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NEWS »

Kuwait sues IOC for $1bn over Olympic ban

OC suspended Kuwait in October 2015, accusing the gov't of interference in its national Olympic Committee

SaudiGulf Airlines granted licence for Saudi domestic flights

Regulator announces first such award in a long-planned liberalisation of the aviation market

SeaWorld said to be in talks to enter Saudi Arabia

Deputy crown prince meets executives at marine mammal park during US visit

Rights group urges Bahrain to reverse cleric deportation decision

Human Rights Watch accuses Bahrain rulers of 'slamming shut the door on political reform'

Dubai's biggest bank said to sign upsized $1.7bn loan

Gulf banks are keen to raise funds as liquidity comes under pressure from lower oil prices

UAE's Waha Land inks $115m financing deal for industrial expansion

Subsidiary of Abu Dhabi's Waha Capital to use funding for further development of Almarkaz light industrial project

German gov't must decide on weapon exports to Saudi Arabia

German court rules gov't must decide whether to approve a request by Heckler & Koch to export gun parts to Gulf kingdom

Emirates says to add A380 on daily route to Auckland

Dubai airline set to operate superjumbo on route, currently the world's longest, from October 30

Flydubai set to launch daily service to Prague

Dubai low cost carrier says increasing four-times-weekly flights to eastern European hub

Kuwait's Agility in talks on investment in Kharafi National

Gulf's largest logistics firm says reviewing all possible opportunities to invest in construction company

British Airways delays restart of Iran flights until September

UK flag carrier blames 'technical issues' after pushing back resumption date by six weeks

Swiss hospitality firm inks deal for Saudi hotel and resort

Swiss International signs agreement to develop hotel, restaurants aat Al Qassim Touristic City project

Oman hotels must now register guest details with police

Sultanate has previously used 'semi-voluntary' reporting system for hospitality sector

Qatar First Bank, Novus Aviation in tie-up to buy 737s

Two Next Generation Boeing planes to be leased to Indonesia’s Lion Air, companies say

25% of Gulf investors say no plan to live in London homes

Survey confirms growing concerns about rise of 'buy to leave' properties in UK capital owned by overseas buyers

Dubai, Abu Dhabi see marginal average rent rises during May

New Bayut report says rents rise more than 1.5% on average in Dubai while Abu Dhabi sees rental gains of about 0.7%

Investcorp buys 55% stake in Italian luxury tailor Corneliani

Bahrain-based private equity fund sajid it will invest "a substantial amount" in the suitmaker, which posted revenues of $147 million in 2015

27 new Mers cases discovered in Saudi in past five days

Saudi Arabia’s health ministry says some cases ‘are stable’

Six Flags Entertainment signs deal to open theme parks in Saudi Arabia

CEO John Duffey, speaking after meeting with Saudi deputy crown prince Mohammed bin Salman, said the parks "can provide the entertainment to which Saudis aspire"

Sales of ‘prime’ villas on Palm Jumeirah drop 44% year-on-year

Tough market conditions for residential areas including Dubai Marina and Downtown

Saudi Arabia 'to carve out 90,000 new mining jobs by 2020'

Partnerships between national training institute and Saudi Arabian Mining Company intended to boost sector

Emirates to recruit more than 700 pilots in 2016

Delivery of 80th A380 will see the airline launch a daily superjumbo service to Vienna on July 1

Tanmiyat launches first handover of delayed Living Legends project

Tanmiyat is now fully focused on completing the second phase of Living Legends, which is scheduled for handover in the last quarter of 2016

Passenger kissed Emirates flight attendant, Dubai court told

Tanzanian accused of molestation after US stewardess agreed to take selfie

OPINIONS »

Saudi Arabia’s economic balancing act

The kingdom needs to manage a fine line between delivering targets and not overrunning costs.

A cautionary tale from the Dubai property market

While a recent episode involving an off-plan developer and unhappy investors has been resolved, it should serve as a lesson to potential buyers.

It's not too late for Kurdistan

The autonomous region of northern Iraq may have fallen from its lofty heights of 2013, but there is still plenty of potential, says Courtney Trenwith

Is this third time lucky for Kuwait's struggling airport?

Delays in confirming a $4.34bn deal to revamp Kuwait International proves the country is still moving too slowly to develop its infrastructure, says Courtney Trenwith

How Etihad's partnership strategy is paying off

A strong set of results posted today shows that the Abu Dhabi airline’s much-discussed strategy is starting to bear fruit

Why Saudi Arabia will struggle to kick its addiction to oil

Transforming the economy is an enormously ambitious undertaking fraught with considerable risks, says Reuters analyst John Kemp

Saudi Binladin Group's shaky foundations

The once dominant player in Saudi Arabia’s construction sector is facing a rocky road to redemption, says Courtney Trenwith

GCC banks' response to hacking woefully inadequate

QNB and InvestBank let down their customers by not only failing to protect their private information but by then playing down the significance of the attacks

VIDEOS »

Video: Key claims around Britain's EU referendum

Britons head to the polls to decide on the UK's future in the EU on Thursday, but what are the main claims for remaining or leaving the 28-member bloc?

