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Thursday, 29 September 2016 This newsletter reaches 155,909 readers, to advertise click here

Dubai property ads need gov't approval from Sunday, says RERA

Brokers express mixed opinions over new rules to fight false advertising, fraud

OPEC strikes first deal since 2008 deal to curb oil output

Oil prices jumped 5 percent but market wants more detail

Obama says Saudi 9/11 legislation sets 'dangerous precedent'

Law grants an exception to the legal principle of sovereign immunity in cases of terrorism on US soil, clearing the way for lawsuits seeking damages from the Saudi government

UAE sees 'dramatic' rise in use of Snapchat, Instagram

Number of Snapchat users rises threefold in UAE, Saudi Arabia since 2014

New Zealand, GCC renew efforts to sign delayed free trade pact

Two-way trade between New Zealand and the GCC is worth $2.19 billion annually

Kuwait central bank governor defends country’s finance laws

Mohammad Yousef Al Hashel dismisses claims from Kuwait Commercial Bank of ‘restrictive’ regulation

US approves $8bn fighter jet sales to Kuwait, Qatar and Bahrain

Sales by Boeing, Lockheed Martin stalled for two years over concerns raised by Israel

China's Cosco to invest $400m in Abu Dhabi container terminal

Cosco said the 35-year concession is valued at around $738 million in total.

Extra month maternity leave for Abu Dhabi gov't workers – official

Women will be entitled to three months’ leave under new human resources law

UAE motorists to get replacement cars under insurance shake-up

Insurance industry regulator to adopt ‘unified’ regulations from next year


Finally, developers in Dubai appear to be listening

The increasing number of new affordable residential projects in Dubai have not come soon enough, says Courtney Trenwith

The calculus of conflict in the Middle East

Christine Lagarde said IMF, along with the international community, will be called upon to assist in rebuilding the economy once the conflicts end

The double standards of US carrier complaints over Gulf codeshare deals

Automatically handing the Big Three airlines US government contracts would simply amount to state subsidies, says Ed Attwood

Banking on new bankruptcy legislation

The UAE’s approved insolvency law is its most valuable investment in the economy in years, says Courtney Trenwith

Why Takaful is misunderstood

The Sharia-compliant insurance industry must make a more concerted effort to compete with conventional products

Where exactly is the centre of Dubai?

The emirate’s multiple ‘prime central areas’ means it will not see significant price differentiation, as experienced in other global cities.

The problem with Dubai property forecasts

It pays to do your own homework when analysing the Dubai property market, says Courtney Trenwith

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


In pictures: Land Rover unveil the new Discovery model

Bear Grylls, Zara Phillips and Sir Ben Ainslie attend launch of Land Rover's 'New Discovery'

In pictures: The Duke and Duchess of Cambridge tour Whitehorse and Carcross, Yukon

Prince William, Duke of Cambridge, Catherine, Duchess of Cambridge, Prince George and Princess Charlotte are visiting Canada as part of an eight day visit to the country taking in areas such as Bella Bella, Whitehorse and Kelowna

In pictures: Military parade celebrating 54th anniversary of North Yemen's revolution

Pro-government soldiers take part in a military parade celebrating the 54th anniversary of North Yemen's revolution in the central province of Marib

In pictures: OPEC strikes first deal since 2008 to curb oil output

Members of the Organisation of Petroleum Exporting Countries attend crunch meeting in the Algerian capital Algiers


John Chen, BlackBerry's chief executive officer, discusses the company's decision to stop making its iconic smartphones and focus on its software business.

Thousands of comic and cosplay fans attend a comic convention in Tripoli, the first such event to be held in Libya.

Royal Bank of Scotland Group will pay $1.1 billion to resolve claims that it sold toxic mortgage-backed securities to credit unions that later failed, according to the U.S. National Credit Union Administration.

OPEC has agreed to cut its oil output for the first time since 2008. The major oil producing nations struck a preliminary deal at talks in Algeria.

