ArabianBusiness.com/subscribe Have trouble reading this email? See it in your browser
Would you also like to receive our Arabic Newsletter? Then click here
Tuesday, 28 February 2017 This newsletter reaches 162,112 readers, to advertise click here
NEWS »

Saudi Arabia mulls raising fuel prices by 30% from July

Industry souces say increase would be part of plan to align its fuel prices with global benchmark levels

Dubai may opt to delay launch of driverless flying taxis

Safety certification process underway, hoping to complete by July, says RTA chief

UAE landlords set to get tougher on rental cheques

Industry experts say landlords will try to reduce number of cheques accepted from tenants as real estate markets start to recover

Saudi city to host Arab world's first YouTube FanFest

YouTube FanFest Jeddah will have two shows - one dedicated to an female-only audience and the other will be for families and males

Bahrain in talks with Singapore on blockchain pilot

Kingdom joins GCC race to become fintech pioneer with 'regulatory sandbox'

Qatar's foreign trade surplus jumps 62% in January

Gulf state's surplus rises to $3bn, according to Ministry of Development, Planning and Statistics data

DEWA to invest $2.7bn in new substations

Work has already begun on new stations in Hassyan and at the Mohammed bin Rashid Al Maktoum Solar Park

Second Saudi stock market surges on first day

As many as 100 companies had expressed interest in listing on the new secondary equity market

Ajman Bank inks deal to finance new $91m hospital

Saudi German Hospital – Ajman will include 150 beds, set for completion in 2018

Oman eyes large bond sale, could exceed $2bn

Investors say sultanate also plans to issue dollar sukuk over next few months

Iran's 'The Salesman' wins Oscar for best foreign language film

’The Salesman’, a drama about honour and revenge in a modern marriage, was one of the favourites to win

UAE's Rotana makes African debut with Kinshasa hotel

Hotel operator says it is also building projects in Marrakesh, Luanda, Nouakchott, Dar es Salaam and Lagos

Team Emirates' Costa wins Abu Dhabi Tour

Costa had a four-second lead going into the final day staged on Abu Dhabi's Formula One circuit

OPINIONS »

How a fantasy-world villain is helping to change Saudi Arabia

Recent public entertainment, from comedy to jazz, is bringing a lighter side to the conservative kingdom.

Why Saudi Aramco golden ticket has risks for Western banks

Reuters' Andy Critchlow on the Saudi Aramco IPO dangers facing JPMorgan and Morgan Stanley

Why Saudi Arabia's $50bn renewable energy programme is credible

The plan will set new benchmarks in competitiveness, commercial attractiveness and execution.

Will Damac's relationship with the Trump Organization pay off?

An exclusive preview of the Trump International Golf Club Dubai reveals less about the egotistical new US president than you would expect, says Courtney Trenwith

Why personal debt levels can't rise much further

With stagnant salaries and banks reporting double-digit profit falls, cash-strapped consumers are facing a dilemma, says Sarah Townsend

Globalisation starting to make genuine business sense, at last

Trump’s policies, or lack of, have meant that globalisation may now be the best way to counterbalance narrow-minded ideals, writes Michael Jabri-Pickett

Piloting the UAE's turbulent flight path

There has been plenty of gloomy news for the country’s airlines but clear skies are ahead, says Courtney Trenwith

How Saudi Arabia aims to dial up the fun

As Saudi Arabia moves towards opening cinemas and expanding its television offerings, the newly created General Authority for Entertainment must support content creation — and protection

PHOTOS »

5 everyday cars less than AED35k

Used-car platform CarSwitch.com reveals cars on a budget

In pictures: Malaysia welcomes Saudi Arabia's King Salman

Ruler starts month-long Asian tour to build ties with the world's fastest growing importers of Saudi oil

In pictures: All the glitter and glamour at the 89th annual Academy Awards

American drama film Moonlight, directed by Barry Jenkins, wins big this year

In pictures: How to stop bad tech habits

Futurist and trends expert Scott Steinberg shares his tips to better tech etiquette

In pictures: Team Emirates wins Abu Dhabi Tour title

Orica-Scott's Caleb Ewan of Australia took the final stage in a sprint finish

VIDEOS »

Video: These balloons could take you to the edge of space

Space exploration company World View is developing balloons designed to carry people to space.

Video: World's biggest twin-engine jetliner has foldable wings

Boeing finalized designs for the 777-9X, which has folding wings and is expected to be the world's largest twin-engine jet when it begins service in 2020.

Video: Gaza's tech gurus flourish despite siege

Despite electricity blackouts and lack of a reliable internet connection in Gaza, a small and growing technology sector is allowing young Palestinians to overcome the difficulties of life under siege.

Video: Diversity takes spotlight at Oscars 2017

The 89th Academy Awards are set to kick off on Sunday. Musical La La Land is leading the pack with 14 Oscar nominations.

