UAE outrage at Human Rights Watch 'affront'
COLOMBO PROCESS: UAE hits back at rights advocate group Humans Right Watch.

Gulf central banks face uphill battle
WEF: More future US rate cuts will increase pressure on banks to revalue, says Saudi economist.

Saudi plans first sovereign wealth fund
WEF: Ministry of Finance plans $6bn fund to channel spare cash into shares in foreign firms.

Rice offers Iran 'normal ties' to drop nuclear plan
WEF: US has no desire for Iran to be permanent enemy, says secretary of state.

Wealth fund fears unjustified, say experts
WEF: Funds are solving global economic problems and should not be over-controlled, forum hears.

So much money, so little time...
The wealth of the region is piling up - and increasingly is heading into technology investments, says Eliot Beer.

Construction boom lifts Saudi scrap iron prices
Huge industry demand leads scrap hunters to pay up to 70% more year on year.

RAK to test floating solar island
Islands off UAE coast could convert sunlight into electricity on a massive scale.

Iran brushes off new sanctions threat
Country will not be prevented from developing nuclear power, president warns world powers.

Tigana questioned in French transfers investigation
Former Monaco and Fulham manager held by Marseille police over suspect moves and money laundering.

Ruthless Chelsea book final date with Spurs
London rivals to meet in next month's League Cup final after crushing Everton's dream.