ArabianBusiness.com/subscribe Have trouble reading this email? See it in your browser
Would you also like to receive our Arabic Newsletter? Then click here
Mubadala
Thursday, 17 January 2013 This newsletter reaches 162,112 readers, to advertise click here
NEWS »

“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

OPINIONS »

The scandal of UAE school fees

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

PHOTOS »

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

VIDEOS »

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

Dubai real estate agents suspended, fined
Maz : I get hundreds of unsolicited real estate related SMSs a month! I'd love to report them to RERA to put a stop to it. How do I do this?...
UK - Thursday, 26 May 2016 3:59 PM

Government announces new visa system for UAE residents
Prem Satsangi : Before stamping visa on passport every resident needs insurance as per DHA guidelines.
Apply for EID & take health insurance then get stamped your visa.
30th June is deadline for all residents in Dubai.
...
Dubai UAE - Thursday, 26 May 2016 3:59 PM

Confusion over $16.5bn Makkah Metro project delays
Telcoguy : KSA is expected to run a 15% budget deficit of 98bn USD over a 750bn GDP, I do not think the UK is running such a deficit mind you.
We certainly do not have the same financial projections. May I suggest you take a look at brookings, for example?...
Spain - Thursday, 26 May 2016 4:01 PM

Gulf banks see more loan defaults as oil slump plays out
Mad : Banks are applying fines and penalties and charging people ruthlessly.. unsanctioned ... no one to stop them and protect the helpless employees and small businesses who are highly dependant on the leftovers of the large enterprises to survive....
UAE - Thursday, 26 May 2016 4:00 PM

Micky Jagtiani tops list of Gulf-based rich Indians
Akshay : Whilst that is not factually correct, whats worth noting here is that you've given the rest of the Indians belonging to the state of Kerala a bad name by referring to yourselves first as "Mallu/Keralite/Malayalee" rather than embracing your identity as an Indian first. Shame on you....
India - Thursday, 26 May 2016 4:00 PM

All READER COMMENTS
     

EDITOR'S CHOICE »

1.

Dubai's Emaar denies retail unit spin-off

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

Mubadala
FEATURES & ANALYSIS »

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

Follow Us
facebook facebook facebook facebook
Markets
ADX 4,283 -0.12%
ASE 2,108 0.12%
BSE 1,099 -0.08%
DFM 3,351 1.28%
KSE 5,397 0.53%
QE 9,716 0.11%
SSE 6,482 -0.52%
Share prices are updated with a 15-minute delay. Data is not intended for trading purposes
Banking & Finance |  Construction & Industry |  Education |  Energy |  Healthcare |  Media & Marketing
Personal Finance |  Real Estate |  Retail |  Technology |  Transport |  Travel & Hospitality