CREATIVE INDUSTRY FIRST: DUBAI TO GET A TASTE OF FLUX INNOVATION Engage Works and StartJG unite to launch Dubai’s first ever tech innovation lounge Interactive technology group Engage Works and strategic brand design agency StartJG bring the Flux Innovation Lounge to...
Starting from the very first steps of human evolution, footprints offered?information crucial for the survival. Finding and tracking down the footmarks left by the animals guaranteed food for our ancestors. This is the reason why these little signs on...
It seems like that even though the Greek debt crisis has been going on forever, the leaders are now finally getting to terms with the beast that is on their hands and they are now getting to terms with...
Emirates Airline, Dubai's flag carrier, has hinted it is keeping its investing options open in India amid signs New Delhi is moving toward overhauling country's ownership rules. “Anything to do with the aviation, if it’s at the right price, we...
The first time I became fully aware of the grandiosity of the firmament above was as a teenager, on a trip to New Mexico, USA with my dad. Coming home from a dinner to our ruggedly charming rented bungalow...
Omani utilities sector, funded by both private and foreign investors, is set to get a major boost as the construction of 16 power and water projects worth $3.1bn will increase water desalination capacity in the country, improve wastewater treatment...
The concept of World Expos predates to the mid-19th century with the inaugural Great Exhibition conducted in London in the year 1851. Since 1928 however, World Expos have been conducted by the Bureau of International Expositions (BIE) head-quartered in...
United Arab Emirates' aviation policies have won praise from an unexpected quarter. In the past, major European, Australian and US-based airlines have been bickering about Middle Eastern air carriers, especially Dubai's Emirates Airline, getting 'unrelented' government support and subsidies. Willie...
Middle East Business News Review – A look at today’s important financial news and business updates from the Middle East and North Africa MasterCard Index survey reveals UAE consumer confidence highest since 2009 Consumers in the UAE are very optimistic in...
The discovery of oldest Qur'an fragment in Birmingham is a moment of excitement and reflection for the modern Muslim world. For the world's 1.6 billion Muslims, Qur'an provides a rich experience of devotion and knowledge that has transcended languages &...
UAE oil reserves to drop by 5.8bn barrels in next 4 years Increased production is set to bring decline to the UAE's proven oil and gas reserves over the next few years, a recent report revealed. Click here to read more. Emirates’ executive...
Dubai-based Emirates named the world's best airline brand When one travels aboard an aircraft, there are certain subtle and personalised services that one looks out to experience to make his travel interesting and exciting. Any airline that caters to all...
The creation of Mortgage Backed Securities (MBS) and Collateralised Mortgage and Debt Obligations (CMOs and CDOs) were lauded when they were created. They were based on the basic blueprint of a financial product. It is like having a way...
Reports suggest troubled British banking giant, Lloyds TSB, is contemplating to sell its UAE operations with Abu Dhabi Commercial Bank (ADCB) emerging as the strongest contender. "With all the investment which local banks are putting in, it's increasingly difficult...
Bagging the title as a ?Tech Wunderkind?, Pete Cashmore has made millions of dollars that matches well with his last name. And he is all set to go miles more to change the way technology and social media is...
  Abu Dhabi Tourism and Culture Authority recently released their performance figures for the first quarter of this year. The Q1 performance has been commendable and has shown across-the-board growth in guest numbers, guest nights, average-length-of-stay and revenues. A comprehensive detail of...
Research In Motion is not on Samsung Electronics Co's immediate shopping list, but the ailing Blackberry maker may still be attractive to Asian smartphone makers looking to compete against Google's Android, the world's fastest growing mobile platform. Samsung said on...
Mixed Reality. A new Change is coming. And its big. 2016 was the year of Virtual Reality (VR). With the emergence of so many players in the market be it Oculus with their rift headset or HTC with its Vive...
Today’s top business and economy news from the Middle East and North Africa: Abu Dhabi posts fastest economic growth in 2011 Data released by the Abu Dhabi government showed on Sunday the capital city’s economy grew 6.8% in inflation-adjusted terms last year,...
The Saudi cabinet gave its nod to the country’s mortgage law on Monday for the infrastructure industry on which it is spending around $500 billion to build and develop. The mortgage law stipulates the regulations to establish mortgage companies and...
