Mall Of The World, Dubai Design District To Be Showcased At Cityscape

Major projects being developed by Dubai Holding and its units, Dubai Properties and Tecom Investment will be displayed during the upcoming property show.

Zain Bahrain Extends IPO Subscription Period By Two Weeks

No reason was given in the statement for the extension, which moves the closing date for investors to buy shares in the initial public offer to September 30.

Kuwait’s Americana Says Major Shareholder Evaluating Options On Stake

The Kharafi family is the billionaire majority shareholder with 66.8 per cent of the firm.

New iPhone 6, iPhone 6 Plus Get Rave Reviews, Called “Excellent”, “Beautiful”

Apple launched the new phones on September 9, and they go on sale from September 19 onwards.

Stock News: Emaar Malls IPO May Temporarily Take Away More Money From Dubai

Emaar Properties said that institutional investors had fully subscribed to their tranche of the $1.58 billion IPO of EMG.

Qatar Airways Takes Delivery Of Its First Airbus A380

CEO Akbar Al Baker said Airbus was not to blame for the delayed delivery of the world’s largest airliner.

Saudi Court Sentences Two To Death, Jails 13 Over Attack

Saudi Arabia has arrested thousands of suspected militants since al Qaeda supporters waged a wave of attacks on residential compounds for foreign workers and on Saudi government facilities.

Qatar Regulates Charities After Western Concern Over Islamic State Funding

Qatar’s ruler approved a law to regulate charity organisations involved in politics, as well as those that sent money abroad or received foreign financing.

Aluminium Bahrain May Look Into Additional Listing In Saudi

Since listing in November 2010 on Bahrain’s index, Alba stock has struggled.

Mobile Operator Ooredoo Kuwait Cuts 165 Jobs As Market Share, Profits Shrink

The job losses account for about 15 per cent of its workforce.

New UAE Rules Aim To Develop Local Currency Bond, Sukuk Markets

The Securities and Commodities Authority (SCA) has outlined rules to make it faster and cheaper for firms to issue conventional and Islamic bonds.

Abu Dhabi’s TDIC Launches Mega Residential Project In Saadiyat Island

The development will feature nine low-rise residential buildings including apartments and townhouses positioned in five clusters that are 250 metres long each.

Saudi Corporate Earnings Growth Set To Jump Before Bourse Opening

The combined net profits of Saudi Arabia’s leading companies are expected to rise 17 per cent in 2014.

Gulf Business Industry Awards 2014: Companies Of The Year

Revealed: The winning companies of the year from retail, tourism, media, energy, banking, healthcare, aviation, IT and real estate.

Egypt Reaches $8.5bn Funding Goal For Suez Canal Expansion

The Suez Canal project includes the development of 76,000 sq km around the canal into an international industrial and logistics hub.

Islamic State Supporter Warns Of Attacks Against U.S – SITE

The posting on the Minbar Jihadi Media website condemned “intervention in the affairs of other peoples” and said it would trigger an equal response, SITE said.

Gulf Business Industry Awards 2014: Special Individual Winners

Revealed: H.E. Mohamed Alabbar, chairman of Emaar, was handed the prestigious Lifetime Achievement Award of the year.

Saudi’s Savola Says JP Morgan To Advise On Possible Stake Buy In Americana

Savola said in August it had held preliminary talks with one of Americana’s largest shareholders about buying a stake in the firm.

Qatar Rejects Accusation It Sent Weapons To Libya

In a statement to Qatar’s news agency, Assistant Foreign Minister for Foreign Affairs Mohammed bin Abdullah Al Rumaihi described the allegation as misleading and unfounded.

Bahrain’s Investcorp Buys U.S. Real Estate Assets For Around $250m

The properties are in Durham, North Carolina, Seattle in Washington, and Jacksonville in Florida, the company said in a statement.

Dubai’s Arabtec Says Unaware Of Potential Stake Sale By Ex-CEO

Arabtec said it “does not have the information” on such a deal, it said in a bourse statement.

UAE’s ENEC Gets License To Build Two Nuclear Reactors

ENEC is expected to apply for a separate operating license before it can operate the reactors as the current approval only covers the construction of the units.

Revealed: Winners At The Gulf Business Industry Awards 2014

The Gulf Business Industry Awards 2014 winners were chosen by a panel of independent judges and public voting.

Dubai’s Emaar Says First Tranche Of Malls IPO Already Covered

Emaar is aiming to raise as much as Dhs5.8 billion ($1.58 billion) from the offer of shares in Emaar Malls Group (EMG).

Qatar National Bank Lifts Ecobank Stake In $283m Deal

The purchase comes after QNB acquired a 12.5 per cent stake in Ecobank from Nigerian “bad bank” Asset Management Company of Nigeria (AMCON) this month.

Thai PTT And Saudi Aramco In Joint Vietnam Petrochemical Project

State-controlled PTT and Aramco will each own 40 per cent of the project at Binh Dinh’s Nhon Hoi economic zone, with the Vietnamese government holding the remaining 20 per cent.

Dubai’s Omniyat To Unveil Three Mega-Projects Worth Dhs3.5bn At Cityscape

The upscale residential developments will be located in Palm Jumeirah, Dubai Maritime City and Downtown Dubai.

Dubai Firms Eye Sharjah For Bulk Staff Housing

Increased demand for bulk staff housing from Dubai firms has caused rents in Sharjah to rise, a Cluttons report says.

Ex-CEO Of Dubai’s Arabtec Agrees To Sell Stake To Aabar

Sources say that Hasan Ismaik has finalised the sale of stake in Arabtec to Aabar and the deal will be announced soon.

Iran’s Leader Ayatollah Ali Khamenei Leaves Hospital After Operation

Official media said the 75-year-old Iranian leader was in good health.