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Wednesday, 30 January 2013 This newsletter reaches 162,112 readers, to advertise click here

Dubai stock exchange closes at 34-month high

So-called "smart money" from foreign investors into economic recovery pushes index higher

Cairo hotel tweets SOS after gunmen siege

Intercontinental in Egyptian capital was stormed by armed gunmen early Tuesday

Syrian refugees top 700,000; UN struggling to cope

Revolt against President Bashar al-Assad has lasted for almost two years

UAE's NBAD quarterly profit tops estimates

Gulf state's largest lender posts 55 percent rise in Q4 profit to US$305.2m

Land prices crimp Bahrain's low-cost homes plan

Gov't plans may need to be altered to better reflect demand, says CBRE

Saudi schools close after minimum pay rule

Private schools in Jeddah shut down due to gov't's Saudi teacher salary increase

UAE's Julphar to launch $9.6m plant in Ethiopia

Pharmaceuticals giant to open first overseas plant next week; Saudi Arabia, Algeria to follow

Mubadala to launch $2bn refinancing

Abu Dhabi investment vehicle to launch revolving credit facility next week

Investcorp eyeing Italy luxury brands

Bahraini private equity firm says it is looking at "well-known" Italian brands

TAQA's Canada unit lays off 5% of staff

Abu Dhabi-owned energy giant makes 50 of 950 employees in Canada redundant

Kuwait awards $487m port contract

State oil company hands deal to build small port to Turkey's STFA

Iraq approves Baghdad free zone

New free zone hoped to promote local economy


Is the equities boom back on?

Investors are confident that Dubai's growth plans are realistic and achievable


Qatar Motor Show 2013

Some of the world’s top auto makers are exhibiting at this year’s event

French-led forces advance on Timbuktu

French-led troops were advancing on Mali's fabled desert city of Timbuktu on Sunday

Israeli forces bulldoze structures in East Jerusalem

Silwan is one of the tensest neighbourhoods in Israeli-annexed Arab east Jerusalem

Classic cars start the Monte Carlo rally from Scotland

Around 100 cars set off from The People’s Palace at Glasgow Green


Is this the greatest image on earth?

It is arguably the greatest image on earth - a 360 degree panoramic view from the very top of the world's tallest tower

Motorcyclist narrowly escapes death as truck overturns in China

Security camera footage released as a motorcyclist narrowly escapes being crushed as a truck overturns in eastern China

Iran successfully launches a monkey into space

A monkey has been sent into space onboard a Kavoshgar rocket as part of Iran's space programme

Egyptian protesters defy emergency law

Thousands of protesters have taken to the streets of Egyptian cities of Port Said, Ismailiyah and Suez

Iranian students abroad feel sanctions pinch

Iranian students in the US and Canada says banks are closing their accounts amid sanctions

Latest Reader Comments

Mobile phone number sold for $2.2m in Dubai
Mosa : There is nothing wrong in exploiting one's enormous wealth, but spending it in THIS way---is a bit ridiculous in my opinion.
AED8m can convert an entire village into a city in poverty struck areas.
Yes, "portion of the proceeds" are going towards charity, but what portion is that? 10%? 20%? ...
UAE - Monday, 27 April 2015 9:22 AM

Revealed: How a millionaire’s mind-set is different than an average person’s
SA1 : what about those who inherit the wealth? Most millionaries are not self made but only very few of them.

So what is said in the article is just but a good reading....

And please in this age of QEs can we now talk about Billionaires....I mean whats the worth of "A Millionarie"...
UAE - Monday, 27 April 2015 9:22 AM

Crown Prince issues new law to regulate use of bicycles in Dubai
Ian Davies : How is fining bicyclists and forbidding them to use roads with speed limits over 60kph and other paths expected to promote cycling?...
United Arab Emirates - Sunday, 26 April 2015 8:16 PM

What on earth is happening in the Dubai property market?
Matthew Hillier : "Someone/Entity" made "capital" out of an exercise to supposedly correct the property market price by unilaterally and, more critically, retrospectively raising costs (tax) relating to property purchase . At best this was very poor judgement or ill-advised and has certainly proven to be deficient i...
UK - Sunday, 26 April 2015 8:17 PM

Underwater tennis stadium: the latest Dubai project pitch
Frank : Looks like someone has been not-very-creative with Photoshop. Without proper engineering studies to back this up, it's just another hokey idea looking for traction.

Google "aquarium bedroom" if you want to find one of the source images....
USA - Sunday, 26 April 2015 8:17 PM




REVEALED: Top 50 banks in the GCC

Gulf’s 50 biggest banks have a combined market cap of more than US$249bn


What next for Boeing and the Dreamliner?

What does the grounding of the 787 mean for the $24.2bln fleets of Middle Eastern carriers?

Talal Al Zain interview: PineBridge Investments

Talal Al Zain has been chosen by PineBridge to take the firm into the Middle East

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