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LESS STRINGENT REGULATION
Dubai mulls rule change to woo domiciled funds
Dubai is planning regulatory reforms to persuade more funds to base themselves in its financial centre, though experts believe that other parts of its investment environment may also need to change for the emirate to compete globally.
1
EMERGENCY AID
UAE, Abu Dhabi roll over $20bn of Dubai's debt
Abu Dhabi and the central bank of the United Arab Emirates have agreed to refinance $20 billion of debt that was extended to the Dubai government as emergency aid during its financial crisis and comes due this year, Wam said.
2
MVNO LICENCE
Virgin Mobile to launch Saudi service by June
Virgin Mobile Middle East & Africa (VMMEA) said it expected to launch telecommunications services in Saudi Arabia in the first half of 2014 after the industry regulator gave it a licence.
3
SPECIAL REPORT
GenNext digital cities – The only way forward
With 70 per cent of the world’s population set to live in cities by 2050, the governments in the Mena region must – imperatively – start utilizing the tools of digitization to better meet the challenges of urbanization, said a report.
4
SPECIAL REPORT
Egyptian militants play cat-and-mouse game in Sinai
Egypt's army says it is crushing Islamist militants in the Sinai Peninsula, but in the region's villages and towns a victory for the state feels a long way off.
5
IMAGE OF THE DAY
Colour full!
Children take part in Holi celebrations in the southern Indian city of Chennai. Holi, also known as the Festival of Colours, heralds the beginning of spring and is celebrated all over India.
Top Trade News
 | Industry Sectors |
Investors pull out of $65m Bahrain project
Investors have pulled out of a BD25 million ($65.9 million) development project on the coast of Muharraq, despite months of negotiations with government bodies.
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Emaar to list shopping malls & retail subsidiary
Leading Dubai developer Emaar Properties has announced plans to list its shopping malls and retail subsidiary, marking one of the largest public offerings in the region since 2008.
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300 oil and gas firms to showcase products at Dubai event
More than 300 exhibitors from over 25 countries are set to showcase their products and services at an international trade exhibition for onshore and offshore oil, gas and petrochemical industries from tomorrow (March 17) in Dubai.
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Saudi inflation plunges to four-year low
Saudi's annual headline inflation hit a four-year low of 2.8 per cent in February from 2.9 per cent the previous month helped by a fall in food prices, said a report.
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GenNext digital cities – The only way forward
With 70 per cent of the world’s population set to live in cities by 2050, the governments in the Mena region must – imperatively – start utilizing the tools of digitization to better meet the challenges of urbanization, said a report.
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Experts to discuss aviation issues at Abu Dhabi summit
Leaders from aviation, aerospace, defense and space industries will meet in Abu Dhabi to debate the most crucial issues faced by their sectors.
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Novotel Abu Dhabi Al Bustan opens
Located in the heart of Abu Dhabi and just 20 minutes from the airport, Novotel Abu Dhabi Al Bustan opened its doors today (March 16).
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Etisalat unveils cloud solution for businesses
The UAE’s Etisalat has launched its cloud digital signage solution, designed to address the advertising and promotional needs of business customers - from large enterprises to SMBs. The telecom major said it has partnered wi
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UAE police departments get ISO certification
The UAE interior ministry said all the police departments across the country have obtained the international ISO 9001:2008 certification, giving their practices the stamp of quality.
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New Peugeot showroom opened in Qatar
Almana Motors Company, the sole dealer and distributor for Peugeot in Qatar, has opened a new showroom in Doha featuring the automaker's full range of models.
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Unrest trauma on rise in Bahrain
An increasing number of Bahrainis and expatriates are still seeking help for anxiety - three years after unrest erupted in the country, according to a senior consultant psychiatrist.
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Dubai arts consultancy wins major hotel deal
Dubai-based arts consultancy Capsule Arts and the Giles Miller Studio have been awarded a large scale art commission by Majid Al Futtaim Properties to feature in the main lobby reception of Kempinski Hotel Mall of the Emirates.
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Gulf education expo brand enters Mexico
The 2014 edition of the Gulf Educational Supplies and Solutions (GESS) and Global Education Forum (GEF) concluded successfully, chalking up new milestones on its 7th year including a brand expansion into Mexico.
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Egypt food subsidy bill to total $4.3bn this year
Egypt's food subsidy bill will be 30 billion pounds ($4.31 billion) this year, an amount that is expected to remain stable in the next fiscal year that begins in July, the new supplies minister said, pledging to tackle a smuggling "mafia".
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