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Saturday, 1 August 2015 This newsletter reaches 162,112 readers, to advertise click here

Qatar Airways submits report to US gov't to refute subsidies claim

Doha carrier says it is concerned that Big 3 US airlines are trying to 'change the rules of the game'

UAE's Q2 consumer confidence slips by most in six years

New Nielsen survey sees UAE retain title of Middle East's most optimistic nations but falls by seven points since Q1

Abu Dhabi property market 'at tipping point' after flat Q2

JLL says property prices and rents in UAE capital stabilised in Q2 following two years of significant rises

Dubai named as top overseas destination for US job seekers

New research says Dubai has leap-frogged London as most popular location for jobs abroad for US citizens

UAE's VPS to open cancer 'super' hospital in London

VPS Healthcare announces plan to open cancer centre using Proton Beam Therapy in 2017

Emaar awards $229m construction deal for Dubai's The Hills

Developer says it has hired Al Ghandi and Consolidated Contractors International for residential project

Gulf tourist hotspots see occupancy rates slump in June

Latest STR Global figures show Dubai, Abu Dhabi and Qatar all suffer double-digit declines as Ramadan hits

Saudi royal invests in private jets smartphone app

Prince Abdullah bin Bandar bin Abdullaziz Al Saud backs JetSmarter which aims to make private jets more accessible to travellers

Dubai's Drake wins $59m education deal in Kuwait

Kuwaiti unit of Drake & Scull Int'l secured contract on 'major education institution'; set for 2018 completion

Emirates says to launch second daily flight to Lisbon

Dubai-based airline to operate new service to Portuguese city from Jan1 in response to rising demand

GFH Capital to buy 80% stake in Dubai private school

Invesment company says education sector is ripe for growth amid rising demand for world-class facilities

Emiratis named toughest critics for online hotel reviews

Accommodation booking site says Emiratis score .32 points lower than any other nationality

UAE's Yahsat inks partner deal to deliver Pakistan broadband

Abu Dhabi-based satellite operator signs service agreement with Clicksat, a unit of REDtone Pakistan


Want to make money? Listen to Pharrell

Elie Khouri says business leaders should listen to the superstar singer

The UAE: On the road to economic development

Following deregulation of petrol prices, the rising cost of living is where the greatest challenge lies for the government says Mohammad Sultan Janahi

Short-term pain, long-term gain

Ed Attwood says kicking the UAE’s addiction to cheap fuel will pay off

Why investing in Chinese ecommerce is smart

Abu Dhabi-backed Carlyle Group’s recent $120m investment in a Chinese logistics firm was a wise entry into the booming multi-billion dollar online market, says Courtney Trenwith

Why I'm giving all my wealth away

HRH Prince Alwaleed pledges to donate his entire wealth to the Alwaleed Philanthropies

China must act to avert political crisis

Saxo Bank's Ole Sloth Hansen says Chinese economy should transition towards a more Western-style demand-driven system

Big things have small beginnings

Abu Dhabi’s Takamul initiative has the potential to change the entrepreneurial landscape in the UAE, says Ed Attwood

Helal Almarri: the man who can

The director general of the Department of Tourism and Commerce Marketing (DTCM) is laying out plans for Dubai’s ambitious goal of attracting 20 million visitors a year by 2020.


Ferrari announces launch of the 488 Spider

Italian carmaker’s most powerful ever mid-rear-engined V8 car to feature the patented retractable hard top.

From the earth and beyond: NASA

Standfirst: US space agency celebrates 58 years of space exploration.

Coming soon…? 15 brand pitches that could be Dubai's next top projects

From a Chanel hotel to a Warner Bros theme park, we brainstorm what brand extensions could be making headlines in the near future

In focus: Famous figures who served in the Girl Scouts

The Girl Scouts was recognised as one of the world’s top ten most innovative companies this year by Fast Company.

Daily life in the UAE

The country is a federation of seven emirates and is among the most progressive and peaceful countries in the world.

