Main headlines

May 5, 2014

Fancy a dip in the pool? The beautiful Al Bustan Rotana Dubai. (Image: Facebook)
13:04 GMT

UAE hotel operator Rotana has announced the launch of ten new hotels in the Middle East by 2020.

With over billions of investments taking place in the railway industry, the summit will provide a practical approach on 'The Plan' for future and how it can be executed
12:55 GMT

Current railway projects in the Middle East and smart communication systems coupled with intelligent transport systems for railways will form the focus for a major summit opening in Riyadh (May 5).

The capacity of South Pars gas and oil fields could hit 100 million cubic meters daily in the current Iranian year
11:55 GMT

Iran's South Pars field, located in southern part of the country, exported gas and oil to 29 countries during the last Iranian calendar year (started on 20 March 2013).

Dubai's new tourism institute is aligned with the emirate's effort to be the most visited city in the world by 2020 (File Archive)
11:00 GMT

Dubai is in the process of implementing its plan to build a new tourism institute that will help develop students' skills within the sector.

Forty-nine percent of the tenders for the drilling will be reserved for Lebanese investors (File Archive)
10:00 GMT

Lebanese officials are calling for new policies that will allow the country's wealthy diaspora abroad to invest in teh country's up and coming offshore oil sector.

Emiratis have been at the forefront of green energy exploration and construction in the Middle East (File Archive)
08:06 GMT

The UAE submitted its bid this week to host the World Energy Congress 2019 in Abu Dhabi.

Bahrain touts one of the lowest unemployment rates in the Gulf (File Archive)
07:56 GMT

Bahrain's unemployment now stands at a mere 4 percent.

The hotel consists of 181 rooms, 13 suites, 41 studios and 124 one and two bedroom apartments.
03:55 GMT

The 359 room property is the first DoubleTree by Hilton hotel to open in Dubai and the second to open in the United Arab Emirates in 2014.

Saudi Public Transport Co. (Saptco) has won a $2.1 billion contract to operate and maintain buses in Riyadh jointly with French group RATP Dev.
03:55 GMT

The 10-year deal is worth 7.885 billion riyals ($2.1 billion, 1.5 billion euros), Saptco indicated, noting that Riyadh authorities informed them they won the deal on Wednesday.

The Iranian government has decided to increase the number of its commercial attachés overseas to 30 from 11, the TPOI director for marketing, Mir Aboutaleb Badri, stated.
03:55 GMT

Five out of the new attachés will be dispatched to Germany, Italy, Serbia, Spain and Switzerland in a bid to boost trade and economic relations with Europe, the official added.

"We're in boom-time prices, more expensive than we've ever been in the history of mankind," Nick Candy, one of the developers of London's One Hyde Park luxury apartments, at the pinnacle of the capital's super-prime residential sector, told Reuters.
03:55 GMT

Buoyed by the wealth of Russian oligarchs, Chinese tycoons and Arab sheikhs, London has become one of the most expensive markets on earth, raising concerns ahead of parliamentary elections in 2015 that locals are being squeezed out of the market.

May 4, 2014

The highly acclaimed two-seater, all-aluminium Jaguar F-TYPE was named “Best Premium Sports Convertible” and “Car of the Year” at the prestigious Middle East Motoring Awards. (Image: Jaguarnews.com)
13:23 GMT

Jaguar Land Rover Mena continued to receive automotive accolades for its strongest ever line-up by racking up 17 automotive awards in the last year alone.

15 countries exported $1,121 billion worth of food, holding an 81.5 per cent share of the world’s exports in 2012
10:13 GMT

THE UAE’s imports of food worth $16 billion in 2012 has made it the 15th biggest food importer, according to the World Trade Organisation.

Sharjah International Airport's spike in traffic is largely due to the renovations at Dubai International Airport (File Archive/Shutterstock)
09:17 GMT

Sharjah International Airport is in process of preparing an influx of 200 additional weekly flights starting this summer.

The official confirmed that the Dh6,000 increase in the minimum salary requirement was implemented in Dubai more than a week ago
09:03 GMT

The increase in the minimum salary limit from Dh4,000 to Dh10,000 per month to sponsor immediate family members only applies to Dubai