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Friday, 22 July 2016 This newsletter reaches 126,954: readers, to advertise click here

Saudi Arabia denies issuing new fatwa against Pokemon

Council of Senior Religious Scholars refutes media reports that it has revived 2001 decree against card game

Hotels put up residents affected by Dubai Marina tower blaze

Dubai Civil Defence says residents will be able to return to Sulafa Tower only after firefighters give all clear

Air-con rocks, cooled pools to feature in new Dubai safari park

$272m facility will reportedly soft launch in October, will feature more than 5,000 animals

MidEast investment banking fees rise to $416m in H1

New report says figure represents the strongest period for investment banking fees in the region since 2014

Kuwait court upholds death sentence for alleged Iran spy

Kuwait has long accused Tehran of seeking to weaken them by infiltrating local Shi'ite communities and stirring up local politics

Bahrain's new foreign ownership law 'to boost property markets'

Cluttons says gov't plan to allow 100% foreign ownership is 'an important decision' for Gulf kingdom

Suspicious package on Dubai flight was 'false alarm', says Spicejet

Bomb disposal team was dispatched to search a Spicejet flight from Dubai after passenger failed to board plane

Restaurant run by Saudi women opens in Qassim region

Outlet is the first of its kind; launched to help tackle the issue of unemployment among women in Saudi Arabia

Bahrain banks forecast to see slower growth in 2016, 2017

BMI Research says deteriorating macroeconomic environment set to weigh on credit demand and liquidity

Qatar Airways flight from Copenhagen 'delayed for 37 hours'

250 passengers arrive in Doha on Wednesday night following 'technical issue' - report

Umrah arrivals said to reach 8 million next year, 30% increase

Rise in numbers comes amid political instability and expansion works at the Grand Mosque and the Prophet’s Mosque

Saudi private sector salaries to increase 30% by 2021

Foreign investment is likely to result in higher annual salaries in retail, technology, and tourism sectors

Fire tackled at under construction Doha mall

Qatar Civil Defence reportedly called to tackle blaze at Tawar Mall which is being built in capital city


Why intellectual property fee hikes need to be redesigned

Several Gulf states have declared their intention to create ‘knowledge economies’ but high taxes on creativity do little to inspire, says Courtney Trenwith

How big are Saudi Arabia's oil reserves really?

There is widespread scepticism about the official estimates of kingdom's oil reserves, says Reuters analyst John Kemp

How the Brexit aftermath affects the GCC

There will be winners and losers as the global economy comes to terms with the still-unknown implications of the UK’s shock decision, 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

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

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.

Saudi Arabia’s economic balancing act

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

The case for consolidation in the UAE's banking sector

If two of the UAE’s largest banks can see the benefits in merging, why are the smaller institutions so reluctant, asks Courtney Trenwith


Video: Turkey declares three-month state of emergency

Turkey's President Recep Tayyip Erdogan has declared a three-month state of emergency in response to the failed coup last Friday

Video: Artist erects wall around Trump's Walk of Fame star

A Los Angeles artist builds a miniature border wall around Donald Trump's star on the Hollywood Walk of Fame

Video: US goes after $1bn in assets from Malaysia's 1MDB

The US Justice Department has moved to seize a billion dollars worth of assets allegedly embezzled from Malaysia's state fund.

Video: UK's May pledges close ties with Germany in Merkel meeting

British Prime Minister Theresa May has pledged to maintain a close relationship with Germany despite the UK's vote to leave the European Union.

Latest Reader Comments

Sheikh Mohammed and Crown Prince take trip on London Underground
Aamir Sayed : Dear Froggy,

The Central line doesn't have a fan. All it has is an exhaust opening where the air pushes in once the train is moving. Not an ideal way to get fresh air I presume especially when it is all below ground. Also the summer temperatures in London are almost touching between 34c-37c...
UAE - Thursday, 21 July 2016 12:07 PM

Kuwaiti-NZ woman told 'not to bother' applying for a job in hijab row
Charles Tunar : As an American born, and self proclaimed progressive Muslim, I find it important to take opportunities like this where the subject matter addresses, "Respect [one's] culture and [one's] religion," to pose the following questions to the Umma here: How tolerant are Gulf countries of cultural and relig...
UAE - Thursday, 21 July 2016 12:07 PM

