0
OIL REVENUES WEIGH
Mideast airlines 'set to rake in $2.4bn in profits'
Middle East airlines will return a net profit of $1.6 billion in 2013, increasing to $2.4 billion in 2014, while the region’s hubs continue to expand in support of growing long-haul connectivity, a report said.
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$80bn FOR FOREIGN OPS
US House agrees $633bn in defence spending
The US House of Representatives overwhelmingly approved the annual defence policy bill on Thursday, authorising $633 billion in spending for 2014.
2
EVIDENCE OF SARIN GAS
Chemical arms used repeatedly in Syria: UN
Chemical weapons were likely used in five out of seven attacks investigated by UN experts in Syria, where a 2 1/2-year civil war has killed more than 100,000 people, according to the final report of a UN inquiry.
3
ANALYSIS
All forms of energy required to meet growing demand
The world will require all forms of energy over the next quarter century to meet a greater than one-third increase in demand that will be driven by population growth, improved living standards and expanded urbanization, a report said.
4
SPECIAL REPORT
New cancer cases top 14m in 2012 worldwide
An estimated 14.1 million new cancer cases and 8.2 million cancer-related deaths occurred in 2012, compared with 12.7 million and 7.6 million, respectively, in 2008, according to latest data released by the World Health Organisation (WHO).
Top Trade News
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Emaar unveils first big project at Expo 2020 site
Dubai's largest property developer, Emaar Properties has announced a major joint venture project with Dubai World Central (DWC) to build hotels, malls and golf course communities close to the emirate's 2020 World Expo site.
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UAE jeweller rolls out red carpet collection
Leading UAE jeweller Liali has unveiled its Red Carpet jewellery collection! comprising exclusive high end necklaces, chandelier earrings and cocktail rings this festive season.
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Total seals Oman deepwater drilling deal
French oil giant Total has signed an exploration and production sharing agreement (PSA) for a deepwater block offshore Oman as part of regional expansion strategy.
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Saudi inflation edges up to 3.1pc y/y in Nov
Saudi Arabia's inflation in November edged up to 3.1 per cent year-on-year mainly because of higher food and housing costs, according to a report.
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Al Qaeda tightens grip on western Iraq
In Iraq's western desert near the Syrian border, a signpost announces that you are entering al Qaeda's Islamic State of Iraq and the Levant. With increased attacks on strategic Iraqi targets, they are firming their grip on western side.
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Yokogawa wins big order for Saudi desal plant
Yokogawa Middle East & Africa has received an order from top EPC firm Petroleum, Chemicals & Mining Company (PCMC) to supply the control system for a desalination plant being built in Jubail.
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Gulf Air launches flights to Sialkot
Gulf Air, Bahrain’s national carrier, has announced that it will start services to its fifth destination in Pakistan – Sialkot, from January 17, with two flights per week.
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Bahrain eGA to offer 26 new Apps in 2014
The eGovernment Authority plans to offer 26 new applications on its new Government Apps Store by the beginning of 2014, said a senior official.
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GCC to set up joint military, police unit
In a major step forward to consolidate regional security, the Gulf leaders have agreed to set up a joint military and police command which will help expand anti-terror co-operation and co-ordination among member states.
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Hyundai to unveil concept car in 2014
Hyundai Motor is set to unveil its first concept car Intrado with styling inspired by Fluidic Sculpture 2.0, the latest iteration of Hyundai's design language, at the 2014 Geneva Motor Show.
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1,000 health experts at Doha innovation summit
Leading global health innovators and policy makers from 67 countries met in Doha to discuss solutions to the most pressing global health challenges at the inaugural World Innovation Summit for Health (WISH).
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Twitter backtracks on block feature over protests
Twitter was forced to nix a change to its "block" feature on Thursday after attracting a wave of protest from users who said the new policy empowered perpetrators of online abuse.
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DFM opens educational trading floor at varsity
Dubai Financial Market (DFM), which operates as a secondary market for the trading of securities, has inaugurated its educational trading floor at the American University in the Emirates (AUE).
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South Korean group in $1.1bn Iraq jet deal
Korea Aerospace Industries has signed a contract with Iraq to export 24 light fighter jets valued at $1.1 billion, said the South Korean company.
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