Middle East Urged To Do More To Fight Financial Crime

The implementation of measures against financial crime is of growing importance in the region, a new KPMG survey says.

Egypt Discovers First Case Of Potentially Deadly MERS Virus

The patient, 27, was living in the Saudi capital Riyadh, the ministry said.

The Gulf’s Great Train Journey

As the GCC embarks on a colossal rail network, the region’s trade and logistics sector is poised for metamorphosis.

The Middle East Eyes Solar As Easy Oil Era Ends

The Middle East’s oil exporting countries are turning to solar energy options to power themselves. But the region still faces some stumbling blocks when tapping the sun’s power.

Arab Banks See Middle East Opportunities As Some Global Banks Scale Back

Arab bankers said they expect to see global banks moving increasingly to sell Middle East retail units or merge subsidiaries with other banks.

Behind-The-Scenes Boom

The GCC’s facilities management firms are booming as more buildings are erected but the industry is aiming for sustainable growth this time around.

Four Seasons Unveils Branded Jet

Move helps elevate Four Seasons’ private jet itineraries which have been on sale since 2012

Dubai’s Drake And Scull Wins $40m Algeria Contract

The firm will undertake the civil construction portion of the mixed use development in Algiers, it said in a statement.

The GCC’s Food Security Dilemma

A lack of arable land and growing number of mouths to feed makes food security a pressing issue for the GCC.

Gulf Arab States Agree On Measures To Heal Internal Rift

GCC foreign ministers met in Riyadh for a comprehensive review of measures used to implement foreign and security policies.

Google Misses Revenue Target, Ad Prices Slide

The average “cost per click” declined nine per cent, as mobile advertising make up a bigger slice of its business.

Abu Dhabi’s TAQA Begins Storing Gas At New Bergermeer Facility

TAQA has invested in Bergermeer storage facility alongside Dutch energy company EBN.

Medical Tech Firms Boom In GCC As Healthcare Spend Surges

Medical tech firms are flush with rising government healthcare spend.

Google Unveils Email Scanning Practices In New Terms Of Service

The company clearly stated that incoming and outgoing emails are automatically analysed by software to create targeted ads.

Infiniti Middle East Sales Up 19% In 2013

The Japanese car maker sold around 5,892 units in the region during its financial year ended March 2014.

Australia Prioritises Gulf Free Trade Agreements

Minister wants to ‘turbo charge’ investment opportunities on back of abundant air links

Europe’s Top Banks Cut 80,000 More Staff In Post-Crisis Overhaul

Banks across the globe have shrunk radically since the 2008 collapse of U.S. bank Lehman Brothers sparked the financial crisis.

Iran: The Largest And Most Enigmatic Frontier Market

Iran boasts a large, educated population and a wealth of business opportunities, writes Ali Borhani, founder of Incubeemea.com.

New Six Flags Theme Park To Open In Dubai In 2017

The project, being developed in partnership with Meraas, will be located in the Dubai developer’s multi-themed park project in Jebel Ali.

Italian Court Bars Emirates From Flying Between Milan, New York

Emirates, which may appeal the decision, started to fly the Malpensa-New York route in October last year.

Dealing With The Shale Gas Equation

Is the rise of shale gas and oil a threat or an opportunity for GCC nations?

Hong Kong: The Next Financial Frontier

With GCC investors increasingly looking east, can Hong Kong maintain its position as the financial centre of choice for China?

New Japanese Farming Methods Target UAE’s Agricultural Sector

Until recently it was thought that agriculture in the UAE was a futile industry. But Japan’s film farming technology is forcing the experts to revaluate.

Silicon Valley Firm Joins Dubai’s Innovation 360 To Launch $100m Start-Up Fund

Fenox Venture Capital firm has inked a partnership with Innovation 360, a Dubai-based innovation consultancy to invest in start-ups in the region.

BlackBerry “Losing Money And Burning Cash” – CEO

The Canadian firm may consider exiting handsets and focus on investments, acquisitions and partnerships.

Oasis Centre May Include Cinemas In The Future – Director

The Landmark group hopes to have at least 10 Oasis Centre malls operational across the GCC by the end of 2015.

Internet Users Can Do Little To Protect Themselves From ‘Heartbleed’ Bug

Google, Amazon confirm that their websites are not affected by the bug.

Mohamed Alabbar to acquire stake in YNAP from Richemont

Alabbar-Chaired Firm Launches $1.2bn Project In Langkawi, Malaysia

Perdana Quay, launched by Tradewinds Corporation, is an integrated leisure, retail, residential and commercial development.

Emirates To Cut Three Kiev Flights

The reduction follows ongoing political unrest in Ukraine.

UAE’s Julphar Inks Five-Year Deal With Global Pharma Firm Merck

Under the deal, Julphar will manufacture MSD products related to diabetes, asthma, allergy, pain and inflammation.