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Friday, 28 August 2015 This newsletter reaches 126,954: readers, to advertise click here

UAE says set to cut retail petrol, diesel prices in September

Ministry of Energy announces drop in prices for all fuel categories as new policy linked to global levels continues

Dubai's Al Habtoor said to be in talks for $408m loan

Conglomerate will reportedly use the funds to make real estate acquisitions outside Dubai

Whale shark spotted swimming in Dubai Marina

Unexpected visitor causes stir in Dubai Marina as passers-by post photos and videos on social media

Saudi Arabia launches TV programme to counter ISIL recruitment

Security of the Kingdom aims to cultivate patriotism among youth as a counter to them being ‘brainwashed’ on social media

DP World eyes major expansion in Iran, Africa, Latin America

Ports company is in talks with Senegal over the location of a new free zone in the African state

Emirates says no impact on passenger levels from China crisis

Dubai airline insists its daily services to Beijing, Shanghai and Guangzhou have been unaffected

Kuwait Airways plane forced to return to airport after bird strike

Flight KU301 from Kuwait to Mumbai returns safely to Kuwait Airport; passengers switched to another plane

UAE's $47m plan to develop its UN base in New York

UAE has reportedly bought two properties next to its Permanent Mission of the UAE to the United Nations base

Saudi's King Salman set to visit US for the first time

Unconfirmed trip is expected to smooth over differences with President Obama following Iran nuclear deal

Dubai pay-TV firm OSN said to sign $400m loan

Banking sources say funds will be used for general business purposes and to refinance existing debt

Qatar contractor said to fire 108 North Korean labourers

Construction Development Company reportedly sacks workers for repeatedly flouting company rules

25 arrested for illegal Haj operations in Saudi Arabia

Authorities shut down 30 Haj and Umrah offices operating with false or expired licences

Saudi Arabia said to be holding suspect in 1996 Khobar bombing

Ahmed al-Mughassil reportedly captured for role in attack that killed 19 US service personnel and wounded almost 500 people

Etihad denies claim it received $2.6bn gov't subsidies in 2014

Abu Dhabi airline says it received equity capital and loans from its shareholder

Saudi buyer behind deal for Joan Rivers' $28m penthouse

Former governor of Eastern Province reportedly buys New York property of US comedienne who died last year

Kuwait consumer boycott forces down price of 'king of fish'

Boycott is a sign of the difficulties which Gulf gov'ts may face as they try to save money by cutting food subsidies

Filipino airlines urge gov't to resist call for more UAE flights

Philippine Airlines and Cebu Pacific issue statement ahead of UAE-Philippines aviation talks later this week

Five Minutes with… Bahrain's first female bodybuilder

Haifa Almusawi on her end goal, why body building is a lifestyle, and how it taught her to be a successful individual

Omniyat to build $273m hotel project in Dubai

Located in Burj Khalifa district, Langham Place Downtown Dubai will span a built up area of 63.1 sqm

Helicopter airlift brings Dubai traffic to a halt

Traffic on Sheikh Zayed Road, Dubai’s main motorway, was brought to a standstill

Dubai cracks down on street racers, loud vehicles

Drivers who amass fines of over AED6,000 at risk of having vehicle impounded

Dubai's Madinat Jumeirah to create UAE's largest hotel event area

Fort Island will host banquets, parties, exhibitions, product launches, music concerts, weddings, sports events and festivals for up to 1,400 people

Revealed: Inside Dubai’s first floating hotel

This Dubai hotel located on the Deira Palm is little-known but seems ideal for a family stay that doesn’t cost you the earth


Oil market loses faith in Saudi strategy

Reuters analyst John Kemp says Saudi Arabia's strategy for rebalancing the oil market shows few signs of working

'You must spend money to make money'

Ahmed Sharawy explains why Plautus' wisdom of more than 2,200 years ago still rings true today

Where should you stick your cash right now? Probably under the bed

Whether it’s currencies, commodities or property, there are currently few opportunities for increasing your hard-earned wealth.

Why Modi's visit will be big boost to UAE-India relations

RP Group chief Dr Ravi Pillai says visit will further galvanise investments to flow from the UAE and other Gulf countries to India

'Obama is to blame for the rise of ISIL, the mess in Syria,' says Khalaf Al Habtoor

The prominent UAE business leader on why President Barack Obama's term in office has been a disaster for the Middle East, why a President Donald Trump would be a welcome breath of fresh air.

Want to make money? Listen to Pharrell

Elie Khouri says business leaders should listen to the superstar singer

The UAE: On the road to economic development

Following deregulation of petrol prices, the rising cost of living is where the greatest challenge lies for the government says Mohammad Sultan Janahi

Short-term pain, long-term gain

Ed Attwood says kicking the UAE’s addiction to cheap fuel will pay off


Chinese investors nervous as stocks plummet

Chinese stocks continue to fall as investors fear interest rate cuts will not be able to stabilise its slowing economy.

