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Arabian Business: Latest News on the Middle East, Real Estate, Finance, and More

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بالعربية

Author Archives: Staff Writer

(AFP/Getty Images).

Emirates, Qantas boost services to New Zealand

by Andy SambidgeWed 14 Aug 2013Tue 2 Nov 2021

All Emirates flights to Auckland to be operated by A380 from Oct 1; other services improved

New app tells Muslims when, where to pray during flight

by Courtney TrenwithWed 14 Aug 2013Fri 8 Oct 2021

Singapore company develops app for smart phones including in flight reminders

(Photo for illustrative purposes only)

Saudi lingerie shops caught violating women rules

by Courtney TrenwithWed 14 Aug 2013Tue 9 Nov 2021

Total of 2,600 stores not meeting new mandatory requirements to hire women

(AFP/Getty Images - for illustrative purposes only)
Egypt crisis

At least 30 killed in Cairo protest crackdown

by ReutersWed 14 Aug 2013Fri 8 Oct 2021

Armoured vehicles move in alongside bulldozers which began clearing away tents

Policemen keep watch at a polling station in Kuwait City as a Kuwaiti men wait to cast their ballots on July 27, 2013. Kuwaitis were called to the polls today for the Gulf emirates second parliamentary election in eight months with turnout the key issue as the opposition urged a boycott. (AFP/Getty Images)

Fifty petitions lodged against Kuwaiti election

by Courtney TrenwithWed 14 Aug 2013Fri 8 Oct 2021

Claims July 27 poll was unconstitutional, votes miscalculated

Kuwait axes TV show for instigating hatred

by Abdul RawufWed 14 Aug 2013Tue 9 Nov 2021

Gov’t caught off-guard by cleric’s radical new series appearing on state TV

World’s highest earning authors 2013

by Shane McGinleyWed 14 Aug 2013Tue 9 Nov 2021

The list is based on global sales between June 2012 and June 2013 and contains many household names

UAE hotelier offers travel agents diamonds in bid to boost bookings

by Shane McGinleyWed 14 Aug 2013Tue 2 Nov 2021

JA Resorts & Hotels’ incentive programme has resulted in a 5.2% rise in business

Dus new product, Office Connect, has been developed on the basis that connectivity, whether through internet or landline, is a must-have for any new business.
SMEs

New du product speeds up SME connectivity

by Neil KingWed 14 Aug 2013Tue 2 Nov 2021

du’s latest package offers quick, easy and economical solutions to small businesses’ connectivity needs

UAE gov’t bans private emails at work

by Courtney TrenwithWed 14 Aug 2013Sat 13 Nov 2021

New regulation includes use of Hotmail, Gmail and Yahoo!

Saudi Arabia to recruit domestic workers from 9 new countries

by Courtney TrenwithWed 14 Aug 2013Tue 9 Nov 2021

Recruitment agencies warn kingdom not to give in to exporting countries’ salary demands.

Singapore’s Banyan Tree in talks for more MidEast hotels

by Shane McGinleyWed 14 Aug 2013Tue 2 Nov 2021

Negotiations underway for properties in Abu Dhabi, Bahrain and Saudi Arabia

Dubai taxis made 50m trips in first half of 2013

by Shane McGinleyWed 14 Aug 2013Tue 2 Nov 2021

RTA figures show number of trips rose by three percent compared to last year

Few expect the latest negotiations to resolve issues that have defied solution for decades.

Talks resume as Israel frees Palestinians, pursues settlements

by ReutersWed 14 Aug 2013Tue 2 Nov 2021

Diplomacy remained dogged by Israeli plans for more Jewish homes on land the Palestinians claim for a future state

Bahrain protests

Bahrain tightens security ahead of planned protests

by ReutersWed 14 Aug 2013Fri 8 Oct 2021

Largest opposition group said it was not planning to officially join protests although it supported the right to peaceful demonstrations

The court sentenced two of the men to the death sentence but the remaining two, who were minors, were given jail time and ordered to be deported.

