UN Warns Of Sanctions For Oil Trading With Syria, Iraq Militants

The security council said in a statement that oil trade provides financial support to such “terrorist groups”.

Emirates To Avoid Iraqi Airspace As Violence Rises

Emirates also suspended all its flights to Kiev and none of its planes fly over the Ukraine airspace.

Gaza Residents See No Joy In Eid Holiday

More than 1,000 Palestinians, many of them civilians, have died so far in the fighting.

Brent Slips Near $108 As Mideast Tension Cools On Gaza Lull

Oil prices are expected to stay in a range of $105-$110 for Brent, according to experts.

UN Security Council Calls For Humanitarian Ceasefire In Gaza

Some 1,031 Palestinians, mainly civilians, have been killed in the 20-day conflict, while 43 Israeli solders have died.

Hamas Accepts 24-hour Gaza Humanitarian Truce

Some 1,060 Palestinians, mainly civilians and including many children, have been killed in the 20-day conflict.

Flying Is “Safe” Despite Recent Crashes – Global Aviation Body IATA

Three civil aviation disasters within a span of eight days led to 464 fatalities this month.

More Than 50 Killed In Libya’s Benghazi, Tripoli After Heavy Clashes

In the last two weeks, Libya has descended into its deadliest violence since the 2011 war that ousted Muammar Gaddafi.

UAE’s Just Falafel Enters India, Opens First Restaurant In Bangalore

The UAE-based fast food chain has teamed up with Prism Properties to open its outlet in the South Indian city.

Al Jazeera Journalist Jailed In Egypt To Appeal- Family

Greste, along with two other journalists, were convicted of aiding a terrorist group in a trial that was widely criticised outside of Egypt for its paucity of evidence and the way it was conducted.

Rifts Between Qatar, Egypt May Complicate Search For Gaza Truce

The violence in Gaza has now killed more than 500 Palestinians as well as 18 Israeli soldiers and two Israeli civilians.

Pharma Firms Thrive On Gulf’s Disease Burden

Local and international pharmaceutical players alike are positioning to serve the expanding market for lifestyle-related disease treatment in the GCC.

Hacking: The $3 Trillion Threat

With a constantly growing threat landscape, cyber attacks pose one of the largest risks to businesses in the GCC and abroad.

Bad Weather Probable Cause Of Air Algerie Crash

The flight crashed in the West African state of Mali killing all 118 people on board.

UAE’s TAQA Pulls Out Of $1.6bn India Power Deal

In March, TAQA said a consortium led by it had agreed to buy the two power plants from Jaiprakash Power Ventures.

Swatch Warns Of Hong Kong Uncertainty As Profits Fall 11.5% In H1

Marketing expenses for the Olympic Games in Sochi, a fire at its production unit and a strong Swiss franc squeezed net profit in the first half.

Saudi’s Flynas To Drop Manchester In August

The airline currently operates three weekly flights on the Jeddah-Manchester route.

Flydubai To Start Flights To Mumbai From October

The low-cost carrier will operate direct flights to the Indian city five times a week from October 28.

Qatar Emir Meets Saudi King In Jeddah To Discuss Gaza Fighting

More than 600 people are reported to have been killed in Gaza during the two weeks of fighting between Palestinians and Israelis.

Japan To Count Saudi, UAE Crude Storage Toward Reserve Goals

Japan has been lending 10.7 million barrels of crude tank capacity to the two countries.

Rebels In Ukraine Likely Downed Malaysian Jet ‘By Mistake’ – US Officials

The officials said their assessments were backed up by evidence from social media and by intercepted conversations of known pro-Russian separatists.

Global Airlines Body IATA Calls On Govts To Lead Review Of Airspace Risks

The issue of flying over conflict zones has come into sharp focus after Malaysia Airlines flight MH17 was shot down in eastern Ukraine on Thursday.

Apple Asks Suppliers To Produce Up To 80m Large-Screen iPhones

The forecast for the iPhones with 4.7-inch and 5.5-inch displays is much larger than the initial order last year for iPhone 5S and 5C models, says report.

EY: 10 GCC IPOs Raise $2.26bn In H1 2014

Saudi Arabia led the GCC activity in the first half of the year with four IPOs, followed by the UAE with three.

Oman Fund Working To Rescue Bulgaria’s Corpbank

A plan is expected to be put together within three months.

Emirates To Start A380 Mumbai Flights

The start of double-decker services marks the end of a long negotiating road for Emirates and start of new passenger transfer opportunities

UN, Qatar Condemn Gaza Killings, Call For Immediate Ceasefire

The 13-day bloodshed in the Middle East has cost more than 400 lives.

Emirates Boss Calls For Airlines Summit On “Outrageous” MH17 Attack

Tim Clark said domestic regulators may decide to be more involved in giving their carriers guidance on where it is safe to fly.

Middle East Visitors Spent $5.7m During FIFA World Cup In Brazil

Fans from the UAE, Saudi Arabia and Qatar made up 70 per cent of total Middle Eastern spend during the global tournament.

Freezones Boost GCC’s Push To Establish Business Hubs

As GCC economies seek to diversify away from oil, many countries are pursuing free zones as the solution.