International Edition
22 May 2013 Updated at 5:03 PM UAE
Banking & Finance»

Abu Dhabi's Man City seals MLS team franchise

Abu Dhabi's Man City seals MLS team franchise

City, owned by Sheikh Mansour, join baseball giants to launch Major League Soccer club in New York

UAE's Sheikh Mansour said to eye US football franchise Abu Dhabi's Man City climbs world money list Man City denies $100m US franchise report
Oman Air places order for Airbus planes
Transport»

Oman Air places order for Airbus planes

National carrier says it has ordered three A330s from European plane manufacturer

Politics & Economics»

Bahrain MPs vote to ban pork in kingdom

Lawmakers votes for tougher measures on eating pork, drunkenness and sodomy - report

Bahrainis slam proposed pork ban, penalties Qantas takes pork off menu after Emirates tie-up Fast food giant to pay $700k for halal mislabelling
Turbulence drama injures 13 on Emirates flight
Travel & Hospitality»

Turbulence drama injures 13 on Emirates flight

Flight attendant reportedly suffers serious injury during flight to Jakarta

Kerry hails tentative $2.1bn arms sale to Oman
Politics & Economics»

Kerry hails tentative $2.1bn arms sale to Oman

US Secretary of State offers personal thanks to Omani officials over plan to buy air defence system

Arabtec says workers have ended four-day strike
Construction»

Arabtec says workers have ended four-day strike

Dubai construction firm says 'minority group' will be held accountable for their actions

Banking & Finance»

UAE's Etisalat waiting to hear on Maroc Telecom bid

CEO says he has yet to hear back from Vivendi on bid for its 53% stake in telco

Etisalat may buy state's stake in Maroc Telecom Gulf telcos confirmed as suitors for Maroc Telecom Etisalat to make offer for Maroc Telecom stake
Nakheel awards Dragon Mart extension contract
Construction»

Nakheel awards Dragon Mart extension contract

Dubai developer picks ADC Energy Systems for construction of cooling plant at project site

Dubai's Emirates NBD launches $1bn bond
Banking & Finance»

Dubai's Emirates NBD launches $1bn bond

Arranging banks say Dubai's largest lender is expected to see strong demand for bond

Emirates NBD plans to tap global debt markets My departure won't slow expansion, says Rick Pudner Dubai's largest bank posts 31% Q1 profit rise

Middle East Market Data »

ADX

Market closed at 3,510
ASE

Market closed at 2,015
BSE

Market closed at 1,167
DFM

Market closed at 2,319
KSE

Market closed at 8,242
MSM

Market closed at 6,367
QE

Market closed at 9,037
SSE

Market closed at 7,355
Culture & Society»

UAE seizes 260 illegal elephant tusks

Shipment of illegal ivory believed to be biggest Gulf state has seen

Dubai police in new crackdown on ivory smuggling Dubai key traffic route for Egypt ivory trade Dubai Customs seize 1834 items in 2012
Qatar wins green light for London Shell Centre
Real Estate»

Qatar wins green light for London Shell Centre

Project site on River Thames will include almost 900 homes and eight office blocks

Real Estate»

Dubai's TECOM shakes up real estate business

Dubai Holding unit announces new operational structure to 'capitalise on emirate's growth prospects'

Dubai's Tecom inks deal with London's Tech City Dubai tech free zones see 15% growth in tenants Dubai Industrial City companies increase 82 percent
Saudi Arabia deports 200,000 workers in three months
Politics & Economics»

Saudi Arabia deports 200,000 workers in three months

Kingdom is in the middle of major crackdown on illegal workers to boost jobs for nationals

Culture & Society»

Verdict in UAE sedition case due on July 2

More than 90 Emiratis are on trial in Abu Dhabi charged with plotting to overthrow gov't

UAE says al Qaeda terror cell uncovered Kuwait PM says two Kuwaitis among 94 accused in UAE plot trial UAE trial of 94 accused of Islamist plot begins
Turkey's TAV to bid for Kuwait, Bahrain airport contracts
Construction»

Turkey's TAV to bid for Kuwait, Bahrain airport contracts

Construction firm says it is waiting for the release of tenders for new terminal building projects

Power giant Siemens wins $266m Saudi deals
Energy»

Power giant Siemens wins $266m Saudi deals

Saudi Electricity Company hires firm to supply five gas turbines, build substation

Top US official in Oman for $2.1bn arms deal signing
Politics & Economics»

Top US official in Oman for $2.1bn arms deal signing

US Secretary of State John Kerry visits Gulf state as Oman is poised to sign air defence deal

Sport»

Bahrain businessman takes up Leeds Utd role

English football club confirms Salah Nooruddin has been appointed new vice-chairman

