FIFA’s Blatter: Only “An Earthquake” Will Stop Qatar From Hosting World Cup

The FIFA President said that both Qatar and Russia will retain their World Cup hosting rights even as the football governing body voted to publish Michael Garcia’s investigative report.

Jim Kouzes: What Makes A Good Leader?

Jim Kouzes, co-author of the ‘The Leadership Challenge’, gives his insight into what makes a good buisness leader.

Exclusive: Flydubai CEO On The Low Cost Airline’s Meteoric Rise

Ghaith Al Ghaith describes how flydubai became the Middle East’s largest short-haul airline in just five years.

Egypt Charges Captain, Officer Of Kuwaiti Ship With Manslaughter

The accident, which took place earlier this month, killed 25 Egyptian fishermen.

Egypt’s Sisi Meets Qatari Envoy, Signalling Possible Detente

Ties between Cairo and Doha deteriorated after Sisi removed the previous president Mohamed Mursi from power in July 2013 following mass protests against his rule.

Saudi Forces Kill Four Militants In Awamiya – Interior Ministry

The dead were behind the killing of a member of the security forces and wounding of another last week, a ministry spokesman said.

Bomb Blast In Bahraini Shi’ite Village Wounds Three Policemen

The bomb explosion occurred in Bani Jamra, a Shi’ite village northwest of the capital Manama.

Oman Sovereign Fund Boosts Buying Of Local Stocks

The organisation’s executive president said that the fund has been investing heavily in Muscat Securities Market, taking advantage of the fall in prices.

Raytheon Wins $2.4bn Contract For Qatar Patriot System

The contract, announced by the U.S. Department of Defense, includes spare parts and is due to be completed by April 30, 2019.

Middle East Ranked Among Top 10 Global Luxury Markets In 2014

Increased tourist flows to the region have catapulted the Middle East into the top global market for luxury spending, a new report says

UAE Says Oil Price Drop Won’t Last, Market To Return To Balance

UAE Oil Minister Suhail Bin Mohammed al-Mazroui said that all players must shoulder their responsibilities to reach market balance.

BlackBerry To Launch New Classic In UAE Before Year-End

The phone, priced at Dhs1799, is modeled around BlackBerry’s popular Bold 9900.

Saudi Arabia’s Naimi Says Difficult For OPEC To Cut Oil Output

Saudi Arabia, the largest producer in OPEC, will stick to its policy to maintain output, Naimi said, according to state news agency SPA.

Bahrain May Start Importing Russian Gas From 2017

A senior official said that gas will be transported by sea from Russia to Bahrain but did not specify the amount of gas that will be imported.

Kuwait Says Accepts Iraq Request On Gulf War Reparations

A UN official said that Iraq has requested a one-year deferral of a $4.6 billion reparations payment for destroying Kuwait’s oil facilities during the Gulf War.

Kellogg Outbids Abraaj For Third Time In Race For Egypt’s Bisco

Kellogg said on Thursday that it would improve its offer to 86.36 Egyptian pounds per share, hoping to secure the deal.

Saudi Crude Oil Exports Rise To Almost 6.9m bpd In October

The OPEC member exported 6.897 million barrels per day of crude in October, up from 6.722 million in September.

Dubai’s DP World Says Shareholders Back EZW Buy, London Delisting

The assent was granted at a meeting on Thursday, with the proposals receiving near-unanimous support from independent shareholders, DP World said.

Stock News: Gulf Markets Surge As Oil Rebounds; Dubai Up 13%

Stock markets in Saudi Arabia and the UAE soared on Thursday as the price of oil rebounded.

UAE’s Abraaj Group Buys Stake In Algeria-Based Logistics Firm

The company did not disclose the value of the deal of the size of the stake it acquired in FBA.

Dubai’s ENOC Slashes Retail Diesel Charges As Oil Price Plummets

The fuel retailer said that the price reduction is in line with the international crude oil price trends.

Stock News: UAE Markets Soar On Stronger Oil; Dubai Up 7.7%

The price of brent crude for February delivery settled up two per cent at $61.18 a barrel on Wednesday.

UAE Regulator Urges Brokerages To Obey Margin Trading Rules

The SCA also stressed that brokerages must inform clients of any shortages in their margin accounts on a daily basis.

Dubai’s Drake And Scull Mulls Share Buyback

The company’s shares have plunged 42 per cent since the end of October as part of a panic sell-off in the Gulf.

Sheikh Mohammed Launches New Strategy, Dubai Plan 2021

The plan outlines the emirate’s development framework over the next seven years.

Qatar 2022 World Cup: FIFA Ethics Investigator Garcia Resigns In Protest

The former US prosecutor said he had lost confidence in the independence of the FIFA ethics committee’s adjudicatory chamber.

Two UAE And Two Egyptian Military Officers Die In Plane Crash

The officers were killed on Wednesday when their plane crashed during a joint exercise in Egypt.

Dubai, Bahrain Bourses To Simplify Share Transfer

Shares of three Bahraini companies are listed on DFM and accounted for one tenth of the bourse’s traded value this year.

Abraaj Tops Kellogg Again In Bisco Misr Takeover Battle

The regulator has yet to approve Abraaj’s new offer.

Qatar Risks Losing World Cup Without Job Reform-Zwanziger

The official said that the Gulf state has not established an independent commission to monitor human rights across its construction sites.