Boeing Co’s biggest-ever civil jet order solidifies the US manufacturer’s lead in the market for wide-body planes and helps hold at bay Airbus SAS’s attempt to encroach on its dominance with the A350 airliner.

Boeing signed an agreement with Emirates Monday at the Dubai Airshow for 50 777-300ER jets, and an option for 20 more, in a deal valued at $26bn.

The daughters of jailed British property developer Safi Qurashi have staged a break in their 30-day vigil outside the UAE Embassy in London to discuss their father’s case with the ambassador.

Thirteen-year-old Sara and 10-year-old Maaria have been lobbying outside the embassy for more than a week in a bid to secure their father’s release from a seven-year jail term for cheque fraud.

Union Properties' third-quarter net loss more than doubled as the struggling developer booked additional provisions amid a sharper drop in the valuation of its properties.

The Dubai-based firm posted third-quarter loss of AED1.06bn ($288.6m) compared with a loss of AED451.8m made reported during the same period in 2010. It booked AED1.17bn as impairment provisions on the valuation of its properties in the quarter.

Abu Dhabi National Energy Co, the state-run company that is investing $10bn in Canada, Europe and Africa, said third-quarter profit more than doubled as oil and gas revenue rose.

Net income advanced to AED537m ($146m), compared with AED218m a year earlier, as oil and gas revenue rose, the company, also known as Taqa, said Tuesday in a statement.

Revenue from oil and gas increased 68 percent to AED2.7bn, with output rising 0.7 percent.

Spot gold prices inched down on Tuesday, as investors unnerved by an Italian bond auction focused on the scope of the task faced by new governments in Italy and Greece in keeping the region's sovereign debt crisis under control.

Though gold is supported by its safe-haven allure, it is prone to spillover from the heavy sell-off in the wider financial market, where sentiment remains fickle over Europe's painful journey en route to solving its debt crisis.

Brent crude futures rose above $112 on Tuesday, recouping some of the previous session's fall of more than $2, while concerns over Europe slipping into a recession and hurting oil demand growth capped the gains.

Investors are worried about the ability of politicians in Italy and Greece to push through painful reforms to resolve their debt crises. Those concerns kept the euro at the bottom of its range for this month and pushed Asian shares lower.

Alafco, the Kuwait-based aviation leasing and financing company, said on Monday it has finalised an expanded order for 50 Airbus A320neo aircraft.

It has also taken options for 30 more to be finalised by year-end, Alafco said in a statement.

The contract, which was signed on Monday at the 2011 Dubai Airshow, is an increase of the initial deal inked at the Paris Le Bourget Airshow for 30 A320neo aircraft, the company added.

Dubai's real estate regulator said on Monday it has accredited 18 auditing firms to conduct financial check on property projects in the emirate.

The Real Estate Regulatory Authority (RERA), the regulatory arm of the Land Department, said the move was part of a strategy to boost good governance measures in the real estate sector and enhance transparency.

The UAE's request for technical details on the Typhoon combat jet built by European arms consortium Eurofighter has not shaken France's confidence in securing a deal to sell the Gulf state more than French 60 Rafale warplanes, the French air chief told Reuters.

"Getting information on different systems is fine," General Jean-Paul Palomeros said on Sunday on the sidelines of the Dubai Air Show.

Kuwait's Agility, the logistics firm facing US fraud charges, posted a 42 percent fall in third-quarter net profit on the back of lost defence and government work, the firm said on Monday.

Net profit in the three months to September 30 came in at KD8.1m ($29.4m), compared with net profit of KD13.9m in the year earlier period, Agility said in a statement.

"Revenue and net profit fell ... from the same period last year mainly as a result of lost defense and government business.