Monday 3 August 2015

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KEY TALKS IN DOHA
Iran meddling must stop, Gulf states tell Kerry

Iran's nuclear deal should bring stability and "good neighbourliness" rather than interference, Gulf Arab states told US Secretary of State John Kerry on Monday as they began talks on the merits of its historic accord with world powers.

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1

SCORES INJURED
Syrian jet crashes into market, 27 killed

At least 27 people were killed and dozens injured when a Syrian army fighter jet crashed into a busy marketplace in the rebel-held northwestern town of Ariha on Monday, residents and witnesses said.

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2

FOCUS ON AMERICA
$15bn to flow from Mideast into global real estate

An average of $15 billion per year will flow out of the Middle East into direct real estate investment globally in the near term, according to the latest research from global property advisor CBRE Group.

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3

INSIGHT
Cold brew transforms summertime coffee market

For coffee shops, business usually cools down as the weather heats up. But as the latest craze, cold brew coffee, moves from a hipster infatuation to mainstream staple, that traditional seasonal pattern is changing fast.

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4

ANALYSIS
New cocktails to test limits of cancer drug pricing

New cancer drug cocktails set to reach the market in the next few years will test the limits of premium pricing for life-saving medicines, forcing company executives to consider fresh market strategies.

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5

NEWS IN PICTURES
Taking a closer look

The winners of the Jaguar Design XE Competition got an opportunity to get a closer look at the British brand’s unique collection of beautiful heritage vehicles on a trip to the Jaguar Land Rover Global Headquarters in the UK.

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Top Trade News

icondown

Industry Sectors

Construction & Real Estate

Riyadh office market stable as projects delayed

Riyadh’s office market has remained largely stable over the second quarter of 2015, partially due to further delays in the construction of many of the key projects, a report said.

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Energy, Oil & Gas

Oil hits multi-month lows on record Opec output

Oil extended losses on Monday on worries of oversupply as Opec pumped at record levels in July, while weak China data stoked concerns about slower growth at the world's second largest oil consumer.

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Finance & Capital Market

Mobily shares hit six-year low

Shares in Saudi Arabia's telecommunications firm Etihad Etisalat (Mobily) tumbled to a six-year low as they resumed trading on Monday after the company restated earnings for 27 months and posted a second-quarter loss.

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Analysis, Interviews, Opinions

Cold brew transforms summertime coffee market

For coffee shops, business usually cools down as the weather heats up. But as the latest craze, cold brew coffee, moves from a hipster infatuation to mainstream staple, that traditional seasonal pattern is changing fast.

More…
Industry, Logistics & Shipping

Industries Qatar Q2 profit up 20pc, H1 slips

Industries Qatar reported a 20 per cent increase in second-quarter profit on Tuesday that beat analyst forecasts, although its half-year profit fell because of declining petrochemicals prices versus a year earlier.

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IT & Telecommunications

Ericsson to lead 5G development project

Ericsson, a leader in communication technology and services, has been chosen to coordinate the new METIS-II EU project to develop the overall 5G radio system design and provide recommendations for 5G standardisation.

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Lifestyle

Swiss skin brand launches anti-aging products in UAE

Vinoderm, a well-known Swiss brand developed by Skin Concept Laboratory, has launched in UAE its anti-aging products derived from ‘Pinot Noir’, a variety of elite red grapes cultivated at the foothills of the Swiss Alps.

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Motoring

Want to cut fuel cost? Here are some tips from Ford

Drivers in the UAE can maximise fuel efficiency by following some simple measures and they don’t have to change driving behaviours drastically, a senior Ford executive has said.

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Miscellaneous

Saudi king leaves France after holiday row

Saudi Arabian King Salman left the south of France for Morocco on Sunday, cutting short a planned three-week stay after a petition from some 150,000 residents over the closure of a public beach outside his villa.

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