Main headlines

April 29, 2014

Construction has started on the 22km new dual carriageway, which will have five lanes in each direction (File/AFP)
12:23 GMT

Two foreign contractors have begun work on Qatar's major expressway project in Doha.

Dubai International recorded 18,361,820 passengers traveling through the airport in 2014 (File/AFP)
11:35 GMT

Dubai International has emerged as the world's busiest airport, beating London Heathrow with monthly traffic.

Trade exchanges reached just under $3 billion between Iran and Germany in 2013 (File/AFP)
11:05 GMT

Iran is eager to enhance economic ties with Germany with the hope of securing $7 billion dollars worth of trade transactions annually, an official said.

Iran’s former foreign minister also said that French parliamentary delegation also agreed to ease monetary and banking restrictions on trade with Iran.
03:55 GMT

The advisor to the Leader and the head of Expediency Discernment Council Strategic Research Center says French delegation agrees on easing trade restrictions on Iran.

A comprehensive visitor management study has been undertaken around the Dubai Expo 2020 hosting, including city wide traffic and movement flow analysis.
03:55 GMT

The major construction activities on the Expo 2020 site will be completed by October 2019, allowing for a full year of readiness testing across networks, systems and technologies.

Dimian said he hoped economic reforms could bring the budget deficit down to 10% of GDP, but gave no time frame
02:07 GMT

The Egyptian government sees its budget deficit, if it does not implement reforms, running at 14-14.5% of gross domestic product in the fiscal year starting on July 1

He said affected students’ files, which contain birth certificates, copies of IDs and details of vaccinations, would remain in the private school until the fees are paid.
01:34 GMT

The Ministry of Education has introduced a new mechanism to enable the private school students who are unable to pay their tuition fees to join the government schools of their choice

The department has carried out 2,173 inspections including 244 ones done in the Free Zone.
01:27 GMT

The section has warned that those who are consuming these medicines are prone to side effects such as high blood pressure and irregular heartbeats.

Stressing that the Kingdom was no longer in the economic danger zone, he mentioned that foreign currency reserves went up from $6.6 billion in 2012 to around $12 billion at the end of last year and that the remittances of expatriates have gone up noticeably.
01:13 GMT

The premier expressed appreciation of all the countries that supported the Kingdom during the difficult conditions, especially those related to the Syrian crisis.

April 28, 2014

Dubai is now being compared to London's and Paris' women apparel market (File Archive)
14:00 GMT

The share of women's mid-market apparel within emerging markets is expected to rise to over 50 percent by 2025, and Dubai is leading the way in this development.

The new green loan is designed to encourage more firms to pursue energy efficient development in the UAE (File Archive/Shutterstock)
12:00 GMT

UAE's Union National Bank (UNB) has launched the first "Green Loan" in the region, which is designed to encourage investment in energy efficient products and related developments.

Etisalat is acquiring a 53 percent stake in Maroc Telecom (File Archive)
11:00 GMT

UAE's lead telecommunications operator Etisalat signed a multi-currency club deal worth $4.35 billion with seventeen banks to fund its acquisition of Vivendi.

The luxurious Viceroy hotel on Yas Island in Abu Dhabi. (Image: Facebook)
08:12 GMT

Viceroy Hotel Group plans an aggressive expansion in Dubai after announcing two more hotels!

Construction of a dam on the Karun River in Iran. (Image: Foros.embalses.net)
07:30 GMT

Iran's Energy Minister is warning of the serious water-shortage crisis his country is going through.

Cohen says, that, over the past five years, Israel has been expanding trade attaché offices in Asia and Africa at the expense of its presence in Europe, and that this trend will continue in the coming years.
03:55 GMT

For the first time, in 2014, Israeli exports with Asia will exceed trade with the US, pushing it from second to third place (behind the EU).