Main headlines

August 14, 2014

The move into Eritrea is in line with the airline’s ongoing strategy to serve emerging markets largely underserved by international airlines.
22:43 GMT

Qatar Airways will become the first Gulf carrier to serve Eritrea from December 4.

Upon the recommendation of Transport Minister Lina Shbeeb, the Cabinet also approved the draft agreement between the governments of Jordan and India on marine transport cooperation.
12:37 GMT

The Cabinet on Wednesday approved several recommendations and projects at a meeting chaired by Prime Minister Abdullah Ensour.

Andraos, who has been teaching at Columbia since 2011, is the first woman to become a dean at the school, according to the statement released by the university Tuesday.
12:19 GMT

Before Columbia, she taught at Princeton, Harvard and the University of Pennsylvania in the U.S., and at the American University of Beirut in Lebanon.

 
An energy powerhouse, Iran has the second-largest reserves of natural gas in the world after Russia,
12:06 GMT

Condensates represent a gray area in the oil and gas world, and even OPEC is challenged about how to define the product.

August 13, 2014

New tenants are exempted from any cost adjustments for three years from the start of their tenancy contract.
22:40 GMT

Sharjah residents have been advised to report to the municipality any unnecessary rent increases imposed by their landlords.

The airport is set to open in 2017 and will be the largest airport in the world, serving 150 million passengers annually.
21:41 GMT

İstanbul's third airport, currently under construction and set to open in 2017, will be named after President-elect Recep Tayyip Erdoğan.

Egyptian guest workers represent the majority of the 108 nationalities working in the Kingdom, constituting 62 per cent of the total number of guest workers.
21:09 GMT

The Jordanian side presented a briefing on efforts to regulate the labour market and rectify the statuses of guest workers.

Russia will supply at least 5-5.5 million tonnes of wheat to Egypt this year and will increase agricultural goods imports from the North African country.
20:52 GMT

In the previous 2013/14 marketing year, Russia supplied 3.6 million tonnes of wheat to Egypt.

The Dubai-based carrier is the world's largest operator of the A380 jets. In November, it announced plans to buy another 50 from the European planemaker at the Dubai Air Show.
20:37 GMT

Emirates used the loan to take delivery of its 50th superjumbo, the bank said.

UAE nationals topped the list with Dh12.5 billion ($3.5 billion), .
20:06 GMT

Investors from the Gulf Cooperation Council (GCC) states spent more than Dh19 billion ($5.17 billion) on real estate projects in Dubai, UAE, during the first half of the year, a report said.

Al Etihad Credit Bureau will continue to collaborate with its partners to upload customers’ credit information for the past 24 months.
12:10 GMT

The credit reports will include records about consumers’ debt levels, financial obligations, credit payments, history of default payments and late payments.


UAE was ranked the top country in the Middle East based on passengers carried.
11:52 GMT

Middle East airlines carried 157.9 million passengers in 2013, marking an increase of 8.8 per cent over the figures for the previous year.

August 12, 2014

The 18 and 29 year-old age group, represents 23.7% (approximately 20 million) of the total population, of which 51.1% are men and the remaining 48.9% are women.
23:21 GMT

Around 27.8% of Egyptian youth are poor while 24.1% are near the poverty line.


Revenue-per-available-room (RevPAR) has seen a 7.4 per cent decline to Dh290.23,
16:08 GMT

The initial results show an 11.8-percent decline in occupancy to 45.4 percent.

Advanced economies, represented by the US, Europe and Japan, have imported goods at the fastest rate in more than two years in the last three months.
15:29 GMT

Advanced economies, represented by the US, Europe and Japan, have imported goods at the fastest rate in more than two years in the last three months.