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Thursday, 17 January 2013 This newsletter reaches 162,112 readers, to advertise click here

“We screwed up," admits Better Homes boss

CEO admits to publishing false ads after Arabian Business investigation, blames human error

UAE banks to propose new mortgage cap plan

Sources say banks will make a formal plea to central bank to raise limits on home loans

Bahrain's Gulf Air aims to cut costs by 24% in 2013

Bahrain flag-carrier begins three-year restructuring; will focus on staff cuts, reduced network

No restart date for UK Brent oil, says TAQA

Abu Dhabi Energy Co working to restore output after leak at North Sea oil platform

Vodafone Qatar's quarterly losses narrow

Telco says performance boosted by growth in subscriber base and revenue per user

Saudi's biggest lender posts flat Q4 profit

Al Rajhi Bank reports small rise in fourth-quarter net profit, below forecasts

Saudi Arabia sacks football coach Frank Rijkaard

Kingdom's football federation dismisses Dutch coach after failure in Gulf Cup of Nations

Kuwait-linked bank sells UK property for $53m

Gatehouse Bank sells Procter & Gamble's UK HQ to unnamed MidEast investor

One year in jail for Qatar man drunk, naked on flight

Man of unidentified nationality sentenced after drunken, nude rampage on Qatar Airways

Jumeirah hires designer for Turkey hotel refit

Anouska Hempel appointed by Dubai hotel operator to renovate Pera Palace Hotel

Regulator mulls Batelco's $1bn CWC deal

Decision expected on bid to buy Cable & Wireless business by the end of February

Global pirate attacks fall to five-year low

Naval patrols, armed private guards drive down incidents of hijacks around the world

Magnolia opens its biggest cupcake store in Qatar

New York bakery opens its largest ever store in Doha as part of MidEast expansion

Saudi's Samba posts 7.8% fall in Q4 profit

Kingdom's second largest bank reports $231m net profit for three months to end-December

Qatar's QNB sees SocGen deal by end-March

Qatar National Bank hopes purchase of Egyptian unit will be completed within 2 months

Emirati gets seven years jail on spying charge

Retired serviceman confessed to passing on information that could harm national security

No need to reduce oil output after Saudi cut - UAE

World's top oil exporter cut its crude production by around 700,000 barrels per day

French President appeals to UAE over Mali

Francois Hollande asks for support for French campaign against Islamic militants

Saudi plans to buy renewable electricity

New company aims to help Saudi Arabia diversify its energy resources

End energy deficit to heal Arab Spring - Queen Rania

Jordan royal says “capital investment and political will” needed to address energy issues


The scandal of UAE school fees

Anil Bhoyrul argues that UAE schools are earning thousands of dollars for doing absolutely nothing


World Future Energy Summit held in Abu Dhabi

French president Francois Hollande, Queen Rania of Jordan and Argentine President Christine Kirchner among speakers

More photos from the North American International Motor Show

The auto show will be open to the public January 19-27

Egyptian opposition protests over new constitution

Egypt's top court was to rule whether Egypt's Islamist-dominated Senate should be dissolved as well as on the validity of a panel that wrote the country's controversial constitution

Iranian President Ahmadinejad meets Syrian Prime Minister

Fars news agency said the two sides will discuss 'expansion of bilateral relations and Syrian President Bashar al-Assad's three-step plan' for the political future


Deadly blasts at Aleppo University in Syria

Two blasts that tore through a university in the Syrian city of Aleppo have killed at least 82 people

Japanese carriers ground Boeing 787 plane fleet

Japanese carriers All Nippon and Japan Airlines have just grounded their entire fleet of Boeing 787 or the Dreamliner

Lance Armstrong on Oprah: preview of exclusive interview

Oprah Winfrey reveals all about her exclusive chat with disgraced cyclist Lance Armstrong

Cleaner crashes stolen train into Stockholm apartment

A high speed train has crashed into an apartment building in Stockholm after being stolen by a female cleaner

Latest Reader Comments

Saudi Aramco staff resign over changes in allowances
Fentoni : Wow, resigning a steady job because of changes to allowances. I hope they checked that they can readily move into new abundant oil jobs in the GCC before they quit in disgust. ...
UAE - Tuesday, 25 October 2016 1:39 PM

UAE sees 33% slump in online jobs market in September
Just a Joke : You are reading pages dated 2005 maybe......
U.A.E - Tuesday, 25 October 2016 11:18 AM

UAE President issues long-awaited decree on bankruptcy
Lord S : This law may help medium and large companies, it will do little for small companies. In most developed countries, limited liability companies mean the owner only stands to lose a nominal amount if the company folds. In the UAE, most arrangements put the owner on the line for far more. If a small com...
uk - Tuesday, 25 October 2016 1:40 PM

Nakheel launches new $32m Palm restaurants complex
Doug : Mugged Off, I don't entirely disagree, but I would point you in the direction of the UAE's media law and leave you to draw your own conclusions about how much AB is at liberty to print the kind of the comments you allude to.

Remember, it is against UAE law to publish anything that harms the...
UAE - Tuesday, 25 October 2016 8:48 AM

The write stuff: Al Jazeera's Mostefa Souag
salem : That is fine and right, yet, Al Jazeera's aim is mainly political to settle scores and get Qatar a bigger profile. As a by-product, Al Jazeera contributed a lot to improving TV news in the region. This newsstation covers news developments around the world, and yet the coverage of the host country of...
UAE - Tuesday, 25 October 2016 11:18 AM




Dubai's Emaar denies retail unit spin-off

Property developer says it has no immediate plans to list its retail, Turkish unit


Bursting the bubble?

The central bank’s move to put a cap on mortgages aims to curb speculation, but is the announcement too much, too soon?

Risky business

James Goodnight has built SAS into the world’s biggest advanced analytics company, earning himself a huge fortune in the process

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