Dubai’s DP World Posts 4.4% Rise In Q1 Gross Container Volumes

Gross volumes totalled 15 million 20-foot equivalent units (TEU) in the opening three months of 2015.

India Seeks First Cut In LNG Imports Under Qatar Deal

New Delhi plans to use a 10 per cent reduction permissible under a 25-year contract with Qatar’s RasGas.

Revealed: Top 10 Cities With The Highest Skyscraper Rents

Dubai is ranked 16th spot on the index, with prime office rents remaining flat since H2 2014.

Saudi’s Itqan Capital To Add Brokerage, PE Fund To Services

The new business will be developed as a joint venture with Bahrain-based brokerage Mubasher Financial Service.

Japan’s Inpex In Talks To Obtain New Abu Dhabi Concession

Inpex was one of 11 firms that bid for stakes in the concession covering Abu Dhabi’s 15 principal onshore fields.

Two Die As Saudi Military Plane Crashes During Training

The plane belonged to the King Faisal Air Academy, a military flight school in Riyadh, the Saudi Press Agency said.

Serbia Seals Deal With UAE Developer For Controversial Belgrade Makeover

Developer Eagle Hills plans to spend $3 billion on building the mega mixed-used Belgrade Waterfront project.

Saudi Ma’aden’s Gold And Metals Unit Gets SAR1.2bn Loan

The loan will be repaid in 14 installments spread across seven years.

Saudi Sipchem Says Plant Shutdown Cost $4.8m

The closures lasted between 20 and 26 days.

Dubai Q1 Real Estate Transactions Total Dhs64bn, Indians Top Foreign Investors

Indian nationals accounted for Dhs3.040 billion of the total.

Dubai Financial Market Q1 Net Profit Falls 69%

The firm made a net profit of Dhs67.7 million ($18.4 million) in the three months to March 31.

Bahrain Real GDP Up 4.5%, 4% Growth Expected 2015-16

The country’s hydrocarbon sector also grew stronger than expected, up three per cent.

Qatar Paid $26bn To Host World Cup – Report

The total included legitimate trade deals in the course of lobbying in the run up to the 2010 vote for the tournament, the UK’s Mail on Sunday said.

Bahrain’s Investcorp Appoints Kirdar As New Chairman

Kirdar will replace Abdul-Rahman Salim al-Ateeqi, who will retire as chairman at the end of the current fiscal year on June 30.

Saudi PetroRabigh Starts Maintenance Work On VDU Unit

The firm said the effect of the work on its financials was unclear and would be announced at a later date.

Iran Summons Saudi Diplomat Over Plane Interception In Yemen

ISNA said two Iranian cargo planes carrying food and medicine to Yemen had been forced by Saudi jets to leave Yemeni airspace.

ISIL Behind Riyadh Police Deaths Say Saudi Authorities

Mohammed Abdulrahman Abu Niyan, 23, has confessed to carrying out the shootings on behalf of ISIL.

As Yemen Bombing Slows, Saudi May Struggle With Peacemaker Role

Riyadh now faces a test of its diplomatic skills in trying to arrange talks among Yemen’s fractious elites.

Dubai’s DP World Eyes Dollar Bond – Sources

The Dubai-based firm could raise between $750 million and $1 billion from the bond.

Kuwait Deports Political Activist To Saudi Arabia

Saad al-Ajmi, spokesman for the Popular Action Movement (PAM) was reportedly deported.

Dubai ‘Can Take A Canopy’ Says Hilton Brands Chief

Hilton’s new neighbourhood brand targets districts with strong local flavour

Cheap Oil Slows Saudi, UAE Projects But Qatar, Kuwait Rise -ADCB

The total value of projects awarded in the GCC climbed to above $40 billion in Q1 2015.

Saudi Cable Co Signs $171m Debt Restructuring

The company is also holding talks with another bank about the possibility of restructuring a further SAR99.6 million of debt.

Saudi’s Mobily Says Board Recommends Not Paying Q1 Dividend

Mobily, which is under investigation by the bourse regulator, reported a first-quarter loss of SAR199 million ($53 million).

Qatar Faces High Risk Of Cyber Attacks During FIFA 2022 World Cup

Large scale events such as the upcoming football tournament are more vulnerable to cyber attacks, says expert.

Abu Dhabi’s Masdar City Launches Solar-Powered Eco-Villas

The four-bedroom villa concept includes an array of solar panels that will generate approximately 40,000 KWh per year.

First Gulf Bank Quarterly Profit Falls Short Of Estimates

The third-largest lender by assets in the UAE, made a net profit of Dhs1.42 billion for Q1 2015.

Commercial Bank of Qatar Net Profit Falls 15.3%, Misses Forecasts

The bank earned a net attributable profit of SAR452.3 million ($127.1 million) for the three months to March 31.

Dubai’s Emirates NBD Forecasts 5% Loan Growth For 2015

ENBD’s loan growth climbed by four per cent in the first quarter of the year.

Bloom Launches Dubai Marina Residential Tower

Construction work on the project is set to begin in the first half of this year.