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Turkish Riot Police Clash With Protesters In Taksim Square

Demonstrations began two weeks ago and so far three people have been killed and about 5,000 hurt.

UAE’s Sharaf Retail To Hire 1,500 Staff In 18 Months

The company, which operates brands such as Sharaf DG and Forever 21, is rapidly expanding across the region.

Gulf States Pledge Sanctions Against Hezbollah Over Syria

Members of the Lebanese militant group Hezbollah intervened in Syria’s civil war in support of President Bashar al-Assad.

Middle East Investors Eye PE, Alternatives

About 69 per cent of Middle Eastern institutional investors polled by Natixis expected to increase allocations to alternatives.

Jordan Hosts US Jets And Missiles For Drills

Both Washington and Amman said on Sunday the Eager Lion exercises were not related to the war in Syria.

Dubai’s Arabtec-Led Consortium Wins $629m Jordan Project

The contract to build Saraya Aqaba was awarded to a consortium of Arabtec, Drake and Scull and Consolidated Contractors Co.

Heat-Resistant Chocolate Within Reach – Cadbury Maker

Mondelez International’s president for EEMEA said the maker of Oreo cookies has spent at least ten years on research.

The LNG Ship Is Leaving Middle East Shores

Is continuing instability and stalled LNG production in the Middle East causing the region to lose its competitive advantage?

Gulf Arab States Warn Against Travel To Lebanon

Sectarian violence fuelled by Syria’s civil war has broken out in the northern Lebanese city of Tripoli.

Middle East Airlines To Post $1.5bn 2013 Profit – IATA

Regional carriers are benefitting from increased passenger demand and high connectivity.

Kuwait’s Zain Launches Share Sale Of Iraqi Unit

The telecoms operator will offer 55.9 million shares at one dinar each.

Lufthansa Open To Future Co-operation With Gulf Airline

The German airline’s CEO Christoph Franz said that Lufthansa may enter a partnership, but there was “no rush.”

Turkish PM Erdogan Denounces Riots In Turkish Cities

Hundreds of police and protesters have been injured since riots began on Friday.

Top 10 Best Employers In The Middle East

DHL and Microsoft lead the list, finds the latest survey by Aon Hewitt.

GCC Countries To Consider Action Against Hezbollah

The GCC has called Hezbollah’s involvement in Syria “sectarian intervention”.

Middle East Debt Issuers Warm To Cross-Border Sukuk

Development of sharia-compliant hedging tools is making it easier for issuers to invest in foreign currency assets, say experts.

Saudi And Egypt Sign $1.6bn Deal To Link Power Grids

The project will allow both countries to share power of up to 3,000 megawatts.

A Shift Of Focus For Solar Energy In ME

We now know why but need to determine how, says Hannes Reinisch, senior manager for renewable energy and sustainability, PwC.

OPEC Coasts Towards Deal With Oversupply Fear On Hold

Triple digit oil has encouraged development of U.S. shale oil in North Dakota and Texas, some of which is the most costly in the world.

Abu Dhabi Fastest Growing City In ME, Africa

The MasterCard Cities Index report showed the UAE’s capital has a growth rate of 16.1 per cent in relation to visitor numbers.

Middle East CEOs More Confident Than Global Peers

While 17 per cent of regional CEOs are more confident than their global counterparts, they are seven per cent less sure than last year.

5.7 Earthquake Reported Off Coast Of Yemen

The quake occurred about 135 miles (217 km) from the Yemeni mainland at a depth of six miles (10 km) in the Arabian Sea.

Etisalat Makes Top Bid For Vivendi’s Maroc Tel- Sources

UAE’s Etisalat has reportedly offered a higher price than rival Qatari bidder Ooredoo for Vivendi’s 53 per cent stake in Maroc Telecom.

Middle East Q1 Car Sales Break Records, Again

Impressive figures from BMW, Audi, Volkswagen and Rolls-Royce indicate the region’s economy is purring along nicely.

Huawei’s Middle East Revenue Rose 18% In 2012

The world’s second-largest telecom equipment maker also expects Middle East telecom operators to prioritise improving network efficiency.

New GCC Tobacco Tax Could Lead To Illegal Trade

Ministers in the region are deliberating a 100 per cent increase in duty on tobacco products.

ME Digital Ad Spend Could Hit $1bn In 5 Years – Expert

Regional online advertising spend is growing at a rate of around 25-30 per cent every year.

France To Invest $25m In Africa, Middle East Embassy Security

The country’s mission in Libya was targeted by a car bomb in April.

Investment Key To Internet Economy’s Regional Growth

E-commerce spends across the Arab World grew 45 per cent to $15 billion last year.

IMF: Dubai Will Meet Debt Obligations

The International Monetary Fund’s regional report warns unemployment figures and diversifying economies are still an issue.