Two men given death sentence in Qatar for murder of security guard

by Staff writerWed 14 Aug 2013Tue 2 Nov 2021

Two youths who were involved in the crime were given five year jail sentences and will be deported

Amir Khan poses after his fifth round knockout of Zab Judah in their super lightweight world championship unification bout at Mandalay Bay Events Center on July 23, 2011 in Las Vegas, Nevada. (Getty Images)

Doubts over Dubai Amir Khan boxing match

by Shane McGinleyWed 14 Aug 2013Fri 8 Oct 2021

Plans for December event included building a temporary venue at the base of Burj Khalifa

(Photo for illustrative purposes only)
Egypt crisis

Clashes in Cairo as political crisis drags on

by ReutersTue 13 Aug 2013Fri 8 Oct 2021

Supporters and opponents of ousted Egyptian President Mohamed Mursi battle in the streets

Saudi stock market gains after Eid holidays

by ReutersTue 13 Aug 2013Sat 13 Nov 2021

Dubai bourse also closes higher, suggesting its bull run is not yet stalling

(Photo for illustrative purposes only)

UAE expats to be charged $136 for health cards

by Shane McGinleyTue 13 Aug 2013Tue 9 Nov 2021

Cards entitle holders to a discount on healthcare at government facilities

Shane McGinley

How long before all expats will be told to pay tax?

by Shane McGinleyTue 13 Aug 2013Thu 7 Oct 2021

The US already targets those living abroad. How long before cash-strapped London follows suit?

Abu Dhabi’s Aldar says CEO is stepping down

by ReutersTue 13 Aug 2013Sat 13 Nov 2021

Developer says Sami Asad will leave on August 15; has been CEO since 2010

Rotana Jet launches flights from Abu Dhabi to Salalah

by Shane McGinleyTue 13 Aug 2013Sat 13 Nov 2021

Charter schedule will operate during August and September for the Khareef Festival

Saudi’s Alkhabeer to seek stock market listing

by ReutersTue 13 Aug 2013Tue 9 Nov 2021

Islamic investment company also plans to broaden portfolio around the Gulf region

Dubai’s Abraaj invests in Indian healthcare firm

by Andy SambidgeTue 13 Aug 2013Tue 9 Nov 2021

Private equity company invests in Rainbow Hospitals which is looking to expand across India

Ilyas & Mustafa Galadari Group have announced the next partnership for the IMG Theme Park, called ‘The Lost Valley’

Construction work starts on Dubai theme park

by Shane McGinleyTue 13 Aug 2013Tue 9 Nov 2021

First rides to be shipped to the UAE later this year for Dubai City of Arabia development

Emirates set to launch fifth Pakistan route

by Andy SambidgeTue 13 Aug 2013Tue 2 Nov 2021

Dubai carrier says it will start four weekly flights to city of Sialkot from November 5

Abu Dhabi-backed Carlyle in $1.39bn deal to sell aerospace firm

by Shane McGinleyTue 13 Aug 2013Tue 9 Nov 2021

Aerospace communications firm Arinc has been sold to Rockwell Collins

Barclays reviews UAE retail business for potential sale

by ReutersTue 13 Aug 2013Sat 13 Nov 2021

UK banking giant says review is still at a preliminary stage and no decision has been made

The UAE central bank has conditionally lifted a ban on transfers between banks of personal loans to nationals.
Banking & Finance

UAE lifts ban on loan transfers for nationals

by ReutersTue 13 Aug 2013Tue 9 Nov 2021

The conditions will help avoid abuses and better regulate loan transfers, say bankers

Muslim youths participate in the 2nd annual New Horizons gathering on June 5, 2011 in the Brooklyn borough of New York City. New Horizons, which is associated with the Muslim Alliance of New York, looks to bridge the Islamic faith with the struggles and pressures facing American youths. The one day event features a variety of speakers and

Global Islamic Economy Summit to debut in Dubai

by Neil KingTue 13 Aug 2013Tue 9 Nov 2021

SME development will be among the key issues to be discussed at high-profile summit

Around 1.5 million Haj pilgrims come by air to visit the holy sites in the kingdom each year.
Transport

Saudi threatens to ban airlines who leave pilgrims without return flights

by Staff writerTue 13 Aug 2013Tue 2 Nov 2021

A new memo also bans airlines which are blacklisted by European authorities

Irish celebrity chef Rachel Allen.

