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, 26 May 2015 This newsletter reaches 155,909 readers, to advertise click here
NEWS »

UAE leaders launch agency to drive space exploration

UAE Space Agency plans to send a probe to Mars by 2021, will establish the MidEast’s first Space Research Centre, with gov't funding of $27m over the next 5 years

UEFA's Platini backs Prince Ali for FIFA presidency

Michel Platini has backed the Jordanian prince to be the new FIFA boss, accusing Sepp Blatter of lying to him by promising he would not run for a fifth term

Kuwait's inflation soars to 3 year high

Soaring housing costs, as well as rising food prices, have seen Kuwait’s inflation climb to 3.4%, the highest since April 2012

Review: Inside the world's largest Nobu in Doha

Sushi, gyoza and even rice will never be the same again after eating at the Four Seasons Doha’s new Nobu restaurant, set offshore with brilliant views of the city and three bars

ADIB retained 98% of Barclays' UAE clients after $176m deal, says CEO

Abu Dhabi Islamic Bank says had budgeted to lose about 20% of UK lender's 110,000 customers after buyout of UAE operations, but ultimately only lost 2%

Bangladesh Coca-Cola exec arrested for allegedly recruiting for ISIL

Aminul Islam, an IT manager at International Beverages Private Ltd, a Coca-Cola unit, is accused of helping persuade at least 25 students to go an fight for the militant group

Yotel to open a hotel on the Palm Jumeirah

British hotelier is planning more properties in the UAE and in Saudi Arabia

Saudis call for closure of at-home plastic surgery

An Arab expat woman claims her clinic is safe, hygienic, amid soaring demand for plastic surgery

Samena Capital acquires nearly a third of Kleinwort Benson Bank’s UK unit

Dubai-based firm plans new merchant banking operation under the deal

Washington Post reporter goes on trial for spying in Tehran

Obama called the charges against Rezaian "vague" and pressed Iran to release all American detainees

Saudi's Almarai approves $5.6bn investment plan for 2016-20

Gulf's largest dairy firm is expected to benefit from the opening of the kingdom's equity market in June

A-list celebrity beauty treatment now available in Abu Dhabi

HydraFacial is a non-surgical procedure used by celebrities like Beyoncé, Cameron Diaz, and Matthew McConaughey

OPINIONS »

Why we should support more locally-grown brands

It's time to show the UAE doesn’t just attract the world’s best brands, it also produces them, says Ed Attwood

Revealed: the secrets of successful team building

Ahmed Sharawy outlines the critical factors that management consider in structuring teams

Is the 'second' Dubai property crash already over?

Many people were so convinced another crash was coming, we nearly started one. Thankfully we were wrong, says Anil Bhoyrul

For the Trump family, sorry seems to be the hardest word

There are more questions than answers as to what really happened to the Trump Tower project in Dubai

Is the Gujarat villain of 2002 now a global hero?

Narendra Modi has captured a major chunk of the Indian political landscape using innovative sales pitches and savvy branding skills.

Thomas Lundgren doesn’t like IKEA. Can you blame him?

The founder of THE One furniture retailer’s grand plan to take down IKEA hasn’t quite come to fruition, but no-one can argue about the impressive impact he has made on the retail industry.

Innovative challengers at the gates

We believe innovation is not only a critical part of our business, but the key to future growth and success.

Don't mention the d-word

Hotels must overcome the fear factor to serve disabled people better, says Crystal Chesters

PHOTOS »

InPics: WEF MENA 2015 in Amman

With the theme 'Creating a Regional Framework for Prosperity and Peace through Public-Private Cooperation', the World Economic Forum on the Middle East and North Africa took place at the Dead Sea resort of Shuneh, west of Amman, on 21-23 May.

New plans of UAE space agency revealed in Abu Dhabi

The plans for the first Space Research Centre in the Middle East were announced at the presentation of the UAE Space Agency's strategic frameworks on May 25, 2015, at the National Exhibition Centre in Abu Dhabi.

