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Friday, 1 March 2013 This newsletter reaches 126,954 readers, to advertise click here
NEWS »

Dubai's Emirates in ten-year UK cricket sponsorship

Airline's sponsorship of Lancashire County Cricket Club includes naming rights to historic Old Trafford stadium

Arabtec shares slump to six-week low

Shares in Dubai's Arabtec tumble to a six-week low on fears of a significant shares dilution, sparking selling in UAE markets

Japan's Nomura to hire in Dubai to revamp MidEast ops

Japan's largest investment bank has lost several top executives in region amid hefty cost-cutting

Oman buys 41% of ONIC from Dubai Group

Sultanate's sovereign wealth fund buys shareholding from unit of Dubai Holding

Italian watchmaker eyes Qatar expansion

Luxury watchmaker Officine Panerai currently operates one store in Doha's Villaggio Mall

Jordan, Iraq agree to build $18bn oil pipeline

Pipeline will export oil from Basra to Jordan's port city of Aqaba

Dubai's MAF signs retail deals with Hollister, A&F

Majid Al Futtaim Fashion signs deals to open several franchises of famous US brands

New Dubai indoor theme park to open in December

City of Arabia park will feature attractions based on Marvel Comics and Cartoon Network

GCC consumers spending $2m a day at McDonald’s

Fast food giant sees record growth with 900,000 customers a day

Gulf tourists splash cash in ailing UK high streets

Shoppers from the Gulf spend most amount of money per head in Britain

Etihad buys Heathrow slots from India's Jet for $70m

Abu Dhabi carrier buys three pairs of slots amid ongoing talks over purchase of stake in Jet

Marriott CEO says $3.5bn of MidEast, Africa hotels in pipeline

Operator of The Ritz-Carlton and JW Marriott brands says targeting new properties in Saudi Arabia

Dubai's Nakheel repays more cash to lenders

Palm Jumeirah property developer says it has repaid total of AED923m to lenders since restructuring

UAE economy to grow 3.8% in 2013 - Sheikh Ahmed

Emirates chairman says growth built on tourism, trade and hospitality; DP World chairman cites property recovery

UAE's Etihad Rail gets $1.28bn loan for project

State-backed firm behind US$11bn railway project secures financing for first phases

Egypt balloon crash kills 19 tourists

Hot air balloon crash in Luxor kills 19 tourists from Asian and European countries

Gulf Air lays off 15% of staff in restructuring

Bahrain's indebted national carrier has also cut four loss-making routes since January

UAE's Etisalat extends Barcelona deal for four years

Gulf state's largest telco extends undisclosed deal with famous Spanish football club

Most MENA workers want to leave jobs - poll

New poll shows more than half of workforce wish to leave job immediately

Qataris fear spread of expats - survey

Significant majority believe expats causing imbalance and stealing jobs in Gulf state

'Argo' storms to Oscar victory on night of surprises

Iranian hostage drama takes Best Picture, while 'Life of Pi' scoops four Oscars

Dubai's Nakheel launches new Palm project

Azure Residences will contain 170 new apartments; construction to begin mid-2013

British bride plunges to death in Dubai

27-year old Abbie Emmett reportedly fell out of a window in a hotel

Dubai targets millions of health tourists by 2020

Head of Dubai Health Authority says medical tourism could pump billions into economy

Emaar to start sales at Jeddah project

Dubai developer to launch sale of properties at its Abraj al Hilal 2

UAE says barred academic out of concern for Bahrain

Gulf state barred entry to London School of Economics academic due to give talk on Arab Spring

OPINIONS »

How high can Emaar’s shares go?

As the company took a battering at the hands of the stock market, it’s easy to forget just how much Emaar achieved

VIDEOS »

Vicious shark attack leaves man dead in New Zealand

A man has been killed by a shark off the coast of New Zealand's Muriwai Beach, near Auckland

Amateur video of Egypt hot air balloon crash

Amateur video shows the moment a hot air balloon crashes in Luxor, Egypt, killing at least 19 passengers

Pope Benedict bids farewell to faithful

Pope Benedict XVI has held the last audience of his pontificate in St Peter's Square on the eve of his historic resignation as leader of the world's 1.2bn Catholics

India's wealthy voice concerns on economy

India's finance minister is due to announce a new budget, and the country's wealthy businessmen are worried they may lose out

Latest Reader Comments

Saudi to hand Pakistan $15bn energy bailout – report
tfg : Deferred payment, in other words, never going to pay back.

Just ask Egypt or Iraq or the long list of recipients of deferred payments.

...
saudi arabia - Friday, 24 May 2013 7:32 PM

UAE credit bureau's June start time challenging - bankers
Tarek Sabry : My experience in the region with our matured Credit Bureau proves the benefit of sharing positive and negative customer data in a soundable healthy credit decision, as we consider it a core success to all member banks.

Also, it helps banks to find a way to balance between it's portofolio gr...
Egypt - Friday, 24 May 2013 6:01 PM

Mahoney isn't talking baloney
Ronald : "I have never developed indigestion from eating my words."
This scribe might not be Churchill, but the sentiment is the same. Well done AB, and maybe your property investments flourish....
UK - Friday, 24 May 2013 6:02 PM

Kuwait's traffic chief defends expat deportations
Expat in Kuwait : Sadly, The cops don't even understand English & they are not willing to listen to anything. They do as they like, It is my wish that wherever the citizens of this country travels for holiday or business they are treated the same way as they treat us.

...
Kuwait - Friday, 24 May 2013 6:02 PM

Are there too many Brits in the UAE?
Little Britain : Could you imagine if just the average hotel worker, taxi driver or gardener left ?

Everyone is needed and the more Dubai grows the more they will need

You might be able to build Hotels quickly but it can YEARS to train good staff.

Dubai will be like any other Tourist desti...
UK - Friday, 24 May 2013 6:02 PM

All READER COMMENTS
     
EDITOR'S CHOICE »
1.

Five most common mistakes businesses make

2.

Sheikh Ahmed: Emirates confident in A380

3.

Qatar telco Qtel rebrands as 'Ooredoo'

4.

Etihad Airways pilot passed out mid flight

FEATURES & ANALYSIS »

How I did it: Sohaib Awan

The founder of Jabal Entertainment explains how he is helping boost home-grown comic BOOK talent in the UAE with the release of Arabia-centric series ‘Jinnrise’

Property speculators' return fuels Dubai bubble fear

Queues of investors, new project announcements, the return of flipping - is Dubai risking a repeat?

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IN PICTURES
PHOTOS: Qatar Jewellery Show dazzles visitors
Luxury brands on show during event in wealthy Gulf state
PHOTOS: Britain’s Prince Harry visits Lesotho
Prince Harry is due to pay a visit to Lesotho this week to catch up on his charity's progress and meet key children
PHOTOS: Air-to-air refuelling above Australia
The Australian Federal Government is planning to replace the ageing F/A-18 and already retired F-111 bomber with a fleet of 100 F-35 Lightning ll
PHOTOS: Pope Benedict XVI holds his final general audience before his retirement
The Pontiff has attended his last weekly public audience before stepping down
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