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Top Libya oilfield to resume operations

Libya's major Sharara oilfield will resume operations after an agreement was reached with the armed group that had shut it down last month, a senior Libyan

Bahrain set to scrap quota system on jobs

Bahrain’s Labour Ministry has proposed scrapping the quota system that dictates how many nationals private companies must hire and introducing a 

Kuwait gov’t mulls action to force down medical fees

The Kuwaiti government is considering intervening in the private health sector to force providers to reduce their fees for medical treatment and services

BMW achieves 22pc rise in H1 sales

BMW Group Middle East has recorded a 22 per cent increase in sales for the first half of 2013, compared to the same period in 2012

Smartphone penetration at 73pc in UAE

The smartphone market in the UAE is strong with a 73 per cent penetration and most consumers looking to upgrade devices said a research study

Competition ‘harming UAE takaful sector’

Despite rising contributions (premiums), which grew at over 15 per cent in 2012, the UAE takaful sector is not performing effectively for either the fund members, through generation of reliable fund surpluses for distribution

Dubai leads global rise in luxury rents

Prime rents are rising strongly in many emerging markets, with Dubai leading the climb with an 18.3 per cent rise in the year to March, a report said

Qatar plans $200bn construction projects by 2022

Qatar plans to invest more than $200 billion in construction projects with focus on transport and tourism infrastructure and expansion of the Doha airport as the country enters a critical phase of its preparations to host

Dubai ‘can raise $1bn from telecom stake sales’

Dubai Holding could raise almost $1 billion from the sale of its minority stakes in two telecoms firms, J.P. Morgan said in a research note, part of a strategy 

Aviation experts for ”open skies” policy

Leading aviation experts, who gathered in Salalah, Oman for the third edition of 'Arab Aviation and Media Summit,' have called upon regional governments 

‘’Emirates’’ raises $630m for aircraft lease deals

Dubai's flagship airline carrier Emirates last week raised $630m through the issuance of enhanced equipment trust certificates (EETC) to fund the purchase 

Telecom Italia denies Qatar stake sale talks

Telecom Italia denied on Monday it was in talks with Qatari funds to sell a stake in its fixed-line business after it completes a planned spin-off
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