A look at today's important financial news and business updates from the Middle East region: ATIC invests $2.4m into semiconductors research centre The Advanced Technology Investment Company (ATIC), a wholly-owned subsidiary of Mubadala Development Company is setting up research centre in...
Chinese economy has been expanding at a very slow rate in the past three years. Gross domestic product decline by an annual rate of 0.8% - from 8.9% to 8.1 % - in the first quarter year. The figures...
Facebook is all set to address issues regarding the personal details it collects on its users. Initial signs are that the social networking giant is ready to provide any user with more about the information it stores and tracks. The...
By Ali Hirji Last week, children as young as eight were seen fighting in a cage in the form of popular sport, Mixed Martial Arts, with hundreds of adults cheering them on, as reported by the English newspaper, The Guardian....
Kuwait will spend USD 100 billion on the nation's domestic energy sector over the next 5 years - and for the first time, some of that investment is earmarked for renewable energy. By 2030, 15% of Kuwait’s total energy mix will be...
The UAE Space Agency officially launched its social media platforms in line with the country’s 43rdNational Day celebrations. Twitter, Facebook, Instagram and Google + will all be regularly utilised by the Agency to keep followers, fans and members of the...
The United Arab Emirates' finance ministry said on Monday the state recorded a budget surplus of AED36.2 billion ($9.9 billion) in 2011, as it released the data to public for the first time. The ministry said the figures included the...
Neutral Fuels, Dubai based company has signed an agreement with McDonald's Australia to launch a new biodiesel processing facility in the state of Victoria.Based in Dandenong, new facility situated just outside of Melbourne, will see the conversion of waste...
A new research shows that male life expectancy would be equal to female by 2030, which means that the gap which was very prominent since the records began in 1841, is now set to close in. Professor Leslie Mayhew, a...
From solo trips to leisure trips, from culinary holidays to cold locales. 2018 has it all in store for you. Are you in sync with the latest travel trends? As the 2017 holiday season winds to a close, travel planning for...
Dubai's electricity and water authority (DEWA) announced on Tuesday the emirate is working on the Sheikh Mohammed bin Rashid Al Maktoum Solar Park project which will generate 1,000MW electricity by 2030, and become one of the biggest solar parks...
For the first time, United Arab Emirates (UAE) has implemented Value Added Tax (VAT) on businesses in the country effective from 1st Jan 2018. For companies not complying to the VAT laws and regulations, stiff penalties are imposed ranging...
A look at today’s important financial news and business updates from the Middle East region: UAE Hormuz bypass pipeline ready, export to start in 3 months The UAE’s Oil Minister Mohammad Al Hamli announced on Thursday the strategic oil pipeline bypassing...
By Moign Khawaja Yesterday was Valentine's Day. I'm sure you all know what the day is about and what it entails if you celebrate this day or choose not to. People do or do not observe it for various reasons...
Minister of Planning and International Cooperation said signed or projected foreign grants pledged to the Jordanian government this year, amounting to $365.2 million, would help offset just 12% of the three billion dollars government subsidy on oil. In a statement...
Foodiac - the new “Airbnb for chefs" challenges the dining market in UAE Foodiac, a Finland based start-up marketplace for high-end professional private chefs and allied services, expands its base in UAE. Supported by Turn8-accelarator, the start-up aims to bring...
A Citi Research report said on Thursday oil-rich states are attracting nearly $2 trillion a year, greater in real terms than they saw at the peak of the last oil boom. The flow is expected to continue for the next two-three...
The simmering geopolitical tensions in the crude rich Middle East are having an impact on world oil prices as they hit 2 month highs on Monday. Light sweet crude for delivery in August soared $2.79 to $92.66 per barrel in New...
SAP Launches Talent Search for Innovative Startups Across MENA One of the world’s largest technology companies announced a talent search for entrepreneurs across the Middle East North Africa region to support groundbreaking ideas with a long-term impact for the region...
Visitors from the oil rich Gulf nations are arriving in the UK capital in great numbers, staying for up to a month in their preferred district of Mayfair and block-booking a bunch of top-tier suites and apartments, a Reuters report...