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Friday, 27 February 2015 This newsletter reaches 126,954 readers, to advertise click here

Revealed: New Dubai mega project to promote outdoor lifestyle

Over 21,000 homes planned as part of Town Square development; all facilities within walking distance

FIFA said to set aside $209m to quell Qatar 2022 dates spat

Governing body is reportedly planning to treble cash pool to be distributed to clubs for releasing players for 2022 World Cup

Kuwait link to 'Jihadi John' suspect in ISIL beheading videos

Mohammed Emwazi, a Kuwait-born Brit from a well-to-do family in West London, is named as ISIL suspect

Medical emergency causes delay to Emirates flight to JFK

Flight had to burn off fuel for a period of two and a half hours over Dubai before landing back at airport

Bahrain sentences three men to death for cop killing

Ruling is the latest in a series of strict penalties handed down to those accused of seeking to destabilise the kingdom

UAE court sentences six Iranians to life in jail over Brit's kidnap

Abbas Yazdi, a British businessman of Iranian descent, disappeared while in Dubai in June 2013

Dubai to introduce 84 new 'smart' radars

New radars will detect tailgating and those who jump red lights on roads in the emirate

GCC economies set to weaken in 2015 on oil slump - S&P

Ratings agency says the region's overall creditworthiness has dropped since last summer

'Phenomenal' rise in diseases expected to hit Gulf

Health experts predict big increase in infectious diseases in the region over the next decade

Bahrain draws up World Cup plans to rejuvenate coastal area

Multi-million dinar plans develop ‘sleepy’ Bahrain coast ahead of the 2022 Qatar World Cup

Dubai set to launch new performing arts centre

The Hive will also offer dance workshops, including public speaking workshops, stand-up comedy, audio-visual screenings, and Improv theatre

Review: Cryotherapy treatment

Some of the benefits of being blasted with -170 Celsius degree cold air include blood rejuvenation, muscle growth, skin tightening, energy boosting, and weight loss

Aston Martin unveils latest $2.78m race car

The Vulcan also comes with a unique ownership programme that allows its owners to take part in a track driving training course

DIFC to adjust regulations to boost wealth managers

New rules announced give investment firms more flexibility to classify their clients as professional

Qatar Airways denies pulling out of Japan

Reports had claimed it may withdraw its services due to restrictive Japanese airport policies

UAE airlines launch airfare discounts of up to 40%

Etihad Airways is offering up to 30% off selected flights, while flydubai has slashed 40% from the price of some tickets

Broken alarms claims denied at Dubai's blaze-hit Torch

Company in charge of residential tower says alarm system was 'fully functional and operating correctly' at time of fire

Last ever Bugatti Veyron sold to Middle East buyer

Unnamed buyer from region snaps up luxury car which boasts average price tag of more than $2m

Retirement funding timebomb looms in UAE, says Zurich

Survey reveals that large majority of UAE employees believe end of service gratuity is inadequate to fund retirement

UN experts warn of 'critical knowledge gaps' on Saudi MERS virus

Health experts claim Gulf kingdom has not done enough to investigate and control deadly virus

Dubai's Emaar unveils new MBR City residential project

Acacia at Park Heights features 479 homes, golf course and tennis academy; sales set to launch on Feb 28

MidEast investors lined up for $500m Madame Tussaud's building

Exclusive: Real estate firm CBRE meets potential buyers for London building which contains waxwork museum

Lion, hyenas, baboons, apes surrendered to Kuwait Zoo

Death of Filipina maid who was mauled by a lion kept by her employer has led to numerous people handing in their ‘pet’ wild animals

Kuwait's gov't budget surplus shrinks 26% on lower oil prices

National Bank of Kuwait analysts calculates surplus as nearly $36bn in first nine months of fiscal year


How low can you fly? Just ask the boss of Delta Air Lines

Richard Anderson’s comments linking Gulf-based airlines with the 9/11 shows how desperate the US airline industry has become, says Ed Attwood

Nobody can trust HSBC any more

After last week’s tax revelations, the 'world’s local bank' is globally damaged goods, says Anil Bhoyrul

Decision making: Intuition vs ability

Ahmed Sharawy asks why some people are better than other in making the key decisions in business

No silver lining for gold

Many investors turn to precious metals during uncertain times, but do not be fooled by the current speculation of an upward trend.