Dubai owners unveil new Leeds United manager Dubai-owned Leeds Utd part company with manager Dubai owner of Leeds Utd says mulling more stake sales
Banking & Finance»

Gulf pension funds ramp up assets amid Arab Spring

Study shows that state pension funds have sharply increased asset amid demographic shift

Global SWF assets to grow to $5.6 trln by year end Bahrain urgently need to reform economy, says IMF Abu Dhabi says financial zone to bridge gap in global day
Dubai's GEMS to open new Wellington school in Sept
Education»

Dubai's GEMS to open new Wellington school in Sept

Education firm says GEMS Wellington Academy – Al Khail will be its fourth in the emirate

More to this bull market than meets the eye
Equities»
More to this bull market than meets the eye
Your guide to looking sharp in business
Fashion»
Your guide to looking sharp in business
Reviewed: the Aston Martin Vanquish
Cars & Boats»
Reviewed: the Aston Martin Vanquish
Are there too many Brits in the UAE?
Culture & Society»
Are there too many Brits in the UAE?
The world according to Badr Jafar
Banking & Finance»
The world according to Badr Jafar
The irresistible imagination of the Great Gatsby
Arts»
The irresistible imagination of the Great Gatsby
The modern-day thobe
Fashion»
The modern-day thobe
How to dress like Mad Men's Ms Joan
Fashion»
How to dress like Mad Men's Ms Joan
Oh no, not him again
Real Estate»
Oh no, not him again
Akbar Al Baker: No holds barred
Transport»
Akbar Al Baker: No holds barred
The Dubai real estate waiting game
Property»
The Dubai real estate waiting game
Family fortunes
Healthcare»
Family fortunes
Passion for success
Industries»
Passion for success
Rezidor CEO Wolfgang Neumann
Travel & Hospitality»
Rezidor CEO Wolfgang Neumann
How to dress like Harvey Specter
Fashion»
How to dress like Harvey Specter
Dubai may get creative to ease looming debt hump
Banking & Finance»
Dubai may get creative to ease looming debt hump
Kuwait takes tentative steps to connect with youth
Politics & Economics»
Kuwait takes tentative steps to connect with youth
New Abu Dhabi financial zone to challenge Dubai
Banking & Finance»
New Abu Dhabi financial zone to challenge Dubai
Mission possible
Travel & Hospitality»
Mission possible
Culture & Society»
Michael Owen leads tributes to UAE Brits

Michael Owen leads tributes to UAE Brits

Football legend Michael Owen in Dubai to honour expats at Arabian Business ceremony

Luxury Living»
Dubai's Burj al Arab introduces gold iPads for guests

Dubai's Burj al Arab introduces gold iPads for guests

Bespoke tablets will be given to guests upon check-in at Dubai luxury hotel

Dubai retailer unveils $12,250 gold iPhone
Luxury Living»
Dubai retailer unveils $12,250 gold iPhone

Dubai retailer unveils $12,250 gold iPhone

Luxury Givori phone also includes alligator skin, diamonds and gemstones

Dubai hotel to auction one-of-a-kind 24-carat iPad
Arts»

Doha set to launch two new film festivals

Highlights will include a special 'Made in Qatar' section, says Doha Film Institute

Doha Film Institute cuts Tribeca festival ties
Photos»
Michael Owen on target at UAE Brits Party
The 8th Arabian Business Forum
Tornado outbreak slams through Oklahoma
Boeing 787 makes first US flight since grounding
UAE Brit List 2013 revealed
Sport»
PSG's Qatari owners turn down Ancelotti's request to leave

PSG's Qatari owners turn down Ancelotti's request to leave

Manager who secured French football side's first title since 1994 is keen on Real Madrid switch

Travel & Hospitality»
Dubai's Jumeirah announces tie-up with Aston Martin

Dubai's Jumeirah announces tie-up with Aston Martin

Luxury hotelier will be sponsor of car maker at upcoming Nurburgring 24-hour race

Dubai's Jumeirah in talks for hotel in India's Goa
Travel»
ITP to publish Conde Nast Traveller Middle East

ITP to publish Conde Nast Traveller Middle East

New magazine to target premium sector of travel market

Videos»
First Saudi woman to climb Everest
Duo barred from Iran election
Robot designed to mimic cheetah
Yemenis protest against US action
Travel & Hospitality»
Saudi woman reaches summit of Mount Everest

Saudi woman reaches summit of Mount Everest

Raha Moharrak becomes the youngest Arab to stand on top of world's highest mountain

Saudi women hike to Everest base camp for breast cancer awareness
Luxury Living»
Qatar could be chosen for new Ferrari launch

