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  • Saudi postpones aviation licenses

    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
  • 09 iran sanctions

    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 Banking Regulator

    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 allowing foreign investment

    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
  • Dubai plans Theme Park Complex - illustrative

    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
  • Egypt - Market place in Cairo

    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
  • Shiekh Mohd (Prime Minister)

    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