Saudi king claims terror threat ignored
King Abdullah says Britain failed to act on intelligence which could have prevented 7/7 bombs.

Blaze engulfs Sharjah factories
Workers seriously injured after gas explosion causes huge fire at Sharjah industrial estate.

Iran militia could hit Gulf shipping routes
Possible attacks on the Strait of Hormuz could have serious impact on Gulf oil flows, commander says.

Indian exports ban takes toll on Dubai
Fruit and vegetables disappear from shelves as producers ban exports over price dispute.

UAE, US review trade talks progress
The two countries talk trade, economic relations and joint investment ventures during US treasury visit.

Emirates worth up to $30bn, president says
Tim Clark says reported $20bn price tag would be a 'minimum' in any future IPO.

Gulf funds may respond to transparency calls
US treasury official says sovereign funds could agree to demands for more accountability.

Egypt fires starting gun in nuclear race
President Mubarak says country will launch programme to build several nuclear power stations.

Qatar UK gas exports delayed to June
Project to export Qatari gas to Britain will start a few months later than planned.

IAEA gives Iran boost ahead of crunch talks
Cooperation with Iran described as 'good' by IAEA official upon arrival in Tehran.

Crucial single currency decision not till 2008
Gulf rulers to decide on monetary union next year, not at a summit in December, report says.

Turkish helicopter gunships pound Kurd guerrillas
Turkey flexes military might against PKK as nation celebrates 84th anniversary.

Iraq bicycle bombing kills 30
Policemen victims of suicide bombing at base north of Baghdad, worst attack on security forces in months.

Batelco to splash $4bn on international expansion
Bahraini operator plans to buy telecom operators rather than bidding for licences.

Nas Air moves in on national routes
NAS seeks $4bn to fund fleet growth as budget carrier ends monopoly of Saudi Arabian Airlines.

Dubai in $1.63bn move for Singapore shipyard
Dubai Drydocks offers to buy Labroy Marine as interest in rig-building assets heats up.

CEO Middle East Awards 2007

Week in Pictures