Tuesday 29 July 2014

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CLASS 2 BUILDINGS EXCEL
Dubai industrial rents continue to recover in H1

Dubai industrial rents were up strongly during the first six months (H1) of 2014 compared to a year, with seven of the nine major nine districts experiencing double digit growth, a report said.

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1

IT'S SMUGGLING SAYS BAGHDAD
US court orders seizure of Kurdish crude cargo

Acting on a request from the central government in Iraq, a US judge has signed an order telling the US Marshals Service to seize a cargo of oil from Iraqi Kurdistan aboard a tanker off the coast of Texas, court filings showed.

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2

RAPID GROWTH TARGET
IMF agrees on $5bn credit line for Morocco

The International Monetary Fund said on Monday it will provide Morocco a $5 billion credit line to help the North African country pursue a reform agenda to achieve rapid and more inclusive economic growth.

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3

ANALYSIS
A nation in peril - Iraq's struggle to hold together

Iraq's latest - and gravest - crisis erupted when Sunni fighters swept through the north last month. The country now faces a real threat of a three-way split.

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4

COLUMN
Time to be afraid - preparing for big solar storm

The probability of a solar storm striking Earth in the next decade with enough force to do serious damage to electricity networks could be as high as 12 per cent, according to solar scientists.

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5

IMAGE OF THE DAY
Saving what remains

A Palestinian firefighter extinguishes a fire following what witnesses said was an Israeli air strike on a house in southern Gaza on July 29. Israel knocked out Gaza's only power plant and pounded dozens of high-profile targets on Tuesday.

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Top Trade News

icondown

Industry Sectors

Construction & Real Estate

OHL to sue Qatar Foundation over Sidra project

Spanish contractor Obrascón Huarte Lain (OHL) is planning legal action against Qatar Foundation, a leading education and cultural organisation in the country, related to a major project, reports said.

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Retail & Wholesale

Samsung delays new smartphone launch

Samsung Electronics yesterday (July 28) said it would postpone the roll-out of its new smartphone based on Tizen, a home-grown operating system aimed at breaking away from Google's Android system.

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Energy, Oil & Gas

US court orders seizure of Kurdish crude cargo

Acting on a request from the central government in Iraq, a US judge has signed an order telling the US Marshals Service to seize a cargo of oil from Iraqi Kurdistan aboard a tanker off the coast of Texas, court filings showed.

More…
Finance & Capital Market

IMF agrees on $5bn credit line for Morocco

The International Monetary Fund said on Monday it will provide Morocco a $5 billion credit line to help the North African country pursue a reform agenda to achieve rapid and more inclusive economic growth.

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Analysis, Interviews, Opinions
Industry, Logistics & Shipping

Asry's rig division eyes opportunities

Ship and rig repair yard Asry's offshore rig repair division is preparing for a possible market surge, chief executive Nils Kristian Berge has said.

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Travel, Tourism & Hospitality

Emirates to avoid Iraqi airspace as violence rises

Dubai's Emirates airline said it will avoid Iraqi airspace, as the government in Baghdad struggles to contain Islamic insurgents who have captured vast areas of the country.

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IT & Telecommunications
Government & Laws

'Some Bahrain firms seizing worker IDs'

A worrying new trend has emerged of unscrupulous employers confiscating all their workers' identity documents in Bahrain, according to a noted rights activist.

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Motoring

Bahrain dealer holds Jaguar Land Rover show

Euro Motors, the exclusive dealer for luxury automotive manufacturer Jaguar Land Rover in Bahrain, is showcasing a wide range of its luxury vehicles at the City Centre Bahrain, a major shopping and leisure destination.

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Health & Environment

WHO shocked by hits on health services in Gaza

The World Health Organization (WHO) has been appalled by the continuing trend for healthcare facilities, staff and vehicles to come under direct fire in Gaza since the escalation of violence on July 8.

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Media & Promotion

Lux set to host glamour event in Dubai

Lux, one of Unilever's beauty brands, is set to hold a fashion and glamour event in Dubai, which will offer two lucky Lux consumers the chance to become high-end fashion designers.

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Education, HR & Training

Aviation firm to offer pilot training in region

Airways Aviation, a major flight training academy, has announced plans to launch its Pilot Training Foundation program in the UAE, Jordan, Montenegro, Lebanon, the UK, Australia and Malaysia.

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Miscellaneous
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