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BAE Systems Falls After UAE Halts Eurofighter Talks

The company had been in discussions with the UAE about a deal possibly worth around $9.82 billion.

TAQA Receives UK Approval For North Sea Development

The Morrone field is expected to initially produce over 3,000 barrels of oil equivalent per day.

UAE Nationals Exempt From EU-Schengen Visa

The decision has been passed by the EU Council of ministers, but requires final approval from the European Parliament.

France Should Allow Headscarves, Arabic In Schools – Report

An estimated five million Muslims, originating mostly from former African colonies such as Algeria and Morocco, live in France.

US, Britain Have Not Helped Syrian Rebels Enough – Saudi Prince

Former Saudi intelligence chief Prince Turki bin Faisal said the two nations did not provide the necessary aid to the rebel unit.

UK Introduces Electronic Visa Waiver For Emiratis

The document is issued immediately via a secure website and can be obtained online from anywhere in the world.

Etihad Mulls investment In Alitalia

The Abu Dhabi carrier is expected to decide on whether to buy a stake in the troubled Italian airline “just before Christmas”, a source said.

Saudi Aramco Said to Supply Full January Crude Volume to Europe

Aramco has the option to reduce monthly sales volumes to term buyers.

EU Scraps Duty On Jet Fuel Imports

European demand for jet fuel totaled 1.2 million barrels per day last year, of which one third was imported, mostly from the Middle East.

Kuwait Buys London Mayor’s Headquarters For $2.8bn

When completed formally next month, the sale will be one of the largest UK property deals ever.

Majority of Finance Executives Are “Flexible” On Ethics

A study found that there is a significant gap between the belief about ethics and industry practices among finance executives.

Damac Raises $348m In London Share Sale

The Dubai developer is now valued at $2.65 billion.

Bahrain PM’s Role In Disputed Aluminium Deals Probed At UK Trial

Businessman Victor Dahdaleh is on trial accused of paying some $67 million in bribes to former Alba managers.

First Eurozone Islamic Bank Planned For Luxembourg

The consortium plans to launch the new lender in the fourth quarter of 2014.

Dubai Holding Unit Mulls Sale Of German Packager Mauser

The deal is expected to be worth between 1 billion euros ($1.4 billion) and 1.5 billion, sources say.

Qatar Airways Launching Edinburgh Flights Next May

Scottish city will be Qatar’s third UK destination and means the country’s two key cities will shortly be served by two Gulf carriers.

Dubai Airshow: Airbus Considers A320 Production Increase

Airbus currently produces 42 of the current version of the A320

Air Serbia’s $1bn Fleet Expansion ‘Part Of Etihad Order’

The carrier ordered 10 A320neos at the Dubai Airshow which are due to be delivered between 2018 and 2020.

Etihad Boosts European Network, Launches New Zurich Route

The move follows the Abu Dhabi carrier’s acquisition of a 33.3 per cent stake in Swiss airline Darwin.

Dubai Airshow: Etihad Rebrands Swiss Carrier Darwin With 33% Stake

Following completion of the deal, Darwin will be rebranded as Etihad Regional.

UK PM Cameron Meets Dubai Ruler, Backs 2020 Bid

As part of an official UAE visit, David Cameron also visited Dubai World Central, the venue of the Dubai Airshow.

UK Grants Visa Waiver To Emiratis

The UK is the first European country to grant a visa waiver to Emiratis.

Emirates Adding Second Daily A380 To Munich

Munich authorities will have weighed up the increased traffic benefits against the impact it will likely have on Lufthansa’s Dubai-Munich loads.

UK Eyes Further Kuwaiti Investments

London Mayor Boris Johnson hopes to attract greater Kuwaiti investments to the UK.

UK Businessman Accused Of Corrupt Bahrain Payments

Victor Dahdaleh is accused of making corrupt payments of over $63 million to the former chairman of Alba.

Britain Plans First Western Country Sukuk Issue

The new proposal is less than a fifth of the size of the original and is designed to boost London’s status rather than to diversify Britain’s investor base.

British Prime Minister Voices His Support For Dubai Expo 2020

David Cameron, Prime Minister of the UK, gives his reasons for why the emirate should host the expo.

Dubai World Central Starts Passenger Flights

European low-cost carrier starts four new services this week, projecting Dubai into the realm of two-airport cities

Deals To Be Done In Turkish Property

From Istanbul to Bodrum, Turkish real estate is not only the most affordable in Europe, it also offers some of the highest returns. Spot Blue’s Julian Walker explains how you can invest.

Gulf Funds May Take Stake In EDF’s UK Nuclear Project

French utility EDF is spending $26 billion to build two nuclear reactors at Hinkley Point in the UK