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EFG-Hermes buys stake in Panmure Gordon

Leading Egyptian investment bank in the Gulf has bought a 9.97 per cent stake in London-based stockbroker for £3.2m

Dubai buys ringside seat at Cirque du Soleil

Dubai World has bought a 20 per cent stake in a deal rumoured to value the touring circus company at £1 billion

MAN plans to build lorry factory in Iraq

German truck manufacturer, one of the biggest in the world, announces plans to play its part in the reconstruction of Iraq

Abu Dhabi to buy stake in General Electric

The move will see an $8 billion joint venture set up to provide commercial finance in the Middle East and Africa

Minerva mulls new £258m offer from Limitless

Proposed offer from Dubai property group for City developer boosts share price although investors sceptical of success

Etihad places world's largest aircraft order

Abu Dhabi airline orders from Airbus and Boeing despite fears about the impact of high oil price on aviation industry

Qataris spend £2.2bn buying 10% of Barclays

The Qatar government and Royal family take up to 10% of Britain's third largest bank which is raising £4.5bn

NYSE Euronext beats LSE over Qatari exchange

London Stock Exchange shares fell sharply on suspicions that the Gulf state could be about to sell its 15 per cent stake

Jeddah: city profile

Fears of further oil price rises after Nigeria attacks

Opec oil ministers are divided over the impact of a Saudi pledge to raise output as rebel attacks in Nigeria offset gains

Oil price edges closer to $140 a barrel

Oil prices surged to a record high despite Saudi Arabia's promise to increase its production by 200,000 barrels per day

Energy Minister asks Saudis for oil rethink

As price of oil hits $140 a barrel, with more increases expected, Britain goes in search of some stability from the Gulf

Kuwait eyes US banks as Lehman seeks cash

Kuwait Investment Authority is set to make further US investments to profit from fears that banks are still short of cash

Solar power the Gulf's next big earner

Abu Dhabi plans to invest $2bn in film photovoltaic technology in a project designed to make the Gulf state a world leader