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Saturday, 10 October 2015 This newsletter reaches 162,112 readers, to advertise click here

Dubai ruler wins helipads battle at remote Scottish estate

Sheikh Mohammed overcomes objections from local businesswoman to win approval for plans at Inverinate Estate

Dubai rents hold steady despite sales price slump

Knight Frank says prime rents in Dubai fell by just 0.4% over past year compared to 12.2% sales price decline

Fledgling UK airline chases Gulf investors for $50m

British entrepreneur embarks on Gulf funding campaign for halal carrier Firnas Airways

GCC gov'ts maintaining spending despite oil slump, says S&P

New report warns that investment expenditure could be cut if oil prices fall much further, weakening gov't balances

UAE non-oil jobs growth falls to six-month low

Emirates NBD UAE Purchasing Managers' Index falls to 56 points in September, down from 57.1 in August

Bahrain's Gulf Air plans to launch two new Pakistan routes

National carrier says it will operate services to cities of Faisalabad and Multan from December

Abu Dhabi eyes 19% jump in cruise ship visits

Zayed Port is scheduled to host 112 ships in 2015-16 season, bringing more than 200,000 visitors to emirate

Dubai's DEWA hires builder for solar innovation centre

Hadeed Emirates Contracting Co picked to build facility at Mohammed bin Rashid Al Maktoum Solar Park

Virgin Mobile inks retail deal to expand Saudi footprint

Telecoms firm signs agreement with Jarir Bookstores to set up booths in 27 shops across Gulf kingdom

Emirates unveils new merchandise in deal with British artist

Hatty Pedder, a Dubai-based British artist and fashion illustrator, collaborates on Icon Collection on sale in airline's stores

Dubai Industrial City posts 28% revenue growth in 2015

Industrial and logistics hub says hundreds of new firms have been added, with 149 more in pipeline

Alshaya inks deal to open 32 shops in Mall of Qatar

Kuwaiti retail firm to occupy about 18,000 sq m of space at shopping complex which is set to open next year


We're selling the dream but who is buying?

We need to connect employees, clients, stakeholders and even consumers to a larger purpose that contributes to the greater good, says Elie Khouri

The Qatar Investment Authority’s perfect storm

Qatar’s sovereign wealth fund — one of the world’s biggest — has taken a hit this quarter with a number of stakes reporting sub-par performances.

Hoteliers need to find the middle ground

The global tourism market is swelling with new middle class citizens, but Dubai risks losing out unless it picks up the pace with mid-level accommodation.

Little learnt from Lehman collapse

It's been seven years since the collapse of Lehman Brothers and instead of using the event as a way to deal with excess, lax structures and a lack of focus on productivity, it became a catalyst for policymakers to 'pretend and extend'. But not all is lost and while the next seven years will be lean, they will be positively lean.

Is this the UAE’s most important megaproject?

The Barakah nuclear power project, once fully operational, will supply a quarter of the country’s energy needs.

Can we really afford a vroom with a view?

While Damac's latest Bugatti-styled villas may seem attractive for high-end buyers, Dubai is still lagging behind when it comes to affordable housing, says Ed Attwood

Opportunity knocks for Gulf airlines in Iran

The opening up of Iran’s ageing aviation industry could pave the way for lucrative growth for the region’s leading carriers, says Ed Attwood

Strong history, bright outlook: the role of India in Dubai's tourism future

Dubai is laying out plans to attract 20 million tourists per year by 2020, and India is playing a significant role in making this tourism vision a reality


A peek into Abu Dhabi's Masdar City

Masdar City is a high-density, pedestrian-friendly development where current and future renewable energy and clean technologies are showcased, marketed, researched, developed, tested and implemented.

Dubai’s best views hotel rooms

A list of some of the best hotel room views in Dubai

A look inside five of Dubai’s most luxurious properties

Some of the most lavish homes on offer in Al Barari, Arabian Ranches and Dubai Marina

Eight concept cars we want to see in the showroom

With the Frankfurt Motor Show having just ended, we got to thinking about those out-of-this-world “concept cars”

Latest Reader Comments

Dubai real estate prices drop nearly 13% in 2015
gvk : Rent increase each year by referring to RERA RENT INDEX is effecting SME ,ultimately it effects competitiveness which effects tourism ,specially from countries whose currencies are weakening ....
UAE - Thursday, 8 October 2015 9:14 AM

Five students face murder charges over Saudi school fire
Reene : What chaos?????? Imagine if it was a real fire.
The occupier of the business is responsible for fire safety. There was no fire drills and training provided in this school as I can tell....
Israel - Thursday, 8 October 2015 9:15 AM

Bahrain’s Sheikh Salman tops list of most influential men in Asian sport
harry hatchet : Where is Manny Pacquioa in this list?...
uae - Thursday, 8 October 2015 9:18 AM

