Qatar Airways Flight Makes Unscheduled Landing Due To Unruly Passenger

The airport had earlier said the flight, which was headed to Doha, was diverted due to a minor medical issue.

U.S. Concerned Over Detention Of Bahraini Opposition Leader

The U.S. State Department said that it was concerned that an arrest of such a senior leader could inflame tensions in the country.

Dubai’s Emaar Eyes Strong Growth As It Revamps Organisational Structure

Under the new structure, the company will focus on carrying out professional project management, ensure timely delivery of all projects and improve its customer service.

Egyptian Court Orders Retrial Of Al Jazeera Journalists

Three journalists are expected to remain in jail until they appear in a new court for retrial, a defence lawyer was quoted as saying.

Bodies From Crashed AirAsia Plane Arrive In Indonesian City

Seven bodies have been recovered from the sea, some fully clothed, which could indicate the Airbus A320-200 was intact when it hit the water.

Oman Postpones 2015 State Budget Announcement

A news conference on the budget was scheduled to be held at 10 a.m. local time.

Oil Ends On A Low After Halving In 2014 As OPEC Stands Aside

Oil prices have collapsed this year as the OPEC opted to maintain the same level of output despite a supply glut.

Turkey Unit Of Kuwait Finance House Secures $350m Islamic Loan

The dual-currency murabaha transaction for Kuveyt Turk was arranged in two tranches.

Emaar Properties Names Amit Jain As Group COO

Jain was previously executive director of finance and group chief financial officer at Emaar, according to the company’s website.

At Least 26 Killed In Suicide Bombing In Central Yemen

No one claimed responsibility for the suicide bombing, but it resembles previous attacks carried out by al Qaeda in the Arabian Peninsula (AQAP).

Saudi King Undergoing Medical Tests In Riyadh Hospital

The monarch, who took power in 2005 after the death of King Fahd, has undergone surgery in the past few years related to a herniated disc.

Oman’s State Council Rejects Proposal To Tax Expat Remittances

The council said that such a tax would have a negative impact on the country’s investment prospects.

Stock News: Gulf Markets Mixed In Thin Trade

Dubai’s stock index edged up 0.5 per cent in relatively thin trade while Abu Dhabi’s bourse was up 1.6 per cent.

Bank Muscat Sells Oman Brokerage Business To Gulf Baader

The decision to sell the business was due to the bank’s review of “strategic alternatives and operational priorities”, a statement said.

Abraaj Pulls Out Of Bidding For Egypt’s Bisco Misr

Abraaj did not give a reason for its withdrawal from the bidding process, but said the orderly and transparent process had underlined growing investor interest in Egypt.

Saudi Takween To Buy Savola Packaging Unit For SAR910m

The purchase will be financed through a syndicate of Saudi banks, to be announced later and conditional on Takween shareholders’ approval, a statement said.

Oman To Announce 2015 State Budget On Thursday

Oman has been considering a range of spending cuts and tax rises, including a levy on the remittances of foreign workers.

Fire At Libyan Oil Port Destroys Up To 1.8m Barrels Of Crude

The Es Sider terminal and nearby Ras Lanuf stopped working three weeks ago when fighting broke out between rebel groups and government forces.

Clashes Erupt Outside House Of Detained Bahraini Opposition Leader

Sheikh Ali Salman, head of the al-Wefaq Islamic Society, was arrested on Sunday after leading a protest rally against last month’s elections.

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OPEC Oil Output Hits Six-Month Low In December On Libya

Supply from OPEC averaged 29.98 million bpd in December, down from a revised 30.25 million bpd in November, according to a survey.

Dubai Shares Drop Most In World As Gulf Markets Slump On Oil

The DFM General Index tumbled 5.4 per cent, the steepest retreat since December 16.

Russia Turmoil Slows Traffic Growth At Dubai Airport

Passenger traffic related to Russia and other countries in the Commonwealth of Independent States plunged 18.2 per cent from a year earlier in November, Dubai Airports said.

ENOC Continues To Slash Diesel Price As Oil Drops

The fuel retailer has slashed the price of diesel by an additional 20 fils to Dhs3.10 per litre as of December 30.

Kuwait’s CBK Cuts Stake In Boubyan Bank To 17.7%

The identity of the buyer of CBK’s holding in Boubyan was not immediately clear.

Qatar Says Holders Of 32% Of Songbird’s Free Float Support Bid

Songbird’s management earlier this month said an offer from Qatar undervalued the London based-developer.

Saudi Sipchem Starts Testing $40m Ethylene-Vinyl Acetate Plant

The start-up phase will involve testing equipment at the plant, which has annual production capacity of 4,000 tonnes, a statement said.

AirAsia A320 Debris Found In Ocean As First Bodies Retrieved

The Indonesian Navy spotted objects suspected to be an emergency door and underwater objects resembling a plane, a senior official said.

Saudi Arabia Denies Rumours About Public Wage Cuts

Unnamed government official denies comments on social media about the government mulling a reduction in public expenditure.

Saudi’s Riyad Bank Recommends H2 2014 Dividend

The bank said that it will give a dividend of 35 halalas per share, down from 80 halalas from the same period last year.

Stock News: Gulf Markets Drop As Oil Hits Fresh Lows

Dubai’s index tumbled 5.0 per cent as most stocks declined.