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AL BAKER SLAMS US AIRLINES
Qatar Airways chief eyeing more stakes in BA owner
Qatar Airways would like to raise its stake in the owner of British Airways and Iberia at some point and may invest in other well-run airlines, its chief executive said on Wednesday.
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LARGE DIAMETER PIPE PROJECT
Senaat, Japanese steel giants form UAE JV
Senaat, a leading industrial holding company in the UAE, has entered into a joint venture with a consortium of two leading Japanese companies in the steel sector to manufacture and sell large diameter high quality sour grade steel pipes.
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‘ONE-STOP SHOP’ TO LURE FDI
Egypt approves long-awaited investment law
Egypt's cabinet approved a long-awaited draft law on investment on Wednesday, the prime minister said, aimed at making deals less vulnerable to legal disputes or changes in government, and reducing stifling bureaucracy.
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SPECIAL REPORT
One billion new unique mobile subscribers by 2020
An additional one billion people will become mobile subscribers over the next five years, according to a major new report published today (March 4) at the ongoing Mobile World Congress in Barcelona, Spain.
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INTERVIEW
Four Seasons Bahrain - a destination within
The newly opened Four Seasons Hotel Bahrain Bay, a destination in itself with world class facilities and outlets, hopes to bring a qualitative leap in the kingdom’s hospitality sector.
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IMAGE OF THE DAY
Message from Mongolia
Participants from the Mongolia stand check their phones, at the International Tourism Trade Fair (ITB) in Berlin on March 4. The fair has over 10,000 exhibitors from around 190 countries.
Top Trade News
 | Industry Sectors |
Qatari firm delivers $250m underground car park
Qatar-based UrbaCon Trading and Contracting (UCC) said it has handed over a 111,000-sq-m underground car park which is capable of handling 3,000 cars in Doha.
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Apple edges out Samsung in Q4 smartphone sales
Apple Inc sold the most number of smartphones globally in the fourth quarter, overtaking Samsung Electronics Co Ltd for the first time since 2011, according to research firm Gartner.
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Oman's PDO ups crude output above 2015 plans
State-controlled oil producer Petroleum Development Oman (PDO) raised its crude output in the first two months of the year to more than the planned annual average of 570,000 barrels per day (bpd), a top official said.
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Alkhabeer to expand capital markets business
Alkhabeer Capital, a Saudi Arabia-based Islamic investment and advisory firm, plans to expand its discretionary management business and apply for a listing on the Saudi stock exchange later this year, its chief executive told Reuters.
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One billion new unique mobile subscribers by 2020
An additional one billion people will become mobile subscribers over the next five years, according to a major new report published today (March 4) at the ongoing Mobile World Congress in Barcelona, Spain.
More…
Senaat, Japanese steel giants form UAE JV
Senaat, a leading industrial holding company in the UAE, has entered into a joint venture with a consortium of two leading Japanese companies in the steel sector to manufacture and sell large diameter high quality sour grade steel pipes.
More…
Lufthansa plans to offer budget long-haul flights
Lufthansa said it will start long-haul low-cost flights to tourist destinations in places such as Cuba and Thailand under the Eurowings banner from October 25, as it tries to find new ways to grow.
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Etisalat, Ericsson partner to develop 5G technology
Etisalat Group, a leading telecom operator based in UAE, has signed an agreement with mobile network equipment manufacturer Ericsson to develop the next generation of mobile technology: 5G.
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McLaren limits Super Series model to 500 units
The production of McLaren 675LT, the lightest, most powerful and fastest as well as the most exclusive model in the McLaren Super Series, will be limited to just 500 examples worldwide, the British manufacturer said.
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Nissan’s Patrol Pick-up upgraded
Nissan Patrol Pick-up, the four-wheel drive vehicle manufactured by Nissan, has been put through a host of rigorous testing procedures in Saudi Arabia and UAE, resulting in various model improvements to the vehicle.
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February record as third hottest in Bahrain
Last month has gone on record as the third hottest February in Bahrain since 1902.
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DFTC reduces processing fees for Dubai filmmakers
The Dubai Film and TV Commission (DFTC), Dubai and the UAE's premier filming destination for local and international productions, has announced a reduction in processing fees to all filmmakers and producers in Dubai, UAE.
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Online etiquette focus of Bahrain youth forum
Online etiquette and the correct way to behave on social media will be the focus of a major youth conference opening in Bahrain next week.
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Egypt approves long-awaited investment law
Egypt's cabinet approved a long-awaited draft law on investment on Wednesday, the prime minister said, aimed at making deals less vulnerable to legal disputes or changes in government, and reducing stifling bureaucracy.
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