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Thursday, 26 May 2016 This newsletter reaches 155,909 readers, to advertise click here

UAE to slash Ramadan food prices by up to 70%

Ministry of Economy negotiates price cuts worth $68m on 5,000 items

Burj Al Arab launches luxury Terrace beach resort

Membership for iconic hotel's luxury leisure facility will cost a reported AED100,000

6 mobile apps that can earn you cash in the UAE

Download these mobile money-makers to your smartphone and start saving

Emirates' redesigned Iftar boxes for Ramadan

Snack packs to be distributed on selected flights across the Gulf prior to Iftar and Imsak

Qatar to donate $10 billion for global humanitarian causes

UAE to attribute 15 percent of its budget to humanitarian work over the next four years

Dubizzle reveals In-App Chat and Make An Offer alerts

Dubai classified platform sees mobile and app views overtake desktop usage

Review: Full Monty body toning at SensAsia Urban Spa

Is this 90-minute treatment your pre-beach solution? We find out ...

$3.6 billion Mountain View I-City planned by Saudi-Egyptian consortium

Ambitious housing project in Egypt to be part-developed by Saudi’s Sisban Holding

6 fitness tips from Dubai-based model Rania Gamal

Say goodbye to lifestyle diseases with these guidelines

Three arrested in UAE for AED 1.5 million jewellery theft

Pakistani nationals accused of robbing Malabar Gold and Diamond showroom in Sharjah

Qatar slashes healthcare spending, World Cup escapes cuts

Public Works Authority official says healthcare spending cut by two-thirds but Qatar 2022 is unchanged

Confusion over $16.5bn Makkah Metro project delays

Makkah Mass Rail Transit CEO says project will be delayed by financing issues but later retracts statement

Gulf banks see more loan defaults as oil slump plays out

More than two-thirds of Gulf banks report an increase in unpaid loans in the first three months of the year

Qatari royal's suit over Picasso 'Bust of a Woman' settled

Settlement between world’s biggest art buyers reportedly reached 'without costs to any party'

BP, Shell said to be among bidders to run Qatar oil field

Sources say a total of six international oil firms have bid to operate Qatar's largest offshore oil field

Dubai's Shuaa Capital says no business impact from lay-offs

Financial firm says six employees have been axed, most of them in support roles


Why the GCC must prioritise teachers

Ambitions to build knowledge economies will fail without addressing the acute shortage of school educators, says Courtney Trenwith

Saudi Arabia's oil policy could become more transparent: Kemp

Appointment of Khalid al-Falih as Saudi Arabia's new energy minister is likely to bring a big shift in style, says Reuters analyst John Kemp

GCC banks' response to hacking woefully inadequate

QNB and InvestBank let down their customers by not only failing to protect their private information but by then playing down the significance of the attacks

Saudi Binladin Group's shaky foundations

The once dominant player in Saudi Arabia’s construction sector is facing a rocky road to redemption, says Courtney Trenwith

Why Saudi Arabia will struggle to kick its addiction to oil

Transforming the economy is an enormously ambitious undertaking fraught with considerable risks, says Reuters analyst John Kemp

How Etihad's partnership strategy is paying off

A strong set of results posted today shows that the Abu Dhabi airline’s much-discussed strategy is starting to bear fruit

Room for improvement?

With Dubai’s hotel market reaching maturity, the question of standards has moved to the forefront, says Courtney Trenwith

Saudi Arabia turns oil weapon on Iran

Gulf kingdom's decision to scupper negotiations on a coordinated oil output freeze is significant shift in policy, says Reuters analyst John Kemp


8 luxury cars that are worth the price tag

These motors don't come cheap - and here are the reasons why

Jordan marks 70th Independence Day

The Arab desert kingdom won its independence from Britain in 1946

Muslim Fashion Festival in Jakarta

Designers showcasing collections at Muslim Fashion Festival in Indonesian capital until May 29 ahead of the start of Ramadan on June 6

In pictures: German-Saudi diplomacy

Saudi Foreign Minister Adel Al Jubeir and his German counterpart Frank-Walter Steinmeier at joint press conference


What is the real cost of UK's EU membership?

