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Friday, 31 July 2015 This newsletter reaches 126,954: readers, to advertise click here

Saudi's Mobily restates profits over last 27 months, cutting $470m

Troubled telecom operator slashes total profits in latest attempt to resolve accounting scandal

US backs possible $5.4bn missiles sale to Saudi Arabia

Missile sale approval could help reassure Saudi Arabia about the US commitment to its security

India's IndiGo denies Qatar Airways plans to buy stake

Airline says it is talking to the Doha carrier about marketing arrangements but denies claims of buy-in deal

Kuwait complains to UK over visa problems

Gulf state summons British charge d’affaires to complain that visas are too expensive, take too long to process

Abu Dhabi Int'l passenger numbers soar 17.2% in H1

Airport operator says more than 11.1m people used airport during first half of 2015; India is biggest market

Retrial verdict for Al Jazeera journalists in Cairo adjourned

Qatar-based TV network says it is 'extremely angry' that the verdict has been delayed again

Dubai's Aramex eyes H2 acquisitions after Q2 profit boost

Logistics giant says it is looking to buy companies with similar profiles to its own in second half of 2015

Vodafone Qatar Q1 net loss widens as competition stiffens

Vodafone's Qatar unit has yet to make quarterly profit since it launched against Ooredoo in 2009

Duolingo launches English for Arabic speakers

Popular free education platform expands to Arabic countries

ADNOC says deregulation profits will fund 125 new service stations

Distribution arm of Abu Dhabi National Oil Company reveals major expansion plan on back of UAE's change in petrol pricing policy

Dubai's Al Habtoor City to feature all-weather tennis academy

UAE’s first indoor, fully air-conditioned tennis court will be included in state-of-the-art sports centre

UAE petrol prices to rise by 24% from Saturday

Price of diesel set to fall 29% following first monthly announcement by UAE's Ministry of Energy

DP World starts work on $1.6bn Jebel Ali port upgrade

Chairman Sultan Ahmed Bin Sulayem says Terminal 4 will deliver new capacity to meet rising demand

‘Saturated’ property market forces Dubai realtor to go bust

S&K Estate Agents files for bankruptcy at a loss of 80 jobs

London council’s crackdown on Arab supercars

Council will have new powers to issue fines, seize vehicles

Kuwaiti expats to undergo skills test – official

The Gulf state is considering implementing practical & theoretical exams for some professions, according to the acting director general of Public Authority for Manpower

Dubai's Nakheel says H1 net profit up by 53% to $770m

Developer says sharp increase is mainly due to continued strong performance by its development business

First case filed under UAE’s new ‘anti-hate crime’ law

An official in Dubai has lodged a criminal complaint against a Saudi writer

Saudi king's French Riviera holiday provokes beach protest

King’s three-week visit to family villa at Vallauris seen as a boon for the local economy

LuLu Group snaps up London’s Great Scotland Yard for $170m

Listed property will be transformed into a luxury hotel operated by Steigenberger Hotel Group

Iran launches charm offensive among wary Gulf Arabs

Foreign minister on a one-day, three-country tour to Kuwait, Qatar and Iraq


The UAE: On the road to economic development

Following deregulation of petrol prices, the rising cost of living is where the greatest challenge lies for the government says Mohammad Sultan Janahi

Short-term pain, long-term gain

Ed Attwood says kicking the UAE’s addiction to cheap fuel will pay off

Why investing in Chinese ecommerce is smart

Abu Dhabi-backed Carlyle Group’s recent $120m investment in a Chinese logistics firm was a wise entry into the booming multi-billion dollar online market, says Courtney Trenwith

Why I'm giving all my wealth away

HRH Prince Alwaleed pledges to donate his entire wealth to the Alwaleed Philanthropies

China must act to avert political crisis

Saxo Bank's Ole Sloth Hansen says Chinese economy should transition towards a more Western-style demand-driven system

Big things have small beginnings

Abu Dhabi’s Takamul initiative has the potential to change the entrepreneurial landscape in the UAE, says Ed Attwood

Helal Almarri: the man who can

The director general of the Department of Tourism and Commerce Marketing (DTCM) is laying out plans for Dubai’s ambitious goal of attracting 20 million visitors a year by 2020.

Ramadan: Think twice before you invest

Should brands devote more advertising spend during Ramadan, asks Elie Khouri


Turkey's precarious peace with the Kurds

Kurds hope Turkey will not abandon the peace process

Muslim women breaking stereotypes

Four Muslim women - a world champion fencer, a peace maker, a stand-up comic and an organiser in an all-women’s mosque - talk about their work and how it’s breaking stereotypes and challenging the status quo.

