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Friday, 30 September 2016 This newsletter reaches 126,954: readers, to advertise click here

Saudi billionaire embroiled in UK farm subsidy row

Campaigners say they are outraged that UK taxpayers subsidise farm of racehorse breeder Prince Khalid Abdullah

Mufti tells Saudis to back government austerity moves

Top religious authority says recent decrees were temporary moves necessitated by public interest

UAE's Gulf Craft says to enter world's megayacht market

Luxury boat builder announces plans to start manufacturing megayachts - yachts larger than 50 metres in length

Saudi gov't stays silent over US approval of 9/11 legislation

No official reaction from Saudi Arabia about law allowing lawsuits against Gulf kingdom over the Sept 11 attacks

Abu Dhabi's Royal Jet appoints new president, CEO

Rob DiCastri was previous CFO and head of strategy for Saudi-based flynas and NasJet

Saudi's PetroRabigh says to delay $9.1bn expansion plans

Petrochemical company cites construction market challenges as it delays project by at least six months

Dubai says air quality hits 88%, meets international standards

Dubai Municipality sets up 13 monitoring stations to identify pollution hot-spots across the emirate

Egypt court suspends annulment of Red Sea island deal with Saudi Arabia

Maritime border accord for islands caused a public uproar and rare protests by Egyptians

Saudi firms get nod to 'second' staff to meet Saudisation quotas

Labour ministry reportedly approves rules permitting firms to 'borrow' Saudi nationals to make quotas

Dubai's GGICO seeks loan restructuring in $762m debt plan

Sources say Gulf General Investment Co is latest example of a Gulf company requesting more breathing space on debt

Ajman inks China deal to boost tourism, business links

Ajman Tourism Development Department says agreement signed with Gulf Chinese Trading Corporation

StanChart starts direct trading between yuan, Saudi riyal, UAE dirham

Move makes bank one of the first market-makers to trade those currency pairs in China's interbank market

Saudi riyal weakens after US Congress vote on 9/11 law

US Congress votes to allow relatives of victims of the Sept 11 attacks to sue Saudi Arabia

Airlines report 17% rise in unruly passenger incidents

More than 10,850 plane rage incidents are reported to the International Air Transport Association last year


Finally, developers in Dubai appear to be listening

The increasing number of new affordable residential projects in Dubai have not come soon enough, says Courtney Trenwith

The calculus of conflict in the Middle East

Christine Lagarde said IMF, along with the international community, will be called upon to assist in rebuilding the economy once the conflicts end

The double standards of US carrier complaints over Gulf codeshare deals

Automatically handing the Big Three airlines US government contracts would simply amount to state subsidies, says Ed Attwood

Banking on new bankruptcy legislation

The UAE’s approved insolvency law is its most valuable investment in the economy in years, says Courtney Trenwith

Why Takaful is misunderstood

The Sharia-compliant insurance industry must make a more concerted effort to compete with conventional products

Where exactly is the centre of Dubai?

The emirate’s multiple ‘prime central areas’ means it will not see significant price differentiation, as experienced in other global cities.

The problem with Dubai property forecasts

It pays to do your own homework when analysing the Dubai property market, says Courtney Trenwith

India's air traffic controller must come back to Earth

The country has more to gain from increased air traffic rights with the Gulf than it realises, says Courtney Trenwith


Video: BlackBerry's CEO tells us why the company decided to stop making phones

John Chen, BlackBerry's chief executive officer, discusses the company's decision to stop making its iconic smartphones and focus on its software business.

Video: Thousands flock to Libya's first comic-con

Thousands of comic and cosplay fans attend a comic convention in Tripoli, the first such event to be held in Libya.

Video: RBS hit by $1.1bn US settlement

Royal Bank of Scotland Group will pay $1.1 billion to resolve claims that it sold toxic mortgage-backed securities to credit unions that later failed, according to the U.S. National Credit Union Administration.

Video: Oil prices rise after OPEC announces first output cut since 2008

OPEC has agreed to cut its oil output for the first time since 2008. The major oil producing nations struck a preliminary deal at talks in Algeria.

