Main headlines

March 12, 2014

DHL acquired three new MAN long-haul units as part of its efforts to expand its Middle East operations (Shutterstock)
13:00 GMT

DHL Express is boosting its service capacity in the Middle East.

Gulf Hotels Group plans to build a five-star "Gulf Hotel Business Bay" that will open by mid-2017 (Shutterstock)
11:00 GMT

Bahrain's Gulf Hotels Group is investing $132 million to develop a five-star Gulf Hotel Business Bay on Dubai's shores

The new law will provide new incentives and specialised training programmes to encourage more Emiratis to work in the country's booming tourism sector (File Archive)
11:00 GMT

Members of UAE's Federal National Council are in process of drafting a law that will encourage, train and organise Emiratis to become tour guides with incentives and specialised training programmes.

The final designs of the three railway stations would be ready later this month
07:16 GMT

Three stations will be constructed at the Jeddah Islamic Seaport enabling the Saudi Landbridge train project to cover all of the companies operating in the port.

Transportation exports from the U.S., mainly in terms of Boeing-UAE airline deals, are behind the spike in bilateral trade between the U.S. and the UAE in 2013 (File Archive)
06:30 GMT

U.S. exports to the UAE reached $26.9 billion in 2013 as a result of increased trade in the transportation sector.

Energy development in Oman is one of the key areas that the EPC contracts over the next five years will target (Courtesy of Arabian Oil and Gas)
05:00 GMT

Over the next five years, Oman will award engineering, procurement and construction (EPC) contracts worth $65 billion.

March 11, 2014

Saudi Arabia banned the sale of energy drinks at government, educational and health facilities last week (Shutterstock)
14:00 GMT

Saudis spend nearly $1.6 billion a year on energy drinks. With the recent announcement of a ban on the industry, questions may be asked as to how limiting this billion-dollar consumption habit may affect KSA's economy.

Insurance companies in Egypt had to pay 45.5 percent more in claims in 2012-13 than the year prior due to the uprising in the country (File Archive/AFP)
12:27 GMT

One of the world's leading property and insurance companies AIG is set to expand in Egypt.

The UAE has pledged significant sums of money to help rebuild Egypt and support it on its path to truly representative government
10:55 GMT

The announcement of a $40 billion (AED150bn) deal to build low-cost housing in Egypt is good news for that country and for the UAE, commented a local daily.

The joint EZW-Dubai Customs smart retail hub matajircom was launched Monday in Dubai (Courtesy of Trade and Export Middle East)
10:00 GMT

Dubai has launched the world's first purpose-built smart retail hub "matajircom" Monday in conjunction with Economic Zones World and Dubai Customs.

Jordan wants to establish a nuclear reactor to cut down its dependency of foreign energy imports that currently account for 96 percent of the country's energy stock (File Archive/Shutterstock)
08:00 GMT

Jordan's Atomic Energy Commission is planning to sign two agreements with Russia's Rosatom to establish the country's first nuclear reactor.

Saudi construction industry has witnessed a boom in contract awards and ongoing construction activities
06:55 GMT

The Saudi construction sector is poised for significant growth over the next few years thanks to the boom in contract awards and ongoing construction activities coupled with healthy lending appetites by bank.

Personal computer and desktop sales are decreasing rapidly throughout the UAE as more users transition to notebooks and tablets (Shutterstock)
06:37 GMT

While most headlines talk about profits in the UAE, here is one field that is not-so-successful in the Emirates these days: personal computer sales.

Saudi Arabia touts the highest paid CEOs and expatriates in the GCC (Shutterstock)
05:00 GMT

CEOs in Saudi Arabia are the highest paid executives among all GCC countries, according to a new report.

March 10, 2014

Emirates will now provide direct service from Dubai to Boston daily, representing the airlines eighth translatlantic US route (Shutterstock)
14:00 GMT

Emirates Airline launched daily services to Boston Monday in partnership with its US carriers.