Main headlines

September 10, 2014

 A consortium of international fragrance retailers has launched the International Group of Luxury Fragrances in Saudi Arabia.
16:20 GMT

The Group is dedicated to enriching the olfactory experience with a deeper understanding of international fragrances.

Since EBRD started its operations in the Kingdom in 2012, it has invested 203 million euros (around $262 million) in seven projects in Jordan covering various sectors, according to a statement released Tuesday.
16:12 GMT

Since EBRD started its operations in the Kingdom in 2012, it has invested 203 million euros (around $262 million) in seven projects in Jordan covering various sectors, according to a statement released Tuesday.

OPEC also publishes production figures from secondary sources, a legacy of past OPEC disagreements about countries’ reported output figures.
15:39 GMT

In the report, OPEC cut its 2014 global oil demand growth forecast for a third consecutive month and also reduced its assessment of the requirement for its members’ crude oil.

The brand has been co-founded by former Apple CEO and ace marketer John Sculley.
15:09 GMT

“It is just a coincidence that iPhone 6 launching in Mena [Middle East and North Africa] at the same time. We wish Apple much success in the premium mobile device market,” said Sculley.

The so-called offset programme was introduced in 1992 as a way of weaning Kuwait off its reliance on oil and gaining access to new technologies and training.
04:55 GMT

Kuwait is suspending a programme under which foreign winners of big government contracts are required to invest in the local economy.

September 9, 2014

The iPhone 6 will feature a larger 4.7 inch retina HD screen, while a 5.5 inch model also will be offered.
20:19 GMT

The iPhone 6 will feature a larger 4.7 inch retina HD screen, while a 5.5 inch model also will be offered.

Migrants setting off from Turkey also commonly travel by sea to the Greek Aegean Islands, a route much shorter than the treacherous route from Libya to Italy but still fraught with dangers.
18:00 GMT

During the past three days alone, 424 people attempting to make the dangerous crossing to European territory were found during search and rescue operations off the Turkish coast.

In an interview with Reuters, Global’s chief executive Maha Al Ghoneim said the company was now “debt-free” following its debt restructuring last year.
17:50 GMT

Kuwait’s Global Investment House said on Tuesday it aimed to relist its shares on the Kuwaiti bourse, after its listing was cancelled last year because of accumulated debt.

Al Tayer praised the strategic partners whose efforts were integral part of the success of the RTA in the successful operation of the Dubai Metro.
04:55 GMT

The Dubai Metro will celebrate on Tuesday its fifth anniversary amid very healthy indicators of success in the operational efficiency

Centrally located between the three theme parks, Riverpark will serve as an entrance plaza district featuring an array of retail, dining and entertainment options.
04:55 GMT

The first phase of Dubai Parks & Resorts will comprise three theme parks: Motiongate Dubai, Bollywood Parks Dubai, and LEGOLAND Dubai. The

September 8, 2014

Iran exported $5.2 billion of food and agricultural products and imported $13.2 billion of the products in the previous Iranian calendar year.
20:18 GMT

Iran exported $237 million of pistachio in the first five months of the current Iranian calendar year

The emirate is now reviving development plans as its real estate market recovers and its safe haven status in the turbulent Middle East attracts heavy inflows of money.
20:06 GMT

The expansion could allow Dubai’s fast-growing flagship carrier Emirates to shift its operations to the new facility by the mid-2020s, airport officials said.

During the meeting, Queen Rania said education is at the top of His Majesty King Abdullah’s priorities, adding that His Majesty has ordered the government to set out an educational reform plan that includes all stakeholders.
17:47 GMT

Discussions at the meeting also covered other issues, including the integration of technology into classrooms, education level indicators in the Kingdom, and how to develop school curricula.

A Palestinian Agriculture Ministry official says the recent Israeli onslaught against the Gaza Strip has had grave impacts on the farming sector in the besieged coastal sliver.
04:55 GMT

“This figure includes $350 million of direct losses and $200 million of indirect ones.”

Hamdallah, who heads the Palestinian government of national consensus which took office on 2 June, said the problem of the wages had turned into the main stumbling block to an intra-Palestinian reconciliation deal.
04:55 GMT

The international community has threatened to boycott the Palestinian leadership if it pays the salaries of former Hamas employees in Gaza, prime minister Rami Hamdallah told AFP on Sunday.