ArabianBusiness.com/subscribe Have trouble reading this email? See it in your browser
Wednesday, 9 July 2014 This newsletter reaches 155,909 readers, to advertise click here
NEWS »

Dubai offers obese kids gold to lose weight

The ‘Your Child in Gold’ campaign was launched by Dubai Municipality, aims to get overweight kids active

Dubai’s Damac offers free BMW with each purchase during Ramadan

The special promotion during the holy month extends to buyers outside the UAE

Airbus staff arrested over Saudi corruption allegations

UK's Serious Fraud Office have questioned four former and current employees, sources told the Financial Times.

Dubai developer Nakheel H1 net profit jumps 54%

Gov't-owned property company made a net profit of $504 million in the six months to June 30

The Big Debate: Does BlackBerry have a future?

The once must-have business device has suffered dwindling market share and profits. A panel of experts look at whether the iconic Canadian brand can turn its fortunes around

Bahrain to take action against 54 firms who violate midday work ban

All outdoor work is banned between hours of midday and 4pm during July and August

Abu Dhabi-backed Virgin Galactic to launch astronaut hotel

Dona Ana County Future Astronaut hotel will be used by customers before they fly into space

Saudi arrests 2,200 foreign workers during Ramadan

The arrests are in contrast to the 1000 prisoners released from jails during the holy month

M&S Saudi franchise holder in capital boost to fund growth

Fawaz Abdulaziz Alhokair said it would convert reserves and retained earnings to new shares

DP World in legal action over Africa's largest container terminal

Djibouti gov't launches arbitration in London in a row over how the contract was awarded to Dubai firm

Iranian journalist sentenced to two years and 50 lashes

Blogger Marzieh Rasouli charged with spreading anti-government propaganda

Bahrain summons top opposition leader for questioning

Main Shi'ite Muslim leader met a visiting US official who was subsequently ordered to leave the kingdom

Electronic devices, phones that have run out of battery not allowed on planes, say US security officials

UK airports announced that if a "device doesn't switch on, you won't be allowed to bring it onto the aircraft"

OPINIONS »

Time to call time on the Etihad subsidies debate

European carriers like Lufthansa need to get used to the fact that what Etihad is doing is perfectly legitimate

Qatar’s 2022 World Cup: An investment legacy own goal?

Political risk analyst Ruth Lux on why Qatar has already scored a hat-trick of achievements despite ongoing controversy

Where did it all go wrong for Arabtec?

The departure of CEO Hasan Ismaik leaves more questions than answers for the contractor’s shareholders

Innovation comes to banking

Bitcoin is a simple idea, but its implications are enormous, particularly for the world’s poorest

PHOTOS »

Ramadan around the world

Tens of millions across the Muslim world fast from dawn to dusk and strive to be more pious and charitable during the month, which ends with the Eid holiday.

BITC 2014 Responsible Business Awards

The 2014 Responsible Business Awards cycle has seen 159 new Big Ticks awarded with a further 82 entries re-accrediting their Big Tick status, each demonstrating the powerful impact of business on society and the environment.

Moguls to gather for annual Allen & Co. Conference

Allen & Company, an investment bank catering to the media and technology industries, brings together some of the biggest names in media and technology for its conference.

Kerry visits China

China and the US geared early on July 9, 2014, for high-stakes talks on a slew of thorny issues, as US officials warned against rising tensions caused by Beijing's 'problematic' claim to swathes of the South China Sea.

VIDEOS »

Qatar presents plans for 2022 World Cup

FIFA is investigating allegations of corruption surrounding the bidding process for the 2018 and 2022 events but Qataris say they have nothing to hide and are deserving winners.

Indonesia votes for new president

Indonesia faces a key choice today in a presidential election which could be the last chance for old style politicians to lead the world's third largest democracy, and one of its youngest.

Japan urges evacuation as typhoon moves in

One killed, more than 500,000 people urged to evacuate and hundreds of flights cancelled as Neoguri slams Japan.

US investigates Commerzbank and Deutsche Bank

After BNP Paribas' record fine, US authorities reportedly have their sights on Germany's Commerzbank and Deutsche Bank over their dealings with countries under sanctions by the United States.

Latest Reader Comments

The Big Debate: Does BlackBerry have a future?
DXBHeadhunter : Manish really hits the nail on the head. The all in data package from Blackberry while not quite unlimited (like the old days) means many business travelers can stay connected to their office and clients without returning home to a hefty bill for international data charges.