How much would Emirates be worth if it went public?

Founding CEO Sir Maurice Flanagan has said the world’s fastest-growing airline could be valued at around $40bn. Anil Bhoyrul tends to agree

Five trends that will shape the Arab World's online industry in 2015

Online business growth continues unabated, while traditional industries witness dwindling margins and growth

How can innovation improve the hotel experience?

The hospitality industry of the future should be as effortless for Dubai’s hotels as possible


US justices indicate support for Muslim woman in head scarf complaint

A majority of U.S. Supreme Court justices express support for a Muslim woman denied a job at Abercrombie & Fitch because she wore a head scarf.

Austrian men become first in the world to use ground-breaking bionic hands

A bionic hand, a groundbreaking operation and the power of thought. Three Austrian men have made medical history. They have been given robotic hands they control with their minds.

Six months after war, Gaza still in ruins

Six months after the 50-day Gaza war, many areas of the small strip are still in ruins. While the United Nations has raised billions of dollars to help families rebuild, many Palestinians say they've received nothing but broken promises.

HSBC bank executives apologise for "unacceptable events"

The CEO of scandal-hit bank HSBC has "apologized for failings in the operation of its Swiss private branch that allegedly helped clients avoid tax.

Latest Reader Comments

UAE launches party island to rival Ibiza
bak2h : SERIOUSLY?!?!?!?! Who in their right mind thought that this would be a good idea???? Not a single country in Europe or around the world, have thought of rivaling Ibiza, for a good reason too..... The Ibiza party culture and scene is not befitting of our standards here in the UAE. We, as guests to th...
UAE - Monday, 2 March 2015 3:11 PM

UAE’s Mashreq bank launches the 'selfie' credit card
Doug : Yes, because that's exactly what we all want from a credit card, the opportunity to have a picture of our face on it.

Heaven help us if we want something like a more secure card that actually uses Chip and PIN, or something useful like contactless payment.
Or a way of paying your bill...
UAE - Monday, 2 March 2015 3:10 PM

Free hotel stay for blaze-hit Dubai tower residents
whatnext : Incredible generosity.
Well done indeed Jannah, very impressive....
uae - Monday, 2 March 2015 3:10 PM

Should the Gulf introduce VAT?
fga : Ordinarily most people wouldn't mind paying a little VAT, the problem however is that as it is, a lot of items are already overpriced due to high costs of commercial rent and well, greed in some cases.
Imagine paying more for some non-VAT goods than one would pay in countries where VAT is order ...
UAE - Monday, 2 March 2015 3:10 PM

Saudi Arabia announces new crackdown on illegal expats from next week
Peter Peter : It is time higher authorities in Dubai also took some action against illegal operators in the UAE.
Professionals from Europe or other countries who can enter UAE with just a stamp at the immigration counter have no visa cost, no license cost, no local sponsor cost, no local establishment cost an...
UAE - Monday, 2 March 2015 1:03 PM


Former Leeds Utd boss launches proceedings to have GFH execs arrested


Revealed: Former PM Gordon Brown tops list of MidEast payments to UK MPs


3 Al Jazeera journalists arrested over Paris drones


Emirates chief hints at legal action over US subsidy spat


Dubai's Damac reveals plan to create tropical rainforest


Carillion JV wins $590m Dubai construction contracts


Qatar 2022 organisers to deliver final dates, stadia details by end-2015


UAE adds 14 days holiday to annual school calendar


Saudi telco Mobily sacks CEO after accounting probe


UAE's Etisalat Q4 profit jumps 45%


Attention European leagues - it's called the World Cup

Qatar 2022 winter tournament is blow to top leagues which are inflated to bursting by their own importance

Revealed: The business of polo

The UAE’s wealthy businessmen and royals have fallen so in love with the grandeur of polo they are spending tens of millions just so they can play. Others have created loss-making events to attract the ultra-rich but how much are they willing to pay for the notoriously expensive game?

