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We’re here for the long run

The head of HSBC’s wholesale business in the Middle East and its Islamic finance unit says the region is central to the bank’s plans

Iraq oil dispute

The proposed contracts process is a step forward but no substitute for a clear legal framework

Bottom of the bourses

You would think Saudi Arabia’s stock exchange would be soaring but in fact it is languishing

Abu Dhabi aims to join GE shareholders

Mubadala, Abu Dhabi’s increasingly powerful state investment vehicle, said it planned to become one of General Electric’s biggest institutional investors as it announced a series of deals with the US group, including a $8bn joint venture to set up a commercial finance business

GE extends global reach to Middle East

General Electric has joined the growing procession of US companies seeking solace from their domestic problems in the Middle East

Minerva surges after Dubai deal

The London property developer has agreed to an offer from Limitless, a property company owned by the Dubai government

New naval outfit taps Mideast market

Britain’s new shipbuilding champion, BVT Surface Fleet, is teaming up with Abu Dhabi Ship Building to provide maritime support services in the Gulf region

Teva to buy Barr for $7.5bn

Acquisition will boost Israeli group’s position as the largest seller of off-patent medicines

Subprime woes increase draw of Gulf

The credit crunch is easing a shortage of finance professionals in Dubai and other Middle East centres

Oman’s tourism balancing act

The sultanate is hurrying to develop itself as an upmarket destination while preserving its traditions

Institutions fail to flock to DIFX

Saudi Arabia approves setting up of new fund

Abu Dhabi fund in deal to supply Airbus parts

Etihad places $20bn order for new fleet

Dubai’s interior wizard steps out

New orders to lift Farnborough Airshow

Marriott warns on falling US business travel

Lex: Indian political crisis

Lex: Banks and rumours

Money influx drives research demand

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