A closer look at some of the latest figures from the Treasury

Twitter's Jack Dorsey explains 140 character changes

Twitter is relaxing its 140 characters-per-tweet rule to allow users to add media and refer to each other without eating into the limit

Eurozone agrees on easing Greek debt burden

Finance ministers reach deal with Greece to start debt relief for the country as demanded by the International Monetary Fund (IMF), and to release 10.3bn euros ($11.5bn) in bailout funds

Kurdish-led forces launch offensive on Syria's Raqqa

Syrian rebel alliance begins offensive against ISIL in countryside north of the city

Latest Reader Comments

Dubai real estate agents suspended, fined
Maz : I get hundreds of unsolicited real estate related SMSs a month! I'd love to report them to RERA to put a stop to it. How do I do this?...
UK - Thursday, 26 May 2016 3:59 PM

Government announces new visa system for UAE residents
Prem Satsangi : Before stamping visa on passport every resident needs insurance as per DHA guidelines.
Apply for EID & take health insurance then get stamped your visa.
30th June is deadline for all residents in Dubai.
Dubai UAE - Thursday, 26 May 2016 3:59 PM

Confusion over $16.5bn Makkah Metro project delays
Telcoguy : KSA is expected to run a 15% budget deficit of 98bn USD over a 750bn GDP, I do not think the UK is running such a deficit mind you.
We certainly do not have the same financial projections. May I suggest you take a look at brookings, for example?...
Spain - Thursday, 26 May 2016 4:01 PM

Gulf banks see more loan defaults as oil slump plays out
Mad : Banks are applying fines and penalties and charging people ruthlessly.. unsanctioned ... no one to stop them and protect the helpless employees and small businesses who are highly dependant on the leftovers of the large enterprises to survive....
UAE - Thursday, 26 May 2016 4:00 PM

Micky Jagtiani tops list of Gulf-based rich Indians
Akshay : Whilst that is not factually correct, whats worth noting here is that you've given the rest of the Indians belonging to the state of Kerala a bad name by referring to yourselves first as "Mallu/Keralite/Malayalee" rather than embracing your identity as an Indian first. Shame on you....
India - Thursday, 26 May 2016 4:00 PM




Cheapest Dubai studio is AED 25,000 per year

Rent costs less in units at Dubai Investment Park (DIP) and Dubai Outsource Zone


Qatari energy minister wants 'fair' oil price to push for more investment

Minister says Qatar’s economy remains healthy even at current oil prices


Dubai Opera to stage acclaimed musical Les Miserables

25th anniversary production of legendary show to debut in the city


Dubai's first 'water homes' feature in new $270m project

Marasi Business Bay development will also comprise shops, restaurants, park and a marina


Dubai ruler unveils world's first 3D-printed office

Sheikh Mohammed reveals technological first to house office of Dubai Future Foundation


Mobility still a 'main issue' for Saudi working women

Ambitious women in the Gulf kingdom facing 'barriers', Dr Asma A Siddiki tells Arabian Business Women’s Forum


Dubai named world's second most important retail hub

CBRE report says Dubai has presence of 57% of international retailer, just behind London


Live blog: Arabian Business Forum on gender diversity as it happened

BBC journalist and ITP chairman Andrew Neil hosts ‘A missed opportunity: Why the Gulf needs more female business leaders’ at the Four Seasons Resort Dubai


UAE says problem of business debtors skipping country 'contained'

Head of country's banking federation says more work is needed to address issue but is 'under control'


Dubai to make artificial limbs for $110

Health Authority plans to use 3D printing technology for medical services


Iran-Saudi row threatens any OPEC deal, puts role in question

Less than six months after the lifting of Western sanctions, Iran is close to regaining normal oil export volumes

A growing business: Compareit4me

Jon Richards, CEO at compareit4me, shares some of the secrets of how to lead a business that is on an upward path.

Saudi Arabia's rulers adapt message for social media age

Saudi Arabia's leaders have historically courted public opinion only via informal councils

Changing fortunes: Damac's Ziad El Chaar

With consecutive quarterly profit declines and controversy over its Donald Trump-branded golf course, developer Damac Properties has drawn plenty of attention in recent months. Managing director Ziad El Chaar responds to both issues and explains why the company has shed its all-luxury dogma to join the competition for mid-market real estate

GCC's class act threatened by teacher shortages

A global shortage of school teachers is particularly hurting the GCC, which relies on expats to fill the majority of positions. With the student population expected to soar by 20 percent in four years, competition is mounting

Inside the House of Chalhoub

The Middle East distributor of the biggest names in high-end fashion, the Chalhoub Group, started with a dream in Damascus and went on to become an empire. Half a century and 600 stores later, co-CEOs and brothers Patrick and Anthony Chalhoub discuss surviving in admittedly tough times and the future of luxury shopping

Smooth operator: Virgin Mobile's Mikkel Vinter

Not everyone in the Middle East welcomes privately-owned telecom operators and perhaps for good reason: in eight years, Virgin Mobile has acquired 2 million customers in just three Arab countries. The man responsible, Mikkel Vinter, reveals his expansion strategy, IPO plans and why the telco will remain “the biggest gorilla in the forest”

'Bachelor ban' in Qatar tests relations with migrant workers

Recent ramping up of family-only rules in Qatar is excluding the country's vast South Asian workforce

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