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Middle East

Saudi coalition to free 200 houthis as Yemen peace efforts grow

The coalition will also enable flights in cooperation with the WHO to carry patients from Sana’a

Oman optimistic about peace agreement between Saudis, Yemen rebels

The US has also begun efforts to find a negotiated settlement to the conflict

Exclusive: OPPO’s new regional head on where the GCC smartphone market is headed

OPPO MEA’s recently appointed president, Ethan Xue, reveals how the brand is taking on the challenges in the crowded GCC smartphone market

Will 5G technology actually revolutionse the GCC telecoms landscape?

Telecom operators in the Middle East are going all-in on 5G. But is it really the future?

Saudi-backed Yemen peace deal switches focus to ending wider war

An agreement was signed between the Southern Transitional Council and the Yemeni government in Riyadh

Iran adds advanced centrifuges in further weakening of nuclear deal

Iran has been scaling back its compliance to 2015 deal since May after US President Donald Trump unilaterally left the accord last year

New York’s Modus Capital launches $75m MENA fund targeting startups, SMEs

The fund will target early and growth stage firms across the region

Airbus working to secure 100-jet Air Arabia deal for Dubai Show

An order for 100 narrow-body A320neo-series aircraft from Air Arabia PJSC would be worth more than $10bn at list prices

IMF says Mideast markets twice as sensitive to global risk as emerging markets

The global outlook is that of lower growth and rising uncertainty, the IMF warned

Trump says ISIS chief Al-Baghdadi killed in US raid

No US personnel were lost in the operation, while “many” of al-Baghdadi’s fighters or companions were killed with him

HSBC to embark on job cuts across the MENA region in November

The global banking and markets and commercial banking units may bear the brunt of the reductions, sources said

Binance

UAE named largest fintech hub in the MENA region

A total of $237m has been invested in MENA fintech firms since 2015

Dubai-based Dragon Oil acquires BP stake in Gulf of Suez

Acquisition in line with its plans to grow regionally

Hilton appoints new head for Middle East and Africa

Jochem-Jan Sleiffer replaces Rudi Jagersbacher, who has been heading the region for eight years

World Bank lowers Middle East growth projections for 2019

Growth in 2019 expected to be 0.6 per cent, down from previous estimate of 1.4 per cent

Arab League to hold emergency meeting as UAE, EU condemn Turkey’s Syria moves

An emergency meeting has been called for Saturday

Historic charter for Arab women’s rights launched

The Arab Charter on Women’s Rights enumerates 25 rights for Arab women, and is expected to be adopted by the Arab League

JPMorgan sees Middle East deal flow making up for lower fees

Investment banking fees in the Middle East are lower than in countries like the US

Beirut Airport claims 5G wifi

Claims service provided by Ogero is a regional first

Iraq joining China’s Belt and Road initiative

PM announces Iraq will be a party to Belt and Road projects during a meeting with Chinese president Xi Jinping

France, Germany and UK side with US over source of Saudi strikes

In a joint statement on Monday, France and Germany joined the UK in saying that Iran was behind the attacks on the Saudi Aramco facilities

Careem expands operations in Iraq

The ride-hailing service has expanded to Mosul

More in Middle East think climate change will impact their lives than US, UK – survey

YouGov survey reveals more people in the Middle East and North Africa believe climate change will impact their lives dramatically than people in the West

Rothschild said to name new co-head of Middle East business

Saeed Al Awar will manage about a dozen bankers with Edoardo Fassati who recently relocated to London

Over 39,000 new planes needed by 2038 – Airbus

Latest Global Market Forecast also estimated about 550,000 pilots will be needed to accommodate for increase in air traffic

China’s OPPO gets new Middle East and Africa head

Ethan Xue succeeds Andy Shi

YouTube Music comes to Middle East

Spotify and Apple Music competitor now available in the UAE, Bahrain, Kuwait, Lebanon, Oman and Saudi Arabia

SAUDI-CONFLICT-YEMEN-COALITION

Saudi forces intercept another drone targeting kingdom

The drone was fired from Imran in Yemen on Saturday

US-China trade war: How will it impact the Middle East?

The trade war between the United States and China seems to be continuing without end. So what might come next?

Saudi forces intercept another Houthi drone targeting kingdom

The kingdom has seen a spate of Houthi drone and missile attacks in recent months