Latest Industries News

Last Updated: Fri, Dec 9 2016 | 9:24 PM |
Saudis order oil cuts to US, Europe before non-OPEC talks
Energy»

Saudis order oil cuts to US, Europe before non-OPEC talks

Saturday, 10 December 2016 1:24 AM

OPEC will meet non-OPEC producing countries in Vienna on Saturday, hoping they will commit to cutting 600,000 barrels per day

Saudi construction firms set to see continuing pressure on margins
Construction»

Saudi construction firms set to see continuing pressure on margins

Saturday, 10 December 2016 12:39 AM

Decline in construction costs in the Gulf kingdom is set to ease, but 'tough' market conditions will prevail, says Colliers

Islamic financing growth in the UAE slows during 2016, says Fitch
Banking & Finance»

Islamic financing growth in the UAE slows during 2016, says Fitch

Saturday, 10 December 2016 12:38 AM

New report says growth will still remain ahead of conventional banks but impaired loans will be higher

DP World says to improve Dubai's cruise tourism faciilities in 2017
Travel & Hospitality»

DP World says to improve Dubai's cruise tourism faciilities in 2017

Saturday, 10 December 2016 12:38 AM

Rashid Port operator says work will start to connect cruise terminal 2 and 3 while the number of quays will be increased

Abu Dhabi Ports says new 62km highway to enable growth plan
Transport»

Abu Dhabi Ports says new 62km highway to enable growth plan

Saturday, 10 December 2016 12:38 AM

CEO Mohamed Juma Al Shamisi hails opening on new Mohammed bin Rashid Road as 'major milestone'

Dubai Wholesale City signs key trade, investment deal with China
Politics & Economics»

Dubai Wholesale City signs key trade, investment deal with China

Saturday, 10 December 2016 12:37 AM

$8.1bn mega project currently under construction in Dubai inks deal with the world's largest exporter of goods

Bangladesh unions join suit against FIFA over Qatar World Cup workers
Construction»

Bangladesh unions join suit against FIFA over Qatar World Cup workers

Friday, 9 December 2016 5:21 PM

Lawsuit calls on FIFA to force Qatar to adopt 'minimum labour standards' for migrant workers working on 2022 tournament

Washington to check if Russia-Qatar oil deal violates sanctions
Politics & Economics»

Washington to check if Russia-Qatar oil deal violates sanctions

Friday, 9 December 2016 10:50 AM

Kremlin has presented the $11.3bn deal as a major coup; demonstrates that for foreign investors the lure of Russia's oil sector outweighs the risks

UK expats named as most risk averse investors in the UAE
Banking & Finance»

UK expats named as most risk averse investors in the UAE

Friday, 9 December 2016 10:34 AM

New research says non-resident Indians are the most informed on their investment portfolios

UAE banks eye plan to improve customer complaints system
Banking & Finance»

UAE banks eye plan to improve customer complaints system

Friday, 9 December 2016 10:34 AM

UAE Banks Federation says working on 'unified approach' to increase transparency in sector

Sharjah says targeting 200,000 Chinese tourists by 2021
Travel & Hospitality»

Sharjah says targeting 200,000 Chinese tourists by 2021

Friday, 9 December 2016 10:34 AM

Hotels in Sharjah welcomed more than 75,000 Chinese visitors during the first nine months of 2016, up 75%

UAE's ProVita acquires homecare provider LifeWise
Healthcare»

UAE's ProVita acquires homecare provider LifeWise

Friday, 9 December 2016 10:33 AM

Long-term car firm says deal is set to further improve the quality of life for patients and their families across the UAE

Saudi Arabia could see sovereign credit rating slashed over deficit
Politics & Economics»

Saudi Arabia could see sovereign credit rating slashed over deficit

Friday, 9 December 2016 10:33 AM

Fisch Asset Management says austerity, privatisation and taxation measures not enough to reduce deficit enough

Oman Air says to launch debut flights to China
Transport»

Oman Air says to launch debut flights to China

Friday, 9 December 2016 12:55 AM

National carrier announces plan to make first foray into China with Guangzhou flights from Dec 9

UAE theme parks forecast to bring in 19m visitors a year by 2020
Travel & Hospitality»

UAE theme parks forecast to bring in 19m visitors a year by 2020

Friday, 9 December 2016 12:52 AM

Colliers report says new parks will also create economic boost for hoteliers following a difficult 24 months


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