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Sunday, 30 August 2015 This newsletter reaches 162,112 readers, to advertise click here

Egyptian court sentences 3 Al Jazeera journalists to prison

Journalists working for Qatar-based TV network handed three-year sentences for broadcasting material harmful to Egypt

Bahrain beats UAE to be named top MidEast expat destination

Bahrain is placed 17th most popular destination in the world in list topped by Ecuador, Mexico and Malta

UAE's VAT plan 'unlikely to result in expat exodus'

Links Group says move is sign of maturing market and is unlikey to deter foreign investors from setting up shop in the UAE

Dubai property prices forecast to fall further in H2

New report says prices down 11% annually with more drops to come although rate of decline will ease

Policeman killed by 'terrorist blast' in Bahrain village

Interior ministry says explosion in Shi'ite village of Karana kills policeman

Saudi mall starts work on $53.3m expansion project

Red Sea Mall in Jeddah will create 4,000 sq m outdoor shopping area as part of development

Dubai approves 37 operators for new holiday homes market

Dubai Tourism says it has seen holiday homes become an increasingly significant component of tourism industry

GCC construction contracts forecast to fall to $194bn in 2015

Value set to drop by $2bn compared to last year as cheap oil means building materials and transport costs fall

Dubai's first Dukes branded hospitality project 80% sold

Developer Seven Tides says plans to open property under British brand on Palm Jumeirah has been met with strong investor demand

MidEast firms look to cut costs, seek new markets in Q2

Business confidence in region falls in second quarter but not as quickly as it fell in first three months of 2015 - survey

Dubai's Nshama inks contract to build more Town Sq homes

Developer says it has signed agreement with Beaver Gulf Group to deliver Zahra and Hayat townhouses

Virgin Megastore opens Saudi Arabia's biggest Apple store

1,900 sq m shop opens at Red Sea Mall in Jeddah as retailer targets Saudi's growing youth population

Dubai's flydubai says to launch Astana flights in October

Low-cost carrier will operate four flights a week to capital of Kazakhstan from October 26

Dubai's Abraaj inks deal to exit stake in Peru's Condor Travel

Company says it has signed an agreement with Carlyle Group; marks first secondary private equity sale in Peru


Why transparency must be the watchword for Saudi fiscal policy

Gulf kingdom needs to present clear-cut plans as to how it will address its budget deficit, says Ed Attwood

Oil market loses faith in Saudi strategy

Reuters analyst John Kemp says Saudi Arabia's strategy for rebalancing the oil market shows few signs of working

'You must spend money to make money'

Ahmed Sharawy explains why Plautus' wisdom of more than 2,200 years ago still rings true today

Where should you stick your cash right now? Probably under the bed

Whether it’s currencies, commodities or property, there are currently few opportunities for increasing your hard-earned wealth.

Why Modi's visit will be big boost to UAE-India relations

RP Group chief Dr Ravi Pillai says visit will further galvanise investments to flow from the UAE and other Gulf countries to India

'Obama is to blame for the rise of ISIL, the mess in Syria,' says Khalaf Al Habtoor

The prominent UAE business leader on why President Barack Obama's term in office has been a disaster for the Middle East, why a President Donald Trump would be a welcome breath of fresh air.

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


Top 10 places for business meetings in the UAE

Whether it is conducted during breakfast, lunch, or dinner, a business meeting requires a business-friendly setting.

7 looks from Instagram’s Arab fashionistas

From Nancy Ajram to Huda Kattan, Arab ladies show off their style

Queen Rania on how to fight ISIL

Queen Rania said that moderate Muslims were not doing enough to fight against ISIL jihadists and their "diabolical ideology” at the Grand Opening of the Medef Summer Conference on August 26, 2015 in Jouy-en-Josas, near Paris.

Latest Reader Comments

UAE's VAT plan 'unlikely to result in expat exodus'
Andrew Prince dip : I wholeheartedly disagree with John Martin St Valery, there will be a mass exodus of Expats leaving UAE and businesses moving out of the country with places like Bahrain and Kuwait ready to welcome them.
I suggest all UK Expats takes professional financial advice with regards to how this is goin...
UAE - Sunday, 30 August 2015 1:58 PM

Focus: The Amal Clooney Cairo courtroom circus
Mosa : Can't blame the publishing companies, media itself has become a circus nowadays.

