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Friday, 9 December 2016 This newsletter reaches 126,954: readers, to advertise click here

Emirates chief sees premium economy launch 'within 18 months'

Airline president Tim Clark says new product will involve 'quite a big upheaval' to adapt fleet of aircraft

Qatar's SWF part of group to buy $7bn stake in UK's National Grid

Qatar Investment Authority is one of the investors which has agreed to buy 61% interest in UK gas distribution business

Dubai set to launch first YouTube Space in Q2 2017

Dubai Studio City facility will give YouTube creators the tools and guidance to innovate and experiment with content

Rights group says Doha News blockage 'sad and disappointing'

Human Rights Watch says move undermines Qatar’s attempts to present itself as a centre for media freedom

Dubai Water Canal to 'transform boating industry in the UAE'

Gulf Craft CEO says 3.2km long waterway is major boon to leisure boating; calls for park and ride scheme to improve access

UAE workers can expect salary hikes despite falling oil prices, says report

Companies will offer promotional pay increases of 6% to 10%, says Korn Ferry Hay Group

Outlook remains negative for GCC banks, says Fitch

Ratings agency says continuing low oil prices to pressure bank liquidity and asset quality

British PM May slaps down foreign minister over Saudi comments

Boris Johnson said last week that the absence of real leadership in the Middle East had allowed people to twist religion and stoke proxy wars

Italian bank to help fund Rosneft deal for Glencore and Qatar

Intesa Sanpaolo is expected to provide a large chunk of funds to a consortium of Qatar and Glencore to buy stake in Russian oil major

Boeing says Middle East airlines to hire 200,000 personnel in next 20 years

58,000 pilots, 92,000 cabin crew, 66,000 technicians need to be hired in the region from 2016 to 2035, says report

MidEast carriers post rebound in air cargo demand in October

Air freight demand increases by 9.2%, an improvement over the last few months’ performance

Dubai Soil Museum officially opens as first of its kind in Middle East

Abu Dhabi Fund for Development and the International Centre for Biosaline Agriculture are behind initiative

More mergers urged for Islamic banks, says Central Bank of Bahrain

Governor Rasheed Al Maraj says the small size of Islamic banks does not work in their favour

Saudi power developer postpones plan for bond issue

ACWA Power now looking to issue bond next year due to 'requests from investors for more time to evaluate the proposed offering'


Why the Gulf cannot ignore artificial intelligence

A robot-powered future may arrive earlier than anticipated in many industries, says Sarah Townsend

Saudi Arabia carries on drilling despite oil slump

Gulf kingdom is one of very few countries to increase drilling in era of low prices, says Reuters analyst John Kemp

Where will Alabbar's quantum leap really take us?

A future valuation of Noon in line with Alibaba and Facebook should not be discounted, says Courtney Trenwith

Powering growth: UAE needs to look beyond the traditional avenues for innovation

Abdulla Kalban, managing director and CEO, Emirates Global Aluminium, on how innovation can make our lives easier

How to solve the Dubai-Sharjah congestion dilemma

The country’s impending public-private partnership legislation creates a ripe environment for third parties to fix the traffic headache.

How Trump can win back friends in the GCC

If the president-elect wants to achieve anything in the Middle East, he has to work with, not against, the region’s leaders.

What could be the economic impact from a Trump presidency?

Initial impact will be felt largely through the financial markets, with uncertainty about Trump’s unpredictability the main concern

Why Heathrow will still be playing catch up for decades to come

Apart from the massive cost of a third runway, the rise of aviation hubs in the Gulf may pose another challenge for the UK’s premier airport, says Ed Attwood


Video: Qatari desert farmers make their own soil

Qatari farmers are refusing to let the country's desert soil stop them producing food, with one company opting to make their own fertile soil to grow mushrooms.

Video: Freestyle cycling takes off in Kabul

Danger in Kabul's first freestyle cycling club is not just from wheelies and tricks.

Video: Pakistani women steer through social taboos

Pakistani cab driver Aasia Abdul Aziz is one of a small number of women who have begun to work as cab drivers - a traditionally male-dominated profession in the country.

Video: JetPack Aviation shows off its portable, turbine-powered backpack

Billed as "the world's first true jetpack," JetPack Aviation shows off its JB-10 jet turbine-powered backpack, capable of vertical takeoff and landing.

