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  • Dubai port operator H1 profits up 26 percent Thursday, 28 Aug 2014 | 3:55 AM ET

    DUBAI, United Arab Emirates— Dubai- based port operator DP World said Thursday its profit rose 26 percent in the first half of the year as it was able to process more cargo thanks to new capacity and a pick-up in global trade. DP World ranks among the largest port operators, with a heavy emphasis on fast-growing markets in the developing world.

  • Regulators decided on Aug. 3 to put its healthy assets into a new entity, Novo Banco, and leave family borrowings, shareholders and junior creditors behind in BES.

  • KUWAIT, Aug 26- Kuwait is replacing the head of its securities regulator after a stormy four years during which he drew criticism from some investors for his attempts to clean up the bourse and for the stock market's weak performance.

  • WASHINGTON, Aug 26- Orders for long-lasting U.S. manufactured goods posted their biggest gain on record in July on strong international demand for aircraft, but the underlying trend remained consistent with a steady pace of domestic economic growth.

  • ABU DHABI, Aug 21- Banking group Standard Chartered is liable to legal action in the United Arab Emirates after it agreed to close some customers' UAE accounts in an anti-money laundering settlement with U.S. regulators, the UAE central bank said on Thursday.

  • Dubai's Nakheel to pay $2.1 billion in debt early Wednesday, 20 Aug 2014 | 8:33 AM ET

    DUBAI, United Arab Emirates— Dubai's developer Nakheel behind the famed man-made palm-shaped islands said Wednesday it is repaying 7.9 billion dirhams, or roughly $2.15 billion this month— nearly four years before the last installment is due.

  • Panasonic Corp, Fujitsu Ltd and others, seeking niche business opportunities to offset a downturn in demand for their consumer electronics, are touting automated greenhouses and sensor-controlled fields that ensure constant conditions to produce high-quality vegetables all year-round.

  • SINGAPORE, Aug 20- Previously ranked as Asia's top diesel importer, now No.3 Indonesia is expected to take a third less of the fuel this year as demand from mining falters and biodiesel use in transport and industry grows with a mandate implemented in January.

  • *Oil price at level seen as favourable by Saudi Arabia. LONDON/ DUBAI, Aug 19- OPEC is not worried about a slide in oil prices towards $100 a barrel, delegates from the producer group said, with current levels seen as acceptable for producers while higher seasonal demand in the coming weeks was expected to support the market.

  • Dubai creates new fund class to lure asset managers Tuesday, 19 Aug 2014 | 5:52 AM ET

    *Aims to compete with Luxembourg, Dublin and Cayman Islands. DUBAI, Aug 19- Dubai is changing its financial rules in an effort to attract more asset managers- particularly those serving the richest and most risk-tolerant investors, such as hedge funds and private equity funds- to base themselves in the emirate.

  • They include El Pollo Loco Holdings Inc, Zoe's Kitchen Inc, and Papa Murphy's Holdings Inc.. Shake Shack is present in many U.S. states including New York, New Jersey, Connecticut, Pennsylvania, Florida and Massachusetts.

  • RIYADH/ DUBAI, Aug 14- Seventy-year-old Saudi Arabian stock speculator Mohamed al-Otaibi says he lost hundreds of thousands of dollars in the crash of 2006, but he's back trading again as the Arab world's biggest bourse prepares to open to direct foreign investment.

  • BAGHDAD, Aug 13- Nuri al-Maliki stuck to his guns and refused to accept his removal as Iraq's prime minister on Wednesday, but his hold on power was tenuous as Iran's supreme leader, a long-time Maliki ally, publicly backed his replacement.

  • *RBS exploring sale of Coutts International. *Coutts International has come forward in U.S. tax probe.

  • *RBS exploring sale of Coutts International. *Coutts International has come forward in U.S. tax probe.

  • *RBS exploring sale of Coutts International. *Coutts International has come forward in U.S. tax probe.

  • ZURICH/ SINGAPORE, Aug 11- Royal Bank of Scotland is selling the international arm of its private bank in a deal that could be valued around $1 billion, sources said on Monday, as the British government leans on it to focus more on domestic lending.

  • ISTANBUL, Aug 10- Turks began voting on Sunday with Tayyip Erdogan poised to become the country's first elected president, fulfilling his dream of what he calls a "new Turkey" and his opponents say will be an increasingly authoritarian nation.

  • ISTANBUL, Aug 10- Tayyip Erdogan was poised to become his country's first elected president as Turks go to the polls on Sunday, fulfilling his dream of what he calls a "new Turkey" and what his opponents say will be an increasingly authoritarian and polarized nation.

  • Attorney Melinda Haag announced that Alfred J. Villalobos, a former member of the board of the California Public Employee Retirement System who later worked as a placement agent, engaged in a conspiracy to commit corruption, defraud the United States, conceal materials, and conspire to commit mail and wire fraud.