International Edition
21 May 2013 Updated at 1:02 AM UAE
Real Estate»

Australian execs jailed over Dubai property deal

Australian execs jailed over Dubai property deal

Matt Joyce, Augus Reed sentenced to 10 years in prison on property fraud charges - report

Developer Sunland seeks retrial of Dubai-linked case Australia launches new probe into Sunland's Dubai claims UAE in talks to ease visa requirements to Australia
Dubai's Damac begins work on first Iraq project
Real Estate»

Dubai's Damac begins work on first Iraq project

Property developer starts construction on $100m 26-storey luxury residential complex

Sales at Damac Paramount towers top $270m Damac mega project will be Dubai Beverly Hills Damac, Paramount close in on Riyadh hotel deal
Qatar Airways sued after drinks trolley injury
Travel & Hospitality»

Qatar Airways sued after drinks trolley injury

Australian passenger said to be suing airline after being hit by a drinks trolley during flight

Politics & Economics»

Saudi Arabia inks agreement on Filipino maids

Historic deal follows years of disputes over treatment of unskilled expat workers in Gulf kingdom

Saudi calls for GCC-wide rules on hiring maids Indonesian maid sentenced to death in Saudi Saudi's illegal immigrants draw fear of "infiltrators"
Gulf Capital to raise $360m partly for dividend payout
Banking & Finance»

Gulf Capital to raise $360m partly for dividend payout

Abu Dhabi private equity firm close to signing Islamic loan for its company Gulf Marine Services

Msheireb awards $690m contract for Doha project
Construction»

Msheireb awards $690m contract for Doha project

Obayashi Corporation and HBK Contracting wins phase two deal for Qatar mega project

Saudi investor to delay Sudan farm project over dollar curbs
Industries»

Saudi investor to delay Sudan farm project over dollar curbs

Sudan has been trying to attract farmland and livestock investment from Gulf Arab firms

Personal Finance»

Big drop reported in Saudi bounced cheques

Saudi Credit Bureau says $1bn worth of cheques bounced in 2012, less than a quarter of 2009 total

Resident banned from leaving UAE after 'irregular' cheque UAE banks still using cops to collect debts - top lawyer UAE to bring in direct debit system on June 15
Qatari giants to launch overseas energy fund
Banking & Finance»

Qatari giants to launch overseas energy fund

Qatar Holding, Qatar Petroleum Int'l and Qatar Electricity and Water Co eye energy infrastructure projects

Middle East Market Data »

ADX

Market closed at 3,523
ASE

Market closed at 2,011
BSE

Market closed at 1,163
DFM

Market closed at 2,341
KSE

Market closed at 8,126
MSM

Market closed at 6,385
QE

Market closed at 9,064
SSE

Market closed at 7,307
Kerzner inks deal for first Saudi One&Only resort
Travel & Hospitality»

Kerzner inks deal for first Saudi One&Only resort

Atlantis operator Kerzner International Hotels will build the resort in Jeddah along the Red Sea

Dubai labourers stage rare strike for more pay
Construction»

Dubai labourers stage rare strike for more pay

Thousands of Arabtec workers stay away from work in protest over low wages

Travel & Hospitality»

Asia's Ascott inks deal for first Saudi property

Singapore-based serviced residence owner-operator says Ascott Olaya Riyadh to open in 2015

Katara Hospitality hires Ascott to run Doha property Kerzner inks deal for first Saudi One&Only resort UAE is top MidEast performer for tourism receipts
Dubai firms optimistic on Q2 growth, hiring - survey
Industries»

Dubai firms optimistic on Q2 growth, hiring - survey

Poll of over 500 companies in emirate shows upbeat mood, especially among SMEs

UAE in talks to ease visa requirements to Australia
Travel & Hospitality»

UAE in talks to ease visa requirements to Australia

Aim is to increase bilateral trade and encourage UAE students to study in Australia

Energy»

DEWA opens $29m Dubai Marina substation

New facility has a capacity of 150 megavolt amperes, part of expansion strategy in emirate

Dubai's DEWA sets $3.76bn budget for 2013 DEWA inks $45m Dubai water network deal Dubai utility DEWA posts 6% profit increase for 2012
Banking & Finance»

Saudi's Dar Al Arkan set to sell sukuk this week

Real estate developer aims to return to debt markets after three year absence with Islamic bond

Saudi's Dar Al Arkan Q4 net profit halves Saudi's Dar al-Arkan posts 2.9% fall in Q3 profit Dar al-Arkan to repay all sukuk by 2015 end
Culture & Society»

Dubai police in new crackdown on ivory smuggling

Despite being banned since 1989, illegal shipments of elephant tusks are ongoing

Dubai key traffic route for Egypt ivory trade Dubai Customs seize 1834 items in 2012 Saudi customs thwart big fuel smuggling bid from Gulf port
Emirates A380 wing repairs fall behind schedule
Transport»

Emirates A380 wing repairs fall behind schedule

Dubai carrier says it is still confident plane maker Airbus can meet Nov 2014 deadline

Banking & Finance»

‘Every incentive’ for GCC currency, says ex DIFC boss

Common currency would cut cost of business and lead to single Gulf bourse, says Dr Nasser Saidi

Ex-DIFC chief launches Dubai crowdfunding firm Gulf Arabs 'shouldn't delay single currency' GCC debates Saudi king's call for tighter alliance
Banking & Finance»

Kuwait giant said to win $930m payout in Libya dispute

MA Al Kharafi and Sons reportedly successful in suing Libyan gov't over breach of contract

Dow wins $2.2bn in spat with Kuwait chemicals firm Kuwait telco Zain wins appeal in sheikh lawsuit Kuwait's NIG seeks lawsuit against US giant
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
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
The vision is clear
Travel & Hospitality»
The vision is clear
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
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
Photos»
Dubai hotel gets green makeover
Racing legends get a splash of car art
PHOTOS: Qatar eyes launch of new Ferrari Sergio
UAE Brit List 2013 revealed
Most influential Brit expats in property
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

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
Videos»
Bahrain accused of spying on rights activist
Iranian film aims for Palme d’Or
Technology apps to help Asia lifestyles
Iraq suffers as corruption increases
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
Technology»
Dubai police set to trial crowd control drone

Dubai police set to trial crowd control drone

New remote-controlled device will be used to control crowds at football matches

Dubai cops add more supercars to fleet
Arts»
Painting of Prophet's footprints to be sold at UK auction

Painting of Prophet's footprints to be sold at UK auction

Rare 18th century painting is expected to fetch up to $23,000, says auctioneer

Doha auction sees record price for Arab artist

Middle East Events »

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

Vettel wins Bahrain Formula One Grand Prix

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Germany's reigning world champion takes the chequered flag at Bahrain's Sakhir circuit

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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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