Emirates unveils Jennifer Aniston TV ad as part of $20m global marketing campaign
Simon : JA .... Brilliant .... absolutely BRILLIANT .... well done nobody could beat you for such a role ... well done Emirates ...
UAE - Wednesday, 7 October 2015 12:49 PM

Flogged Saudi blogger named 'writer of courage' in Britain
Mark W. Elliott : Congrats to Raif Badawi; he deserves this prize....
KSA - Wednesday, 7 October 2015 12:52 PM




Son of Dubai ruler posts photos of Yemen military service

Sheikh Mansoor bin Mohammed publishes photos and video of him helping fight against Houthi rebels in Marab


Dubai office rents up 1.2% in Q3 amid 'robust' activity

New Knight Frank report says healthy level of demand for prime office space has exerted continued upward pressure on rents


Bahrain's Investcorp buys sports gear firm for $65m

Investment firm announces deal for POC from its US-based parent Black Diamond


Entrepreneur of The Week: Moustafa Mahmoud, founder of

Founder of the UAE-based shopping search engine was the only Gulf entrepreneur chosen to take part in a prestigious Silicon Valley programme


Iranian gang jailed for life for kidnapping Dubai exec

British-Iranian victim Abbas Yazdi was last seen on June 25 2013


Dubai's Al Maktoum airport to see prep work in 2016 for Emirates' move

Passenger terminal at Al Maktoum International was launched in Oct 2013, but only four airlines have started flights so far


Dubai's JBR appoints firm to solve traffic gridlock issues

The popularity of the beachfront strip has led to complaints of chronic transport problems


Dubai real estate prices drop nearly 13% in 2015

Residential sales prices drop in Dubai but remain 'resilient' in Abu Dhabi, says consultancy Tasweek


Bahrain, Saudi Arabia escalate plans for $3bn second causeway

87km road and rail link to be approved by year-end ‘and be privately financed’


Two Abu Dhabi journalists hurt in ISIL attack on Aden

Abu Dhabi Media Company says staffers are in stable condition after their positions were targeted in Yemen


Track to the future: Mohammed Al Mubarak

From tourism to property, and from film to education, Mohammed Al Mubarak heads up some of Abu Dhabi’s most important entities. In an exclusive interview with Arabian Business, the man behind the rapid development of Yas Island explains why the UAE capital has no plans to slow its ambitious growth agenda

MidEast military sales: the case for the defence

Military sales is a trillion-dollar business. Ahead of the Dubai Airshow, Arabian Business travels to the US for a bird’s eye view of what Boeing Defense, Space & Security — one of the world’s largest suppliers — plans to showcase at the November event, and to discuss appetite for deals in the Middle East

Trading from the frontline in Palestine

Palestine’s economy has been crippled by the war on Gaza but its resilient stock exchange still maintains a strong profile among Gulf investors

Doyen of data: Challenges facing the CEO of Zain Group

Telcos must better monetise data services as low prices and aggressive promotions threaten profitability, says Scott Gegenheimer, the CEO of Zain Group.

Mohammed Khammas: The young Emirati businessman who has signed a lucrative deal with Marvel to tap into the global comic craze

The young CEO has diversified his family firm from contracting and industry into events, malls, themed resorts and collectibles, with his empire now spanning as far as Hollywood

Coffee bean counters: Nespresso's battle to preserve its share of the $8bn single-serve coffee market

Fronted by Hollywood actor George Clooney and with revenues of over $4bn, Nespresso is one of the trendiest brands in Europe. But this success has been the catalyst for the growth in a whole series of copycat competitors eager to steal a sip from its market share. As part of the international fightback, CEO Jean-Marc Duvoisin says the Middle East is set to be one of its major battlegrounds.

Reverberations from the Haj tragedy

The deaths of more than 100 Iranians during the 24 September haj disaster, the largest of any country’s toll, could inflame tensions between arch rivals Saudi Arabia and Iran, spilling over into regional conflicts.

'I play music to create hope, to help people who have no past, present or future': The extraordinary tale of the Iraqi cellist fighting bombs with music

The story of Karim Wasfi made global headlines earlier this year. In an exclusive interview with Arabian Business, the Iraqi national explains why his craft can be “a bridge between civilisations”.

The king of ring: du chairman Osman Sultan

Osman Sultan has led du ever since the UAE’s second telco was launched in 2007. But if anything, the CEO says the challenges and opportunities that exist today are greater than they ever were.

Health check: One-on-one with Dr Azad Moopen

Dr Azad Moopen, MD and chairman of Aster DM Healthcare, discusses the rapid changes to the UAE’s healthcare industry, the challenges and opportunities it has brought, and what the future holds for healthcare providers.

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Dubai residents urged to hide valuables from maids?

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