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Monday, 29 August 2016 This newsletter reaches 155,909 readers, to advertise click here

Unemployment up in Dubai – but city maintains one of world’s lowest rates

0.4 percent of emirate’s population jobless in 2015, up from 0.3 percent in 2014

Watch: Sheikh Mohammed finds empty office during government spot-checks

Video shows Dubai ruler during surprise visit of empty Dubai Land Department workplace

Revealed: Dubizzle's most-listed luxury car brand

$3.8 billion worth of cars for sale on UAE classified website according to the online classifieds website

Abu Dhabi fund ADIA appoints new global operations head

Garry Beaton joins the fund from Ashmore Group, where he held the same title

MENA hotels see rise in occupancy in July, says EY

UAE markets see rates, RevPAR rise year-on-year, Saudi performance drops

Saudi Arabia earmarks three sites for eco tourism

Authorities plan to create hiking and environmental camps across kingdom

Wasl launches new residential, hotel project in Bur Dubai

Port Views project comprises 1,477 residential units and three mid-range hotels

Uber, Careem services remain suspended in Abu Dhabi

A source in Abu Dhabi said drivers had been detained over violations of regulations

Etihad Airways launches 50% discount sale

Fares cut for numerous destinations, while Qatar Airways launches 35%-off sale

Indian man dies in balcony fall in Bur Dubai – report

12-year-old had just returned after graduating medical course in the US

Introducing anti-burkini law in France would worsen tension, says interior minister

France's highest administrative court, the Council of State, ruled on Friday against a decision to ban the burkini by the mayor of the resort town of Villeneuve-Loubet

Adnoc to appoint female chief executive

State oil and gas company to hire a woman for a top role at one of its operating companies

Sheep being sold on Instagram in the UAE ahead of Eid Al Adha

Traders say photo-sharing app is an easy way to display the sheep

Oil prices fall on rising Iraq output

Iran said late last week that it would only cooperate in upcoming producer talks in September if other exporters recognised Tehran's right to regain market share


India's air traffic controller must come back to Earth

The country has more to gain from increased air traffic rights with the Gulf than it realises, says Courtney Trenwith

Who fears the lady in the burkini?

Burkini is a linguistic cross between a burka and a bikini, has been banned on some beaches in France because is not compatible with its values

Private sector development to play key role in transformation of GCC economies

Falling oil prices have significantly placed oil-producing countries in a position to adopt structural and policy improvements.

Egypt's game-changing energy deals

Recent landmark government oil and gas contracts could transform the industry across the Middle East

Will OPEC agree to freeze output in September?

OPEC and non-OPEC countries are again flirting with the idea of a production freeze, says Reuters analyst John Kemp

For Dubai's expats, the grass is not always greener on the other side

Anecdotal evidence suggests that while some workers are leaving the country, many others have decided to stay put, says Ed Attwood

NBAD-FGB merger: Bigger is not necessarily better

While analysts will be examining the financial impact of the NBAD-First Gulf Bank merger, there are some practicalities that need to be dealt with

How do the numbers stack up in the UAE, Saudi Arabia?

Growth in the UAE and Saudi Arabia is slower compared to 2014 and 2015, but cuts in government spending may have gone too far


In pictures: UAE-based athlete wins Ironman Vichy 70.3

Leanne Fanoy of UAE won the women’s race during Ironman Vichy 70.3

5 road MidEast trips to try for Eid Al Adha

Hit the road for an adventure-filled drive in the Middle East

In pictures: Kuwait FA's newly-appointed leaders address the media

Strong police presence was needed to allow the KFA's newly-appointed leaders to take possession of the headquarters

In pictures: The 2016 Notting Hill Carnival

The Notting Hill Carnival, which has taken place annually since 1964, is a two-day event started by members of the Afro-Caribbean community, which sees costumed performers take to the streets in a parade and dozens of sound systems set up around the Notting Hill streets.


Video: What it's like to be famous on Instagram

Do social media stars get jealous of each other? How do they handle haters? Instagrammer Sophie Hannah Richardson tells how it all works.

Video: Scientists end Mars simulation experiment after one year in a solar-powered dome

Six scientists have emerged from a solar-powered dome on a Hawaiian volcano having completed a year-long experiment mimicking life on Mars.

Video: Germany could see 300,000 more refugees this year, says migration boss

The head of Germany's Office for Migration and Refugees said that up to 300,000 more refugees could arrive in Germany this year.

Video: French presidential contenders take aim at Burkini ban

An item of swim wear has become a defining issue in the early days of the race for the French presidency.