Cancer sniffing dogs to aid British doctors

Dogs that can sniff out prostate cancer from urine samples have been approved for trial by Britain's National Health Service.

Afghan graffiti artist strives to beautify Kabul

Afghan artist Kabir Mokamel and a group of his supporters have started a project aimed at making Kabul the graffiti capital of the world.

Russia to increase wheat supplies to Egypt, says Putin

Russian President Vladimir Putin says his country is to increase wheat supplies to Egypt. The announcement was made during a visit to Moscow by Egyptian President Abdel Fattah.

Latest Reader Comments

Qatar picked to host first Pakistan Super League
khalid : already pakistan cricket board is not earning money at all and one million us dollar don't you think is too much seeing the state of pakistan economy intact this money they should donate to poor and develop states like balouchisthan and pakistan occupied kashmir ...
uae - Saturday, 29 August 2015 12:30 PM

Where should you stick your cash right now? Probably under the bed
Paul King : Doug is correct......the only country on earth where people talk about an Expo still 5 years Dubai. After moving back to the UK having spent 10 years in Dubai the Expo is clearly an overrated reason why Dubai's economy should expand.
Expo 2020 will be to blame for the mis-allocatio...
UK - Saturday, 29 August 2015 12:31 PM

Qatar Airways relaxes cabin crew marriage, pregnancy policies
Cesare Recalcati : Well done Qatar Airways. This was necessary to be respected from the aviation community that many times criticized the airline for their policy regarding cabin crews,
Italy - Thursday, 27 August 2015 7:34 PM

Queen Rania: Muslims must do more to stop ISIL
Srikanth : Queen has revealed the truth, education from the womb, starting with mother's love, affection and also love from all the people around the human child, positive thinking that we are all one and we can live together anywhere in this huge world. Allah will love all of us when we join our hands in eac...
India - Thursday, 27 August 2015 7:34 PM

Emirates to launch second daily A380 flight to Frankfurt
Mary : I love this news, however, what many passengers want is for Emirates to carry on to the US with a stopover in Frankfort. With increased A380 flights to the UK, it would be nice to do a stopover in the UK then be able to fly Emirates A380 to the US and Canada. Then Emirates conquers the air traffic a...
UAE - Tuesday, 25 August 2015 3:56 PM


Exclusive: Former Leeds Utd boss sentenced to 2 years in jail by Dubai court


Muslims need to do more to stop ISIL, says Queen Rania


British honeymooner drowns in Dubai hotel tragedy


Saudi Arabia set to cut billions from its budget


Qatar Airways relaxes cabin crew marriage, pregnancy policies


TOWIE stars, an Essex nightclub, a bitter legal battle and a money trail that leads to Dubai


Dubai property slowdown due to tighter rules, not oil slump


More Dubai real estate agents to close, merge, brokers warn


UK hostage thanks UAE forces after Yemen rescue


Dubai's DP World H1 profit soars 22%


Dubai's smart palm tree technology revealed

Smart Palms harness the sun's energy to allow people to look up city information, access Wi-Fi, and charge their phones, all for free

The Gift Concierge: The “it way” to luxury gifting?

Q&A with founder Christianna Tsiterou

MidEast boutiques seek to become fashionable M&A choice

Number of such firms in the Middle East is growing, centred on the free zones in Dubai, the region's finance hub

Abdul Aziz Al Ghurair: The UAE's top banker on the road ahead for the sector

In an exclusive interview, the chairman of the UAE Banks Federation and CEO of Mashreq Bank, one of the country’s largest private banks, talks candidly about acquisitions, the lack of a savings culture in the UAE, and the challenges that face the lender going forward.

Sweet dreams: chocolate boutique owner Isabelle Jaouen

The founder of Forrey & Galland explains why there’s no business like the chocolate business.

Saudi money market turmoil shows bank jitters over bond issues

Money market moves show concern about Saudi banks' ability to absorb multi-year series of bond issues

“I really believe this will turn out to be the most extraordinary project ever developed in the Middle East,” says the man behind Abu Dhabi’s newest and most exclusive mall complex

Ken Himmel, explains why Al Maryah Central can attract 20 million visitors a year by the time it is completed in 2018.

Lookalike architecture: Dubai buildings with international twins

We look at five buildings in the UAE which echo projects worldwide

Gulf's days of easy money ending under oil price pressures

Money market rates start to rise, partly because of the damage which cheap oil is doing to gov't finances

Egypt opens Suez Canal expansion to high hopes and some doubts

Some analysts and economists say the mega-project may fail to meet the great expectations

With crude at $50, oil firms fear deeper crisis than in 1980s

After slashing spending by $180 billion to deal with one of the worst industry downturns in decades, oil companies are still bleeding cash

Kenya: How Gulf investors can benefit from opportunities in Obama's African fatherland

US president Barack Obama’s recent visit to Kenya drew welcome attention for one of Africa’s emerging leaders as it strives to attract foreign direct investment, particularly from the Gulf.

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