The UAE has the highest number of private jet owners in GCC, according to new research. Global Jet Capital, a private jet financier, says customers in the UAE purchased 61 mid to heavy private aircraft between 2005 and 2014, the highest in the GCC. A total of 288 aircraft, which cost between $25 million and $75 million, were delivered to customers in the Middle East during the same time period. Saudi Arabia came in next with 52 deliveries, followed by Qatar at 17. The largest number of purchases in the Middle East came from Turkey at 79.

UK's Jaguar Land Rover to cut 4,000 jobs over next two years
Salik renews tolling technology deal for five years
Volkswagen flags 50,000 job cuts across group
UAE tightens anti-fraud rules, sets 24-hour deadline to withdraw fake goods
Apple facing $2.7 billion UK lawsuit over 'unfair' app tracking rules
