PayPal Launches Dubai Office; Aims To Expand ME Footprint

The global online payment provider currently has one million customers in the MENA region.

Europe Has Become Largely Irrelevant, Says Kevin Rudd

Ex-PM of Australia pans Europe and says regional unemployment levels are ‘shocking’.

Top 10 Fashion Brands In The Middle East

Gulf Business asked Sophia Serin, Senior Editor at Emirates Woman Group, to round up the region’s most popular fashion brands.

Apple To Pay Samsung’s Court Fees After Poor Apology

A UK judge orders the Californian giant to cover its rivals costs after it fails to obey court order.

Fast Growth Patterns For MENA Exports

The next decade will see soaring growth rates in Middle East exports to Asia and beyond.

Marks & Spencer’s Middle East Expansion

The giant British retailer is opening a new store in Jordan before the end of the year.

Telco Mergers On The Rise As Market Intensifies

Telecoms companies in the GCC continue to seek control and profits by bulking up their presence in foreign firms.

UAE Salaries To Grow 5.1% In 2013

Employees in the UAE saw average wage hikes of 5.2 per cent in 2012, says new survey.

Global Investor Confidence Rises in Q4

56 per cent respondents lack confidence in the global economy; MENA experts the most optimistic.

Qatar National Bank Close To SocGen Egypt Deal

Trading on shares is suspended as the French bank is close to selling its asset to QNB.

US To Overtake Saudi As Top Oil Producer – IEA

Forecasts suggest the States will achieve self-sufficiency in oil and gas and become an exporter by 2030.

Nokia Launches Lumia 920 In Middle East

The new Windows Phone 8 enabled handset has made its official debut in the region.

Qataris Biggest Luxury Spenders In ME

Residents in Qatar spend up to $5,000 per month on luxury goods, says new report.

MENA Traders’ Repayment Fears On Global Economy

A report by HSBC shows exporters in the region are worried buyers will fail to settle transactions in coming months.

Israel Fires Warning Shots Across Syrian Border

Fears Syria’s civil war could ignite wider conflict as shell falls in Israel-occupied Golan Heights.

ADIPEC Round Up – BP, ADNOC And Saudi Announcements

A round up of the day’s news and gossip from the region’s largest oil and gas event.

IMF Warns GCC To Cut Spending, Diversify

GDP growth in the GCC region is expected to slow to 3.75 per cent in 2013 as oil production stalls, says IMF.

Over 60% Of MENA Employees Unhappy With Pay

A new poll by Bayt.com finds that the majority of employees in the region feel that they are not well compensated in their jobs.

Qatar Holding Invests In The Chernin Group

Qatar’s investment vehicle puts a rumoured $100 million into the Peter Chernin-owned media company.

Arab Spring Economies To Recover Slowly – IMF

Weak demand in Europe and other regions will continue to weigh on the Arab Spring states.

Travel: Fregate Island – The Indian Ocean’s Eden

The award-winning Frégate Island Private resort is a Monaco-sized slice of paradise in the Seychelles.

The Middle East’s Top Green Companies

A definitive list of regional companies implementing meaningful initiatives for the environment.

OPEC Acknowledges Shale Oil Supply Is Significant

In its World Oil Outlook report, OPEC cuts its forecast of global oil demand to 2016 due to economic weakness.

Emirates To Sponsor Glasgow 2014 Commonwealth Games

Dubai-based Emirates will now serve as the official airline of the games and the Queen’s Baton Relay.

Oil Down 4% As Fiscal Cliff Looms After US Vote

President Obama winning a second term in office has seen oil price drop after previous 3 per cent gains when Romney was favourite.

REVEALED: Top 10 Tweeters In The Middle East

UAE-based commentator Sultan Al Qassemi is the most connected Twitter user in the region, says new study.

British PM Cameron Meets KSA’s King Abdullah

The two leaders discussed regional and international developments, Palestine and the situation in Syria.

Obama Win Keeps Peace In The Middle East

The US President’s re-election will help abate worries of war in the Middle East, say political experts.

Expert – Romney Win Would Have Been ‘Catastrophic’

Barack Obama’s win will give global and regional markets a confidence boost.

Egypt Hopes Obama Will Work For Both Nations’ Interests

Egypt’s presidency said it hoped Obama would work for American and Egyptian people.