Bahrain welcomes Bush amid protests
Leaders roll out red carpet for the first US President to visit the Gulf kingdom.

Saudi should revalue now, bank says
State bank urges gov't to invest more assets outside US and reconsider continued dollar peg.

Iran won't be bowed by US, vows Khamenei
Supreme leader says country will not be brought to its knees over nuclear row.

Dubai reveals $3.1bn budget surplus
Emirate continues to diversify revenue sources with oil expected to contribute 4% of GDP in 2008.

Bahrain calls for tax on foreign firms
Companies should contribute to expenses to preserve rights of future generations, says speaker.

What took you so long Bill?
The Arab world holds huge potential and Microsoft's competitors refuse to be left behind, says Claire Ferris-Lay.

UAE to build nuclear reactors
France will sign framework agreement on nuclear power with the emirates.

Bush meets top officials in Kuwait
The US President in Kuwait a day after saying US troops "could easily" stay in Iraq for a decade.

UAE most globalised Arab country
Swiss report ranks UAE first in region for economic openness and attractiveness to foreign investments.

Investcorp buys $1.4bn New York property
Bahrain-based investment bank scoops Istithmar's Park Avenue offices.

Saudi tenants floored by rent hikes
Price misery in Kingdom compounded as real estate owners increase rents by up to 25%.

Arsenal hopes dented by O'Connor
Scotland striker damages Arsenal's Premier League title ambitions as equaliser wins Birmingham a shock 1-1 draw.

Ancelotti vows to end home blues
AC Milan Coach promises European champions will end dismal domestic league form this weekend.