Latest Reader Comments

Want to make money? Listen to Pharrell
Jad Gh : Beautifully presented and conveyed....
UAE - Friday, 31 July 2015 6:46 PM

UAE's Q2 consumer confidence slips by most in six years
Farid Hashem : Consumer confidence index is an important economic indicator which measures the degree of optimism that consumers feel about the overall state of the economy and their personal financial situation and when the fuel prices have increased and the oil and gas firms are laying off workers, retailers and...
UAE - Friday, 31 July 2015 6:47 PM

SeaWorld Dubai faces mounting opposition
HassanM : I have watched BlackFish and it is far from proof of anything. It worked to promote a narrative...not facts....
USA - Friday, 31 July 2015 1:46 AM

Fuel price hike will not raise price of UAE goods - Ministry of Economy
Doug : Fair point on diesel ;)

Just wondering though, do we really need some sort of law enforcement on prices?

Say I'm BigBadCompany and I decide to raise the price of my widgets by 10% citing 'fuel costs', even though they haven't affected my operating costs.

Why can't I do tha...
UAE - Friday, 31 July 2015 1:47 AM

Europe and its public buildings selfie stupidity
Matt : It would be interesting to find out more about this proposal and who is backing it. Give us some more background please! Who is behind it? How many members of parliament? Has it been discussed in Parliament? Was it reported in the media and which ones? You need to give facts, dates, names.
UAE - Thursday, 30 July 2015 7:40 PM




Saudi's Mobily restates profits over last 27 months, cutting $470m

Troubled telecom operator slashes total profits in latest attempt to resolve accounting scandal


US backs possible $5.4bn missiles sale to Saudi Arabia

Missile sale approval could help reassure Saudi Arabia about the US commitment to its security


India's IndiGo denies Qatar Airways plans to buy stake

Airline says it is talking to the Doha carrier about marketing arrangements but denies claims of buy-in deal


Dubai property prices continue to fall – reports

Two new reports concur that Dubai’s residential market continued to lose value during Q2 2015


Kuwait says uncovers ISIL network

Interior ministry statement said the individuals had been active in neighbouring Iraq and also in Syria.


Al Jazeera cuts dozens of jobs

Staff have been notified by email of the job losses following a surprise restructuring


Dubai's ENOC plans regional expansion after fuel deregulation

Company says it will look at accelerating plans to enter 'new geographies regionally' following UAE's new petrol pricing policy


Kuwait complains to UK over visa problems

Gulf state summons British charge d’affaires to complain that visas are too expensive, take too long to process


Fur play: Fendi chief Pietro Beccari

Italian fashion house Fendi is 90 years old this year. It is raising its profile in the Middle East thanks to newly opened stores in prominent malls and a partnership with Dubai developer Damac. Chairman and CEO Pietro Beccari may be shy when it comes to divulging financial details but he is successfully pushing the retailer past the $1bn global sales mark, much to the disdain of a legion of fur-hating animal rights activists

Why Xanyar Kamangar's Iran gamble is about to pay off

Xanyar Kamangar made the bet of his life by giving up a well-paid job in London to set up a finance house to facilitate investment into Iran. Now that the nuclear deal has been signed, Griffon Capital may well be best placed to reap the rewards

Saudi Arabia considers its own nuclear options after Iran deal

Kingdom is engaged in a contest for power with the Islamic republic stretching across the region

Greening the desert: How the UAE aims to change its carbon footprint

The UAE has set laudable targets to reduce energy use and ensure new schemes are environmentally friendly, but it is battling negative public perceptions and the fact it has one of the largest carbon footprints in the world.

Sink or swim for Gulf developers?

Gulf developers, particularly in Dubai, have announced a number of ambitious underwater projects over the years, but so far none have come to fruition. With recent advances in technology and a renewed sense of excitement, well-placed sources have revealed many of the big players are preparing to unveil their plans to finally conquer the sea

Get smart: Dr Manahel Thabet

With an IQ placing her in the top 0.1 percent of the world, Dr Manahel Thabet is arguably the most intelligent living Arab. But she fears the region is repressing its most scientific and innovative minds, while falling prey to the ‘pollution’ of social media. It all spells economic disaster, she warns

The detail of retail: Ishwar Chugani

The Middle East head of Asian clothing giant Giordano, Ishwar Chugani, explains why his stores never discount and his target for 300 outlets in three years

How should Iran spend $100bn windfall?

It sounds like a pleasant problem to have but it is one of several economic policy headaches looming for Iranian President Hassan Rouhani

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