Different Arab money

MENA SMEs Turn To Islamic Financing For Funding

A study by the International Finance Corporation (IFC) found a potential market gap of up to $13.2 billion for Islamic financing in the region.

Airbus To Increase Seat Capacity On Popular A320 Models

The more densely arranged cabins will be available early next year.

LinkedIn Could Face Customer Lawsuit Over Email Addresses

A US district judge said that customers may pursue claims that the networking site violated their right of publicity.

Qatar Says Diplomat’s Comments Criticizing Tripoli Fake

The Qatari ambassador allegedly denounced a Libyan Supreme Court ruling on his twitter account.

Alitalia Board Votes To Accept Etihad Offer, Rapidly Do Deal – CEO

Abu Dhabi-based Etihad is prepared to invest up to $1.70 billion over the next four years.

Why The Middle East’s Ultra Wealthy Are Seeking Second Citizenship

Second citizenship offers greater stability and security, tax efficiency and ease of travel, among other benefits, say experts.

Tourism In The Middle East Fights Back Despite Turmoil

After being hit hard by the Arab Spring and the Syrian civil war, the Middle East’s troubled tourism markets are fighting back even as political hurdles remain.

GCC’s Hospitality Industry Seeing Rise In Job Vacancies – Report

Job opportunities in the hospitality sector have increased due to the growing number of hotel projects in the region.

Facebook Expands Users’ Ad Targeting Profiles With Website Data

The move could further inflame concerns about how the social networking site treats personal privacy.

Exclusive: Abu Dhabi’s Etihad Plans To Buy 49% Stake In Alitalia – CEO

Etihad is looking to invest up to $1.7 billion in Alitalia over the next four years.

Yemenis Protest Over Power Cuts, Fuel Shortages

Sanaa’s two million residents have been forced to light their homes with candles or private generators, fuel for which is increasingly expensive.

Emirates’ Decision To Cancel A350 Order Will Be A “Blow” For Airbus

The Dubai carrier cancelled its entire order of 70 A350 XWB aircraft following a “fleet requirement review”.

Mobile Subscriptions In MEA Region To Reach 1.9bn In 2019

By 2019, 50 per cent of handset subscriptions in the Middle East and Africa will be for smartphones.

Airbus Says Emirates Cancels Order For 70 A350 Planes

Emirates placed the order for 50 A350-900 and 20 A350-1000 jets in 2007.

UAE Opens First Consulate In US

The opening of the consulate in LA comes amid strengthening commercial and trade ties between the two nations.

Alitalia Needs A Few Weeks To Close Etihad Deal – CEO

Gabriele del Torchio said Etihad was proposing to invest up to 560 million euros in Alitalia.

Emirates, Etihad Warn Of Flight Delays On Karachi Route

A terrorist attack killed at least 27 people in Karachi’s Jinnah airport on Sunday.

The Poor Long For Help As Egypt’s New President Is Sworn In

Abdel Fattah al-Sisi, sworn in as Egypt’s president on Sunday, is faced with fixing growing unemployment in the country.

Pakistan Sees Etisalat Resolving $799m Dispute Soon – Minister

Etisalat led a consortium that bought a 26 per cent stake in Pakistan Telecommunication for $2.6 billion, with $1.8 billion paid upfront.

MENA Advertisers Slow To Warm Up To Mobile Ads

Experts say that advertisers are yet to be convinced of users’ receptiveness to mobile ads.

Alitalia CEO Says Job Cuts From Etihad Tie-Up To Number 2,200

Alitalia and Etihad have been in talks since December, but a deal has so far proved elusive.

Sisi Sworn In As Egypt’s President

The former army chief won 97 per cent of the vote during last month’s presidential election.

Tech-Savvy Users To Drive Growth In GCC’s Travel Industry- Study

The ‘coming-of-age’ population will turn to mobile travel solutions and will plan, book and manage their options online, a study says.

Egypt, UAE Choose Army-Linked Company To Build Wheat Silos

The UAE pledged last October to build a total of 25 wheat silos with a storage capacity of 1.5 million tonnes to help prevent the loss of billions of dollars worth of wheat per year.

Qatari-Backed Plan To Redevelop London Site Gets Go-Ahead

The start of building had been delayed after the government intervened to consider how the project would affect views of the Houses of Parliament and Big Ben.

Egypt Implements Temporary Tax Increase For Wealthy

The tax will apply for three years, Egyptian state media reported.

Malaysia – The Foodie’s Paradise

Forget Kuala Lumpar. When it comes to city breaks, Penang is Malaysia’s crown jewel.

Global Destinations Eye High-Spending Gulf Travellers

Gulf travellers are among the most lucrative and high-yield tourists due to their lavish spending habits, industry experts.

Shortfall In Middle East Oil Investment Could Push Up Prices -IEA

A large part of the investment to increase output will need to come from the Middle East as a rise in non-OPEC production such as U.S. shale oil starts to lose steam in the mid-2020s.

Twitter In Talks To Buy Online Music Firm SoundCloud

Twitter’s renewed interest in music-streaming companies comes after Apple Inc acquired Beats for $3 billion.