From fibre optics to fashion: Silvio Scaglia

Italian businessman Silvio Scaglia made his billions in the engineering and technology sector but is hoping that luxury fashion will boost his fortunes in the Middle East

Focus: Libya's decline and fall

Despite promise of a new future after the ouster of dictator Muammar Gaddafi, Libya’s spiral into civil war is seemingly endless. Foreign investors who are waiting on the sidelines say there is no hope of a change for the better soon

Exclusive: Inside the mind of Omar Alghanim

The scion of the billionaire Kuwaiti trading family and the fifth-generation CEO of conglomerate Alghanim Industries talks power, passion and politics

Why are some of the world's biggest banks leaving the UAE?

Large Western banks have been selling off their local assets and retreating home, helping highly liquid local institutions deepen their roots even further. But as lower oil revenues make their impact, there are warnings even home-grown banks will soon have to take a closer look at their operations

The road ahead for Jaguar Land Rover

Jaguar Land Rover has had mixed fortunes in the Middle East, but new regional boss Bruce Robertson says the Tata Motors-owned manufacturer is investing heavily in new products and new dealerships

Introducing the women aiming to change the face of investment in the Middle East

Elissa Freiha and Chantalle Dumonceaux are turning the tide with the launch of WOMENA, a Dubai-based women-only angel group

Exclusive Interview: Dubai-based tycoon Sunil Vaswani

Topping our annual rich list for the first time ever is Sunil Vaswani with $7.2bn. In a rare interview, the Dubai-based tycoon reveals how he grew his spectacular Stallion Group into one of Africa’s biggest conglomerates.

How Gulf banks are helping to underwrite region's aviation boom

Figures from Airbus show that 47% of MidEast aircraft deals in the first 11 months of last year were funded by local banks

Regulation, tight pricing overshadow Gulf's capital-boosting bonds

GCC banking sector expected to need an additional $35bn of capital by 2019, according to report

The killing fields: Meet the man dubbed the 'Indiana Jones of surgery'

For the past two decades, British trauma surgeon Dr David Nott has taken unpaid leave for eight weeks each year to work in war zones across the globe. His operations in appalling conditions and unprecedented danger have helped save literally thousands of lives. But after spending last summer in Gaza and Syria, he explains why he won’t be going back in a hurry.

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PHOTOS: Revealed: Top 10 beaches voted the best in the Middle East on Tripadvisor
The stretches of sand across the region rated the best in the Tripadvisor Travelers' Choice Awards
PHOTOS: Dubai's Jumeirah Beach Hotel launches new beach venue
Cove Beach Restaurant and Lounge serves Italian and French cuisine and consists of a gourmet restaurant, Rosé Bar, and Sea Lounge
PHOTOS: Tennis stars celebrate in Dubai
The world’s best players took some time out for fun and relaxation during the Dubai Duty Free Tennis Championships at the ATP Players’ Party
PHOTOS: Japan’s robot industry
One of the pillars of the new growth strategy of Japan’s robot industry, which was unveiled by the government in June 2014, is a “robot-driven industrial revolution.” Japan is expected to formulate a five-year action plan on specific ways to utilise robots.
PHOTOS: Qatari Emir meets Obama in the Oval Office
Sheikh Tamim bin Hamad al Thani met with the US president Barack in the Oval Office of White House in Washington, DC, February 24, 2015. The two leaders expressed commitment to defeating Islamic State, and also discussed the unrest in Yemen and Libya.
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