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THREE COUNTRIES IN TOP 10
GCC dominates global luxury spending index
Qatar, Saudi Arabia and Kuwait ranked in the top 10 of a global luxury index, performing especially well on the basis of their propensity to spend on imported luxury goods and healthy appetite for premium travel, a report said.
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SWINE FLU SPREAD
UAE warns citizens against India travel
UAE's Ministry of Foreign Affairs (MoFA) has warned citizens against travelling to India due to the widespread cases of swine flu (H1N1 influenza) in different regions of that country.
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QATAR, SAUDI MULL PURCHASE
US considering possible Middle East missile defence
The US military is considering sending its THAAD missile defence system to the Middle East, a senior US Army general said on Wednesday, citing what he called an urgent need to respond to foes with missile systems and the will to use them.
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SPECIAL REPORT
Aliens? Russian thieves? MH370 theories linger
A year on from the disappearance of Malaysia Airlines Flight MH370, an extraordinary amount of key data remains unknown - fuelling conspiracy theories and heated online debate about one of aviation's biggest mysteries.
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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.
Top Trade News
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6 new museum projects planned in Bahrain
Six new museums are among major projects planned by the Bahrain Authority for Culture and Antiquities, its president Shaikha Mai bint Mohammed Al Khalifa has said.
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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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Bapco, EMC sign deal for centralised backup environment
Bahrain Petroleum Company (Bapco) and EMC have signed an agreement under which the refining major gets a centralised, tapeless backup environment using EMC's 'next generation data protection solutions.’
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Sedco Capital plans to start feeder fund
Jeddah-based Islamic investment firm Sedco Capital plans to launch a Luxembourg feeder fund for its Gulf money market fund and is exploring ways to offer a Saudi-specific product to international investors, its lead fund manager said.
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Aliens? Russian thieves? MH370 theories linger
A year on from the disappearance of Malaysia Airlines Flight MH370, an extraordinary amount of key data remains unknown - fuelling conspiracy theories and heated online debate about one of aviation's biggest mysteries.
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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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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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BIBF to launch pioneering Islamic sector course
The world's first training course on the convergence of Islamic capital and halal food and Muslim lifestyle sectors will be available in Bahrain from May.
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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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