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Friday, 26 July 2013 This newsletter reaches 126,954: readers, to advertise click here

Dubai's Godolphin will face no further doping charges

British Horseracing Authority says it has concluded probe; says Al Zarooni to blame for violations

Qatar, Kuwait said to eye stake in Lloyds Bank

Sovereign wealth funds reportedly vying for some of government's 39% stake worth $30bn

Ethiopia cancels 40,000 visas to work in Saudi Arabia

African nation retaliates to kingdom’s ban amid allegations of child murders

Dubai's MAF reports 10% rise in revenue to $3bn

Mall developer says growth strong in UAE and across Middle East

UAE's Mubadala said to eye more Batista assets

Brazilian billionaire's EBX conglomerate has lost about $10bn in market value this year

Jeddah airport expansion on track despite lack of workers

First phase of expansion to make King Abdul Aziz Airport second largest in region to be ready by end-2014

Dubai's Mashreq posts 25% rise in Q2 net profit

Dubai's third-largest lender also says net profit for first six months is up by 40%

Etisalat hires Goldman to advise on Pakistan telco buy

Sources say Gulf's biggest telco makes appointment in bid for Warid Telecom

Violence could see Bahrain parliament recalled

MPs called on king for extraordinary session to deal with ‘unprecedented’ violence

Jaguar Land Rover posts 40% rise in Q2 MidEast sales

Luxury car manufacturer says performance includes record breaking month in May

UAE's Julphar sees H1 sales up 10.5%

Revenue during the period hits $190m based on private sector sales

Kuwait's Wataniya reverses profit decline

Gulf state's second largest telco reports 20% rise in Q2 net profit, beats analysts' forecasts

Aramco plans new gas plant at Fadhili

State oil giant's new gas plant will have a processing capacity of 1bn standard cubic ft per day

Nakheel boss claims buyers eager to splash cash on The World

“People are not going to give me money if they’re not serious,” says Dubai developer boss

Dubai duo named in US insider trading case

Dhia Jafar and Omar Nabulsi say freeze should be lifted on $2.5m profit they made

'Large fire' caused Dubai plane crash, says report

UAE's aviation authority delivers final report on UPS cargo plane crash in Dubai in 2010

Norwegian rape case woman leaves the UAE

Marte Deborah Dalelv reportedly flies home after 16-month sentence is dropped

Qatar 2022 award was 'blatant mistake' - FIFA member

Executive committee member Theo Zwanziger says winter switch would be a big problem

Kuwait 'repellent' to investment, says report

Kuwaitis invest $37bn internationally in 2012 compared to $398m locally, report says

Fraud case Saudi 'princess' denies prostitute claim

Woman tells London court she has a $15m fortune and is addicted to shopping - report

Qatar Sheikha spends $1bn on artworks annually

Amount being spent by the influential sister of the Gulf state’s new ruler is “mind-boggling” - report

India defends sale of Heathrow slots to Etihad

Cheating claims over $70m sale of three slots to Etihad as it seeks to buy 24% stake in Jet Airways

Qatar's SWF said to eye $300m India investment

Qatar Investment Authority reportedly set to invest in Bangalore real estate developer

Dubai expat to be deported after 40 years over TB scars

61-year-old Indian is currently in quarantine and is set to be deported - report

Dubai boss says sacking rape case woman was wrong

Owner of The ONE says Wissam Al Mana’s decision to fire Norwegian was a mistake

India's watchdog raises concerns over Etihad-Jet deal

Sebi’s concerns over foreign control could block the $379m deal for 24% stake

UAE and Oman investors backing plans to launch new Hungarian airline

Budapest-based carrier will be launched in August and will expand into the MidEast and Russia

Dubai's DP World loses $21m UK tax case

Subsidiary company found to have created artificial tax credits

700 Kuwaiti firms charged with human trafficking

Nearly 1,000 employers have been blocked from issuing new visas after an investigation - report

UK court hears Saudi prince threatened to behead partner

“Your head will be at my feet without your body,” court documents revealed

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


How the Muslim Brotherhood lost Egypt


Nakheel boss claims buyers eager to splash cash on The World


Sweet smell of success


Top 10 Ramadan Apps

Salma Awwad picks out the best apps in the market

Bringing art to the masses

Pioneering patron of the arts Abdulmonem Bin Eisa Al Serkal is using his family’s funds to transform the culture scene in Dubai

The Connector

CEO Middle East meets Jay Srage, president of MEA and SEA at technology giant Qualcomm, who shares his vision of the future of the smartphone

Back to school

The Gulf governments are upping spending on education – but more needs to be done if local unemployment is to be solved.

Resource riches

Oil is the lifeblood of the GCC economies, but the industry has been threatened by the rise of shale gas in the US. What’s the outlook for the future?

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