Latest Reader Comments

Diving for answers: What's happened to Dubai Pearl?
Fentoni : Not everyone wants to buy in their home country, what about hassles with overseas tenants, taxes etc? If you live here why not buy a completed property and live in that property? There are plenty of countries with less rigorous real estate laws than the UAE. At least now there is escrow etc. People ...
UAE - Monday, 29 August 2016 5:35 PM

India's air traffic controller must come back to Earth
Raj : A flight from Dubai to Coimbatore is desperately required. Thousands of people travel from Coimbatore to Dubai either getting off at Dubai or using it as a transit to Europe and America.
Emirates transports huge amounts of cargo from Coimbatore to Kochi just to be flown to Dubai and elsewhere in...
Coimbatore, India - Monday, 29 August 2016 4:48 PM

Wasl launches new residential, hotel project in Bur Dubai
Shanti : Wasl group was expected to quote an economical and affordable housing prices. But their price seems to be higher or equal to some new private property rents quoted by their agents. This is not a healthy scene. Have you landlords or agents ever thought how a common man can pay so much rent to live in...
UAE - Monday, 29 August 2016 3:52 PM

Unemployment up in Dubai – but city maintains one of world’s lowest rates
Billy : Of course unemployment is low here. If you are an expat and you lose your job you have to leave. You cannot stay here if you are unemployed....
UAE - Monday, 29 August 2016 4:48 PM

Pure ambition: Saygin Yalcin, CEO of
Telcoguy : There is nothing wrong with that. The alternative they have is to leave the car in the airport (back to 2009?)
If you think they are really lowballing, you have an option to arbitrage and offer some more money and then resell the car.
It seems a fairly simple business model, nothing prevent ...
Spain - Monday, 29 August 2016 3:53 PM




Qatar National Bank gets go-ahead to open branch in India

Gulf region's largest lender has a presence in more than 30 countries across Europe, the Middle East, Africa and Asia


Saudi central bank's foreign assets drop by $6bn in July

Assets fall by 16% year-on-year as government withdraws cash to fund budget deficit


Qatar announces new airport tax for passengers

Standard and transit passengers to be charged $10 from 30 August, levy follows similar moves in the UAE


UAE fuel prices set to increase in September

Ministry announces slight rise in price after drop in August


Emirates says Facebook page offering free first class flights is fake

Dubai airline is working with social media site to have 'Emirates Air' page removed


Uber and Careem suspended in Abu Dhabi

‘Unforeseen circumstances’ interrupt UAE’s two private car hire services in the capital


Qatar FA backs official after FIFA investigator seeks ban

QFA said Saoud Al-Mohannadi was confident that a review will find he cooperated extensively and candidly with the ethics committee


Habtoor Leighton Group CEO 'released from custody in Dubai, no charges'

CIMIC Group also announced ownership changes to HLG


Major expansion plan announced for Abu Dhabi's Khalifa Port

Abu Dhabi Ports said new quay will allow Khalifa Port accommodate world's largest container and cargo ships for first time in the emirate


UAE's first ever app awards launched

Event to be held on November 9 at a gala dinner being held in Dubai’s Music Hall


Diving for answers: what's happened to Dubai Pearl?

The mysterious inability of a $6bn mega-project on prime land overlooking The Palm Jumeirah to get more than a few floors off the ground after a decade has earned the scheme a reputation of being haunted. Arabian Business investigates why investors keep fleeing

Risk and reward: Midcom's Anand Kapoor

Anand Kapoor has built Midcom Group from a foreign exchange business in Uganda to a multi-billion dollar conglomerate. Now the ambitious 43-year-old aims to use the Middle East to build the next stage of the company’s growth

Abandoned in Saudi desert camps, migrant workers won't leave without pay

Plight of workers has alarmed their home countries and drawn unwelcome attention to the conditions

Bahraini overtures to Kenya-born runners attract medals, controversy

Oil-rich Bahrain has been luring poor but talented young runners with offers of school and financial rewards

Saudi Arabia, other issuers gear up as Gulf bond crush looms

Cash-strapped region gears up for one of its heaviest-ever periods of international issuance

Switched on: Image Nation CEO Michael Garin

Five years after re-spinning Image Nation’s focus towards its Abu Dhabi base, CEO Michael Garin explains why the media firm’s success will ultimately be measured not by the number of blockbusters it produces but by its ability to craft an industry that no longer needs it.

Great escape? The UAE expat's dilemma

The slowing economy has left ripples of uncertainty across the Gulf, hitting the job market and causing living costs to escalate. For many people who moved to the UAE to cash in on its abundant prospects, it no longer makes sense to stay

Park life: Is the UAE ready for a rollercoaster ride?

How the UAE's many new theme park projects will be able to co-exist

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