heuer

Neil Churchill talks to the global head of TAG Heuer watches, Jean-Christophe Babin, on timepieces, Iran and Lewis Hamilton.

The Economic Fallout From Egypt’s ‘Arab Spring’

Already crippled with sky-high food prices, a weakened tourism industry and capital outflow, Egypt’s latest revolution could push the nation to the brink.

TAQA Buys BP’s UK Assets Worth $1.3bn

The deal comes weeks after British Prime Minister David Cameron’s visit to the UAE.

Egypt Court Hits Back At President Mursi

The court won’t be “terrorised by threats or blackmail and will not submit to any pressure on it in any direction,” said a spokesperson.

More Than 30 Killed In Damascus Car Bombs

State TV has confirmed 34 people have died after two car bombs exploded in the eastern district of Jaramana.

Antivirus Not Enough To Protect Middle East

Online security needs to shift its focus, says CEO, as 1.5 million people are hit.

Morocco Seeks GCC Airline Partner

Morocco is keen to enter a strategic partnership for Royal Air Maroc rather than sell a stake in the airline.

Egyptians Challenge Mursi In Nationwide Protests

The protests follow the issue of a decree by Egypt’s President Mohamed Mursi last week that expanded his powers.

UAE Best Arab Country To Be Born In, Sheikh Mohammed Tweets

The Gulf country came 18th in the Economist Intelligence Unit’s global list of the best countries to be born in.

Aston Martin In Quick Mahindra Deal

The British maker of James Bond’s cars could be Indian-owned by the end of the week.

Head Of Bank Of America Merrill Lynch Leaves

A string of top managers have left the US lender’s MENA business this year.

Red Bull Helps Infiniti Challenge Audi, BMW And Mercedes

The luxury car brand is targeting a slice of the German manufacturers’ pie.

Jumeirah Opens In Mumbai; Rumours Of Delhi Opening

Hospitality company Jumeirah has signed an agreement to operate in Mumbai, India; CEO tells Gulf Business that Delhi may be next.

The GCC Is Back, Say Analysts

Despite the global economic uncertainty, the GCC has bounced back, led by the UAE’s thriving service sectors

“Fiscal Cliff” Talks Stalled But Progress Possible

US on course to slash budget deficit nearly in half next year, as serious negotiations to begin this week.

Experts – ‘Morsi’s Demonstrations May Not Bring About Change’

Egypt may have had democratic elections, but it’s far from a democracy, say US-based experts.

Experts – ‘Morsi Could Kick Off Second Revolution’

Political analyst and author says Egypt President has too much power and too little trust.

Psy’s Gangnam Style Is YouTube’s Most-Viewed Video

The South Korean pop song has had over 812 million views since it was posted on the site in July.