Irish celebrity chef Rachel Allen expands east

by Shane McGinleyTue 13 Aug 2013Tue 9 Nov 2021

Has signed deals for products in Singapore, Kuala Lumpur, Dubai, Abu Dhabi and Istanbul

Abu Dhabi doubles capital for development fund to over $4bn

by Shane McGinleyTue 13 Aug 2013Tue 9 Nov 2021

The Abu Dhabi Fund for Development has supported 325 development projects in 59 countries around the world

Israel names Palestinians to be freed before peace talks

by ReutersTue 13 Aug 2013Sat 13 Nov 2021

Negotiations due to resume on Wednesday as US urges sides “not to react adversely” to settlements

Statue of liberty, US flag

US eyeing Syrian opposition alliances, chemical weapons moves

by ReutersTue 13 Aug 2013Fri 8 Oct 2021

Washington to discuss more military collaboration in Jordan

Bahrain protests

Bahrain will “forcefully confront” planned August 14 protests – PM

by ReutersTue 13 Aug 2013Sat 13 Nov 2021

Government has banned protests and toughened anti-terrorism laws, including imposing longer prison terms and stripping perpetrators of Bahraini nationality

Transport

Etihad and equity partners in talks for group plane order

by Shane McGinleyTue 13 Aug 2013Sat 13 Nov 2021

Abu Dhabi carrier said negotiations with aircraft manufacturers Airbus and Boeing are in the “final stages”

Transport

Porsche announces arrival of new Panamera in the UAE

by Salma AwwadTue 13 Aug 2013Sat 13 Nov 2021

Ten new models landed in the UAE market on August 11th as part Panamera’s new range

Saudi blogger sentenced to 600 lashes not hopeful about appeal – lawyer

by Shane McGinleyTue 13 Aug 2013Sat 13 Nov 2021

Raif Badawi avoided the death penalty but was sentenced to more than seven years for “insulting Islam”

British Michelin star chef to open Dubai venue in 2014

by Shane McGinleyTue 13 Aug 2013Thu 7 Oct 2021

Jason Atherton helped launch Gordon Ramsay’s Verre restaurant

Deutsche, HSBC tussle with Saudi telco on $1.2bn loan

by ReutersTue 13 Aug 2013Sat 13 Nov 2021

Lenders are looking at potential losses of up to $600 million, banking and industry sources said

Real Estate

Dubai’s Emaar doubles housing and land sales

by ReutersMon 12 Aug 2013Sat 13 Nov 2021

Developer behind the Burj Khalifa generated revenue of AED1.63bn ($443.78m) in the three months ending June 30

Libya’s two largest oil export terminals closed again

by ReutersMon 12 Aug 2013Sat 13 Nov 2021

Armed guards who were previously on strike re-impose closure

Al Qaeda claims bombings in Iraq, warns of more

by ReutersMon 12 Aug 2013Thu 7 Oct 2021

Bombings marked deadliest Ramadan in years and warned government to stop arresting suspected militants

Transport

Infiniti set to reveal new Q30 concept car in September

by Salma AwwadMon 12 Aug 2013Sat 13 Nov 2021

Japanese automaker to stage the world premiere of its latest concept car at the Frankfurt Motor Show

(ITP Images - for illustrative purposes only)

Dubai’s DPG plans eight new mosques

by Andy SambidgeMon 12 Aug 2013Tue 9 Nov 2021

Dubai Properties Group allocates plots in many of its master developments

(Photo for illustrative purposes only)
Egypt crisis

Mursi backers call for marches to foil Egypt crackdown

by ReutersMon 12 Aug 2013Fri 8 Oct 2021

Supporters of deposed President call for action as action looms to clear protest camps

Top five Euro leagues protest at Qatar 2022 winter switch

by Shane McGinleyMon 12 Aug 2013Sat 13 Nov 2021

Chairman of the European Professional Football Leagues sends letter to FIFA president Sepp Blatter

(Photo for illustrative purposes only)

Bahrain plans country’s first floating market

by Shane McGinleyMon 12 Aug 2013Thu 7 Oct 2021

Site for the plan needs UNESCO approval as it is located at world heritage site

UK law firm picks Dubai for Gulf launch

by Ed AttwoodMon 12 Aug 2013Tue 9 Nov 2021

Fenwick Elliott to open office in UAE in early 2014 after 24% revenue rise in last financial year

Dubai Police said it is planning to launch a series of campaigns to raise awareness of the importance of better driving.

Dubai Police log 25,000 emergency calls over Eid

by Staff writerMon 12 Aug 2013Tue 2 Nov 2021

Nearly 1,600 accidents were reported over the holiday weekend

Saudi fund helps set up more than 6,000 SME jobs

by Neil KingMon 12 Aug 2013Tue 9 Nov 2021

Centennial Fund also signs deals to bring funding for new businesses to close to $667m

British shirtmaker to open 26 stores across Gulf

by Ed AttwoodMon 12 Aug 2013Tue 9 Nov 2021

Hawes & Curtis ties up with the UAE’s Korath Holding in $5m deal for shops in GCC

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