If there is a 5 year old kid stuck in a sewage hole, and if there is a female celebrity walking out of a restaurant with tears in her eyes, the female celebrity will be the "BREAKING NEWS: Ms. X walks out of a...
UAE - Sunday, 30 August 2015 1:59 PM

Dubai property prices forecast to fall further in H2
raza ahmed khan : I do not think that these are updated people, Emirates Living is one of the key location that they did not discussed in the report,

i am in the market from the last 8 years and i feel that now market prices will fluctuate till the end of 2015, ...
UAE - Sunday, 30 August 2015 2:00 PM

Danger zone: what would the wider impact of a slowdown in China have on the Gulf?
Peter Cooper : It was arguably China's money printing in 2009 that sent the oil price back up to above $100-a-barrel without much of an economic recovery to talk of. Maybe their policy response to this week's equity crash will do the same again? Oil was up 20% last week - a complete contrast to the crashing stock ...
United Arab Emirates - Sunday, 30 August 2015 2:00 PM

Bahrain beats UAE to be named top MidEast expat destination
James : I lived in Bahrain in the 90's, and we loved it.

Glad to see, despite all the issues, it is still a recognised expat favourite....
uae - Sunday, 30 August 2015 9:28 AM




Opinion: Al Habtoor on Europe's unseemly haste to embrace Tehran

Top UAE businessman Khalaf Ahmad Al Habtoor asks if Iran's crimes are suddenly of no consequence to Europe


Dubai ruler plans helipads at remote Scottish estate

Sheikh Mohammed files planning application to build four helicopter landing sites at Inverinate Estate


Qatar Airways says to restart flights to India's Nagpur

Service will take the airline’s total weekly passenger flights from 95 to 102 across 13 cities in India


UAE says set to cut retail petrol, diesel prices in September

Ministry of Energy announces drop in prices for all fuel categories as new policy linked to global levels continues


Dubai's Al Habtoor said to be in talks for $408m loan

Conglomerate will reportedly use the funds to make real estate acquisitions outside Dubai


Whale shark spotted swimming in Dubai Marina

Unexpected visitor causes stir in Dubai Marina as passers-by post photos and videos on social media


Exclusive: Former Leeds Utd boss sentenced to 2 years in jail by Dubai court

British executive David Haigh, who has been behind bars since May 2014, plans to appeal the sentence after being convicted of “breach of trust” by a criminal court.


Muslims need to do more to stop ISIL, says Queen Rania

100 million jobs must be created in the region by 2020 in order to avoid disaffected young people from joining the ranks of jihadists, says Jordanian royal


British honeymooner drowns in Dubai hotel tragedy

Groom got into difficulties following late-night swim in Jebel Ali hotel


Construction of Sharjah Waterfront City set to start in Q4

Mega project will span 36km of coastline and is scheduled for completion in the third quarter of 2018


Is Gulf developers' love of London set to cost them a lot more?

Controversial changes to property planning legislation in the UK were recently overturned by the High Court in a ruling that could see Gulf developers billed millions more in fees. We speak to experts about the potential impact on the Arab obsession with luxury London property

Danger zone: how would China slowdown impact the Gulf?

Last week’s stock market crash in China sent shockwaves through global markets. But what would the wider impact of a slowdown in the Chinese economy have on the Gulf?

Battling the pirates of the Gulf's TV airwaves

A coalition of broadcasters and satellite providers is campaigning to eradicate TV piracy in the Gulf, but advanced technology and stubborn viewers are complicating their task

The case for free trade in the GCC

An unprecedented number of free trade agreements are being signed globally, but the GCC remains far behind. With the decline in oil revenues, the emphasis on closer economic ties could become more urgent

Dubai's smart palm tree technology revealed

Smart Palms harness the sun's energy to allow people to look up city information, access Wi-Fi, and charge their phones, all for free

The Gift Concierge: The “it way” to luxury gifting?

Q&A with founder Christianna Tsiterou

MidEast boutiques seek to become fashionable M&A choice

Number of such firms in the Middle East is growing, centred on the free zones in Dubai, the region's finance hub

Abdul Aziz Al Ghurair: The UAE's top banker on the road ahead for the sector

In an exclusive interview, the chairman of the UAE Banks Federation and CEO of Mashreq Bank, one of the country’s largest private banks, talks candidly about acquisitions, the lack of a savings culture in the UAE, and the challenges that face the lender going forward.

Sweet dreams: chocolate boutique owner Isabelle Jaouen

The founder of Forrey & Galland explains why there’s no business like the chocolate business.

Saudi money market turmoil shows bank jitters over bond issues

Money market moves show concern about Saudi banks' ability to absorb multi-year series of bond issues

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