UAE. Dubai expects two of its main companies to refinance debt this year without government help as economic growth accelerates. "I'm very confident they will manage to sort out these issues on their own," Mohammed Al Shaibani, director general of the Dubai ruler's court, said.
UAE. Qatar, Saudi Arabia and Kuwait all ranked in the top 10, with the three nations performing especially well on the basis of their propensity to spend on imported luxury goods and healthy appetite for premium travel.
SAUDI ARABIA. Prince Saud al-Faisal said the involvement of Iran alongside Shi'ite militias to retakeTikrit from ISIL was a "prime example" of what worries Saudi Arabia. He said Iran was taking over Iraq.