Credit Cards Bolster Citigroup In UAE, Bahrain And Poland

Citigroup has experienced growth in credit card acquisitions in the UAE of 2.5 times over the past year, it said.

Qatar Airways Added $900m To The US In 2014, Says CEO

Akbar Al Baker once again refuted “baseless” subsidy claims, and called for the US government to continue its open skies agreement.

Revealed: Top 10 Medical Tourism Destinations In The World

Canada was ranked as the world’s best medical tourism destination worldwide in 2014, according to a new index.

Obama Seeks To Reassure Gulf Allies On Iran, Security At Summit

Tension over U.S. policy toward Tehran, Syria and the Arab Spring uprisings will loom over the meetings.

Absent From Obama Summit, Bahrain King Expected At UK Horse Show

Like Saudi Arabia’s King Salman, King Hamad has decided to send his crown prince to the United States in his stead.

Saudi King Allocates SAR1bn For Yemen Relief Centre

The money would be in addition to another SAR1 billion the monarch had pledged, Al Arabiya said.

Iran Says Saudi-Led Forces Cannot Inspect Yemen-Bound Ship

A military coalition led by Saudi Arabia has imposed inspections on all ships entering Yemen.

Closer Defence Ties Between US, Gulf Critical To Terrorism Fight -Kerry

US President Obama is holding a summit with the six GCC nations to discuss Iran, Yemen and other security issues.

UAE Ranks 45 Globally For School Education; Singapore Tops List

Published by the OECD, the biggest-ever global school rankings list is based on test scores in maths and science in 76 countries.

Emirates Airline Could Use European Hubs To Expand In Americas

The move could further anger US carriers, which accuse Emirates of competing unfairly through state subsidies.

Yemen Truce Starts After Shelling, Iran Sends Cargo Ship

The five-day humanitarian truce in Yemen came into effect at 11 pm on Tuesday.

Obama To Meet With Saudi Crown Prince, Deputy In Oval Office On Wednesday

Obama’s summit with the GCC countries begins Wednesday evening and continues on Thursday.

Alibaba’s Cloud Computing Unit To Establish Base In Dubai

Alibaba’s subsidiary Aliyun will set up a venture with Dubai-based Meraas.

Saudi Foreign Minister Says US-GCC Summit To Focus On “Aggressive” Iran

Adel al-Jubeir said the summit would focus on conflicts in Syria and Iraq and also on the fighting in Yemen.

Japan’s Cosmo Oil, Spanish Firm Cepsa In Talks For New Abu Dhabi Oilfield Stake

Abu Dhabi’s International Petroleum Investment (IPIC) owns all of Cepsa and is the biggest shareholder in Cosmo.

Saudi, Alcoa Aluminium Smelter Production To Top Initial Target This Year

Ma’aden, the Gulf’s largest miner, is currently exporting around 70 to 80 per cent of the smelter’s production.

Fresh Earthquake Kills Scores In Nepal And India

Atleast 66 have been killed by the 7.3 magnitude quake, which was centred close to Nepal’s border with Tibet.

Saudi-Led Air Strikes Hit Yemen Capital Hours Before Ceasefire

Residents said three air strikes hit a base for army units loyal to the Houthis in the north of the capital.

Abu Dhabi’s Image Nation To Finance Tom Hanks Thriller, The Circle

The movie has been written and will be directed by James Ponsoldt, and will start shooting in August 2015.

Emirates Adds Third Daily Flight To Beirut

The additional service will increase Emirates’ total number of weekly flights serving Lebanon to 21.

King’s Absence From US Summit Shows Saudi Displeasure Over Iran Push

Analysts and diplomats in the Middle East described King Salman’s decision to skip the meeting at Camp David this week as a snub.

Saudi King Salman Phoned Obama, Discussed Summit, Yemen

King Salman has nominated Crown Prince Mohammed bin Nayef to attend the summit in Washington and Camp David, Maryland.

OPEC Expects Oil Prices To Be About $76 A Barrel In 2025

Oil slipped towards $65 a barrel on Monday as signs that U.S. shale oil production was recovering.

Moroccan F-16 Jet From Saudi-Led Coalition Crashes In Yemen

Yemen’s Houthi militia said tribesmen shot down the aircraft.

Heavy Bombing On Yemen Border Area By Saudi Forces And Houthis

Saudi Arabia has offered a five-day ceasefire starting on Tuesday evening to allow delivery of humanitarian supplies into the country.

China Overtakes US To Become World’s Top Crude Oil Buyer

China’s crude oil imports hit a record of almost 7.4 million barrels a day last month.

Moroccan F-16 jet From Saudi-Led Coalition In Yemen Goes Missing

The pilot of a second jet in the same squadron could not see if the pilot had ejected from the jet.

Saudi King Sending Crown Prince To Summit With US President Obama

The summit coincides with the start of a five-day humanitarian truce in Yemen.

Top Egypt Medical Firm Sees London IPO 11 Times Oversubscribed

Integrated Diagnostics Holdings priced its offering of 65.2 million shares at an $4.45 per ordinary share.

Different Arab money

With Oil Prices Low, GCC States Agree To Push Value-Added Tax Plan

However, officials did not give any time frame for VAT to be introduced or specify the likely tax rate.