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Friday, 24 October 2014 This newsletter reaches 126,954 readers, to advertise click here

Boosting a customer's credit card limit without consent is 'foolhardy', says Dubai banker

Mashreq Bank claims it holds quarterly examinations to ensure sales staff don’t mis-sell

Gulf airlines target Italy as transit point for expansion

Rival carriers battle over Italian market which could be key to driving traffic on to long-haul routes

Bollywood stars give thumbs up to Dubai theme park

Attraction will be part of Dubai Parks & Resorts' Jebel Ali project

Alex Ferguson, James Hogan to appear at AB conference

Gaza 'hero' doctor David Notts also confirmed for Arabian Business event in Dubai on November 11

Saudi's SABIC says won't expand petchems venture with Shell

Petrochemical giant says results of feasibility studies into Saudi joint venture were not encouraging

15% of rich Emiratis are looking to buy a ski home

Check out the top 20 places to buy a place in the snow

Kuwait bourse cancels trades in Kuwait Investment Co, Zain

Kuwait Stock Exchange says trading in shares will resume on Sunday

Qatar withdraws 'un-halal' US meat products from shelves

Authorities claim the products have breached halal standards, also preventing customs clearance

UAE cooling firm Tabreed posts 28% rise in Q3 net profit

Tabreed improved its operational efficiencies and cut finance costs during the quarter, says chief executive

Three Saudi students in US charged with rape

The men, aged in their 20s, are accused of raping another man after luring him to an apartment in Oklahoma

Alexander Wang X H&M hits the stores November 6

The 38 piece collection features athletic performance wear, essentials and humerous objects

Samsung unveils 'world’s fastest Android smartphone'

Galaxy S5 Plus packs Snapdragon 805 SoC, support for LTE-A

Abu Dhabi's Aldar to launch new projects in next 3-4 months

Developer's CFO says new projects will mostly target mid-income buyers and tenants

Saudi’s Grand Mufti says Twitter is a source of lies, evil

Country’s highest religious authority conceded it could be beneficial if used properly

Dubai's Emirates NBD Q3 net profit doubles to $424.7m

Growth as a result of a resurgence in the Dubai economy, which has been boosted by a strengthening property market and a scaling down of debt troubles

Oman studies ways to limit spending after oil price plunge

Government mulls spending curbs but insists it does not intend to cut infrastructure projects

EU imposes sanctions on UAE firm over Syria oil supplies

European Union says action taken against Pangates International Corp Ltd, based in Sharjah

UK's Premier Inn to almost double Gulf hotel rooms by 2017

Hotel operator says it plans to have a regional portfolio of 2,687 rooms across 12 properties, up from 1,356 rooms today

Abu Dhabi to produce a Sharia version of US TV show LA Law

The local version of the show will be called Abu Dhabi Judicial - report

Louvre Abu Dhabi developer says iconic dome fully installed

Tourism Development and Investment Company announces major milestone in construction of Saadiyat Island project

No Islamic New Year holiday for UAE gov't workers

Official announcement says event, which will fall on either Friday or Saturday, will not be transferred to working day

UAE 'takes first steps' to launch unmanned Mars probe

Sheikh Mohammed says seven-year technology project is a 'source of Arab pride'

Dubai theme park to feature Sony Pictures, Smurf Zone

Deal signed with Hollywood movie giant to bring 12 themed attractions to planned motiongate Dubai project

Qatar buys stake in Hong Kong department chain

Deal is reportedly part of a $15bn spending spree across Asia planned by the Gulf state

We "forgot about the food", admits Just Falafel boss

Founder and MD Mohamad Bitar takes to the Arabian Business comments board to thank readers for helping company return to its roots

IKEA plans Dubai distribution hub amid Gulf expansion

World's largest furnishing firm says centre in Dubai World Central is scheduled for completion in Sept 2015

Dubai house prices, rental growth slows for third straight quarter

New Asteco report says mortgage cap, higher fees making it more expensive for buyers to get onto Dubai property ladder


Cracking the online payments puzzle in MENA

Khaldoon Tabaza looks at why both investors and founders are worried about venturing into e-commerce businesses

Do you actually own your house?

Transparency and disclosure should be the hallmarks of any mature property market, says Ed Attwood

Should Dubai introduce a second stock market?

Anil Bhoyrul poses the question as analysts suggest up to 25 firms in the UAE are now planning an IPO

Of course I don't need a shrink

Learning about yourself is one of the most rewarding journeys you'll experience, says Silja Litvin

Is Branson the man to shake up the telecoms industry?

The introduction of MVNOs is the biggest change to Saudi Arabia’s telecoms sector in many years, says Anil Bhoyrul

Second time lucky on The World?

Promises from developers of the islands have come and gone but is it different this time, asks Ed Attwood

Good times are over for Dubai property... and we should be thankful

Despite the big project announcements at Cityscape, the evidence suggests Dubai’s real estate market is becoming more mature, says Anil Bhoyrul

Why do 72% of new products flop? How to beat the statistics

Dr Georg Tacke reveals some of the tactics to use to make sure you are one of the ones that succeeds

Analysing the MidEast's surge in online classifieds

How the decline in print advertising in the region has been replaced in the fast-paced digital era

The challenges facing the UAE's long-delayed credit bureau

The UAE’s federal credit bureau has finally come online. Authorities have done their bit, now it’s up to banks and other lenders to take it seriously, says Courtney Trenwith

