Saturday 19 April 2014
 
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Plans

Oman pulls out of Gulf Union plans

Oman will not be part of the proposed Gulf Union as there are other important issues for the Sultanate that needed to be addressed, said its Foreign Affairs Minister Yusuf bin Alawi bin Abdulla yesterday (December 7) at the ongoing Manama Dialog

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Bahrain draws up new plans for Gulf Air

The Bahrain government has drawn up radical plans for the future of Gulf Air that could have massive consequences for the airline and its staff. The government has come up with four proposals: Dissolve the airline altogether, sell it off a

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Etisalat says no plans for foreign acquisitions

Etisalat has no immediate plans for foreign acquisitions, although it recently scrapped a bid to buy a rival in Kuwait, the UAE telecoms operator's chairman said on Monday. The former monopoly is active in 18 countries, yet about thre

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Samsonite unveils big plans for Bahrain

Global luggage manufacturing major Samsonite has announced plans to boost its presence in Bahrain and capture a larger chunk of the market share. Samsonite India, Middle East and East Africa managing director Subratta Dutta said Bahrain ha

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Dubai sets up team to develop financial plans

Dubai's government has set up a team to draw up the emirate's financial plans for the 2011-2014 period, improve spending efficiency and develop new revenue structures, the government said. Dubai unveiled a $9.5 billion rescue plan

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Some Emiratis 'glad Dubai's big plans dented'

Dubai nationals were alarmed by the fallout from the emirate's debt standstill, but many hope the crisis may stem the torrent of foreigners into the Gulf city, where locals are outnumbered ten to one. The freewheeling emirate

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Flu fears grip Bahrain travellers

Over a third of Bahrainis have changed their travel arrangements out of fear of catching swine flu, while a quarter of them scrapped their travel plans, according to the Bahrain Centre for Studies and Research. Of all those surveyed, a qua

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Qatar to pump funds into German auto industry

Qatar plans to invest in the German automotive industry, making it the second Gulf Arab state to cast a friendly eye on the country's carmakers this week, Emir Sheikh Hamad bin Khalifa Al-Thani told a German magazine. 'But we have

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Etihad unveils Kuwait expansion plans

Etihad Airways, the UAE's national airline, is further expanding its global reach from Kuwait by introducing new fares and improved connectivity via Abu Dhabi to different destinations that cover North American, Europe, Asia and

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Kuwait to set up $132bn 'Silk City'

Fuelled by soaring oil prices, Kuwait has ambitious plans to invest $132 billion building a model city in its northern desert, complete with rail links to the rest of the Middle East, central Asia and China. The high-concept project may se

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