Iran Warns UAE Over Gulf Islands Dispute

The three islands situated on the Strait of Hormuz are causing disagreement over who owns them.

EXCLUSIVE: GE’s Jeff Immelt Says Economy Moving Up, Volatility Persists

The chairman and CEO of GE says that the power of emerging markets will continue.

EXCLUSIVE: GE’s Immelt Increases Gulf Footprint, Cuts Slow-Growth Operations

GE CEO Jeff Immelt says the firm will cut jobs globally but inject $1 billion into Saudi Arabia.

EXCLUSIVE: TAG Heuer’s Future With F1’s Hamilton Undecided

The global boss for the luxury brand has told Gulf Business he’s not yet decided if Lewis Hamilton will still be an ambassador next year.

The World’s Top Gold Exporters

While Hong Kong leads the list, the UAE features among the top fifteen countries, according to UN statistics.

Emaar Signs JV With Iraq Government

The Dubai developer will build multiple housing projects in the country, possibly alongside Damac.

Cityscape: IP Global To Open New Middle Eastern Offices

The property investment firm is eyeing offices in Oman and Qatar after the region accounts for 18 per cent of London’s purchases.

Dubai Expats Lured Back For Jobs In Iraq, Afghanistan

Iraq and Afghanistan firms are offering flashy salaries to former nationals to lure them back home to rebuild the nations.

UAE And Moroccan Banks Bid For BNP Egypt

Emirates NBD and Attijariwafa Bank are the front-runners to pick up the French bank’s Egyptian arm.

HP To Launch Envy 2X Hybrid Tablet In ME

The new tablet-laptop hybrid will be launched in the region next month along with the release of Windows 8.

Middle East Banking Jobs Slashed By Global Giants

Some of the world’s biggest banks are cutting jobs in their Middle Eastern operations in cost cutting measures.

Middle East Telcos Mull Alliance In Facebook Fight

The ambitious project currently faces technical and financial obstacles.

Australia’s Victoria Eyes MENA Trade Spike

Increased trade opportunities and direct air links are driving business between the regions.

IMF To Cut Global Growth Forecast

The Eurozone debt crisis poses the biggest threat to the global economy, says IMF chief.

REVEALED: Insights From The GCC’s Top Private Bankers

Experts from Emirates NBD, Falcon Private Bank, Lombard Odier, Bank Sarasin-Alpen Group and Julius Baer reveal their regional wealth management strategies to Gulf Business.

Private Banking Special: Julius Baer

Middle East investors are still seeking high-yielding investments, says Daniel Savary, head of Eastern Mediterranean & Middle East markets at Julius Baer

Private Banking Special: Bank Sarasin-Alpen Group

Rohit Walia, executive vice chairman & CEO at Bank Sarasin-Alpen Group, Middle East and India, says that the group will focus on tapping the Islamic finance industry in Saudi Arabia.

Private Banking Special: Lombard Odier

Swiss bank Lombard Odier is aggressively increasing its footprint in the Middle East, says its head of new markets, Arnaud Leclercq.

MEA Hotel Occupancy Up 12% In August

Middle Eastern cities such as Cairo and Amman lead the increase in occupancy rates.

Olympics Restores London’s Smile

After a difficult few years and low public morale, the greatest show on earth has returned London to its pinnacle status.

Drake & Scull Wins Iraqi Pipeline Contract

The UAE-based contracting services company shares deal to construct pipelines in southeast Iraq with Italy’s SICIM.

MAF Eyes $800m Mall of Egypt Launch By 2015

The UAE-based shopping mall operator hopes to start construction on the project by the end of 2012.

Islamic States To Reopen Quest For Global Blasphemy Law

The Organisation of Islamic Cooperation has been calling for a universal blasphemy law for over a decade.

Apple’s iPhone 5 Draws Rave Reviews

The tech giant received more than two million orders for the iPhone 5 within the first 24 hours of its launch.

Oil Slips Below $114, Extending Slide

Prices dropped amid signs that Saudi Arabia is pumping at high rates to dampen prices.

Billionaires Get Richer But Millionaires Lose Money

A new report says the ultra-rich have increased their fortunes and successfully managed the global downturn.

10 Biggest GCC Sukuks In 2012

As more regional and international companies turn to Islamic bonds to raise capital, Gulf Business lists the biggest Sukuks issued so far this year.

Brent Crude Up For 8th Day In A Row

Price for brent crude nears $117 as analysts warn regional protests will send risk premiums higher.

US Lauds Saudi Commitment To Help Moderate Oil Price

Saudi Arabia’s Oil Minister Ali al-Naimi said earlier this month that the Kingdom was prepared to meet any additional demand for oil.

EFG Hermes Shareholders Approve QInvest Deal

Egypt’s biggest investment bank, EFG Hermes and Qatar’s QInvest had reached an agreement in May 2012.