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UAE, Bahrain hit out at Iran as 'not a good neighbour'

  • Monday, 20 May 2013 10:06 AM

The UAE and Bahrain have strongly criticised Iran after Tehran officials issued a statement threatening Bahrain that if it did not apologise for a police raid on the house of a Shia cleric living near...

First Saudi women trained to assemble trucks

  • Monday, 20 May 2013 10:00 AM

Saudi women have broken into yet another male-dominated industry, with 13 women trained to assemble trucks for luxury carmaker Mercedes-Benz.The Juffali Automotive Company in Jeddah has taken on the women...

Dubai's DIFC appoints real estate chief

  • Monday, 20 May 2013 9:51 AM

Dubai International Financial Centre (DIFC) has appointed real estate veteran Brett Schafer to lead its properties division.Schafer, who has more than 30 years of experience in the commercial property...

Dubai Metro lifts more than 33m passengers in Q1

  • Monday, 20 May 2013 9:43 AM

More than 33m commuters rode Dubai’s Metro system during the first three months of the year, the emirate’s transport agency said.Dubai’s Roads and Transport Agency (RTA) did not specify what kind of increase...

Kuwait giant said to win $930m payout in Libya dispute

  • Monday, 20 May 2013 9:29 AM

The largest private business in Kuwait has reportedly won a $930m case against Libya over breach of contract in what is being described as a landmark case.MA Al Kharafi and Sons (Kharafi Group), owned...

Dubai hotel exterior to be covered in 27,000 plants

  • Monday, 20 May 2013 9:17 AM

The Novotel hotel in Dubai’s Al Barsha is currently being covered in around 27,000 plants as part of a six storey ‘Green Wall’ being installed in the lower part of the building’s exterior.The Green Wall...

PSG's Qatari owners turn down Ancelotti's request to leave

  • Monday, 20 May 2013 9:10 AM

The Qatari owners of French football club Paris St Germain have turned down the request of manager Carlo Ancelotti to leave the side to join Real Madrid.Italian Ancelotti, who this season guided to the...

Doha set to launch two new film festivals

  • Monday, 20 May 2013 9:04 AM

Qatar has announced plans for two new film festivals at the Cannes Film Festival, just weeks after it ended its partnership with Robert De Niro's world-famous New York-based Tribeca Film Festival.The Doha...

Etihad finalises deal for three airport services firms

  • Monday, 20 May 2013 8:57 AM

Etihad Airways has said it has finalised an agreement to acquire three airport services companies from Abu Dhabi Airports Company (ADAC).The airline said in a statement that deal will "accelerate and consolidate...

Initiative launched to support Emirati entrepreneurs

  • Monday, 20 May 2013 8:51 AM

A new programme has been launched to help find, nurture and mentor young entrepreneurs in the UAE.Tejar Dubai, which translates as Merchants of Dubai, is a joint initiative between the Private Office of...

‘Every incentive’ for GCC currency, says ex DIFC boss

  • Monday, 20 May 2013 8:35 AM

There is “every incentive” for the six GCC countries to implement a single currency, according to economist Dr Nasser Saidi, with the benefits including lower trading costs and a single Gulf financial...

Emirates A380 wing repairs fall behind schedule

  • Monday, 20 May 2013 8:31 AM

Work on wing modifications to Emirate Airlines’ fleet of Airbus A380s is two months behind schedule due to the delay in the delivery of new replacement aircraft.But the Dubai-based carrier is still confident...

Dubai labourers stage rare strike for more pay

  • Monday, 20 May 2013 8:24 AM

Thousands of workers employed by Dubai's largest construction firm, Arabtec, stayed away from work on Sunday to back wage demands, a rare labour protest in the Gulf emirate, where trade unions are banned...

Tesco clothing brand plans international expansion

  • Sunday, 19 May 2013 5:01 PM

The clothing brand sold by Britain's biggest retailer Tesco said on Sunday it planned to open more than 50 new franchise stores worldwide over the next five years.F&F, which opened its first franchise...

UAE economic growth accelerates to 4.4% in 2012

  • Sunday, 19 May 2013 4:53 PM

Economic growth in the United Arab Emirates accelerated to 4.4 percent in inflation-adjusted terms in 2012 from a downwardly revised 3.9 percent the previous year as activity picked up across all sectors...

Your guide to looking sharp in business

  • Sunday, 19 May 2013 4:14 PM

We might be blessed with warm weather all year round, but as far as the rest of the world is concerned, spring has officially hit the stores this month.Here is a definitive guide to finding your signature...

ITP to publish Conde Nast Traveller Middle East

  • Sunday, 19 May 2013 3:07 PM

Arab Publishing Partners (APP), part of ITP Publishing Group, the Gulf region’s largest consumer and business magazine publisher, and Condé Nast International, have announced the launch of international...

Dubai's Jumeirah announces tie-up with Aston Martin

  • Sunday, 19 May 2013 2:30 PM

Dubai hotelier Jumeirah Group has announced that it will sponsor luxury sports car manufacturer Aston Martin at the upcoming 41 Nurburgring 24-hour race.The race, one of the most prominent in the motor...

Saudi oil exports drop to 7.42m bpd in March

  • Sunday, 19 May 2013 2:25 PM

Saudi crude exports fell to 7.42 million barrels per day (bpd) in March, 34,000 bpd less than in February, as Saudi power sector oil use rose and output edged lower, official figures released via the Joint...

Barclays announces key appointment in Abu Dhabi

  • Sunday, 19 May 2013 1:45 PM

Barclays announced on Sunday the appointment of Haidar Hammoud as head of wealth and investment management for Abu Dhabi. A former Deutsche Bank, Citibank, Standard Chartered and BNP Paribas executive...

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  • 1. Emirates' Tim Clark tops inaugural Brits List
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  • 1. UAE Brit List 2013 revealed
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  • 3. REVEALED: The UAE's 50 biggest companies
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  • 1. Dubai timelapse video goes viral
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  • 3. Lunar meteor crash caught on film
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  • 1. Kuwait to start medical care segregation on June 1
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  • 4. Emirates' Tim Clark tops inaugural Brits List
  • 5. Dubai issues new quake-resistant building rules
This Week's Magazine »
Arabian Business - 2013-05-19

Cover Story

The world according to Badr Jafar
Just about everything Badr Jafar touches turns to golD, formed just seven years ago, his crescent enterprises is raking in over a billion dollars in revenues and is highly profitable. But the young Emirati insists profits are just part of the plan.

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