0
LENDING UP
Saudi construction sector booming on new contracts
The Saudi construction sector is poised for significant growth over the next few years thanks to the boom in contract awards and ongoing construction activities coupled with healthy lending appetites by bank, said a report.
1
MILLION RESIDENTIAL UNITS
HUGE DEAL: Arabtec inks $40bn Egypt housing project
Dubai's leading engineering and construction group Arabtec Holding said it has signed a 280 billion Egyptian pounds ($39.7 billion) contract with Egypt’s Defence Ministry for the development of one million housing units across the country.
2
NO CLUE YET
World 'at sea' over missing Malaysian jetliner
Search and rescue planes scoured waters off the southern tip of Vietnam on Monday, searching for any trace of a Malaysia Airlines jetliner 48 hours after it vanished from radar screens with 239 people on board.
3
SPOTLIGHT
Syria healthcare system bleeds as newborns freeze to death
Newborns freezing to death in hospital incubators, doctors cutting off limbs to stop patients from bleeding to death, surging cases of polio: a new report published on Monday paints a dire picture of Syria's collapsing healthcare system.
4
SPECIAL REPORT
Majority of women in news media suffer abuse
Nearly two-thirds of women in the news media have experienced acts of intimidation, threats and abuse in relation to their work, ranging in severity from name-calling to death threats, a report said.
5
IMAGE OF THE DAY
Hoping against hope
Indian sand artist Sudarshan Patnaik applies the final touches to a sand art sculpture he created wishing for the well being of the passengers of Malaysian Airlines flight MH370, on a beach in Puri, in the eastern Indian state of Odisha.
Top Trade News
 | Industry Sectors |
Saudi construction sector booming on new contracts
The Saudi construction sector is poised for significant growth over the next few years thanks to the boom in contract awards and ongoing construction activities coupled with healthy lending appetites by bank, said a report.
More…
Nokia tops UAE mobile handsets market
Nokia enjoyed the largest market share claiming 51.5 per cent in the UAE mobile phone handsets market during the fourth quarter (Q4) of 2013, a figure that has been declining over time, according to a study by the TRA.
More…
ME oil, gas transaction value up 15pc
The value of oil and gas transactions in the Middle East region surged to $3.1 billion in 2013, up 15 per cent when compared to $2.7 billion the previous year led by major upstream players UAE, Oman and Iraq, said a report.
More…
Kuwait Q3 trade surplus hits $23bn
Kuwait's foreign trade surplus widened to 6.4 billion dinars ($22.7 billion) in July-September from a revised 5.9 billion dinars in the previous quarter, data from the Central Statistical Bureau showed on Sunday.
More…
Taking the strain out of Gulf-US flights
Direct flights from the Gulf to America’s East Coast take about 15 hours, followed by lengthy queues at US Customs. Mindful of this, Abu Dhabi International Airport is now offering a pre-clearance facility.
More…
Spinneys to set up distribution centre at Kizad
Leading supermarket chain Spinneys has signed an agreement with Khalifa Industrial Zone Abu Dhabi (Kizad) to open a distribution centre with a dedicated cold storage facility at its logistics cluster.
More…
$40bn investment in Gulf airports likely
Middle East airports have planned massive development projects to meet future demands, with the Gulf states alone investing about $40 billion in infrastrucutre, said the International Air Transport Association (Iata).
More…
Du joins new global cable consortium
Du, a UAE telecom service provider, has joined an international consortium to build South East Asia - Middle East -Western Europe 5 (SEA-ME-WE 5) cable system.
More…
DSG ‘ready to implement Smart Dubai Strategy’
Dubai Smart Government (DSG) Department has affirmed its readiness to comply with the ‘Smart Dubai Strategy’ to convert the emirate into a smart city.
More…
Rolls-Royce to buy key Daimler stake
British engineering company Rolls-Royce said it would fund the purchase of German carmaker Daimler's 50 per cent stake of a jointly owned power systems company using cash and some borrowing.
More…
SARS virus claims one more victim in Saudi
Saudi Arabian health officials have reported one more death from the new respiratory virus related to severe acute respiratory syndrome (Sars), thus taking the death toll in the kingdom to 62.
More…
Hollywood blockbuster 'Noah' faces GCC ban
Three GCC countries - Qatar, UAE and Bahrain, have banned the Hollywood film "Noah" on religious grounds even before its worldwide premiere and several others are expected to follow suit.
More…
UAE ministry seals Microsoft deal
The UAE Ministry of Education has signed a MoU with Microsoft to help the country’s educational leaders get access to the latest editions of advanced technological teaching tools from the software giant.
More…
Top businesswomen in Bahrain honoured
Leading businesswomen in the country were honoured yesterday in a ceremony held at the Ramli Mall.
More…