UAE: 23rd Al-Gaffal dhow sailing race

Emirati sailors onboard Al-Zeer dhow boat won the 23rd annual dhow sailing race, known as The Gaffal, which has a total of 10 million dirhams ($272,000) in prizes, reached the finishing point at the coast of Dubai coming from the island of Sir Bu Nair off the coast of the Gulf emirate of Sharjah on May 25, 2015.

In pics: 41st Venice Vogalonga

The first Vogalonga began with the message to protest against the growing use of powerboats in Venice and the swell damage they do to the historic city. Years ago a group of Venetians, both amateur and professional rowers, came up with an idea of a non-competitive race in which any kind of rowing boat take part.

Freedom for 'Nut rage' Korean Air heiress

Former Korean Air (KAL) executive Cho Hyun-Ah was freed by a Seoul appeals court in Seoul on May 22, 2015, after she had been jailed for a year in February for disrupting a flight in a rage over macadamia nuts. The High Court in Seoul ruled that the behaviour of Cho Hyun-Ah, the eldest daughter of the airline's chairman, had not resulted in a change of flight path -- the most serious charge against her -- and handed down a reduced suspended sentence.

VIDEOS »

New Zealand's search and rescue drones

A small company in New Zealand is joining forces with the Coastguard to help save lives. Their idea is to use drone aircraft to find people lost in remote areas.

Pac-man at 35: the video game that changed the world

In 1980 the video games world was dominated by games like Space Invaders and Asteroids. That was until Japanese game developer Toru Iwatani set out to design a game to appeal to women.

Investigators probe threats against airlines

The bomb threat came via a phone call to Maryland State Police Monday morning -- Prompting U.S. authorities to launch fighter jets to monitor this Air France flight en route from Paris to JFK Airport.

Latest Reader Comments

Emaar set to launch new Downtown Dubai residential project
Jai Rathore : I've read that there are now 15 under-construction buildings in Downtown Dubai (source: https://lookup.ae/Sub-Projects/49/Downtown-Burj-Dubai)...that's a lot of supply. How many more of these are they going to launch?
...
UAE - Monday, 25 May 2015 6:36 PM

Revealed: Dubai Police helped workers recover $67m in unpaid wages
Veronica Chapman : Well Done Dubai Police, for helping those in need.

...
UAE and UK - Monday, 25 May 2015 6:36 PM

New Dubai Wharf homes set for sales launch
Red Snappa : Now that is the most creative property idea presented in the last three years, most big cities have wharf-side residences if they're located on the coast or a port city lying on a major river. Forget anything built so far and swap the mundane out for what is a really good concept.

And this ...
Ireland - Monday, 25 May 2015 6:35 PM

Debate: Could a hacker really gain control of a passenger jet?
SA1 : If "it" can be coded

then "it" can be hacked....
UAE - Monday, 25 May 2015 3:32 PM

UAE central bank unveils caps on personal loans, banking fees
raul : which bank is that ?? im also planning to change job . . can u advise me ?...
UAE - Monday, 3 September 2012 4:53 PM

All READER COMMENTS
     

EDITOR'S CHOICE »

1.

Jordan's king reveals $20bn investment opportunities at summit

King Abdullah II says projects will be delivered via public private partnerships; part of new 10-year economic plan

2.

Steve Wozniak: 'US would look like Dubai if it didn't spend all it's money on the military'

One-on-one with the Apple co-founder, in which he talks Snowden, Dubai, artificial intelligence and aircraft hacking

3.

Qatar said to announce $77m UK horseracing deal

Ten-year deal to sponsor a series of races in the UK in addition to Goodwood Festival agreement - report

4.

New Saudi airline says to start flying in November

Dammam-based Saudi Gulf Airlines announces launch date after receiving regulatory approvals

5.

Revealed: Emirates had over 400,000 job applications in past year

Online interest for operational jobs, not including cabin crew, came from 227 different countries

6.

Dubai to get Lego-themed hotel as theme park expands

Dubai Parks and Resorts says first hotel of its kind in Middle East is scheduled to be built in 2018

7.

