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Thursday, 2 May 2013 This newsletter reaches 162,112 readers, to advertise click here
NEWS »

FIFA threatens Qatar over Bin Hammam 'interference'

Kuwait Football Association voices concerns ahead of AFC vote on Thursday

Emaar chief says 'flipping' needs to be controlled

Mohamed Alabbar also expects real estate business to increase dramatically on rising demand

Dubai Taj Mahal clone delayed until 2015

Falconcity project slips from 2014 opening, contractor yet to be appointed to construct project

Saudisation to cost nearly $4bn in 2013 - study

Saudi Arabia's jobs policy set to add short-term pressure on margins for local companies

Cameron to push for probe into Dubai torture claims

British prime minister says he will raise need for independent inquiry with visiting UAE president

Saudi will raise crude output to 15m bpd - prince

Former intelligence head says kingdom aims to ramp up production from current 12.5m barrels per day

Abu Dhabi says financial zone to bridge gap in global day

Planned free zone will bridge the gap between Europe and Asia say emirate officials

Dubai developers talk tall and big amid property recovery

Emaar chairman Mohamed Alabbar hints at new record-breaking tower in Dubai

India’s Jet seeks to raise $150m via Etihad bankers

Carrier, which recently sold 24% stake to Abu Dhabi’s Etihad, is currently $800m in the red

Inflation spikes as Qatar gears up for spending spree

Country of just 1.9 million people plans to spend about $140 billion in run up to 2022 World Cup

Saudi Al Medlej withdraws from AFC presidential race

Outsider unsurprisingly drops out of race to lead Asian football; two Gulf candidates remain

Kuwait says still owed $11bn from Iraq war

Gulf state has received almost $2.5bn this year relating to Saddam Hussein’s 1990 invasion

More than 90% of passwords vulnerable to cyber-attack

Billions of dollars worth of losses possible without improved IT security measures

Better Homes launches property lifestyle survey

Agency hopes to collate key data on living conditions

Qatar's QIB rules out sukuk issues in 2013

Qatar Islamic Bank CEO says lender seems to have enough liquidity already

UAE banks to be able to check credit scores soon

System will allow banks to check creditworthiness of borrowers, set to launch in phases from mid-2013

Egypt bank EFG Hermes to sell assets as Qatar deal fails

Lack of regulatory approval from Egypt brings an end to planned tie-up

Dubai's DIB eyes double-digit profit growth, acquisitions

World's oldest sharia-compliant lender's shares are up 43% so far this year

Ford drives 14% MidEast sales uptick

US automaker boosted by surge in sales in Iraq

OPINIONS »

UAE equities: Expect the unexpected

Adel Merheb ponders just how high local stock markets can go on back of recent rally

Can Qatar really make any money out of 2022?

Anil Bhoyrul argues that FIFA could be the only winner when the World Cup comes to the Middle East

PHOTOS »

REVEALED: 20 best restaurants in the world

Spanish restaurant El Celler de Can Roca has knocked Denmark’s celebrated Noma from the top spot in The World’s Best Restaurants Awards

UAE president visits Queen Elizabeth II on state visit

Sheikh Khalifa given royal reception on historic trip to England

William-Alexander, the new King of The Netherlands

Willem-Alexander becomes the first king of the Netherlands since 1890

VIDEOS »

Artist uses jet engine to paint canvas

Woman hurls jars of paint into the hurricane force winds of a Learjet engine - splattering an array of colours onto a blank canvas to create art

Obama vows to close Guantanamo prison - again

Pledge comes as two-thirds of Guantanamo detainees have gone on hunger strike, with 26 of them being force-fed

Amazing space footage of hurricane churning around Saturn

NASA has released dramatic new images of a hurricane churning around Saturn, captured by their pioneering satellites

Cyprus approves bailout - but only just

Parliament approves by just two votes an EU bailout which includes provisions to impose substantial losses on richer bank depositors

Latest Reader Comments

Basra's plan to build the world's next tallest tower: Is this the MidEast's most ambitious or most foolhardy project?
Mohammed : Good read! This project could very well be the saviour, not only to the investments in Basra but to whole of Iraq as well as this could very well be the ticket to a flourishing economy thanks to the recognition and the investments it will get considering its the first of its kind. ...
Iraq - Tuesday, 3 May 2016 1:18 PM

Bahrain needs $795m to complete stalled real estate projects
Chris : Can a 6-year-old project that has been left to the elements be restarted? What is the long-term impact of weather/sun/wind neglect likely to be on a project like Marina West? I hope this comes to fruition as these projects are giant eyesores and certainly project a message to visitors and investors ...
Bahrain - Tuesday, 3 May 2016 9:19 AM

Saudi white land tax 'could lead to 50% slump in property prices'
khalid : I hope the Saudi government implements the white land tax asap. It will help increase government revenuers and (help) push land owners to sell cheaper or develop....
uae - Tuesday, 3 May 2016 9:19 AM

Saudi builder Binladin cuts 77,000 jobs, to lay off Saudis
khalid : its astonishing to read articles like this. a major company like SBL, which has the lion's share of major construction projects in Saudi Arabia. It has $30 billion worth of debts. where does all the money go to? (would be interesting how much do they have outstanding in the 'market') ...
uae - Tuesday, 3 May 2016 9:18 AM

UAE to finish drafting corporate tax, VAT laws in Q3
Govind Prasad Madhopuria Advocate : When oil prices are falling rapidly and the revenue of the State is squeezing regularly, it is pertinent to consider alternative source of revenue for the State. To begin with, the Government's commitment to have a transparent taxation system is laudable. I have been associated with taxation system ...
India - Tuesday, 3 May 2016 9:07 AM

All READER COMMENTS
     

EDITOR'S CHOICE »

1.

REVEALED: 20 best restaurants in the world

Spanish restaurant El Celler de Can Roca has knocked Denmark’s celebrated Noma from the top spot in The World’s Best Restaurants Awards

2.

First phase of Dubai’s MBR City ready in seven years

Meydan-Sobha joint venture first part of mega project to be announced, expects sales of $5.7bn

3.

Dubai investor wins landmark Sharia mortgage case

Court orders Tamweel to return cheques after Nakheel fails to register property

FEATURES & ANALYSIS »

Tough tackler

Yousuf Al Serkal, the UAE’s candidate for the AFC presidency, says he will clean up the beautiful game’s tarnished image in Asia if elected next month

Ford - back from the brink

Hal Feder, the man in charge of Ford Motor Company’s overseas growth, reveals the extraordinary turnaround in the car giant’s fortunes over the last five years, and why the Middle East could hold the key to its future

Welcome to Willie's world

Willie Walsh, CEO of International Airlines Group, talks fleet expansion, the deadlock over Heathrow, and why he rates the Gulf carriers

Is Falconcity of Wonders ready to soar?

After years of dreams, delays, and a lack of sales, the man behind one of Dubai’s most ambitious megaprojects is convinced that it’s about to take off

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