Main headlines

February 16, 2014

He also set up the first British curriculum school, the Dubai English Speaking School.
21:22 GMT

The Oxford-educated British expatriate, who worked in banking in Kuwait in the 1950s, was appointed as the financial adviser of Sheikh Rashid in 1960.

Saudi Arabia is planning to open 26 new hospitals throughout the Kingdom, but the government has claimed that land shortages have stalled healthcare development nationwide (File Archive)
15:00 GMT

Saudi Arabia is claiming that land shortages are the reason it has been unable to implement over 220 new health projects throughout the Kingdom.

Morocco's sugar industry is the third largest producer of the sweet cane in Africa (Shutterstock)
13:00 GMT

Morocco's Royal Family decided to divest its extensive holdings in Cosumar, the country's sole sugar industry operator.

Land transport activity is continuing at 80,000 trucks per year
09:55 GMT

Transport Minister Lina Shbeeb and her Iraqi counterpart Hadi Al Amiri on Saturday weathered the liquidation of the Iraqi Jordanian Land Transport Company with a determination to boost economic and commercial integration in various fields.

The country has over 4.4 billion barrels of proved oil reserves
08:55 GMT

Egypt’s government has signed three new oil and gas exploration agreements, hoping to bring a total of $265 million worth of investments into the country’s energy sector.

King Abdullah met with Obama Friday in the U.S. as part of his North America tour (Brendan Smialowski/AFP)
08:49 GMT

U.S. President Barack Obama pledged Friday to give Jordan $1 billion in loan guarantees and renew its five-year-aid package.

The four Asian buyers together cut oil imports from Iran by 15 percent on the year to an average of 935,862 bpd in 2013, government and industry data showed.
03:55 GMT

South Korea's crude imports from Iran fell 51 percent in January from a month earlier.

UAE spending on airport security is estimated to reach $57.7 million by 2015, with a view to increase investment on homeland security, economic development and rapid population growth
03:55 GMT

The UAE is set to double its spending on homeland security from $5.5 billion to more than $10 billion in the next 10 years

This year, the show is set to welcome over 17,000 visitors with an exhibitor line-up of 170 suppliers showcasing the latest innovations and development in the aviation sector.
23:41 GMT

More than 100 aircraft representing a range of models from ultra-light to heavy business jets, including the VIP AirBus corporate jet and the TBM 850, will be on hand.

February 14, 2014

"Economic epic would be realized by people’s participation and the government would succeed in reviving the economy,” he added.
08:29 GMT

Mohammad Nahavandian pointed to Rouhani’s February 11 address among the rallying mass in Tehran that $3b of public money had been plundered.

February 13, 2014

Lukoil may resume its Anaran project in Iran after the U.S. lifts sanctions (Courtesy of Barents Observer)
15:00 GMT

Russia's Lukoil announced this week that it is will to return to Iran to boost its investments in the country after the U.S. lifts its sanctions against Tehran.

The IMF predicts that the Iran economy will grow 1-2 percent in 2014-2015 (Courtesy of Wikipedia)
13:00 GMT

The International Monetary Fund said this week that the future of Tehran's economy is positive and that the county will return to growth over the coming year.

In 2013, Doha airport has registered a year-on-year growth every month
08:55 GMT

The growth rate comes as Qatar gears up for the opening of Hamad International Airport “expected to redefine passengers’ experience”.

Oman's tourism sector has been exponentially growing over recent years, placing Muscat at the center of the industry in the GCC (File Archive)
08:46 GMT

You don't have to just take our word for it: data shows Oman's tourism is exponentially on the rise.

Pensions will reach $5 trillion by 2020, according to PricewaterhouseCoopers (Courtesy of Gulf Business)
08:31 GMT

Arabian Gulf pension funds are expected to double and reach $5 trillion by 2020.