US Regulator FAA To Grant Safety Approval To Airbus A350 Jet By End-Oct

Airbus won European safety approval last week for the A350.

US Vice President Apologises To Saudi Over His Comments On Islamic State

Biden earlier apologised to Turkey and the UAE for saying that regional US allies were partly to blame for the rise of IS in Syria.

Raytheon Eyes Deal With Qatar On Patriot System Before Year-End

Former Raytheon CEO Bill Swanson had said in January that he expected Qatar to finalise an order worth over $2 billion in the first half of 2014.

Saudi Billionaire Prince Alwaleed Plans Meeting With Indian PM Modi

Prince Alwaleed said he was “impressed” by Narendra Modi’s speech when he was in the US.

Virgin Atlantic To Drop Little Red UK Flights

Airline blames slot constraints amid strong competition and poor loads

Middle East Airlines Record Strongest Global Traffic Growth In August

International passenger traffic rose 6.7 per cent in August with all regions showing growth over the previous year.

US Working On New Screenings For Ebola But No Travel Ban

The first patient diagnosed with Ebola in the US, Thomas Eric Duncan, is in a critical condition.

US And Allies Have Conducted 341 Strikes In Iraq, Syria

Except for eight strikes against the Khorasan Group in Syria, all have been against Islamic State militants.

Whatsapp new privacy features

Facebook’s WhatsApp Acquisition Now Has Price Tag Of $22bn

The acquisition was announced by Facebook in February and recently received regulatory approval in Europe.

Iran Releases Journalist, American Husband Still In Jail

Yeganeh Salehi, Tehran correspondent for the UAE English language newspaper, The National, was freed last week and is said to be in good health.

Global Officials To Issue Communique Warning Of Economic Risk

With Europe flirting with deflation, Japan not far from recession and a slowing economy in China, there are worries the recovery from the deep 2007-2009 crisis is losing traction.

High Risk Ebola Could Reach France, UK By End-Oct

The deadly epidemic has killed more than 3,400 people since it began in West Africa in March.

UAE Says Shocked By US Vice President’s Comments On Terror Financing

Joe Biden said that the Middle East had provided money and weapons to Al Nusra and Al Qaeda.

Islamic State Video Shows Second British Hostage Beheaded

British aid worker Alan Henning was part of an convoy taking medical supplies to a hospital in Syria in December last year when he was kidnapped.

Apple To Hold iPad Event On Oct. 16

The iPhone maker is expected to unveil the new iPads and the latest updates to its iMac line, according to reports.

Private Banking Special 2014: State Of The Wealth

Private Banking in the region is set to grow further this year, as nationals switch from protecting their wealth to growing it.

Middle East and Africa M&A Values Plunge 62% Q-on-Q In Q3 2014

Mergermarket attributed the sharp decline in total values to the lack of inbound mergers and acquisitions.

Middle East Carriers Post 7.8% Cargo Growth In August

The air cargo growth was aided by Middle East airlines’ growing links to developing markets and their diversification plans, IATA said.

Gulf Arabs Demand Return Of State Authority In Yemen

GCC states would not “stand idly” in front of foreign intervention, the ministers said in a statement after the meeting late on Wednesday in the Saudi Arabian city of Jeddah.

Oil Rises From More Than Two-Year Low

Concern over rising OPEC oil supply, weak European and Chinese growth and a stronger dollar pushed Brent to its lowest since June 2012 on Sept 30.

Middle East Stock Markets To Close For Eid Holidays

Bourses in Saudi Arabia, Qatar, Kuwait and Oman will close for the whole week starting October 5.

Dubai Chamber Of Commerce Opens Ghana Office

The office adds to DCCI’s presence in the Ethiopian capital Addis Ababa.

DP World Chairman “Sure” Djibouti Operations Will Return To Normal

The Dubai-based port operator has been accused of bribery by the Djibouti government.

Emirates Starts A380 Dallas Flights

New daily A380 service to Texas city dovetails with Qantas’ new superjumbo flight from Sydney

French Affordable Smartphone Player Wiko Launches In UAE

Wiko, which claims to be Europe’s fastest growing smartphone brand, has launched eight models in the UAE.

Germany Examines Etihad, Air Berlin Codeshare Plans

Air Berlin said that the authorities were trying to put a new spin on the provisions of an air transport deal between Germany and the UAE during the review of the airlines’ winter schedules.

UAE Firm Signs Deal To Build Egypt’s First Coal-Fired Power Plant

Al Nowais Investments, an Abu Dhabi-based private firm is leading a consortium to build Egypt’s first coal-fired power plant in the Suez area.

Different Arab money

Some Win, Some Lose In Gulf’s Sukuk Mutual Fund Market

Funds dedicated to sukuk are a rare breed, with only 20 currently marketed in the Gulf.

Emirates Signs 10-Year Management Deal With Angola Flag Carrier

Dubai carrier appoints senior managers but will provide no equity.

Up to 53% Of Data Generated In MENA Not Protected

The Middle East and North Africa region is expected to see its digital universe grow by over 600 per cent by 2020, finds new study.