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UK to expel Israeli diplomat over Dubai murder
Britain is to expel an Israeli diplomat from London over the use of British passports in the assassination of a Hamas leader in Dubai.
Israel’s survival at stake, Clinton warns
Hillary Clinton, US secretary of state, warned Israel that its survival could depend on negotiating a peace deal with the Palestinians and its Arab neighbours in an eagerly awaited speech that followed the recent rift between the two countries
London court rejects extradition request
British judges’ rejection of a request from the United Arab Emirates to extradite a Pakistani man accused of drugs offences has dealt a blow to both countries’ efforts to combat financial crime
StanChart executive in high-profile Dubai move
In a high-profile vote of confidence the bank is to move its executive responsible for all markets except Asia to the emirate
Citi begins long road back to Gulf affections
The US bank is increasing its investment and focus on the region but it will take time and dedication to regain the close ties it enjoyed for many years
Fund seeks to tempt European investors
An Abu Dhabi-based investment company has gained a licence that has enabled it to launch the first EU-compliant vehicle to focus on the Middle East
Iraq electoral chief rejects recount
The head of Iraq’s electoral commission rejected calls from premier Nouri al-Maliki for a recount in the general election. Mr Maliki said a recount was needed to ‘maintain the credibility of the elections’
Israel gives ground on Palestinian talks
Benjamin Netanyahu tries to end a rift with the US by signalling his willingness to take confidence-building measures aimed at restarting peace talks with the Palestinians
US mulls Middle East arms supply
The US is grappling with a dilemma over how to arm its Arab allies, delaying by months a request from the United Arab Emirates for information about possibly buying the showpiece Joint Strike Fighter
Dubai regulator fines leading jeweller
Dubai Financial Services Authority has imposed its most draconian sanctions to date by fining the region’s largest jeweller business and ordering the removal the company’s board
Related content and features
Comment
Watchdogs need more than teeth
The successes of Saudi Arabia’s market regulator demonstrate the need for political backing, says Andrew England
Markets Watch
Bourse rides wave of recovery
A rally in the oil price and the Saudi economy has helped the Tadawul to surge, writes Robin Wigglesworth
