Economics and Policy
Israel is set to drill for oil in a geological layer beneath its Leviathan gas field. The field could provide up to 1.5 billion barrels of oil.
Ministers in Egypt's new government pledge to end shortages but are cautious about deeper reforms.
Qatar moves to displace Dubai as region's financial hub.
Companies and Business
Dubai real estate transactions were up 30 percent in H1 2013, year-on-year.
Audi Saradar Group posts flat year-on-year profits in H1 2013.
Mubadala sells stake in Petrofac oilfield-services venture in order to grow private energy sector.