EgyptAir crash: wreckage spotted in several locations, say investigators

Egypt says it has found wreckage of the EgyptAir plane which crashed in the Mediterranean last month

Video: Tracking the Solar Impulse journey

Tracking the remarkable progress of Bertrand Piccard in the solar-powered plane which has the wingspan of a 747 but the weight of a Corolla, as he embarks on the final leg of a quest to blaze the trail for the aircraft of the future

Why Apple shares could fall

Apple is about to lose its weighting on the Russell Indexes and be reclassified as a growth and value stock.

Latest Reader Comments

UAE firm acquires US commercial property in $48m deal
Steve : Wow, they got ripped off. Building isn't worth more than 20-25 mil. I guess they got money to burn......
USA - Monday, 27 June 2016 4:57 PM

Emirates stands firm on ultra-cheap bookings glitch
nrr : Fentoni, an excellent reply! I feel, some people get too greedy when they are on the customer end and are not able to let go of Human Error, and while they are at the Business End, they would not honor the same.

I know it is a bit out of context, but Gordon, when someone goes to the Doctor...
U.A.E - Monday, 27 June 2016 4:58 PM

'Bachelor ban' in Qatar tests relations with migrant workers
Mike Karim : I lived there for a couple of months; very boring and limited entertainment options for both bachelors and families. Will never visit it again! ...
SA - Monday, 27 June 2016 3:39 PM

Top hotelier warns of tax rate of up to 31% after VAT is introduced
Curious : Surely, Arabian Business would consider to proof read before posting as there are so many spelling mistakes!

On the other hand, Dubai Municipality Fee is 10% and Tourism Dirham isn't a tax to begin with

...
UAE - Monday, 27 June 2016 3:40 PM

70% of Dubai residents ‘interested in dual citizenship’
Telcoguy : @ahmed, I think you are into something here. The thing is the we are now back to 2008/9 situation where companies are going to see a huge drop in revenue because their customers are leaving the country, one of my customers in another GCC country was complaining of a significant drop in revenue for p...
UAE - Monday, 27 June 2016 3:40 PM

All READER COMMENTS
     
EDITOR'S CHOICE »
1.

Top hotelier warns of tax rate of up to 31% after VAT is introduced

2.

Saudi king 'to unveil $1.3bn of public projects'

3.

New state-owned oil company set up in Qatar

4.

Saudi stock market set to open up further to foreign investors

5.

Court ruling allows for more refunds for off-plan investors in Dubai

6.

'Technical issue' hits Dubai’s Radio 1, 2, says broadcaster

7.

Dubai Int'l gears up for 2m passengers as summer rush begins

8.

Dubai, Abu Dhabi among world's most expensive cities for expats

9.

Ban on credit card payment fees in UAE proposed by ministry

10.

Arabtec still unclear over Egyptian housing project

FEATURES & ANALYSIS »

Bahrain gambles with security by launching crackdown on Shi'ites

Ruling family aims to end years of instability with a crackdown on Shi'ite political parties

Checking in: Managing Marriott's growing business in the Middle East

Marriott’s man in the Middle East and Africa, Alex Kyriakidis, discusses taxes, trends and the upcoming tie-up with fellow hospitality giant Starwood.

Mind coach: The importance of mental toughness in business

From professional basketball player to motivational speaker, John Dabrowski has made a career of belief. When some might have quit, he has never given up on his dreams. Now the British mind coach takes to the podium to tell businesspeople that mental toughness is just as important in the boardroom as it is in the sports arena.

Aviation chiefs call for aircraft tracking upgrade

The aviation industry has failed to make adequate progress on security, despite devastating terror attacks and other wake-up calls in recent years. Now is the time to stop cruising and put some proper protocols in place, experts say.

Arabtec: Cementing a new future

Dubai’s largest listed contractor has recorded losses for six consecutive quarters. But Raja Hani Ghanma, CEO of its construction subsidiary, explains how the company is gradually building back up to profit

Why Ferrari is still the world's most wanted sports car

Italian sports car maker Ferrari reveals why the Middle East is such an important market and how it remains more exclusive than its competitors.

What will it take for investors to return to Kurdistan?

For a decade, billions of dollars from foreigners, particularly from the Gulf, helped transform Erbil into a booming capital. But economic and security crises since 2014 have suspended thousands of projects, leaving the city and investors in limbo.

How Gulf SWFs have thrown funding lifeline to tech ventures

Saudi Arabia and other Gulf states have ploughed money into hot tech investments such as Uber and Alibaba

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IN PICTURES
PHOTOS: In pictures: Iftar prepatation in Dubai
Volunteers prepares food for Iftar, the evening meal to break fast during the holy month of Ramadan in the emirate
PHOTOS: Pictures: Inside the W Dubai - Al Habtoor City
Starwood Hotels & Resorts has debuted its lifestyle brand W in the UAE, with the opening of W Dubai – Al Habtoor City on Sheikh Zayed Road
PHOTOS: Revealed: Top 10 most expensive cities for expats
Hong Kong tops the list of most expensive cities for expats, pushing Luanda in Angola into second position. Zurich and Singapore remain third and fourth, while Tokyo is fifth.
PHOTOS: In pictures: Star Wars gallery at London's Harrods
Exhibition allows fans to view and buy the most authentic line up of Star Wars prop replicas ever created
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