Bahrain Plans Bond Roadshows

The Gulf state is starting investor meetings this week for a planned dollar-denominated bond issue.

World Markets Up On Greek Results

The pro-bailout party has won the elections in Greece, ensuring that the country stays within the Eurozone.

Emirates Repays $550m Sukuk

The Dubai-based airline announced that it has repaid its Islamic bond on maturity date.

Brotherhood Hails Morsy President

Mohamed Morsy’s Muslim Brotherhood party gives a breakdown of the votes as they claim victory.

Egypt Tenses For New President

Voters go to the polls for the second day as the country decides its first new president since Mubarak.

Dubai Deflation Eases In May

Deflation in the emirate reduced to 1.2 per cent last month, mainly driven by a weak housing market.

Portugal Not To Exit Eurozone

Country will not become the next Greece, says Her Excellency Cecilia Meireles, Portugal’s Minister of Tourism.

DIFC Unit Repays $1.25bn Sukuk

DIFC Investments raised money through a syndicated facility to help repay the Islamic bond.

UAE Needs 13,000 Doctors By 2014

The country has begun an urgent recruitment drive to source thousands of new doctors.

Electrical Fault Caused Qatar Fire

The deadly blaze in a shopping mall in Doha last month killed 19 people, including 13 children.

Kuwait To Invest $150m In Asian IPO

Kuwait Investment Authority is reportedly planning to invest in Malaysia’s IHH Healthcare’s $2 billion IPO.

Bahrain Mulls Social Media Law

Officials say new laws are needed to prevent misuse of social networking tools in the country.

Dubai Is World’s 8th Popular City

Abu Dhabi is the world’s fastest growing destination while Dubai tops the popularity list in the ME.

Ben Ali Gets 20-Year Jail Term

Tunisia’s ousted president has been sentenced to jail in absentia for inciting violence and murder.

Dubai Retailers In Chinese Push

Luxury retailers in the emirate are hiring Cantonese and Mandarin speaking staff to cater to Chinese visitors.

Tenancy Contract Must For UAE Visa

Officials have confirmed that expatriate residents need to provide tenancy contracts and utility bills to renew visas.

Camel Milk Up 20% Per Year

Camelicious’ umbrella company has revealed huge growth in sales since its inception.

JAFZA Prices $650m Sukuk

The seven-year Islamic bond was launched at a profit rate of seven per cent, arranging banks said.

Most Expensive Cities In MENA

Beirut beats Abu Dhabi to reach the regional top spot on Mercer’s global cost of living study.

Saudi Eyes Joint Grid With Turkey

The Kingdom’s cabinet has approved authorities to hold discussions with Turkey for a joint electricity grid.

Kuwait’s Index At Four Month Low

Political uncertainty has resulted in economic uncertainty for the country as markets drop.

Kuwait’s Social Minister Quits

Ahmed al-Rujaib steps down from social affairs and labour post just one month after finance minister left.

MENA Stocks Could Double By 2014

Arqaam Capital says that the regional corporate bond market will also grow substantially by 2014.

Mubarak’s Health “Very Critical”

Former Egyptian president Hosni Mubarak is in a critical condition and needs urgent care, his lawyer has said.

Brent Prices Drop Below $97

Concerns about the Eurozone debt crisis pushed crude oil prices towards its lowest so far this year on Tuesday.

ME Airlines To Post $400m Profit

Regional airlines are expected to see profits drop in 2012 because of the Eurozone crisis, says IATA.

Dubai Safest City For Business

The UAE city has ranked as the safest place in the Middle East to do business, and 29th in the world.

Dubai Properties Gets New Board

Dubai Properties Group’s new board will set up its long-term business strategy and oversee implementation.

Oil Prices Reach Above $102

The $125 billion aid package received by Spain to boost its banks has revived oil demand hopes.

UAE Posts $11bn Fiscal Surplus

The UAE’s revenues rose 41 per cent to Dhs440.1 billion in 2011, mainly due to high oil prices, said IMF.