Latest Reader Comments

Emirati graduates say they expect $7,350 monthly salary in first job
survivor : @telcoguy - actually, banks - (both local and foreign) in the country have been forced to hire them for decades now, with a salary higher than an experienced expat. ...
UAE - Thursday, 29 September 2016 1:16 PM

Expat citizenship could help solve Dubai's economic challenge
Joanna Davies : Why would one want citizenship.. Countries back home are booming and there are more financial opportunities back home.
Remember we are here in UAE , to make money, spend some and repatriate most of it..The government has made it clear , and we should not harbour any misconceptions ...
uae - Thursday, 29 September 2016 1:16 PM

Saudi's Muslim World League voices 'deep concern' over new 9/11 law
WHJ : @Telco. Well, of course there is. You can begin by learning to write reasonably logical comments.
Take your other comment as an example. Oil constitutes around 5% only of Dubai's GDP and yet you still think Dubai's economy is oil dependent......
UAE - Thursday, 29 September 2016 1:31 PM

Exclusive: UAE mulls ‘man-made mountain’ in bid to improve rainfall
Telcoguy : @WHJ, I think your claims are more of a mocking than anything else Fenton could say. I am still wondering if you are real or some kind of Cobelrtesque character because you have made claims so outrageous and out of place that would fit perfectly in his old program.

I am waiting for you to a...
Spain - Thursday, 29 September 2016 1:32 PM

Italian lawyer said to sue Emirates over obese passenger
Joe : When will people wake up and realise that obesity is a gigantic problem, not just in the UAE and GCC, but in almost every developed country on the planet?

We are (on average) so fat that it is having a negative impact on helath - fatter than we have ever been before in history - and getting...
UK - Thursday, 29 September 2016 1:12 PM




Sheikh Mohammed launches new strategy to shape UAE's future

Dubai ruler announces the UAE Strategy for the Future, a roadmap that will take the nation to the next era of development


Dubai's DEWA awards tender for world's first 3D-printed lab

State utility firm awards contract to Convrgnt Value Engineering to design and build first 3D-printed building in the UAE


New Burj Khalifa tower project launched to tackle studio shortage

Developer SRG and property investment firm Select says Marquise project will be completed in Q4 2018


Samsung Gulf begins Note7 exchanges after device 'explosions'

Retailer says customers in the UAE can swap their Galaxy Note7 device until Dec 31 after battery fault


Miral aims to make Yas Island one of world's top 10 destinations

Developer says Abu Dhabi's island will attract 48 million visits annually, host 100,000 corporate travellers by 2022


Etihad Airways flight in emergency landing following engine failure

Flight to Sydney forced into high-speed landing at Abu Dhabi airport


Emirati graduates say they expect $7,350 monthly salary in first job

Expat university graduates in the UAE have far lower expectations when looking for their first job


Drone prompts shutdown at Dubai International Airport

Dubai International Airport closes airspace for one hour because of unauthorised activity


Qatar reveals plan to host World Cup 2022 fans in desert tents

Organisers announces pilot project to accommodate 2,000 fans; eyeing five sites for similar tented villages


Dubai's ride-hailing firm Careem targets first profit by 2018

Co-founder Mudassir Sheikha says company is aiming to expand in new markets including Oman and a number of North African countries


Saudis cut wage, benefit bill in delicate pursuit of austerity

Some Saudis appear prepared to accept austerity following the signal that ministers would share the pain

How technology is revving up the future of driving

Technology firms have been investing in autonomous driving for nearly a century, but is now the time for driverless cars to hit the road?

Sipping success: Nobel Peace Prize honouree Merrill Fernando

Nobel Peace Prize honouree Merrill Fernando, 86, has fought colonialists, retailers and even consumers to bring Dilmah tea to the world. While he remains frustrated with multinationals 'destroying' quality and integrity in FMCG, he says a shift in the industry is brewing

Petrolling the world: Sharjah's Gulf Petrochem

Sharjah-based Gulf Petrochem has ballooned into a $2.5bn oil conglomerate in less than 20 years. Co-founder Sudhir Goyel reveals why the UAE is no longer the centre-of-attention, as global plans take hold

OPEC in new push to clinch first deal to curb output since 2008

Behind the scenes, OPEC experts are trying to work out last-minute details for an output-limiting deal

A printed future: the 3D revolution

Imagine printing a new house, jewellery, even a healthy heart, from your home office. The ‘disruptive’ influence of 3D printing is being followed closely around the world, while the UAE is working to create its part in the revolutionary technology.

The storyteller: Blue Apple's Vishal Anand

Vishal Anand, CEO of communications agency Blue Apple, believes that dedication – as well as the ability to put it all on the line – is what makes leaders stand out

Arabs flee Gulf heat for Alpine idyll, despite talk of veil ban

Zell am See's high mountains, dense forests and crystal-clear lakes are a major draw for travellers from Saudi Arabia, the UAE and Oman

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