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TUNNEL HUNT CONTINUES
Truce crumbles as 40 killed in Gaza, rockets hit Israel
A Gaza ceasefire crumbled only hours after it began on Friday, with at least 40 Palestinians killed by Israeli shelling and Israel accusing militants of violating the US- and UN-brokered truce by firing rockets and mortars.
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LENDERS WARY
Dubai World seeks to revise $25bn debt deal
Economic recovery in Dubai is pushing both creditors and debtors to weigh new strategies in the $25 billion restructuring of state-owned Dubai World, one of the Middle East's largest ever debt deals.
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SMALL NATIONS ‘BIGGEST LOSERS'
WTO’s $1trn customs deal blocked by India’s demands
The World Trade Organization failed on Thursday to reach a deal to standardise customs rules, which would have been the first global trade reform in two decades but was blocked by India's demands for concessions on agricultural stockpiling.
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SPECIAL REPORT
Qatar’s economy brightest in Mena despite distant risks
While the figures may not be as spectacular as they once were, the outlook for Qatar’s economy is still one of the brightest in Mena, with few immediate downside risks, says a special report in The Gulf.
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FOCUS
Taxis, planes and viruses: How deadly Ebola can spread
For scientists tracking the deadly Ebola virus in West Africa, it's not about complex virology and genotyping, but about how contagious microbes - like humans - use planes, bikes and taxis to spread.
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IMAGE OF THE DAY
‘There’s a metro in my house’
A train of subway line 2 runs through a residential building in Chongqing Municipality, on July 31. Subway lines are built in a zigzag manner to fit in with the hilly terrain of the city.
Top Trade News
 | Industry Sectors |
Dubai residential property prices edge up in June
The Dubai Residential Property Sales Price Index for all residential increased by 3.7 points, from 291.3 to 295.0, which marking a rise of 1.28 per cent in June, while prices increased 36.2 per cent year-on-year (y-o-y), a report said.
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Samsung's Q2 profit slides 25pc to $7bn
Samsung Electronics sung said its operating profit fell 24.6 per cent in the second quarter of the year to 7.2 trillion won ($7.03 billion), marking its worst quarterly profit in two years.
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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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WTO’s $1trn customs deal blocked by India’s demands
The World Trade Organization failed on Thursday to reach a deal to standardise customs rules, which would have been the first global trade reform in two decades but was blocked by India's demands for concessions on agricultural stockpiling.
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Data, tech jobs shine as the Internet of Things take off
STEM-related online work takes off as start-ups embrace the Internet of Things, while all things 3D soar on the back of 3D printing advances and SMEs are trusting freelancers with their finances and corporate identity, a report said.
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Adnoc, Khalid Faraaj team wins safety award
The 42 M Aluminium Crew Boats project team for Abu Dhabi National Of Company (Adnoc) and ship operators Khalid Faraaj has been awarded a health safety and environment award by Grandweld Shipyards.
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Bahrain logs 20pc rise in GCC visitors for Eid
Bahrain saw a 20 per cent increase in visitors over the last week as GCC nationals flocked to the kingdom to celebrate Eid, according to official figures.
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Huawei signs global deal with Ranplan
Huawei has signed a global license agreement with Ranplan for planning small cell wireless networks.
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Watchdog panel on senior appointments
A committee is to be set up to regulate senior government appointments, it was declared yesterday.
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McLaren to showcase P1 GTR concept at US event
British high-performance manufacturer McLaren will use its presence at the 2014 Pebble Beach Concours d’Elegance in California to showcase its new track-focused model, the McLaren P1 GTR, in design concept form.
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Scientists aim for new cancer surgery device
Hungarian scientists are aiming for the first prototype of a new device in two years that will help surgeons distinguish between healthy tissue and tumours in a split-second as they operate and remove cancerous tissue precisely.
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Bahrain's 'Summer of Colours' begins today
The Bahrain Summer Festival 2014 begins today with a groundbreaking show at the Bahrain International Exhibition and Convention Centre.
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Gulf Capital invests in school operator
Gulf Capital, a regional alternative investment firm, has announced the completion of an investment in private school operator Evolvence Knowledge Investments (EKI) through Gulf Credit Partners, its regional fund.
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New multilingual hotline for workers in Bahrain
Dedicated hotlines to help low-income migrant workers in Bahrain will soon be launched in up to five languages.
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