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Samsung Unveils Galaxy Note 4 With Extras, But No Breakaway Features

The new Galaxy Note 4 features a crisper, 5.7-inch display in a metal frame.

Dubai Islamic Bank Rules Out Controlling Stake In Indonesian Lender

DIB plans to increase its stake in Bank Panin Syariah to 40 per cent from the current 25 per cent, its CEO said.

Qatar Telco Ooredoo’s Myanmar Start-Up Focuses On Pay-As-You-Go

Ooredoo and Norway’s Telenor Group last year won telecom licences in the southeast Asian country, whose mobile penetration is about 10 per cent, among the lowest globally.

UAE’s Masdar Delivers Samoa’s First Wind Farm

Located on the Samoan island of Upolu, the 550KW project was funded by UAE-Pacific Partnership Fund.

Samsung Unveils Smartwatch That Can Make Calls Without A Phone

The Gear S has a 2-inch curved display and offers features like WiFi connectivity, pedestrian navigation and a built-in GPS.

Abu Dhabi Woos Chinese Travellers

The emirate is holding a Chinese Visitor Summit to boost tourist numbers and guest nights.

Hong Kong Main Index Closes At Highest Since May 2008

The Hang Seng Index rose 0.2 per cent to 25,166.91 points.

Kuwait To Boost Oil Exports To China To 500,000 bpd In 3 Years

Last week, Kuwait concluded a new 10-year deal with a China’s Sinopec Corp to nearly double its supplies.

Qatargas Delivers First LNG Cargo To China’s Hainan Terminal

The cargo will be used to commission the new LNG terminal which CNOOC owns and will be operating soon.

Kuwait Nearly Doubles Supplies In 10-Year Oil Deal With China’s Sinopec

The exports, which will amount to 15 per cent of Kuwait’s oil export output, are estimated to be worth $120 billion.

UAE Warns Citizens To Avoid Travel To Afghanistan, South Sudan, Somalia

The ministry of foreign affairs issued the warning citing security concerns in the three countries.

Tata and Singapore Airlines Unveil Vistara

Headquartered in Delhi, the carrier will take delivery of its first plane, an Airbus A320-200, in September

Samsung, Apple End Patents Battle Outside US

The agreement ends patent disputes in Australia, France, Germany, Italy, Japan, the Netherlands, South Korea, Spain and the UK.

Dubai’s Depa Wins New Contracts Worth Dhs300m In Singapore, Netherlands

The contracts were awarded to subsidiaries of the interior contracting company.

India Keeps Policy Rate Unchanged, Sounds Tough On Inflation

The Reserve Bank of India (RBI) left the repo rate at 8.00 percent, as expected by nearly all 43 economists surveyed for a poll published last week.

UAE’s Oil Exports To Japan Drop 14.4% In June

The Gulf state, Japan’s second biggest oil provider, exported 23 million barrels during the month.

UAE’s Just Falafel Enters India, Opens First Restaurant In Bangalore

The UAE-based fast food chain has teamed up with Prism Properties to open its outlet in the South Indian city.

UAE’s TAQA Pulls Out Of $1.6bn India Power Deal

In March, TAQA said a consortium led by it had agreed to buy the two power plants from Jaiprakash Power Ventures.

Flydubai To Start Flights To Mumbai From October

The low-cost carrier will operate direct flights to the Indian city five times a week from October 28.

Japan To Count Saudi, UAE Crude Storage Toward Reserve Goals

Japan has been lending 10.7 million barrels of crude tank capacity to the two countries.

Emirates To Start A380 Mumbai Flights

The start of double-decker services marks the end of a long negotiating road for Emirates and start of new passenger transfer opportunities

Private Banks Not First Choice For Wealthy – StanChart Report

The majority of high net worth business owners prefer consulting lawyers and accountants over their private banks for planning their wealth transfer to their successors, a new study finds.

Etihad Signs Partnership With Philippine Airlines

The agreement covers codeshare flights, loyalty programmes, airport lounges and the coordination of airport operations.

India’s New Budget Targets Growth, Jobs

Finance Minister Arun Jaitley also raised limits on foreign investment in defence and insurance ventures to 49 per cent from 26 per cent.

India, UAE Discuss Strategic Oil Storage Lease – Sources

ADNOC is reportedly planning to take up to two million tonnes capacity in India.

Etihad Increases Frequency On Indian Routes

Double-daily frequencies will be operated to Bangalore, Chennai, Kozhikode and Hyderabad.

Abraaj To Consider Options For Pakistan K-Electric Stake

Abraaj bought a controlling stake in KES Power, the majority shareholder in K-Electric, in 2009.

It’s Asian Bonds, Not Equities, That Are Too Rich

The tricky part for investors is to precisely time their exit from bonds.

Qatar Airways Starts Tokyo Haneda Flights

Doha carrier now serves both city hubs and is the latest carrier to fly to the more conveniently located airport

Bahrain’s Batelco Wins $211.1m From Indian Partner

Batelco, via wholly-owned subsidiary BMIC, had sued Chennai-based Siva and its chairman Chinnakannan Sivasankaran.