Friday 4 September 2015

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AIMED TO SHORE UP RELATIONS
Saudi king to meet Obama amid Gulf concerns over Iran deal

Saudi King Salman will meet with US President Barack Obama in Washington on Friday to seek more support in countering Iran, as the Obama administration aims to use the visit to shore up relations after a period of tensions.

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1

INVESTORS TURN CAUTIOUS
Oil prices dip on caution ahead of US jobs data

Oil prices eased on Friday as investors turned cautious ahead of US jobs data that is expected to play into the Federal Reserve's decision on the timing of any US rate hike.

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2

SOLAR-POWERED PROJECT
London firm to design desert eco-retreat in UAE

Baharash Architecture, an award-winning design studio based in London, UK, has won a contract to design a solar-powered luxury desert eco-retreat in the Liwa region of the UAE.

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3

ANALYSIS
New approach to old alliance for Saudi King and Obama

Saudi Arabia's King Salman will meet US President Barack Obama on Friday, aiming to push him for more support in Riyadh's efforts to counter Iran after it agreed to a nuclear deal that will relieve Tehran of some international pressure.

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4

SPOTLIGHT
Saving migrant workers from slavery -TripAdvisor-style

Contratados.org, a site for migrants from Mexico working in the US, is described by the founding labour rights group as a TripAdvisor for migrant workers, many of whom pay large fees to agencies but are then trapped in abusive employment.

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5

NEWS IN PICTURES
Alessandra in Venice

Brazilian top model Alessandra Ambrosio poses at the Lido Beach ahead of the 72nd annual Venice International Film Festival, in Venice, Italy.

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Top Trade News

icondown

Industry Sectors

Construction & Real Estate
Retail & Wholesale

Saudi groups plan $320m shopping complex

Saudi-based Raj Real Estate company, a subsidiary of Al-Rajhi United, and Baseel property company, have announced plans to develop a SR1.2 billion ($320 million) shopping complex - The Riyadh Walk.

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Energy, Oil & Gas

Saudi Khurais oilfield expansion delayed

The expansion of Saudi Arabia's Khurais oilfield is expected to be delayed from the originally planned time-frame of 2017 and the start-up date is now unclear, industry sources said.

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Finance & Capital Market

Bahrain banks ‘ready to face global headwinds’

Bahrain’s banks have strong liquidity and capital buffers that would enable them to tide over global headwinds due to continuing low oil price and low growth expectations, experts from ratings agency Moody’s Investors Service said.

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Analysis, Interviews, Opinions

Selfie madness: too many dying to get the picture

The rise of selfie photography in some of the world's most beautiful, and dangerous, places is sparking a range of interventions aimed at combating risk-taking that has resulted in a string of gruesome deaths worldwide.

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Industry, Logistics & Shipping
Travel, Tourism & Hospitality
Lifestyle

New BMW 3 Series to launch in Bahrain

Euro Motors, the official BMW Group importer in Bahrain, said the new BMW 3 Series will go on sale in showrooms across Bahrain this month.

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Health & Environment
Media & Promotion

Google redesigns logo for the fifth time

Google unveiled a redesign of its iconic logo on Tuesday, the fifth such modification since the search engine giant started in 1998, the company said in a blog post.

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Education, HR & Training

War stops 13 million from going to school in Mena

Conflicts across the Mena are preventing more than 13 million children from attending school, leaving their hopes and futures shattered, the United Nations Children's Fund said in a report issued on Thursday.

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Miscellaneous

Bahrain delays plan to cut meat subsidy

Plans to scrap meat subsidies have been postponed for another month in Bahrain as MPs and the government continue to review the effect that the move will have on citizens.

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