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Monday, 6 July 2015 This newsletter reaches 155,909 readers, to advertise click here

UAE signs up to international coalition in fight against terror

Extremism and terrorism threatens stability in the region, says cabinet

Damac in London tie-up with fashion label Versace

The tie-up is the latest collaboration between the Dubai developer and the Italian fashion house's interiors arm

Greece No vote fallout: Initial impact on oil, gold, stock markets and currencies

As the Greek people deal a blow to Europe and reject the terms of the latest financial aid package, experts and analysts look at the consequences for the global business community

18-year legal battle over Dubai properties finally comes to an end

Judge rules 80% of the hotel and the shopping centre is owned by Kuwait's Bu Rousli family

Saudi King opens $1.2bn Madinah airport

Prince Mohammed bin Abdulaziz International Airport spreads across 4m sqm, will handle 40m passengers when complete

Emaar Misr listing makes weak debut on Egyptian stock market

Listings by the Egyptian unit of Dubai's Emaar Properties was the largest in Egypt since 2007

Reem Mall $1bn plans approved by Abu Dhabi planners

Concept designs were given the green light by Abu Dhabi Urban Planning Council, allowing construction to start this year

Hundreds ‘given urgent first aid’ at Saudi’s Grand Mosque this Ramadan

Pilgrims have reportedly suffered from fainting and exhaustion upon arrival in Jeddah

Bahrain passes 2015-16 budget deficit after 6 month delay

Parliament demanded control over changes to the subsidies system

Kuwaiti becomes Wimbledon's first Arab female umpire

Aseel Shaheen told reporters she was worried that wearing a hijab would exclude her from working at the British-hosted tennis tournament

10 famous faces who are actually Muslims

From Mike Tyson to Janet Jackson, some well-known headline names who practice Islam

Philippines confirms second MERS case in passenger from Dubai

Victim showed symptoms after arriving in Manila last month from the UAE after travelling from Saudi Arabia

Coming to Dubai...? 'Jaws On The Water' movie screenings

A Palm hotel is keen to replicate the US trend for showing the infamous shark film in water


Why I'm giving all my wealth away

HRH Prince Alwaleed pledges to donate his entire wealth to the Alwaleed Philanthropies

Big things have small beginnings

Abu Dhabi’s Takamul initiative has the potential to change the entrepreneurial landscape in the UAE, says Ed Attwood

Helal Almarri: the man who can

The director general of the Department of Tourism and Commerce Marketing (DTCM) is laying out plans for Dubai’s ambitious goal of attracting 20 million visitors a year by 2020.

Ramadan: Think twice before you invest

Should brands devote more advertising spend during Ramadan, asks Elie Khouri

The DIFC finally becomes king of the castle

Dubai’s financial hub plans to grow its assets under management from $17.4bn to $250bn in the next ten years, says Anil Bhoyrul

OPEC adjusts to new oil market reality

Its decision on Friday not to cut production was entirely predictable, says John Kemp

Life after Blatter

Anil Bhoyrul says FIFA must elect a president who is untainted by scandal and completely unconnected to Sepp Blatter

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


Dates farms in Bahrain

Bahraini farmers harvest dates in the village of Bori, south of the capital Manama. Water and dates are enough for Muslims to break their fast at Iftar time during the Holy Fasting Month of Ramadan

Hong Kong Dragon Boat Carnival 2015

The three-day festivities, the Hong Kong Dragon Boat Carnival, saw more than 4,000 paddlers from 14 countries or regions compete in 23 different races.

Greeks celebrate OXI vote

Over 61 percent of Greek voters on July 5 rejected fresh austerity demands by the country's EU-IMF creditors in a historic referendum, official results from 50 percent of polling stations showed.


Clinton accuses China of stealing 'commercial secrets'

Democratic presidential candidate says she wants to see China's peaceful rise but warns of its growing military might.

Greeks celebrate, Germans ponder referendum

The "No" vote wins in Greek referendum, triggering celebrations in Athens, and contemplation in Germany.

Australia tries to save rare species

The world has lost half of its wild animals in the past 40 years. At this rate, half of the remaining species, most of which are in Australia, will go extinct within 400 years.

Latest Reader Comments

Jennifer Aniston among LA residents hitting out at mega-mansions being built by rich Arabs
Fat Buck : Whilst the proposed mansions are indeed examples of obscene wealth spent obscenely; for Americans to accuse anyone of making anything tasteless and overly big and annoying to others is splendidly ironic....
UAE - Monday, 6 July 2015 7:03 PM

Scottish gov’t supports bid to return QE2 to UK
The Wanderer : This is a very brave suggestion by our Councillors. Let's get behind them, back them and look forward to the former Queen of the Sea returning once more to a base in Greenock....
Scotland - Monday, 6 July 2015 7:03 PM

Greece No vote: Impact on stocks and currencies
Peter Knight Advisor : At least the Greeks had a vote..

