Main headlines

September 1, 2014

Gulf Air made redundant over 25 percent of staff in 2013, but promised no more job cuts (Image: Gulf Air)
07:17 GMT

Bahrain's national airline has cut year-on-year losses by 30 percent and increased overall revenue by 10 percent in H1, according to a report by Gulf Daily News.

The Saudi Ministry of Housing has rejected more than 300,000 applications for housing, while accepting more than 620,000 applications deemed eligible for the housing aid.
04:55 GMT

The shunned applicants argued that most of the rules by the Ministry of Housing are not clear.

The company responded to the campaigners by pointing out that the term “Turkish” is referred to the method of grinding the beans.
04:55 GMT

A group of Israelis on Facebook are calling on local supply chain Strauss to rename its brand of Turkish coffee, saying that the product should not be sold in Israel under a name that refers to Turkey.

Incidents of sexual assault  have harmed Egypt’s tourism reputation recently, said head of the Egyptian Federation of Chambers of Tourism, Ilhamy Zayat.
00:42 GMT

The Chamber of Hotels will meet this week to study Ministry of Tourism resolutions to confront sexual harassment and assault in the tourism sector.

August 31, 2014

As of yet, says Emirates NBD, there are few details on which projects will be included in the new investment plan, or which sectors Algiers intends to target.
15:18 GMT

The Algerian government announced a new five-year investment programme last week, and is aiming to spend $262 billion between 2015-2019 in an effort to diversify its economy.

Qantas Group declared a before tax loss of 642 million Australian dollars (Dh2.2 billion) and a statutory after tax loss.
14:33 GMT

“People who once flew on Qantas operated aircraft who suddenly fly on the Emirates operated aircraft are seeing a big improvement in quality. Instead of booking on the Qantas website they are now just jumping on the Emirates website.”

Hotel occupancy in Dubai slid by 4.6 percent in July (File/AFP)
11:31 GMT

Dubai's hotel sector barely managed to break even in July. Occupancy levels slid by 4.6 percent due to a summer slowdown including the month of Ramadan.

Flydubai will launch three new routes to East Africa in September (File/AFP)
10:38 GMT

Flydubai added three new routes to East Africa, which will be launched in September making it the first Emirati carrier to fly to Rwanda and Burundi.

The wind farm will save up to $475,000 annually in the tiny islands (File/AFP)
09:58 GMT

One of the UAE's biggest clean energy companies, Masdar, has developed Samoa's first wind farm on the island of Upolu.

The Airbus A350 is due to be launched later this year (Image: Gulf Business)
09:36 GMT

Qatar Airways prepared to receive the Airbus A350 Xtra Wide Body aircraft for delivery by the end of 2014.

There could be a possibility of overheating in the market according to the Qatar National Bank's report (Image: Real Estate Qatar)
07:45 GMT

Real estate prices in Qatar continue to rise with average prices of both commercial and residential properties increasing by 20 percent since September 2008, according to data from the Real Estate Price Index.

The irrigation minister added that additional studies would determine whether the projected height of the dam – along with its storage capacity – would have any negative consequences for Egypt.
04:55 GMT

Relations between Cairo and Addis Ababa soured last year over Ethiopia’s construction of the $6.4-billion hydroelectric dam on the Blue Nile.

With a population of 1.8 million, Gaza is a densely populated coastal strip of urban warrens and agricultural land that still bears the scars of previous rounds of fighting.
04:55 GMT

Any effort to rebuild Gaza will be hindered by a blockade imposed by Egypt and Israel since the Islamic militant group Hamas seized power in 2007

Samsung said the Gear S will start selling from October. It did not give details on pricing or where it will be available.
01:58 GMT

The world’s biggest smartphone maker has been pushing hard to develop the wearable devices market as it looks to counter slowing earnings in its mobile division

August 28, 2014

CEO of Jannah Hotels and Resorts, Imad Darwish, said there is a greater need of hotels ahead of Dubai Expo 2020 (Image: File)
11:55 GMT

Jannah Hotels and Resorts is planning to expand across the UAE by introducing more apartment hotels and brands to the company.