This combined w...
UAE - Wednesday, 9 July 2014 7:09 PM

The perfect human diet
Doug : If you want to keep your blood sugar steady, it should be obvious that you should avoid foods which either contain or metabolise down to sugar. Ask anyone with diabetes what happens when they eat pasta or bread? You'll find very quickly that the GI 'fuller for longer' approach is utter nonsense. Bot...
UAE - Wednesday, 9 July 2014 6:07 PM

British motorist fined for Dubai road rage incident
Doug : It's not just the this reader - the head of Dubai traffic police has essentially said that you don't need to follow the speed limit and any car driving slower than you has to move out of the way. Otherwise it's them who are breaking the law, as opposed to the person actually speeding and therefore, ...
UAE - Wednesday, 9 July 2014 6:07 PM

US "deeply concerned" after Bahrain orders State Dpt official to leave
procan : Pull the 5th Fleet out now....
canada - Wednesday, 9 July 2014 6:06 PM

Dubai drivers must give way to faster-moving vehicles
Rider on the Road : In the end from all below comments I can conclude

- Lack of lane regulations (overtaking / undertaking, Europe system vs US/Canada system confusion) in place
- Deficient education on the above by driving schools
- Lack of enforcement of the above by Dubai police
- Diverse drivin...
Switzerland - Wednesday, 9 July 2014 4:24 PM

All READER COMMENTS
     

EDITOR'S CHOICE »

1.

The Big Debate: Does BlackBerry have a future?

The once must-have business device has suffered dwindling market share and profits. A panel of experts look at whether the iconic Canadian brand can turn its fortunes around

2.

Revealed: Highest paid executives of UAE listed companies

Telecoms giant Etisalat and Burj Khalifa developer Emaar dominate list of 30 business leaders with the biggest wage packages.

3.

Dubai Holding chief says $6.8bn needed to build new mega-mall

Chief exec Ahmad bin Byat insists there is demand for projects such as recently announced Mall of the World

4.

Sheikh Khalifa’s health is fine, says Abu Dhabi Crown Prince

Sheikh Mohammed bin Zayed Al Nahyan dismisses concerns over UAE President’s health after rumours on social media.

5.

Dubai's Emaar faces market oversupply risks, warns Moody's

Ratings agency says raft of new project launches by Emaar and other developers poses risk of oversupply in emirate

6.

UAE may introduce community service for traffic offenders

Punishment is for arrogant drivers who commit serious violations.

7.

US "deeply concerned" after Bahrain orders State Dpt official to leave

US Asst Secretary of State for Democracy, Human Rights and Labour accused of interfering in the Gulf state's internal affairs.

8.

Omani minister's wife sues London's The Ritz over $3.4m gambling debt

Muscat-based woman claimed staff took advantage of her gambling addiction by extending her credit limit and encouraging her to keep playing

FEATURES & ANALYSIS »

Interview: Aldar chairman Abubaker Seddiq Al Khoori

Just 12 months after the UAE’s biggest ever merger, Aldar is back in the profits, back launching projects and has managed to clean up its balance sheet. Chairman Abubaker Seddiq Al Khoori tells Arabian Business how the Abu Dhabi developer completed one of the most remarkable corporate turnarounds in the country’s history

The spectacular rise and fall of Arabtec

The ups and downs of Dubai most heavily traded stock teaches hard lessons about how risky the region remains for investors

James Hogan: The facts about Etihad

Etihad Airways has become one of the fastest growing airlines in aviation history. In an exclusive interview, President and CEO James Hogan reveals how the airline is funded, and hits back at the growing campaign of smear and innuendo

Finger on the pulse of Gulf healthcare

Fast-expanding Anglo Arabian Healthcare has already built up a considerable portfolio of brands in Dubai and the northern emirates. Backed by the likes of Waha Capital, it will shortly be looking at expansion into the rest of the Gulf

Paramount Group: Out of Africa

South Africa’s Paramount Group is making waves by taking on the big players in the global defence industry. Founder and chairman Ivor Ichikowitz explains why his company can be a forerunner for other firms from the continent

Blood on the bourse floor

Arabtec’s share price collapse was the catalyst for a huge sell-off on the Dubai stock market last Tuesday, an event that resulted in unwanted headlines around the world

Interview: Dubai Airports CEO Paul Griffiths

These days it’s not the travel that takes forever, it’s the process of even getting on board a plane. But Dubai Airports CEO Paul Griffiths reveals how he’s planning to have you flying through check in, security and immigration, all from a remote terminal linked to the airport gate via a bullet train

MidEast investors eye $180bn overseas spending

Arab institutional investors have been buying up swathes of European cities, with London the firm favourite. As new research estimates that $180bn will be invested by Middle East funds outside their home market in the next decade, we look at the factors and trends influencing this massive cash trail

Follow Us
facebook facebook facebook facebook
Markets
ADX 4,817 -0.24%
ASE 2,118 0.16%
KSE 7,053 0.65%
Share prices are updated with a 15-minute delay. Data is not intended for trading purposes
abcafe

The challenge of Ramadan – and beyond

The perfect human diet

Arabtec – rebuilding a giant?

Belgrade upgrade?

What’s the value of LinkedIn recommendations?

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