Latest Reader Comments

Greening the desert: How the UAE aims to change its carbon footprint
Fentoni : Sadly with China paying lip-service to green initiatives and Trump actively pursuing an anti-climate change agenda (and all of the $'s that will pump into his 2020 election coffers) the whole going green movement feel a bit redundant. Where is the pressure to change? ...
UAE - Monday, 27 February 2017 2:18 PM

Dubai residents appeal to fix 'roundabout of doom'
JRH : As the article mentions work started on a slip road to make entry from the Ranches safer about 2 years ago but halted abruptly about a year ago and hasn't moved since.

As people have moved into the communities along Al Qudra the problem has only gotten more dangerous and needs to be addres...
UAE - Monday, 27 February 2017 2:14 PM

Dubai ruler orders 4x4 stunt driver to clean the city's streets
salman : This should have had jail time as well. They clearly put innocent lives in Danger. If anyone of us had done it we would have gone to jail. Complete disrespect for the country and people who live in it. ...
UAE. - Monday, 27 February 2017 2:17 PM

Saudi's Al-Jubeir visits Baghdad to bolster reconciliation post ISIL
as1991 : It is time to live together in peace and end up sectarianism, extremism and terrorism . I think Iran will no longer be able to sow any sort of conflict or unrest so this a much needed visit for a bright future ahead for the entire region....
Saudi Arabia - Monday, 27 February 2017 8:29 AM

Flavio Briatore's formula for life
Ismail Murad : I like Mr Briatore's life style on the fast lane .....nothing in life is easy as it seems soft and pampering , he is a legend to me creating his own luck sooner or later no matter how you are faster there is always somebody faster ...
Kuwait - Monday, 27 February 2017 8:29 AM

All READER COMMENTS
     

EDITOR'S CHOICE »

1.

UAE sees inflation rate rise

Medical care, education, fuel were the main drivers

2.

Careem app offers Dubai residents additional service

All fares need to be settled in cash, or paid by credit card

3.

UAE salaries expected to rise, report says

Cooper Fitch said new jobs believed to be on the horizon

4.

UAE arbitrators face threat of criminal action

Practitioners resign, global firms seek to minimise risk after changes to Penal Code

5.

Attorney-General orders arrest of 20 in Abu Dhabi

Suspected thought to be involved in fraud

6.

Kuwait could pay up to $60,000 for party at Trump Hotel in Washington

Kuwait Embassy is hosting an event to mark their National Day

7.

Pacquiao, Khan set to clash in the UAE on April 23

Boxers confirmed that they have agreed on terms of their 'super' fight

8.

Ali is the first Muslim to win an Oscar

Actor was raised Christian before converting to Islam

FEATURES & ANALYSIS »

Closing the Gulf's gender gap

GCC states fell behind in closing the gap between women and men last year, but governments are striving to re-tip the scales.

Taking cover: Inside the GCC home insurance market

Home insurance in the GCC remains remarkably low, despite arresting reports of fires that have caused costly damage to homes and treasured possessions. Industry players say residents are finally sitting up and taking note, but the transitory nature of expats and a general lack of awareness continue to suppress demand.

Port of call: CEO Mark Geilenkirchen

As food security becomes a significant concern for the GCC, Oman’s Sohar Port and Freezone is developing the region’s first agriculture hub. New CEO Mark Geilenkirchen says the facility will also help maintain years of consecutive double-digit growth.

"He was my hero," Ayman Hariri on his late father

In a rare interview, Ayman Hariri reveals the raw grief he still experiences 12 years after the assassination of his father, former Lebanese prime minister Rafik Hariri, and the lessons he learnt that have inspired him to take on formidable social media giants.

Luxury hotel brand finally coming to the GCC

Following numerous unfulfilled promises and delays, Langham Hotels set to open four properties in the Gulf, all in the space of a year

Anantara brings a little bit of Thailand to the GCC

Chairman and CEO explains why the region is so enticing

A tale of two (smart) cities

Singapore’s outgoing ambassador to the UAE says the countries have much in common

How Travis Kalanick aims to drive Uber's growth in the Gulf region

In an exclusive interview with Arabian Business, the CEO reveals how he gave 40,000 Saudis jobs, and what makes Dubai the perfect blueprint for the GCC

Follow Us
facebook twitter instagram google plus linkedin

BlackBerry brings back the keyboard with the KeyOne

BlackBerry has kicked off Mobile World Congress 2017 wi...

Piaget's Altiplano celebrates 60 years

The luxury watchmaker has said 2017 is 'the year of the...

Going green: Diamond Developers CEO Faris Saeed

Diamond Developers CEO Faris Saeed explains how its Sus...

The state of the luxury market: 2017

As luxury brands brace themselves for another challengi...

Your ideal business partner: Huawei Mate 9

The key to being more productive isn't working harder. ...

Music to his ears: Anthony Younes

The Dubai Jazz Festival has drawn almost half-a-million...

CEO Book Club: February

Practical advice from the best books in business...

Executive style picks: February

Because clothes maketh the man (and woman)...

Banking & Finance |  Construction & Industry |  Education |  Energy |  Healthcare |  Media & Marketing
Personal Finance |  Real Estate |  Retail |  Technology |  Transport |  Travel & Hospitality