Latest Reader Comments

Emirati graduates say they expect $7,350 monthly salary in first job
survivor : @telcoguy - actually, banks - (both local and foreign) in the country have been forced to hire them for decades now, with a salary higher than an experienced expat. ...
UAE - Thursday, 29 September 2016 1:16 PM

Expat citizenship could help solve Dubai's economic challenge
Joanna Davies : Why would one want citizenship.. Countries back home are booming and there are more financial opportunities back home.
Remember we are here in UAE , to make money, spend some and repatriate most of it..The government has made it clear , and we should not harbour any misconceptions ...
uae - Thursday, 29 September 2016 1:16 PM

Saudi's Muslim World League voices 'deep concern' over new 9/11 law
WHJ : @Telco. Well, of course there is. You can begin by learning to write reasonably logical comments.
Take your other comment as an example. Oil constitutes around 5% only of Dubai's GDP and yet you still think Dubai's economy is oil dependent......
UAE - Thursday, 29 September 2016 1:31 PM

Exclusive: UAE mulls ‘man-made mountain’ in bid to improve rainfall
Telcoguy : @WHJ, I think your claims are more of a mocking than anything else Fenton could say. I am still wondering if you are real or some kind of Cobelrtesque character because you have made claims so outrageous and out of place that would fit perfectly in his old program.

I am waiting for you to a...
Spain - Thursday, 29 September 2016 1:32 PM

Italian lawyer said to sue Emirates over obese passenger
Joe : When will people wake up and realise that obesity is a gigantic problem, not just in the UAE and GCC, but in almost every developed country on the planet?

We are (on average) so fat that it is having a negative impact on helath - fatter than we have ever been before in history - and getting...
UK - Thursday, 29 September 2016 1:12 PM


Dubai property ads need gov't approval from Sunday, says RERA


OPEC strikes first deal since 2008 deal to curb oil output


Obama says Saudi 9/11 legislation sets 'dangerous precedent'


Sheikh Mohammed launches new strategy to shape UAE's future


Dubai's DEWA awards tender for world's first 3D-printed lab


New Burj Khalifa tower project launched to tackle studio shortage


Samsung Gulf begins Note7 exchanges after device 'explosions'


Miral aims to make Yas Island one of world's top 10 destinations


Etihad Airways flight in emergency landing following engine failure


UAE sees 'dramatic' rise in use of Snapchat, Instagram


Saudis cut wage, benefit bill in delicate pursuit of austerity

Some Saudis appear prepared to accept austerity following the signal that ministers would share the pain

How technology is revving up the future of driving

Technology firms have been investing in autonomous driving for nearly a century, but is now the time for driverless cars to hit the road?

Sipping success: Nobel Peace Prize honouree Merrill Fernando

Nobel Peace Prize honouree Merrill Fernando, 86, has fought colonialists, retailers and even consumers to bring Dilmah tea to the world. While he remains frustrated with multinationals 'destroying' quality and integrity in FMCG, he says a shift in the industry is brewing

Petrolling the world: Sharjah's Gulf Petrochem

Sharjah-based Gulf Petrochem has ballooned into a $2.5bn oil conglomerate in less than 20 years. Co-founder Sudhir Goyel reveals why the UAE is no longer the centre-of-attention, as global plans take hold

OPEC in new push to clinch first deal to curb output since 2008

Behind the scenes, OPEC experts are trying to work out last-minute details for an output-limiting deal

A printed future: the 3D revolution

Imagine printing a new house, jewellery, even a healthy heart, from your home office. The ‘disruptive’ influence of 3D printing is being followed closely around the world, while the UAE is working to create its part in the revolutionary technology.

The storyteller: Blue Apple's Vishal Anand

Vishal Anand, CEO of communications agency Blue Apple, believes that dedication – as well as the ability to put it all on the line – is what makes leaders stand out

Arabs flee Gulf heat for Alpine idyll, despite talk of veil ban

Zell am See's high mountains, dense forests and crystal-clear lakes are a major draw for travellers from Saudi Arabia, the UAE and Oman

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