Nov 20,2012 (Reuters) : Gulf Arab states are looking at ways to help Jordan's ailing economy after a government decision to cut fuel subsidies sent energy prices soaring and led to street protests. The Western-backed kingdom has struggled to reduce...
Middle East Business News Review - A look at today’s important financial news and business updates from the Middle East and North Africa region: Fujairah receives first oil flows through UAE’s Hormuz bypass pipeline A new pipeline connecting Abu Dhabi oil...
DVD Review: This Is Not A Film (2011) – Iran, Farsi language, 75 min. by David Calleja What do you get when two directors get bored and cannot agree on what they want to do? They record each other filming and...
The need of the hour seems to be aid and assistance. With countries like Greece and Spain already seeing protests in their streets, there is a move to get it out as soon as possible to limit the damage...
Worldwide sea piracy levels fell by 54% during the first half of 2012, helped by a massive drop in Somali piracy, an international maritime watchdog said Monday. The International Maritime Bureau said in its report that 'pre-emptive and disruptive counter...
My friend is getting married this season. With a business startup venture that is raking in amazing moolah despite the economic slowdown, a string of intentionally/unintentionally failed affairs, and a Lexus car on top of that, at the age...
The European Commission’s New Year resolution of imposing a limit over carbon dioxide emissions on all the airlines flying to or from Europe airports has created furore in the Aviation Industry. The EU Emissions Trading Scheme (ETS) has drawn howls...
According to Bryan Cruickshank, global head of IT advisory consulting firm KPMG, India?s IT companies and BPO industry has crossed $100 billion mark but the country has still a long way to become truly global power house. ?Indian IT companies...
Cathay Pacific announced on Tuesday it planned to place an order worth up to $4.2 billion at list prices with Airbus for its first customer version of A350-1000 wide body plane, on the second day of the Farnborough Airshow near...
Aristotle, the Greek philosopher said: "Man is a social animal. He who lives without society is either a beast or God". Thus, man is by nature a social animal. Even Aristotle wouldn’t have had any knowledge about the “social...
  Today’s top business news from the Middle East and North Africa: Dubai hotel occupancies drop during Ramadan; Jeddah, Manama, Amman benefit Occupancies at hotels across Dubai dropped to 69.4% in July, plummeting by 11.1% from the same period in 2011, a...
Enhanced airspace capacity, fuel savings and greener aviation form the key deliverables of the Air Space Restructuring Project (ARP) in the Emirate of Dubai Airlines to save USD 14.6 million in fuel consumption and reduce 90,401 metric tons in CO2...
Citizens in the United Arab Emirates believe they enjoy a better quality of life than most of their European counterparts, a market research report said on Wednesday. According to Steve Hamilton-Clark, CEO of TNS MENA, the world's largest custom market...
Dubai's statistics office said on Tuesday the emirate's economy grew 3.4% in real terms in 2011, thanks to strong trade flows and rising tourist numbers. The Middle East's leading economic hub also saw its foreign trade jump by a record 22%...
“Ignorance and prejudice are the handmaidens of propaganda. Our mission, therefore, is to confront ignorance with knowledge, bigotry with tolerance, and isolation with the outstretched hand of generosity. Racism can, will, and must be defeated.” ~Kofi Annan~ The only mistake...
Today’s top business and economy news from the Middle East and North Africa: Guinea, UAE seal bauxite deal Compagnie des Bauxites de Guinee (CBG) and Mubadala Development Company have signed a long-term supply agreement to supply bauxite, the main raw material...
The world is becoming more and more paranoid with itself. The more  homosapiens advance in the field of technology and science the more we want to be “snoops.” At first it seemed that we were obsessed with only the...
Antigua and Barbuda is expecting to see a significant boost in investment and travel from the Middle East. An exclusive exposition style conference is set to take place in October 2016 at Dubai’s Palazzo Versace Hotel highlighting the islands’...
