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Berlin forces up Emirates’ business fares

Berlin has forced Emirates to raise the prices of business class tickets on flights out Germany as concerns about the Middle East’s largest airline grow as it expands into continental Europe

Orascom to challenge $596m tax bill

Egyptian teleco says it will dispute an Algerian demand for $596.6m in back taxes and penalties against its subsidiary Orascom Telecom Algeria

GE prices Islamic corporate bond

GE has taken a move that will help open up a niche market to a broader non-Muslim investor base

Dubai’s air traffic defies downturn

Aviation has remained one of the city’s few upbeat sectors with traffic through the airport rising for five months

Emirates eyes $1bn profit next year

The Middle East’s biggest airline should make a $1bn profit next year, its chairman says, brushing aside the global aviation crisis that has seen rivals post record losses

Dubai air show deals starting to trickle in

The third day of the Dubai air show ends much as the first two did, with just a handful of extra order announcements from the main aircraft manufacturers, which organisers said brought the total value of air-show deals to $8.3bn

US military supplier accused of prices fraud

The US government charged the main food supplier to troops in Iraq – the recipient of more than $8.5bn (€5.7bn, £5.1bn) in contracts – with systematically overcharging for burgers, chicken and crustaceans, among other products

Sharjah companies set fair for recovery

Sharjah’s vibrant community of small and medium-sized businesses has found plenty of opportunities over the past decade but its close economic link with Dubai has proved less beneficial of late

Inflation rears its head again in Egypt

The country’s central bank has blamed the ‘transitory’ problem of rising fruit and vegetable prices caused by a poor harvest for a surge in the headline rate

Oil heavyweight ponders landscape

The head of the world’s most influential state oil company predicts demand will grow at a ‘reasonable pace’, increasing annually by perhaps 1m to 1.5m barrels per day from 2010

Travails test Alba’s mettle

Egyptian bourse becomes Arabian star

Comment: Oil wealth must be used prudently

Babcock eyes rapid growth

Egyptian broker to buy investment bank

Nomura bets on bridging cultural divide

Solar power’s prospects rise in the east

Zim bail-out approved by narrow vote

Iraq oil deal puts pressure on Opec

Investment banks breathe again

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