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Britain Exports 50,000 T Barley To Saudi Arabia

Britain exported 42,000 tonnes of barley to Saudi Arabia during the 2012/13 season according to customs data.

RBS To Boost Mideast, Africa Trade Finance After Regional Revamp

The bank’s retail business in the UAE was sold to Abu Dhabi Commercial Bank in 2010.

Barclays Called Reckless Over $511m Payments To Qatar Investors

The payments were made under “advisory service agreements” linked to Barclays’ emergency fundraising with Qatari investors.

Ex-Barclays Team Plans London-Based Islamic Asset Firm

Arabesque is due to open to investors in the first quarter of 2014 and will focus on value-based investment strategies.

Dubai’s DAE Ends Merger Talks With BBA

The companies were holding talks to merge certain parts of their businesses.

Saudi Prince Buys 50% In Sheffield United

Prince Abdullah bin Mosaad bin Abdulaziz Al Saud has promised to invest substantial new capital into the club.

Dubai Aerospace In Talks To Merge Assets With BBA Aviation

BBA was holding talks with its U.S. rival StandardAero over a $4.2 billion tie-up.

Saudi British Bank Plans Sukuk Sale

HSBC is advising SABB on the potential riyal-denominated sukuk issue to boost its Tier 2 capital position.

Britain Operates Secret Monitoring Station In Middle East

The station is part of a $1.56 billion global eavesdropping project, say reports citing leaked documents from Edward Snowden.

Dubai Registered Lamborghinis Seized In London

Two Lamborghinis have been seized for being uninsured as London police use a rare Aventador to highlight awareness.

Britain To Reopen Yemen Embassy On Sunday

The Foreign Office said on August 6 it had withdrawn all staff from the embassy due to a high threat of kidnapping.

Dubai’s Leeds Utd Owner Sells More Than Half Stake

GFH Capital offloaded a 10 per cent stake to Bahrain-based International Investment Bank earlier this year. It has now sold a total of more than half the shares.

UAE’s Abraaj and UK’s CDC Invest $17.5m In India’s Rainbow Hospitals

Rainbow Hospitals, a specialised maternity and paediatric healthcare chain, is based in Hyderabad, India.

Exclusive Interview: Rory Tapner, Coutts CEO

Rory Tapner, Coutts CEO, reveals how the UK’s most famous private bank is set on carving out a slice of the region’s rapidly growing wealth.

Kuwait’s Kout Buys British Roadside Dining Chain Little Chef For $23m

The Kuwaiti form bought Little Chef from private equity firm RCapital.

Iranians May Have Abducted Briton In Dubai -UK Government Source

Abbas Yazdi, a British-Iranian citizen, was reported missing on June 25.

Pictures: Celebrations For The Birth Of UK’s Royal Baby Boy

The prince, third in line to the throne, was born to Kate and William on Monday.

UK’s Royal Baby Born: Duchess Gives Birth To Boy

Prince William and Catherine Middleton married in April 2011. This is their first child, becoming the third in line to the throne.

Oman’s Renaissance Sells Unit To UK Interserve For $46m

The UK group bought Topaz Oil and Gas to expand its growth in the Middle East.

London Remains Safe Haven For Middle East Property Investors

However, GCC investors are looking beyond traditional luxury hotspots such as Mayfair and Knightsbridge.

Kuwait Fund Says More Than Doubled UK Investment In Past 10 Years

Kuwait Investment Authority, which has around $342 billion assets under management, has increased investment in Britain to over $24 billion.

BAE Hopeful For UAE Eurofighter Decision This Year

Dassault’s Rafale jets and the BAE Systems-backed Eurofighter have been locked in competition for the deal to replace at least 60 of the UAE’s Mirage fleet.

Dubai-Based Businessmen Named In HM Queen’s Birthday Honours List

Mark Beer becomes an OBE and Joseph Tabet an MBE, in recognition of their work to promote UAE-UK ties

Emirates Plans Indoor Aviation Theme Park In London

The 330 square metre facility will highlight operations and achievements of commercial air travel.

UBP Snaps Up Lloyds International Private Banking Arm

Lloyds also said on Wednesday that it would close its business in Dubai and intended to withdraw from South Africa.

UK Expats – Are You Liable To Tax Back Home?

The UK’s new residency criteria could have major consequences for some expats, says James Thomas, regional director at Acuma Independent Financial Advice.

Britain’s Islamic Bank BLME Seeks Stronger Gulf Ties – CEO

The Bank of London and The Middle East plans to open an office in Dubai this year to help boost its capital markets.

Qatar’s QPI Hopes To Extend Centrica North America Deal

Centrica and QPI said in April they would buy Suncor Energy Inc’s gas business in Canada for C$1 billion ($986.73 million) in their first acquisition.

UK Backs Dubai As Expo 2020 Host

Regional diversity makes Dubai the first choice for Expo 2020 bid, says UK minister.

Exxon And Qatar To Ship US Natural Gas To Britain

Under the deal, the companies would send up to 15.6 million tonnes of LNG each year to their South Hook terminal in Wales from the Golden Pass plant in Texas.