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MENA M&A Deal Values Rise 42%, Volumes Fall 4% In 2012

The value of mergers and acquisitions (M&A) deals in the region reached $44.8 billion last year, says new study.

Mercedes-Benz Reports Record Year In Middle East

Vice President at the automotive company announces 13 new car lines in the next seven years.

US Business Jet Maker Nextant Targets ME Buyers

Directors have been touting the Nextant 400XT jet to regional entrepreneurs and HNWIs this week

Bonding Time In Islamic Finance

The Gulf is set for another bumper year of the sukuk.

Gulf States Hand Morocco First Chunk Of $2.5bn Aid Package

Sources said Morocco had finalised the agreement with the GCC states during a summit in Riyadh last month.

Kuwait Pledges $300m In Syria Aid At Donor Meeting

The UN is seeking up to $1 billion in aid for Syrian refugees outside the country and $500 million for humanitarian work inside the war-torn country.

Islamic Finance Grows Up

Islamic banks must confront the regulators to grow their products.

UAE, Turkey Trade Up 197% In H1 2012

Trade exchanges between the two countries reached $5.3 billion during the first half of the year.

Obama Struggling Over Whether To Intervene In Syria

U.S. President: “In a situation like Syria, I have to ask: can we make a difference?”

Twitter Announces New Partnership In MENA Region

The micro-blogging site has made its first business move in the region, teaming up with Connect Ads.

Retailer SPAR To Enter Middle East

The company aims to have 30 stores in the region by end of 2015.

Revealed: Top Swimming Pools In The Middle East

The region isn’t short of stunning poolsides but which ones drench the competition? Dominic Ellis rounds up some of the Gulf’s top watering holes.

Ladies’ Watches Given Greater Focus

Luxury brands at SIHH are realigning their positions in the Middle East.

Audi Plans To Double Middle East Sales by 2020

German luxury car maker hopes to sell 20,000 vehicles per year by 2020.

Algeria Ends Desert Siege With 23 Hostages Dead

The siege at the gas plant in the Sahara desert began on early Wednesday.

Mona Lisa’s Toshiba Smile

Toshiba’s MEA managing director, Yasuyoshi Matsunaga, talks about powering the world’s fastest elevator and Middle East expansion.

Turkey’s E-Commerce Firms Set For Shakeout

According to a Deloitte report on e-commerce in Turkey, 17 merger and acquisition deals were closed last year.

Currency Crisis Won’t Stop Qatar’s Soc Gen Buy

The Gulf bank is buying a 77 per cent stake in National Societe Generale Bank.

Gulf Airports Warned Over Security Threats

Regional airports were warned today to remain vigilant from ever-present security threats.

ME Must Remove Fuel Subsidies To Grow Renewables ­– Expert

The UAE and Saudi Arabia will find it very challenging to reach their renewable energy targets if they don’t phase out fossil fuel subsidies, warns senior IEA official.

Bank Of America To Increase Gulf Lending

The investment bank expects activity to pick up in the MENA region in 2013.

Rolls-Royce ME Reports Record Year

Sales in the Middle East were up 26 per cent as Saudi and Abu Dhabi performed strongly, says global CEO.

Standard Chartered CEO – ‘Excessive Austerity Will Be A Disaster’

V. Shankar, CEO of Standard Chartered EMEA, says much will still depend on Europe.

Drive To Success – Interview With Rolls Royce’s Briscoe

Geoff Briscoe, regional director for Rolls-Royce Motor Cars, gives the insider view on the region’s luxury auto market.

ME Airlines Lead Aviation Rebound

Middle East airlines recorded a 10.5 per cent international passenger demand growth in November, says IATA.

Lebanon’s Middle East Airlines Orders 10 A320neos

Fuel burn savings, reliability and cabin comfort made it “a sound investment” choice.

Income Disparity, Water Supply Key Risks In MENA

Fiscal imbalances and rising greenhouse gases are some of the biggest global risks, says World Economic Forum report.

Qatar To Lend Egypt $2.5bn Extra In Aid

Sheikh Hamad bin Jassim al-Thani has said $0.5 billion will be a grant while $2 billion a deposit.

Iraq Is Finally A Viable Investment Opportunity

Nine years after the US-led coalition toppled Saddam Hussein there are signs that companies are moving to long-term investments in Iraq.

UAE Employees To See 5% Pay Rise In 2013

Workers in Saudi Arabia are expected to see the biggest salary hikes in the region at six per cent, says new study.