Gaza’s wounded face a crippled healthcare system

For many in Gaza, the effects of the 50-day war with Israel still linger in a damaged healthcare system.

Latest Reader Comments

SeaWorld Dubai faces mounting opposition
HassanM : I have watched BlackFish and it is far from proof of anything. It worked to promote a narrative...not facts....
USA - Friday, 31 July 2015 1:46 AM

Fuel price hike will not raise price of UAE goods - Ministry of Economy
Doug : Fair point on diesel ;)

Just wondering though, do we really need some sort of law enforcement on prices?

Say I'm BigBadCompany and I decide to raise the price of my widgets by 10% citing 'fuel costs', even though they haven't affected my operating costs.

Why can't I do tha...
UAE - Friday, 31 July 2015 1:47 AM

Europe and its public buildings selfie stupidity
Matt : It would be interesting to find out more about this proposal and who is backing it. Give us some more background please! Who is behind it? How many members of parliament? Has it been discussed in Parliament? Was it reported in the media and which ones? You need to give facts, dates, names.
UAE - Thursday, 30 July 2015 7:40 PM

UAE petrol prices to rise by 24% from Saturday
Red Snappa : This should slim down the massive engine 4WD and 'Muscle' car market, thank you for the carbon emission effect at least, although a 24% increase will not change the world given current oil prices, but if petrol prices float against oil prices on the rise then the 'bite' will be more significant. Ireland - Thursday, 30 July 2015 2:45 PM

New tailgating cameras to be operation in UAE on July 1
Faisal : How can we report tailgaters......they suddenly appear from no ware and start to dipper you even when the roads are congested. What is the way to report it to the police or the authorities??? Any soft and easy way???
Where i am not convicted of reporting.........
UAE - Thursday, 30 July 2015 12:34 PM


Dubai property prices continue to fall – reports


Kuwait says uncovers ISIL network


Al Jazeera cuts dozens of jobs


Dubai's ENOC plans regional expansion after fuel deregulation


Abu Dhabi rental growth slows in Q2 to two-year low


Prince Ali says Platini candidacy is 'not good for FIFA'


Dubai's DWC floats tender for staff village after 5-year delay


Malaysia almost certain debris found off Madagascar is from a Boeing 777


Saudi Arabia considers its own nuclear options after Iran deal

Kingdom is engaged in a contest for power with the Islamic republic stretching across the region

Greening the desert: How the UAE aims to change its carbon footprint

The UAE has set laudable targets to reduce energy use and ensure new schemes are environmentally friendly, but it is battling negative public perceptions and the fact it has one of the largest carbon footprints in the world.

Sink or swim for Gulf developers?

Gulf developers, particularly in Dubai, have announced a number of ambitious underwater projects over the years, but so far none have come to fruition. With recent advances in technology and a renewed sense of excitement, well-placed sources have revealed many of the big players are preparing to unveil their plans to finally conquer the sea

Get smart: Dr Manahel Thabet

With an IQ placing her in the top 0.1 percent of the world, Dr Manahel Thabet is arguably the most intelligent living Arab. But she fears the region is repressing its most scientific and innovative minds, while falling prey to the ‘pollution’ of social media. It all spells economic disaster, she warns

The detail of retail: Ishwar Chugani

The Middle East head of Asian clothing giant Giordano, Ishwar Chugani, explains why his stores never discount and his target for 300 outlets in three years

How should Iran spend $100bn windfall?

It sounds like a pleasant problem to have but it is one of several economic policy headaches looming for Iranian President Hassan Rouhani

Keeping it legal: Social media, the UAE and the law

In light of recent jailing of an Australian woman for a Facebook post, a reminder of the rules in relation to the use of social media

Revealed: the best Dubai Twitter accounts to follow

Live in Dubai and hoping to get in on the Twitter buzz? Here's some inspiration for who to follow

Interview: Majid Al Futtaim chief Alain Bejjani

Six months into his tenure as head of Majid Al Futtaim, the Gulf’s biggest shopping mall developer, Alain Bejjani is on track to double the size of the company in just five years

Expanding the empire: Mövenpick's Jean Gabriel Peres

With more than 10 hotels planned across the GCC in the next five years, Mövenpick Hotels and Resorts is looking to strengthen its grip and increase market share. The company’s president and CEO, Jean Gabriel Peres, discusses the brand’s bold plans, and the challenges of balancing traditional standards with the hospitality industry’s continual innovations.

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