Look at Bernanke's calls on the economy prior to the "great recession" in this YouTube

He was wrong on every front yet Washington without a vote allowed him to direct unaudited trill...
BVI - Monday, 6 July 2015 4:39 PM

Billion dollar turnaround: Sony Mobile CEO
Singh Noni : The pricing has completely gone haywire now. The z3+ is being sold in India at a price more than that of iphone6 and 20% more than that of Samsung Galaxy S6. How come they expect it to sell at that price. The Z3 compact still costs more than Galaxy S5 at 35000 INR. I think they should first get the ...
India - Monday, 6 July 2015 3:43 PM

Drastic property market correction in Dubai 'unlikely' - poll
Hush : Having to cite the opinion of MBA students at LBS indicates the desperation of the property sector to tow the line and make predictions on a subject they aren't qualified to comment on. No one saw the 2008 crash before it happened, and most couldn't identify it while it was happening. I'm not sugges...
UAE - Monday, 6 July 2015 2:58 PM




Blatter claims French and German presidents pushed for Qatar World Cup

FIFA boss says Nicolas Sarkozy and his German counterpart Christian Wulff both applied political pressure to back Gulf state's 2022 bid


Jennifer Aniston among LA residents hitting out at mega-mansions being built by rich Arabs

Actress is one of many Bel Air and Beverly Hills homeowners who have spoken out against the gigantic mansions


Inside the abandoned 'ghost town' of Ras Al Khaimah

Once a prosperous pearl diving town, Jazirat al Hamra is now an deserted settlement consisting of tumbled walls, shuttered ruins and narrow winding streets


UAE's Dana Gas says wins favourable ruling in $1.9bn Kurdistan dispute

Abu Dhabi-listed firm filed an arbitration case in London in Oct 2013 to obtain payments for products it had delivered


Prince Alwaleed to gift 10,000 homes, cars to Saudis in need

Alwaleed Philanthropies will distribute 1,000 per year; move comes just days after prince announced plans to give $32bn fortune to charity


Teenage Saudi boy rapped for taking selfie with dead grandpa

Saudi health authorities are investigating at which hospital the incident occurred


Paris Hilton said to be 'in on Dubai plane prank'

TMZ claims to have seen a document proving she was offered large sums of money to take part in the TV hoax


Revealed: Abu Dhabi’s biggest listed companies

The emirate's biggest listed firms on the Abu Dhabi Securities Exchange (ADX) have a collective market value of $126.4bn, with telco Etisalat topping the rankings


'Dubai Dog City': the indoor resort dedicated to pampered pets

The newly opened $2.7m facility has luxury hotel rooms, a swimming pool, exercise parks, a supermarket and a ‘presidential suite’ – all for dogs


Scottish gov’t supports bid to return QE2 to UK

Famous ocean liner was bought by a subsidiary of Dubai World for $100m before the recession hit


Revealed: the best Dubai Twitter accounts to follow

Live in Dubai and hoping to get in on the Twitter buzz? Here's some inspiration for who to follow

Interview: Majid Al Futtaim chief Alain Bejjani

Six months into his tenure as head of Majid Al Futtaim, the Gulf’s biggest shopping mall developer, Alain Bejjani is on track to double the size of the company in just five years

Desert odds for the ice princess Zahra Lari

Zahra Lari, the first Emirati professional figure skater, reveals why she is aiming to compete  at the Winter Olympics in 2018.

Expanding the empire: Mövenpick's Jean Gabriel Peres

With more than 10 hotels planned across the GCC in the next five years, Mövenpick Hotels and Resorts is looking to strengthen its grip and increase market share. The company’s president and CEO, Jean Gabriel Peres, discusses the brand’s bold plans, and the challenges of balancing traditional standards with the hospitality industry’s continual innovations.

Billion dollar turnaround: Sony Mobile's Hiroki Totoki

Less than a year into his role as CEO of Sony Mobile, Hiroki Totoki explains how he is bringing the company back from the brink, why smart technology is becoming increasingly exciting, and how he is meeting the challenge of budget smartphone manufacturers

How Saudi Arabia is building the city of the future

A decade after the world’s most expensive real estate project was announced, King Abdullah Economic City has completed many of its key components. Chief executive Fahd Al Rasheed explains why tourism, education and entrepreneurship are now his biggest focus

Kuwait mosque attack shows Gulf vulnerability to ISIL

ISIL is adept at exploiting vulnerabilities with its violently puritanical message and call to an Islamist utopia

Inside Abu Dhabi's thought laboratory

A government-backed scheme in Abu Dhabi aims to kick-start the emirate’s knowledge economy by filing international patents to protect reams of scientific inventions — from the seemingly trivial to the technologically critical

Fame, fortune and fashion: Rami Al Ali

Syrian-born designer Rami Al Ali started as an intern in Dubai. Today his brand Rami Al Ali Couture has hit the global stage, with supermodels and celebrities queuing up for his collections. But the fashion mogul is still not ready to embrace Dubai’s own Fashion Forward

Saudi Arabia: Open for business

The opening of Saudi Arabia’s stock market was greeted by heavy news coverage from around the world. Experts say it may take years for the impact of the move to be fully felt

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