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Saudi Oil Min Says U.S. Shale Oil Helps Keep Oil Markets Stable

Shale oil remains much more costly to produce than most Middle East crude.

Another Boeing 787 Dreamliner Grounded After Battery Problem

Japan Airlines was forced to ground one of its 787 aircraft after detecting smoke outside the plane.

Alcoa Pays $384m To Settle Alba Bribery Charges

Criminal and civil allegations claimed officials were bribed for years to accept the supply of raw materials from Alcoa.

Just Falafel Plans 160 New Restaurants In US, Canada

The UAE restaurant chain has signed five area franchise agreements with different partners across North America.

Landmark Signs ME Franchise Rights For Jamba Juice

The company’s Foodmark branch plans to open 80 stores across the region over the next 10 years.

Kerry Says Saudi King Backs Israeli-Palestinian Push

The U.S. Secretary of State spent two hours and 40 minutes with King Abdullah. Earlier in the day he met with the King of Jordan.

Pentagon Cuts Gulf From U.S. Troops’ Danger Pay

Still on the list are countries including Afghanistan, Iraq, Jordan and Turkey.

Ex-Head Of Bankrupt US Law Firm Appointed As Top UAE Legal Adviser

Law firm Dewey & LeBoeuf was one of the US’ largest and most profitable law firms.

Gold Set For Biggest Annual Loss In Three Decades

The precious metal is headed for a near 30 per cent drop this year as the US heads towards a strong economic recovery.

Houston Exhibit Shows Antiquities From Saudi Arabia

Roads of Arabia, which runs through March 9, features tools, steles, incense burners, statues and other pieces from the Kingdom.

Dubai Sells Stake In Landmark Miami Hotel To Turnberry

Dubai World had paid $375 million in 2008 for its 50 per cent stake in Fontainebleau Miami Beach.

US, Britain Have Not Helped Syrian Rebels Enough – Saudi Prince

Former Saudi intelligence chief Prince Turki bin Faisal said the two nations did not provide the necessary aid to the rebel unit.

Chuck Hagel Underscores Support For Syrian Moderates

The U.S. Defense Secretary met with Qatari Emir Sheikh Tamim bin Hamad and Defence Minister Hamad bin Ali al-Attiyah.

Pentagon Sees “Significant Interest” In F-35 From Gulf

The F-35 fighter is the Pentagon’s most expensive weapons program.

VIDEO: Emirates Launches Longest A380 Flight To L.A.

Flight EK 215 crosses the Russian Federation, the North Pole and Eastern Canada before landing in Los Angeles.

US Navy To Expand Presence In Bahrain

The Gulf state is currently home to the US 5th Fleet.

US President Obama Phones Saudi King Abdullah About Iran Nuclear Deal

Iran signed an interim deal with six world powers to curb its nuclear programme.

Saudi Electricity Signs SAR1.7bn Deal With GE

The deal will cover maintenance work on 12 gas units at new power plants in Riyadh.

Dubai Airshow: Mubadala Aerospace Eyes US Deals

The firm won industrial orders worth over $5 billion at the air show to sell parts and materials to Boeing and Airbus.

Dubai Airshow: Lockheed Sees More Clarity On Saudi Naval Buy In Next Months

Saudi is evaluating options for its naval modernisation programme, including purchases of up to 12 of Lockheed’s steel monohull Littoral Combat Ship

Six Arrested In $45m Global Cybercrime Involving RAKBANK, Bank Of Muscat

The five men and one woman, all residents of New York City, were accused of being members of an unnamed global cybercrime organisation

Dubai Airshow: Boeing Shows Off F/A-18 Fighter

Executives are worried whether the fighter plane will receive enough new orders needed to maintain production past 2016.

Dubai Airshow: Boeing Denies Plan To Speed Up 777X Jet Development

The US aircraft manufacturer said it was sticking to plans to deliver the 777X in mid-2020.

U.S. To Surpass Saudi As Top Oil Producer By 2016

But by 2020 the oilfields of Texas and North Dakota will be past their prime and the Middle East will regain its dominance.

Saudis Unconvinced By Kerry’s Show Of U.S. Goodwill

Saudi leaders fear President Barack Obama’s administration has stopped listening to its Arab ally.

Kerry Hails Disgruntled Saudi Arabia As Important U.S. Ally

Saudi Arabia is angry over what it sees as a weak foreign policy on the part of the Obama administration.

Saudi Arabia Warns Of Shift Away From US Over Syria, Iran

The United States and Saudi Arabia have been allies since the Kingdom was declared in 1932.

U.S. Passes Saudi To Become World’s Top Oil Producer

The U.S. has witnessed the fastest expansion in production over a four-year period since a surge in Saudi Arabia’s output from 1970-1974.

Airbus CEO Dismisses Boeing’s 747-8 As “Dated”

The two titans of the aviation world are battling for the swiftly shrinking jumbo aircraft space.

Etihad Launching Los Angeles Flights Next Summer

Abu Dhabi carrier will compete with Emirates for origin and destination and transfer traffic