EU Urges Diplomatic Efforts On Syria, “No Military Solution”

EU foreign ministers meet in Vilnius on Friday and Saturday to discuss the situation in Syria.

Inefficient Oil Plants Can Lead To ME Energy Crunch

Use of natural gas to generate electricity will help reduce CO2 emissions.

Egypt’s Interior Minister Survives Bomb Attack

Security officials said at least two people had been killed and at least 10 wounded in the attack.

IFA 2013: Panasonic Launches First HDMI 2.0 TV; Sony Unveils Xperia Z1

Tech showcase acts as global launch pad for new products.

U.S. Senate Panel Passes Authorization For Military Force In Syria

Barack Obama is asking Congress to back his call for limited U.S. strikes on Syria to punish President Bashar al-Assad.

Emirates Starts Stockholm Services

Emirates will be looking to funnel Swedes onto its Asian, Indian and African network.

Youth Unemployment Costs Arab Countries $40bn Annually

Vocational training should be encouraged to address employment and reduce the skills gap in the Arab countries, says expert.

Egypt Says Ready To Repay $2bn Qatari Loan In Days If Necessary

The funds were supposed to be converted into three-year bonds.

India Approves Deal To Increase Airline Seats To UAE

The agreement allows the nations to add 50,000 additional seats per week for the next three years.

UAE’s Coffee Planet Secures European Partnership

The popular local brand will begin selling its coffee bags through 340 Jumbo supermarkets in the Netherlands.

Obama Wins Backing For Syria Strike From Key Figures In Congress

Leaders of the U.S. Senate Foreign Relations Committee said they reached an agreement on a draft authorization for the use of military force in Syria.

Egypt’s El Sewedy Q2 Net Income Up 159%

Revenue increased by 12 per cent to 4.1 billion pounds, of which El Sewedy’s wire and cable segment accounted for 3.1 billion.

Brazil And Dubai: A Growing Beauty Connection

Latin beauty firms have found a goldmine export market in Dubai and the Middle East.

Saudi Prince Buys 50% In Sheffield United

Prince Abdullah bin Mosaad bin Abdulaziz Al Saud has promised to invest substantial new capital into the club.

Microsoft Acquires Nokia’s Phone Business For $7.2bn

The transaction is expected to be completed in the first quarter of 2014.

Qatar Airways Starts Chengdu Flights

The Chinese city’s large industrial development zone is likely to funnel in corporate travellers

US Fuels Tension By Deploying Warships Near Syria – Russia

Five U.S. destroyers and an amphibious ship are in the Mediterranean.

Franklin Templeton Launches New GCC Bond Fund

The new fund will provide investors access to the GCC’s growing bond market.

Emirates Resumes Tripoli Flights After Two Years

Emirates’ resumption is a positive sign but logistical challenges remain

Gold Extends Losses As Delay In Syria Action

The metal saw some upside last week as a U.S. strike on Syria seemed imminent.

USS Nimitz Carrier Group Sails Into Red Sea

Barack Obama on Saturday backed off imminent strikes by the destroyers off the coast of Syria until Congress had time to vote its approval.

Dubai To Sell Fontainebleau Hotel In Miami To Turnberry

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

Why The GCC Needs New Skills Formation Systems – Now

Wes Schwalje, chief operating officer at Tahseen Consulting, says swift action must be taken to create sustainable jobs and develop the region into a truly global knowledge economy.

Syria Asks The United Nations To Stop US Strike

The US accuses the Syrian government of killing over 1,400 people in a chemical gas attack.

Arab States Urge Action Against Syrian Government

The League of foreign ministers also said those responsible for the chemical gas attack should face trial.

GM Sees Auto Industry Slowing In Turbulent Middle East

The US carmaker expects the industry to continue growing at four to five per cent per year.

Saudi Arabia Says It Backs US Strikes If Syrian People Do

The US is preparing strikes against the Syrian government, blaming it for a chemical gas attack that killed hundreds of civilians.

MasterCard Targets ME Luxury Consumers Through New Campaign

The ‘Priceless Arabia’ programme offers MasterCard holders special offers on luxurious products and services across the MENA region.

UAE’s Etihad Sees Clearance For Jet Deal, Extends Deadline

Etihad agreed to pay $379 million for a 24 per cent stake in Jet in April.

Saudi’s Alkhabeer Capital Acquires US Property

The investment fund, in partnership with USAA Real Estate Company, bought an office building in Houston.