Main headlines

September 4, 2014

The results were carried out by a HSBC UAE Purchasing Managers’ Index survey (File/AFP)
09:55 GMT

Non-oil business activity in the UAE expanded in August at the fastest pace on record as the country obtained high points in output and new business.

The Camel Soap Factory makes products from 25 per cent camel milk and olive oil (Image: Flipkart)
09:28 GMT

Dubai-based SME, The Camel Soap Factory, is looking to touch in German and Indian markets next year as it continues to expand.

According to a letter of intent signed by the Israeli side, Jordan will buy 45bn cubic metres of natural gas over a period of 15 years.
04:55 GMT

In August 2014 Jordan’s Energy Minister Mohammed Hamid complained that Egypt’s decision to halt its exports of natural gas to Jordan in April had exacerbated the country’s energy crisis.

Saudi Arabia has approved a number of new airport development projects worth more than SR5 billion ($1.33 billion), according to reports.
04:55 GMT

The projects include building a new airport at Jazan called the King Abdullah Bin Abdulaziz Airport and the expansion of the airport in Arar.

September 3, 2014

 Iran has agreed to export 20 million cubic meters per day (mcm/d) of gas to Oman, Iranian Oil Minister Bijan Namdar Zanganeh said.
20:26 GMT

Oman began importing Qatari gas in 2007, but its demand has risen rapidly since then, threatening its LNG exports and pushing Muscat back to the negotiating table with Tehran.

Fahmy declined to reveal the names of investors that are slated to settle their disputes with government bodies, saying that the settlements have not yet been approved by the cabinet.
19:39 GMT

Fahmy declined to reveal the names of investors that are slated to settle their disputes with government bodies, saying that the settlements have not yet been approved by the cabinet.

Middle East airport traffic grew by 9.2 per cent in July (File/AFP)
13:20 GMT

Middle Eastern airlines recorded the strongest growth in passenger traffic in July with a 9.2 per cent rise, according to a report.

Crystal Lagoons Corp is the world's leading company for luxury lagoons and resorts (Image: Hospitality Business)
12:19 GMT

The leading world developer of giant crystalline lagoons has unveiled a massive 8-hectare project in the Prince Sultan Cultural Centre to build hotels, a medical city, educational facilities, villas and apartments.

Dubai's Public Transport Agency aims to boost marine transport to 1.25 million customers by the end of 2014 (File/AFP)
11:52 GMT

The PTA and RTA launched a Dubai Ferry line to increase marine transport around the Emirate, with five long-distance trips.

City Centre Muscat will have 60 new stores and a new dining zone, following the expansion project (Image: Blogspot)
09:01 GMT

Leading Dubai developer Majid Al Futtaim announced plans to expand a retail mall in Oman's capital, Muscat, including 60 shopping and dining options.

Siemens aims to increase its presence in the GCC region (Image: Designmena)
08:37 GMT

Global tech giant Siemens handed over the Shuweihat S3 power plant in Abu Dhabi to begin commercial operations.

More than 61,000 Turkish nationals have traveled to Mecca this year to perform the hajj, a ritual compulsory for all Muslims who are physically and financially able to make the journey.
04:55 GMT

Turks are expected to spend $1.1 billion on pilgrimages to the holy city of Mecca this year.

Lebanon's economy is expected to grow 1.5 to 2 per cent and inflation is not expected to exceed 4 per cent in the year 2014, despite the fall-out from the war in neighbouring Syria,
04:55 GMT

Lebanon's economy has been hard hit by the war in Syria, which started in 2011 and has repeatedly spilled over into the small Mediterranean country

September 2, 2014

Flights will start to Oslo and Brussels on September 2 (File/AFP)
12:29 GMT

The biggest Middle Eastern airline, Emirates, added two more destinations to its network this week including Oslo and Brussels.

Emirates NBD will expand operations in Saudi, according to the company's CEO, Shayne Nelson (File/AFP)
12:03 GMT

Dubai's largest bank, Emirates NBD, is looking to increase its presence in Saudi Arabia, CEO of the company announced.