Main headlines

July 31, 2012

Tax
09:56 GMT

A panel discussion in Malaysia included a discussion of whether tax incentives for Islamic finance should be continued (they were first introduced in 2004/05).

Gulf markets remain mixed
08:39 GMT

Dubai real estate developer Emaar Properties rallied to its highest level since April 2011 yesterday, lifted by forecast-beating second-quarter earnings, but trading across the rest of the Gulf region was more mixed.

July 30, 2012

South Sudan President Salva Kiir with Israeli President Shimon Peres
23:24 GMT

South Sudan and Israel signed, in the latter’s capital Tel Aviv this week, their first economic cooperation agreement which focuses on development of technology and water infrastructure.

EDL's part time workers are not willing to end the strike until all demands are met.
19:16 GMT

The committee of Electricite du Liban contract workers announced Sunday that a new round of talks with officials would begin this week.

Gold
13:54 GMT

Ahead of Federal Reserve meeting on pro-growth measures, Gold price climbs over $1640.

Anglo Arab Alliance Logo
11:00 GMT

A new initiative aims to bring British luxury goods to the Middle East Arabian Business magazine reported Saturday.

Leaked iPhone 5
09:16 GMT

This is not the first time an iPhone 5 rendering has been leaked. Earlier this month tech site Gizmodo too had come out with several other renderings of the new phone.

July 29, 2012

Children are getting more into technology and gadgets.
23:28 GMT

Consumers worldwide are projected to spend some spend $2.1 trillion in 2012 on digital information and entertainment products, such as mobile phones, computing equipment, digital media and services, according to Gartner.

Doha trade with China over $5 billion last year
13:43 GMT

With Qatar pushing forward on a number of headlining investment moves over the past month it is not surprising that bilateral trade between China and Qatar is rising.

Saudi Shares
11:40 GMT

Saudi Arabian stocks advanced the most in almost four weeks on speculation governments and central banks will take steps to contain the euro-region debt crisis and stoke economic growth.

Oil Tanker
09:08 GMT

Iran is expanding its insurance on its fleet of 47 oil tankers through a multi-billion-dollar line of credit as it seeks to get around European Union (EU) sanctions crimping its crude exports, reports said yesterday.

Bahraini employee
07:48 GMT

Companies will no longer have to employ a set percentage of Bahraini nationals in a move praised by businessmen.

July 26, 2012

Gulf Arab markets trend down
13:21 GMT

Dubai Gulf Arab markets dipped into negative territory on low volumes yesterday as investors, focussed on the Muslim holy month of Ramadan and avoiding the region's searing summer heat.

Turkey border
10:32 GMT

Refugees are smuggled through but Turkey has deemed official borders with Syria too dangerous to stay open.

Gas pipelines to Israel have been attacked 15 times since Mubarak’s fall.
09:10 GMT

After a series of attacks on the gas line, the Egyptian president takes a stand.