Achieving 20m by 2020: DTCM chief Helal Saeed Almarri

Dubai's tourism boss on becoming one of the world’s most visited cities


Drug companies step up Ebola vaccine race

As the WHO opens its third emergency meeting on Ebola, Johnson and Johnson says it's speeding up work on an experimental vaccine against the disease - putting pressure on its main rivals in the vaccine race, GSK and NewLink Genetics, to do the same

Obama pays tribute to 'Watergate' editor Ben Bradlee

Barack Obama has paid a warm tribute to Ben Bradlee, the editor of the Washington Post during the president-toppling Watergate scandal, who has died aged 93

Uruguay accepts first group of Syrian refugees

One of the most recent nations to accept its first group of Syrian refugees is Uruguay in South America, where they have been enthusiastically welcomed by the country's president and local people

Latest Reader Comments

UAE 'takes first steps' to launch unmanned Mars probe
abdul hafeez sheikh : By doing such project UAE is reminding all the Muslims of the past glorious era I pray the the success of the mission and give full credit to his highness Sheikh Muhammad who is visionary .UAE people are lucky to have such leaders and rulers ...
Pakistan - Friday, 24 October 2014 2:07 PM

Dubai's Cavalli Club apologises after asking disabled customer to leave
Jean-Paul : After reading this article, I will never invite any out of guests to this trashy club ever again. ...
UAE - Friday, 24 October 2014 2:07 PM

Saudi builders falsely declaring workers as disabled
heinz : you have to wonder about the mentality of people that do this or allow this. This is blatant fraud and if they have no sense of right, then you have to wonder about everything else they do? building standards? correct use of material? incorrect billing.
That sort of corruption is like a cancer t...
Deutschland - Friday, 24 October 2014 2:06 PM

UAE's rising cost of living is big concern for expats - HSBC
Madhav Bodas : The first trigger was last year's removal of rent cap by Abu Dhabi. Subsequent triggers were Expo 2020 and now falling Oil prices.
The inflationary pressures are here to stay till the market forces prevail and lead to correction. Till that time, middle income group will be bearing the brunt of ...
India - Friday, 24 October 2014 2:06 PM

15% of rich Emiratis are looking to buy a ski home
Shehryar Iqbal. : Don't forget Vermont. It's a very beautiful North East state of the USA. Jay Peak resort is also selling town houses in this Ski resort.
Go to Boston by Emirates and then drive through the beautiful state of New Hampshire over to Vermont. ...
U.A.E - Friday, 24 October 2014 2:06 PM


Top 10 most desirable properties in the UAE


Asian airspace congestion a threat to Gulf carriers' growth plans, warn experts


Dubai's Cavalli Club apologises after asking disabled customer to leave


Judge orders mental assessment for unruly British passenger


UAE's rising cost of living is putting off expats - HSBC


I have “a fundamental difference” with the oil minister, says Prince Alwaleed


Revealed: Bollywood Park Dubai in detail


Google saved YouTube from death, admits co-founder


Dubai airport Ebola suspect tests negative, leaves country


London judge to consider life sentence for Emirati sisters’ hammer attacker


Fears for tough penalties grow as India cleans up business

Country’s regulators feel emboldened to take on even companies long sheltered by political connections

Saudi Arabia, Kuwait shared zone tensions underlie oilfield closure

Crude output from jointly-run offshore Khafji oilfield has been halted temporarily to comply with environmental rules

Interview: RP Group's Dr Ravi Pillai

Dr Ravi Pillai launched his first business at the age of 14, trading in coconuts so he could afford school books. Three decades later, his RP Group brings in revenue of $4bn and employs 80,000 staff, helping make him one of the world’s richest Indians

Straight bat: Australian cricket captain Michael Clarke

Michael Clarke gives the inside view on being the Australian cricket captain, including his public rants against team selectors, and gives his input on whether Dubai, the home of the International Cricket Council, is doing enough to support the game

Keeping the faith: HMH's Laurent Voivenel

UAE-based Hospitality Management Holdings’ chain of Sharia-compliant hotels is expanding quickly, in line with the growth in the region’s hospitality market. New chief executive Laurent Voivenel says he is keen to target the mid- and low-range segments of the industry

Revealed: The countries the ISIL militants come from

Thousands from Saudi Arabia and Morocco have flown to Syria to join the fight - report

Walking on air: Naji Skaf

When Naji Skaf was appointed CEO of gas group Gulf Cryo well in advance of his 40th birthday, he raised several eyebrows. The young executive discusses how he uses his age to his advantage, what it’s like trying to advance within an established family business, and how he’s taking the company to the next level

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PHOTOS: Qatari Emir holds talks with Ecuadorean president
HH the Emir Sheikh Tamim bin Hamad al-Thani held a round of official talks with President Rafael Correa of Ecuador at the Emir Diwan
PHOTOS: 10 key features of Yas Mall
Located 15mins from Abu Dhabi city centre and 45mins from Dubai
PHOTOS: Top 10 reasons your smartphone signal fails
Poor coverage may not necessarily be the fault of your carrier
PHOTOS: Diwali celebrations
Indian residents light candles and lamps as the Hindu festival Diwali, also known as the Festival of Lights, falls on October 23
PHOTOS: Abu Dhabi Louvre: Between vision and reality
The Tourism Development and Investment Company (TDIC) is a step closer to completing one of the world’s premier cultural institutions - Louvre Abu Dhabi
PHOTOS: Abu Dhabi Crown Prince visits 10 Downing Street
UK premier David Cameron and Sheikh Mohammed Bin Zayed Al Nahyan to discuss the ongoing situation in the Middle East
PHOTOS: Launch of luxury steam train holidays from Europe to Tehran
Tickets for the two-week trip costs from $14,333 and starts in Budapest
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