Emaar set to launch new Downtown Dubai residential project

Forte luxury apartments will be located at The Opera District; sales will be launched on Saturday

8.

One-to-one: Dubai’s deputy leader gives a rare interview

Sheikh Hamdan bin Rashid Al Maktoum: UAE Finance Minister and one of the world's top thoroughbred owners and breeders

9.

Saudi king vows to punish those behind suicide attack

King Salman says he is heartbroken over a suicide bombing that killed 21 people in eastern Saudi Arabia

10.

Emaar's Alabbar says 'right time' to invest in Jordan

Construction giant's boss says country is performing well despite 'chaos' in neighbouring territories

11.

Top GCC construction bosses said to be earning salaries of up to $1.2m

New research says top-tier wages have risen over past year in region, particularly in booming construction sector

12.

The Big Debate: Could a hacker really gain control of a commercial passenger jet?

Regional and international experts, including Emirates, flydubai, Boeing, a US gov't watchdog and IAG debate a recent claim by a US hacker that he managed to use his laptop to take control of a commercial aircraft by accessing its inflight entertainment system

FEATURES & ANALYSIS »

Revealed: what makes Ivanka Trump tick

Businesswoman, author, mother, model — and daughter of one of America’s most famous property developers — Ivanka Trump explains how she juggles her many roles

Saudi Arabia rewrites its oil game with refining might

Gulf kingdom now has stakes in more than 5 million barrels per day of refining capacity

What happens when Dubai's lights go out?

With about one-fifth of Dubai properties voluntarily left vacant amid rising rents, is it time the government followed the example of Saudi Arabia and taxed landowners who sit on undeveloped urban plots?

The fracking of US-Saudi relations

The often-misunderstood industry of fracking may ironically become Saudi Arabia’s last resort as it seeks to desperately draw out every last drop of oil in its reserves, the founder of Texan oil giant Breitling Energy Corporation, Chris Faulkner, claims

Growing on instinct: Mohammed Al Barwani

From underwater mining to luxury yachts, Mohammed Al Barwani has interests in a staggering range of industries. The chairman of MB Holding explains how he built the firm from scratch to become a billion-dollar player

Sofa so good: UAE's Marina Home Interiors

Marina Home Interiors has become one of the most high-profile furniture stores in the UAE over 18 years, thanks to an ever-growing and transient population, and now its three founding brothers are making their own move into markets across the world

Public pressure grows on Gulf sovereign funds with cheap oil

SWF managers face growing pressure from politicians and the public to prove they're investing national reserves wisely

Gulf banks increase lending footprints in Asia, Africa

There's an emerging trend in international capital markets: the rise of the Gulf as a syndicated loan market for Africa and Asia

Building into the unknown: What is the business model behind Jeddah's plans for the world's tallest tower?

New York’s Empire State Building, London’s Shard and Dubai’s Burj Khalifa all had specific reasons to build their record-breaking towers, but faced difficult times making them a financial success. As Jeddah’s Kingdom Tower rises out of the ground, Mounib Hammoud, CEO of developer Jeddah Economic Company (JEC), is sticking fast to the age-old ‘build it and they will come’ philosophy

Home from home: Luring the Chinese to the UAE

As Chinese tourists travel out of their home country in ever-increasing numbers, the UAE’s hotels are positioning themselves to welcome a new wave of big-spending visitors

Follow Us
facebook facebook facebook facebook
Markets
ADX 4,621 -0.11%
ASE 2,168 -0.05%
BSE 1,364 -0.02%
DFM 4,050 -0.43%
KSE 6,301 -0.05%
MSM 6,390 0.2%
QE 12,437 0.31%
SSE 9,778 0.52%
Share prices are updated with a 15-minute delay. Data is not intended for trading purposes
abcafe

When being tech savvy isn't cool

Why Kevin Pietersen has been poorly advised

The winner takes it all?

Don't mention the d-word

Why Dubai is about more than just the bling

Wi-Fi, why so high?

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