Stretching out Dubai Mall even farther
Emaar Properties said plans to expand its Dubai Mall with high-end fashion stores, hotels and luxury homes had been finalised and work…
November 29, 2012 3:43-
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Full foreign ownership in 2012 unlikely – UAE
Currently foreign companies are allowed only 49 per cent ownership outside of designated "free zones".
November 29, 2012 2:59 -
Kuwait could ban 100,000 from travelling
Kuwait could ban nearly 100,000 of its residents from leaving the country for failing to pay dues owed to the state,…
November 29, 2012 10:28
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Emirati women hallmarks of national identity
Emirati women are fast establishing themselves as an integral part of the nation’s workforce with 55 per cent of young women between 25 and 34 years of age currently employed.
November 29, 2012 9:52 -
UAE Internet dissent law shuts door to free speech – HRW
Social networking sites have enlivened public discourse in the UAE, a major oil exporter and business hub, where state media are tightly controlled and freedom of speech restricted.
November 29, 2012 9:09 -
Saudi postpones new aviation licenses
Saudi Arabia’s General Authority for Civil Aviation (GACA) has postponed awarding new carrier licenses until the end of this year as it…
November 29, 2012 8:51
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US Senate works on new package of sanctions
New sanctions aimed at reducing global trade with Iran in the energy, shipping and metals sectors may soon be considered…
November 28, 2012 2:11 -
Gulf regulators need guidance on Basel III
Suwaidi said he was concerned by a proposal requiring banks to hold additional common equity tier-one capital to meet higher loss absorbency requirements under Basel III.
November 28, 2012 9:16 -
Etisalat supports Sim Card ban
Etisalat, the United Arab Emirates’ No. 1 telecom operator, is committed to its Saudi Arabian affiliate Mobily, the former monopoly’s CEO…
November 27, 2012 2:01
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Dubai announces $2.7 billion theme park complex
Located near Dubai's Jebel Ali port area, the complex is to include an adventure park featuring Hollywood brands, a marine park, a children's park and a night safari.
November 27, 2012 8:57 -
Mursi very optimistic about crisis
President Mohamed Mursi is “very optimistic” that Egyptians will overcome the country’s political crisis, his spokesman said on Monday, referring…
November 27, 2012 8:55 -
Dubai Group cuts half of its staff
Dubai Group, part of the ruler of Dubai’s personal empire, has cut half its staff of about 30 people as part…
November 27, 2012 8:53
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Crown Prince reassures Saudis about King’s health
Saudi Crown Prince Salman “reassured” Saudis during a cabinet meeting on Monday about King Abdullah’s health, more than a week after the…
November 27, 2012 8:50 -
Senior bankers leave BofA’s MidEast ops
The head of Bank of America Merrill Lynch’s Middle East and North Africa unit has left following an overhaul of the U.S. lender’s regional…
November 27, 2012 8:48 -
Turkish Airlines looking at aircraft financing
Turkish Airlines confirmed on Monday it is looking at several options to finance buying additional aircraft, including leasing arrangements and…
November 26, 2012 4:09