UAE's Vice President and Prime Minister Sheikh Mohammed bin Rashid Al Maktoum on Tuesday launched a AED1bn ($272m) initiative to improve technology in the country's schools. Sheikh Mohammed, also the ruler of Dubai, announced the initiative at the launch of...
Middle East Business News Review - A look at today’s important financial news and business updates from the Gulf, Levant and North Africa regions of the Middle East: UAE, GCC economy to witness robust growth despite geopolitical challenges The UAE will...
India is in throes as it posts slow economic growth, below 7% for the 2011-12 financial year. The figure for 2010-11 was 8.4%. According to analysts, high interest rates, political gridlock and the possibility of an oil shock contributed...
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...
Gone with the old and in with the new! Well this is how any new year is welcomed. However 2012, so far, has provided two tech giants with a bag of mixed blessings. Google Inc has seen its share...
  26 years old Stephanie Farah is the latest entrant to Dubai's Entrepreneurial scene. She is the youngest PR Professional to ‘Go Solo in Dubai’. Her company Empyre targets a young audience. Arabian Gazette interviews the enthusiastic (and glamorous) PR...
According to a new mobile phone forecast from the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker, worldwide smartphone shipments will reach a total of nearly 1.3 billion units in 2014, representing an increase of 26.3% over 2013. Looking ahead, IDC...
75% of the survey respondents say women’s rights have increased in their country of residence in recent years, while only 40% feel feel things are going in the right direction. Three quarters (75%) of residents in MENA believe women’s rights...
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...
The UAE’s vice president and ruler of Dubai has announced ambitious investment plans that will give a boost to the Gulf state’s future. The statement from Sheikh Mohammad bin Rashid Al Maktoum said the Gulf state would continue to invest...
Brndstr is an innovation house for brands and agencies. Think of Brndstr as an extension to your company's creative team, and providing with technical solutions. They also help companies with their social tech campaigns. Here is an exclusive interview with...
Airbus suffered a fresh setback when Etihad cancelled a second batch of orders worth $2.2 billion for 7 for its A350-1000. According to a statement released by Airbus, Etihad revised its order tally for the 350-seat A350-1000 wide-body in April in addition to...
A senior Qatar central bank official on Thursday urged Gulf Arab states to press on with their own monetary union project, while learning lessons from the eurozone. “I think that the GCC (Gulf Cooperation Council) countries should benefit from the euro...
The surprisingly low turnout of 24 September FNC elections has got the newspapers talking. Gulf News' reported that many observers blame the lack of electoral culture among a large segment of citizens. Limited mandate of the FNC, lack of publicity...
Preliminary statistical data of FCA confirmed that the UAE's general trade volume (total volume of UAE non-oil foreign trade and trade of free zones) in the first half of 2012 recorded a 11.1% increase by Dhs71.7bn from Dhs646.7bn to...
There seems to be an overheating going on in the Saudi economy as the country is primarily depending on a limited sources of income. The dependence on oil primarily does mean that the rising commodity prices can lead to...
There has been a lot of buzz in Dubai over the past few weeks about highly desirable real estate projects that are being launched and sold out within days or even hours of being released. This is not to...
As the next round of talks get underway, it seems that Angela Merkel has to play the devil’s advocate in front of more than one crowd. The German Chancellor says she is willing to aid Greece in every way...
Powered by Dual front camera (24MP+2MP) and new f/2.0 wide aperture lens, HUAWEI nova 3 series promises Artificial Intelligence selfies Huawei has announced the launch of its new HUAWEI nova 3 and HUAWEI nova 3i in the UAE. Both smartphones...
SWIFT, world's largest electronic payment system, this weekend severed 30 Iranian banks that have been blacklisted by the EU under the economic sanctions programme. SWIFT says the 'extraordinary' and 'unprecedented' move will have a deep impact on the Islamic...
Qatar General Secretariat for Development Planning (GSDP) said on Monday it expected the country's economic growth to slow to 4.5% in 2013 from a projected 6.2% this year, due to looming risks in the global economy, particularly in the euro zone. The...