Latest Reader Comments

Developer Schon unveils $870m Dubai hospitality project
Saira Alnoor : Sounds like this is a good opportunity to invest in hotel business in Dubai. I like it!...
UAE - Thursday, 8 December 2016 1:17 PM

How to solve the Dubai-Sharjah congestion dilemma
Paras : Everywhere vertical developments are creating congestion due to high density of population in each such area and due to limited entry exit points it creates traffic bottle necks within those areas as well as while moving in and out of such areas which will increase in time to come. If a connected pu...
India - Thursday, 8 December 2016 1:16 PM

Saudi builder says nearly $100m worth of projects delayed
Hal Luke Savas : Saudi Arabian construction industry has to change and adapt to new conditions.. no longer the flow of guaranteed contracts from Government shall be the source of wealth, but innovative construction for solution partnering and payment by performance must be the new solution..

But, it is not ...
United Kingdom - Thursday, 8 December 2016 1:16 PM

$1.3bn deal signed to build Dubai's Heart of Europe islands project
NBI : Great News!! Clearly proves that high luxury real estate in Dubai is booming and prices will continue to go up. ...
UAE - Thursday, 8 December 2016 9:17 AM

Exclusive: Alabbar poised to create the Alibaba of the Middle East
A.K. Jain : Top class - Balanced views, i must convey, whatever you are involved in life, must be doing that in a better way than peers.

United Arab Emirates - Thursday, 8 December 2016 9:14 AM


Emirates, Rolls-Royce said to resolve A380 engine issue


Russia sells $11bn stake in Rosneft to Glencore, Qatari fund


Oman central bank says it aims to avoid bank rate rises as liquidity pressures


Alabbar says Dubai developer Emaar to 'tighten its belt' next year


Britain plans to deepen security cooperation with Gulf, says PM


Shareholders of Abu Dhabi's NBAD, FGB approve mega merger


$1.3bn deal signed to build Dubai's Heart of Europe islands project


Dubai ruler orders expansion of International Humanitarian City


Kuwait's anti-austerity lawmakers threaten reform plans

New lawmakers say they are determined to protect basic services and jobs in the country's public sector

Inside Google's brave new world

The $500bn technology giant is extending its reach into hardware and artificial intelligence, ultimately aiming to create a sophisticated robot that can communicate with smart-device users to get things done. In London, Google’s senior executives talk Arabian Business through its bold vision

Power to the people in Saudi Arabia

As Saudi Arabia fights to control surging electricity demand, the government is increasingly turning to the private sector. With an 80-year history in the kingdom, General Electric’s recent $1bn of investment is starting to pay off

Accounting meets religion in challenge for Islamic banks

Reconciling accounting standards and religious principles is challenging Islamic banks and regulators as they adapt to new international book-keeping rules

High Noon: Alabbar's plan to conquer e-commerce

Backed by a Saudi sovereign wealth fund, Mohamed Alabbar is set to transform the region’s e-commerce market with the launch of He tells Arabian Business how he plans to conquer and dominate an industry that will be worth $70bn within the next decade.

On stage: Nick Allott on putting Dubai on global cultural map

The managing director of the world’s most successful theatrical production company, Cameron Mackintosh Ltd, Nick Allott reveals his plans to help make Dubai a global cultural hit

Under attack: how to beat the hackers

The smarter technology gets the more opportunities there are for cyberattacks. As threat levels are elevated to unprecedented heights, companies, governments and security experts are frantically re-assessing how they manage the risks

After all the hype, what's the future for Hyperloop One

Los Angeles-based Hyperloop One may have struck a deal this month with Dubai’s Roads and Transport Authority to explore the case for an ultra-fast levitating transport system in the UAE, but there will be plenty of speed bumps along the journey.

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PHOTOS: In pictures: Omega Dubai Ladies Masters - Day One
Play at the Omega Dubai Ladies Masters at Emirates Golf Club was suspended on Wednesday morning following the death of a caddie.
PHOTOS: In pictures: Dubai Dash 2016 at the Els Club
At 1.5km per leg, and 15km in total, the race is accessible to all levels of fitness and is designed to get people out of the workplace and active.
PHOTOS: In pictures: British Prime Minister Theresa May attends the 37th annual GCC summit
Prime Minister May is meeting Gulf leaders during the annual two-day Gulf Cooperation Council where she has discussed regional issues including the situations in Yemen and Syria and the perceived regional threat posed by Iran.
PHOTOS: In pictures: 10 most 'Instagrammed' hotels in the world 2016
Which Dubai hotel do you think is on the list?
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