New Egyptian PM Seeks Dialogue, End To Divisions

Hazem el-Beblawi, an international liberal economist, called for dialogue between political parties, adding that security had to be restored to Egypt’s streets after weeks of mass protests.

UAE Transferred $3bn In Aid To Egypt, Saudi To Follow

Gulf Arab oil producers have promised aid packages worth $12 billion to Egypt since the overthrow of president Mohamed Mursi.

The Future Of “On Purpose” Technologies

GCC petrochemical players must capture the next wave of growth by analysing the value chain and tapping into unconventional sources.

Gulf Arab States Eye Arabian Sea For Safer Water Supplies

The GCC is increasingly concerned that the waters of the Gulf may become undrinkable if there are any leaks from energy installations into the water.

Fifa Boss Backs Qatar 2022 World Cup Seasonal Change

Sepp Blatter has said he will propose moving the dates of the tournament to winter, in a bid to avoid Qatar’s summer heat.

Coronavirus Is Not Global Emergency – WHO Committee

Cases of MERS have been found in Saudi Arabia, Jordan, Qatar, the United Arab Emirates, Tunisia, Britain, France, Italy and Germany.

Abu Dhabi World’s Best Market For Rolls-Royce

The UAE capital recorded the highest number of sales across the maker’s markets in the first half of 2013.

Middle East Internet Users Addicted To Social Media

A majority of the internet users polled said they preferred virtual communication over face-to-face or telephone conversations.

UAE’s ADNOC, ADGAS Offer Rare Spot Cargoes

The offer came just days after ADGAS, partly owned by ADNOC, offered 25,000 tonnes of naphtha for loading from Das Island.

New Egypt Cabinet Sworn In Without A Single Islamist

The armed forces chief, Abdel Fattah al-Sisi, was given the post of first deputy to interim Prime Minister Hazem el-Beblawi.

European Refiners Buy Emirati Oil To Cover Shortage

High prices on Europe-destined sour crude coupled with weak demand for sour crude in Asia has opened a price gap over the last month.

Audi Middle East Sales Jump 20% In H1 2013

Audi’s pre-owned vehicle sales also witnessed substantial growth along with car sales.

Al Jazeera Buys Premier League TV Rights In ME

Qatar-based Al Jazeera reached agreement with TV sports rights firm MP & Silva for access to all 380 Premier League matches in 23 countries.

Kuwait Sends $200m Worth Of Oil To Egypt

Kuwait last week joined other oil-producing Gulf states in pledging a massive aid package worth $12 billion to Egypt.

Qatar Plans To Buy 118 German Leopard Tanks

The tiny Gulf state also plans to buy 16 tank howitzers from equipment makers Krauss-Maffei Wegmann and Rheinmetall.

Nokia Launches New Phone With 41-MP Camera

No Middle East release date issued by Nokia, as regional vice president believes the new phone will be popular in the region.

Dubai Commands 30% Of ME Luxury Market Share

The affinity towards luxurious brands and intra-region tourism has helped boost the luxury goods market in the emirate.

Oman’s Renaissance Sells Unit To UK Interserve For $46m

The UK group bought Topaz Oil and Gas to expand its growth in the Middle East.

Qatar, RWE In Initial Talks On DEA Unit

RWE said in March it was planning to offload DEA to slash capital spending and cut its multi-billion euro debts.

Egypt Announces Criminal Investigation Of Mursi

Egypt’s first freely elected leader has been held at an undisclosed location since the army removed him from power on July 3.

Morsi Fallout: Egypt’s Stock Markets

How have Egypt’s markets reacted to the second presidential ousting in as many years?

Underwater Hotels – Unique Concept, But Are They Profitable?

Tea Ros, managing director at Strategic Hotel Consulting, examines the challenges developers face in underwater construction.

Gulf Billions Buy Egypt Economy Breathing Space

Saudi Arabia and the UAE have offered Egypt $8 billion in grants and loans, while Kuwait has pledged a further $4 billion.

The Egyptian Rebel Who “Owns” Tahrir Square

A bunch of kids in T-shirts changed the course of the Arab world’s most populous nation by mobilising mass protests against the ruling Muslim Brotherhood.

Lenovo Beats HP To Become World’s Top PC Supplier

Industry analysts IDC and Gartner reported that Lenovo reached 16.7 per cent global PC marketshare in Q2 2013.

Brazil’s EBX, Abu Dhabi Fund Agree On Debt Refinance Deal

The agreement will reportedly cut EBX’s debt with Mubadala by more than 25 per cent to between $1.6 billion and $1.7 billion.

The GCC’s Future Generation Of Rulers

Following the ascension of Qatar’s Sheikh Tamim bin Hamad al-Thani, who will join him in the future in leading the Gulf states?

Fire Damages Qatari-Owned Historic Paris Hotel

The damage came as workers were putting final touches to a renovation by the owner, a brother of Hamad bin Khalifa al-Thani, the former emir of Qatar.

GCC IPOs Raise $48m In Q2 2013

Political instability in Egypt and other countries in the Middle East have dampened investor confidence resulting in low offering values.

London Remains Safe Haven For Middle East Property Investors

However, GCC investors are looking beyond traditional luxury hotspots such as Mayfair and Knightsbridge.