Why CEOs need social media
Huw : What utter TOSH!
Large companies require well considered external communication not all in line with quick fire avenues such as Twitter.
Nearly all high profile Twitter users end up eventually making themselves look like - well a Twit!
It would be chaos!
UAE - Thursday, 21 July 2016 12:08 PM

Real estate agent claims 'definite shift' in Dubai property market
Peter : I'm not saying I support all the claims mentioned, but I offered 2.7m and a 2 bed in downtown listed at 2.8m 2 weeks ago, agent told me they had asking price from another cash buyer...I thought he was bluffing so left my offer on the agent tells me they have completed and I have since mov...
UAE - Thursday, 21 July 2016 9:13 AM

Boris Johnson refuses to apologise for "thesaurus" of previous insults
Mike Gee : Does the World not have many many more problems to worry about than whether or not Boris Johnson should apologise ???. PLEASE let us see some serious questions such as why Assad is still killing people, why ISIS still exists, THOSE are 2 of the more serious questions. Forget Boris Johnson and get o...
UK - Thursday, 21 July 2016 9:13 AM


ADIA eyes China, India for fresh long-term prospects


Gulf's newest airline eyes November launch


Motorists playing Pokemon Go in Saudi will be fined $80


Fire put out in Dubai Marina residential tower, no injuries reported


Revealed: Top cosmetic procedures in the Middle East


Abu Dhabi fund ADIA to remain long-term investor, says Sheikh Hamed


Revealed: Plans to bring self-driving pods to Gulf cities


Dubai stock exchange director 'found guilty of embezzlement'


Emaar, Dubai Properties' stalled 'Bawadi' hotel scheme to be revived


Britain refuses to release files on Mark Thatcher's secret Oman deals


Are the troubles easing for Saudi construction giant Binladin?

Gulf kingdom's biggest builder appears to have pulled back from the brink of a financial crisis that risked damaging the wider economy

How an exodus of professional workers is reshaping Qatar

Many of the foreign workers who make up the bulk of the 2.5m-strong population have been affected by lay offs

A changing landscape: Sultan Butti Bin Mejren

After a decade as director-general of the Dubai Land Department, Sultan Butti Bin Mejren says he is acting fast to improve regulation of the real estate industry and ensure it remains a thriving part of the emirate’s economy. He explains why he is adamant investors will keep coming

Could the GCC have a free zone-free future?

Free zones, particularly attached to major ports, have become key economic drivers for cities around the world. But as new megaports are developed across the GCC, some are questioning the continued relevance of special incentives

Breaking the mould: Shahid Khan

Gulf family businesses are persistently accused of restraining their own success by refusing to allow experienced outsiders to help steer the ship. But having taken two of the region’s biggest firms into unchartered expansion, veteran executive Shahid Khan is now making waves with his third, Kuwait’s Al-Yaqout Group

Digital dilemma: the future on advertising

If you’re not advertising online these days, you’re not advertising. The internet has already caused an industry revolution, but there is plenty more to come

The calm amid the storm: Patrick Odier

Steeped in two centuries of experience, Swiss private bank Lombard Odier is growing its Middle East client base as economic uncertainty ripples through the region. Sixth generation helmsman Patrick Odier urges investors to diversify their portfolios to shrewdly manage risk.

Behzad Golkar: Making the case for investing in Iranian capital markets

As CEO of one of Iran’s biggest financial institutions with plans to launch equity funds and a new investment bank, Behzad Golkar is part of efforts to make the country’s capital markets more accessible to foreign investors. This is no easy task, he says.

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PHOTOS: In pictures: Sulafa Tower in Dubai Marina on fire
75-storey building is located across the road from The Marina Torch, where a massive fire broke out last year
PHOTOS: In pictures: 12th edition of the Liwa Date Festival in Abu Dhabi
The event runs until July 30, 2016 and aims at promoting the heritage and the traditions in the UAE
PHOTOS: Emirates-sponsored "Stars on Board" dazzles thousands of Arab fans from around the world
The airline flew music enthusiasts to be part of a unique entertainment sea cruise
PHOTOS: In pictures: Eight reasons why RAK is an outdoor lovers’ paradise
A 90 minute drive from Dubai lies a place with much more bearable temperatures and a stack of amazing outdoor activities: Ras Al Khaimah.
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