Wednesday 30 July 2014

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SETTLE ROW IN IRAQ SAYS JUDGE
Cannot seize Kurdish crude for now: US court

The dispute over a tanker carrying $100 million in Iraqi Kurdish oil took a surprising turn on Tuesday when a US judge said she lacked jurisdiction given the ship's distance from the Texas shore and urged that the case be settled in Iraq.

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1

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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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

TECHNOLOGY
Always misplacing keys, wallet? New apps may help

Finding misplaced keys, wallets and purses could get easier with new apps that take the guess work out of trying to remember where they might be.

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4

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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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

Cannot seize Kurdish crude for now: US court

The dispute over a tanker carrying $100 million in Iraqi Kurdish oil took a surprising turn on Tuesday when a US judge said she lacked jurisdiction given the ship's distance from the Texas shore and urged that the case be settled in Iraq.

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

Twitter's user growth up 24pc in Q2

Twitter's monthly active users rose a better-than-expected 24 percent in the second quarter as the online messaging service mostly succeeded in stemming a dwindling pace of growth, sending its shares soaring after hours.

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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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