Qatar could be chosen for new Ferrari launch

Only six of the Pininfarina-designed Ferrari Sergio car will be produced in the world

Dubai police women to drive Ferraris, says top cop
Construction»
Dubai Frame project to be completed by end-2014

Dubai Frame project to be completed by end-2014

Window-frame like structure will provide views of both old and new Dubai

Nakheel awards Jumeirah Circle villas contract

Middle East Events »

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View all events»
Most Popular
Don't miss
The 8th annual Arabian Business Forum

The 8th annual Arabian Business Forum

Catch up on all the action, with speakers including Dr Nasser Saidi and Ryan Mahoney

UAE Brit List 2013 revealed

UAE Brit List 2013 revealed

Arabian Business counts down the most influential Brits operating in the UAE

Gulf remittances 2012: Which countries sent money where?

Gulf remittances 2012: Which countries sent money where?

Remittance flows to developing countries have more than quadrupled since 2000, rising to over...

Revealed: World’s best real estate investment cities 2013

Revealed: World’s best real estate investment cities 2013

Find out which Gulf city made it in the top 15 best performing cities for real estate this...

REVEALED: the world's top universities

REVEALED: the world's top universities

King Saud University in Saudi Arabia is the highest ranked education facility in the Middle...

First look at Dubai's MBR City plans

First look at Dubai's MBR City plans

Artist's impressions reveal design and scope of Dubai's latest mega project

REVEALED: Dubai's most luxurious hotel floor

REVEALED: Dubai's most luxurious hotel floor

14th floor of Raffles Dubai offers over 2,000 sq m of accommodation, entertainment, meeting...

REVEALED: The best schools in Dubai

REVEALED: The best schools in Dubai

The 12 schools rated as 'outstanding' in the 2013 KHDA rankings

Dubai police on patrol in new Lamborghini

Dubai police on patrol in new Lamborghini

New supercar can reach speeds of up to 217 mph in effort to catch criminals in emirate

Most Discussed
  • 37
    Dubai labourers stage rare strike for more pay

    As much as I love the UAE, this will be a problem for them in the future. Lets look at this from any democratic Country on Earth. If I decided not to turn... more

    Wednesday, 22 May 2013 11:56 AM - Ty Say
  • 18
    Are there too many Brits in the UAE?

    Salman Al, perhaps nobody has informed you of the fact that Britain has been 'paying back' for decades now, in giving safe haven to a vast swathe of imigrants... more

    Wednesday, 22 May 2013 1:33 PM - Mark
  • 5
    Turkish Airlines says sorry for flights mix-up

    Well, don't you know that these were AMERICANS!! The most ignorant nation in the World!!! May God continue to bless America! more

    Wednesday, 22 May 2013 4:34 PM - Kazim Muneer
Read all user comments »
  • 37
    Dubai labourers stage rare strike for more pay

    As much as I love the UAE, this will be a problem for them in the future. Lets look at this from any democratic Country on Earth. If I decided not to turn... more

    Wednesday, 22 May 2013 11:56 AM - Ty Say
  • 24
    Kuwait to start medical care segregation on June 1

    Let me put the entire issue in perspective. There are massive traffic problems on the roads of Kuwait, where Kuwait can boast high road fatalities and... more

    Tuesday, 21 May 2013 1:28 PM - Abdullah
  • 18
    Are there too many Brits in the UAE?

    Salman Al, perhaps nobody has informed you of the fact that Britain has been 'paying back' for decades now, in giving safe haven to a vast swathe of imigrants... more

    Wednesday, 22 May 2013 1:33 PM - Mark
Read all user comments »
  • 54
    Emirates defends no staff bonus, despite huge profit

    Happy employees, happy customers. Quite simple actually. 60,000 unhappy staff, well, you do the math on how many unhappy customers can result from poor... more

    Monday, 20 May 2013 10:27 AM - Louie Tedesco
  • 42
    Qatar teacher jailed for insulting Muslims

    Islam is not better than any other religion, to all the muslims out there, stop putting yourself on a pedestal, you are filled with self importance that... more

    Tuesday, 14 May 2013 9:58 AM - graeme
  • 37
    Dubai labourers stage rare strike for more pay

    As much as I love the UAE, this will be a problem for them in the future. Lets look at this from any democratic Country on Earth. If I decided not to turn... more

    Wednesday, 22 May 2013 11:56 AM - Ty Say
Read all user comments »
Lifestyle & Jobs
This Week's Magazine »
Arabian Business - 2013-05-19

Cover Story

The world according to Badr Jafar
Just about everything Badr Jafar touches turns to golD, formed just seven years ago, his crescent enterprises is raking in over a billion dollars in revenues and is highly profitable. But the young Emirati insists profits are just part of the plan.

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