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Nokia In Talks To Buy Alcatel-Lucent

The Finnish and French companies said they were in “advanced discussions” on a “full combination.”

Total Pulls Out Of Oman Offshore Exploration Block

The French oil company failed to make commercially attractive discoveries in the block.

Dubai Developer Damac Considers London Tower Investment

The project in central London comprises 450 residential units as well as Grade A offices and retail space.

Etihad Purchase Of Darwin Stake Gets Swiss Approval

The Abu Dhabi carrier agreed to buy a 33.3 per cent stake in Lugano, Switzerland-based Darwin at the start of 2014.

Saudi Arabia’s TAQA Sets Up Firm With Norway’s Archer

The new firm will provide wireline and mechanical intervention services for oil and gas wells.

StanChart Senior CEO Shankar Quits In Latest Management Change

V. Shankar has resigned as CEO of Europe, Middle East, Africa and Americas after 13 years at the bank.

Turkish Airlines Flight Diverts To Casablanca After Bomb Threat

Flight TK15 had departed from Istanbul and was headed for Sao Paulo when a note with the word “bomb” was found in the lavatory.

Etihad Makes Entry Into Spain

Spanish capital is now served by all three major Gulf airlines

Putin Letter To Arab Summit Triggers Strong Saudi Attack

Saudi Foreign Minister Prince Saud al-Faisal has accused Russian President Vladimir Putin of hypocrisy.

Alitalia Starting Venice-Abu Dhabi Flights

New route opens up Venice to global markets and is supported by new triple-daily flights from Milan

CEO Of Bank of London and The Middle East To Resign In June

Humphrey Percy, who has served as CEO since August 2006, will also step down as a board member of the bank, BLME said.

Germanwings Airbus Crashes In France, 148 Feared Dead

The plane issued a distress call about 52 minutes after take-off, France’s president Francois Hollande said.

Airbus Increases A380 Seat Count To 544 Passengers

The increase from the previous layout of 525 seats relies on a denser cabin configuration using 11 seats in each economy row instead of the current 10.

Kuwait Renews $1bn Jet Fuel, Gasoil Supply Deals With BP

The contracts that cover 2015 will see Kuwaiti jet fuel flow through the BP system to Dubai and several European Airports, KPC said.

After Saudi Feud, Sweden Debates A “Feminist” Global Role

Sweden cancelled a defence cooperation accord with Saudi Arabia last week over rights concerns.

Jordan’s King Abdullah Urges EU To Fight “Islamophobia”

The king said that European governments must promote “mutual respect” and an “inclusive society”.

Croatia Mulls Loan From UAE To Refinance Costly Debts

The loan could be worth around $2 billion and enable the EU member to refinance debt.

Analysis: Eurowings To Start Low-Cost Dubai Flights

How will Eurowings’ new low-cost Dubai services fare next winter?

Falcon Private Bank Eyes Acquisitions As Industry Consolidates

Abu Dhabi-owned Falcon said that it will be open to deals in core markets such as the Gulf, Eastern Europe, Africa and South East Asia.

Dubai’s Emirates Says Adds $7.6bn To EU GDP

Emirates’ operations supported 85,100 jobs across the EU in the 2013-2014 financial year, the company said in a statement.

Vatican On Alert For Islamist Attack, But No Plot-Security Chief

ISIL militants have made threats against Catholic targets in Rome that have been given much space in Italian media.

Jumeirah To Open Bodrum Resort In Turkey This May

Jumeirah will soon have a second property in Turkey and second resort in Europe

UAE Court Sentences Six Iranians To Life In Jail Over British Businessman’s Kidnap

Abbas Yazdi, a businessman of Iranian descent who owns a general trading company in Dubai, disappeared in June 2013.

UAE Companies Are Biggest European Football Shirt Sponsors This Season

Firms in UAE and Qatar invested about 160 million euros this season, almost a quarter of the total spend worldwide.

EU Court Successes Complicate Sanctions Against Iranian, Russian Companies

Iranian banks’ recent successes in the EU courts are complicating sanctions ahead of June-end talks to curb Iran’s nuclear ambitions.

UK Businessman Takes Emirates To Court Over Lost Luggage

Abrar Khan claimed the airline refused to compensate him after losing his luggage en-route to Dubai.

Orascom Construction To List On Nasdaq Dubai, Egyptian Exchange

The listing followed a demerger of OCI NV’s engineering and construction business from its fertilizer and chemicals business.

Emirates Introducing A380 On Milan-New York Route

The service will begin from June 1, and raise superjumbo capacity between Dubai and Milan.

Saudi Oil Minister Discusses OPEC With Russian, Algerian Officials

Under Saudi guidance, OPEC decided last November not to cut output, allowing oil prices to plunge.

Online Food Delivery Firm Foodpanda Acquires UAE’s 24h.ae

Food delivery business 24h.ae, founded in 2011, will continue with the current management and team.