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Growing The Gulf As An Aviation Hub

The region’s aviation future looks bright, but attention must be paid to capacity and safety challenges, says Hussein Dabbas, MENA regional vice president for the International Air Transport Association (IATA).

Boeing Values Future ME Market At $550bn

The plane manufacturer predicts the region will need 2,610 new airplanes over the next 20 years.

Landmark Plans Major GCC Expansion For Sports One

The retail conglomerate plans to expand open 34 new Sports One stores across the region by 2016.

GCC Has 61 Private Banks – New Report

Almost half of them – 31 – are international banks, all located in Dubai, says study by Insight discovery.

OPEC Oil Output Remains Higher Than 2014 Demand

OPEC forecast demand for its oil in 2014 will average 29.57 million barrels per day.

E-Retail Should Complement Malls – Tejuri Boss

E-content in e-commerce platforms are driving overall sales, industry experts say.

Twitter Shares Found Suitable For Islamic Investment

The social media company’s share price soared in last week’s New York Stock Exchange debut after a $1.8 billion initial public offer.

Renault Middle East Reports 34% Sales Rise

The French manufacturer saw a 38 per cent sales rise in Abu Dhabi and a 33 per cent increase in Dubai.

The Global Pilot Shortage

As the international aviation industry expands, will there be enough trained pilots to fly the planes?

Regional Instability Threatens Gulf Food Security

Over 80 per cent of the Gulf’s wheat comes through the Suez Canal and 80 per cent of its rice supply through the Strait of Hormuz.

Islamic Capital Markets To Provide Major Stimulus For Economic Growth

Rising international demand for infrastructure and investment project financing is likely to stimulate growth in the UAE, Qatar and Saudi Arabia.

High Times For Private Aviation

With a new business aviation hub in Dubai’s DWC and growing competition, the market for private jets looks set to reach new heights.

Gulf Draws Foreign Money As Arab Spring States Struggle

Gulf equity and debt markets have boomed, partly on the back of inflows of foreign money, while markets affected by the Arab Spring have struggled.

Middle East Sunglasses – A Saturated Market?

Marco Bonapace, founder of Vision EyeWear, explains how boutique brands can crack the sunglasses market.

Surging Gulf Arab Car Sales Underline Consumer Boom

Dubai’s foreign trade in motor vehicles jumped 18 per cent to Dhs32 billion in the first half of 2013.

Egypt Impacts Marriott MEA RevPAR

Global operator wrestles with “difficult market” but remains committed to MEA expansion.

Yasser Arafat Was Murdered With Polonium – Widow

A team of experts opened Arafat’s grave in the West Bank city of Ramallah last November to seek evidence of alleged poisoning.

UAE Begins Trial Of Egyptians, Emiratis Over Brotherhood Ties

Twenty Egyptians and 10 Emiratis are charged with setting up an illegal branch of the Muslim Brotherhood in the UAE.

Middle East To Drive Global Energy Demand

The Middle East, along with other rapid growth markets, will provide expansion opportunities for MENA’s oil and gas companies.

Middle East, Asia And Africa Spearhead IHG’s Q3 Growth

The three regions led IHG’s growth in the third quarter with strong performances in the UAE and Saudi Arabia.

GCC’s Oil Gift Gives Egypt New Headaches

Saudi Arabia has become the biggest fuel supplier to Egypt, sending gasoline and gasoil as well as cooking and heating gases like propane and butane.

OPEC Oil Output Hits 2-Year Low In October

OPEC’s supply averaged 29.90 million barrels per day, down from a revised 30.01 million bpd in September.

Morgan Stanley Sees Worst Over For Middle East Banking

The American bank is targeting clients looking for advice on complex transactions that require global expertise

Gulf’s Tech Market “White Open Field” – Dell President

Marius Haas, president of Enterprise Solutions at Dell, spoke exclusively to Gulf Business at Gitex Technology Week 2013.

Gulf Rail Project Construction Plan On Track

If the railway is completed, it could have a major impact on the Gulf economy by stimulating trade and limiting consumption of fuel for road travel.

Arab States Import Brazilian Coffee Worth $117.6m From Jan-Aug

The South American nation exported 46 tonnes of coffee to the Arab region during the first eight months of 2013.

UAE To Help Egypt Build Wheat Silos To Hold 1.5m Tonnes

The silos will form part of the UAE’s recently announced $4.9 billion aid package to Egypt

Emaar Launches $3bn Project In Iraqi Kurdistan

The “Erbil Downtown” project is due to be completed in three stages over a period of around five years

GCC Automotive Aftermarket Worth Billions

The Middle East is one of the world’s fastest-growing markets for automotive products.

UAE Signs $4.9bn Aid Package To Egypt

Over $1 billion of the money pledged will go to supply Egypt with fuel