Main headlines

June 10, 2014

Former army chief Abdel Fattah Al-Sisi was sworn in on Sunday, vowing to fix the economy and emphasising a need for hard work by all.
12:04 GMT

Buildings springing up in the densely populated Nile Delta result in loss of farmland and potential damage to irrigation systems.

Since Dubai — home to one of the strongest real estate markets internationally — has become a global player, fees for providing services have to be on a par with the city’s growth and development, said Bin Mejren.
11:09 GMT

Dubai has become home to one of the strongest real estate markets internationally.

The state-backed firm has confirmed plans to ensure that 7,000 taxis are on the roads before the world football tournament gets underway in Qatar.
10:32 GMT

Qatar’s public transportation company Mowasalat plans to more than double its current fleet of taxis by the time the 2022 World Cup comes around, a senior official has said.

Saif says it contributes to 12 per cent of the total national income and provides job opportunities for 10 per cent of the Kingdom’s workforce.
09:44 GMT

The government has allocated around $850 million from the Gulf Cooperation Council grant to start vital transport projects.

The Gulf state is also revising subsidies on electricity, water and petrol, currently sold at well below cost.
09:34 GMT

Last month, the OPEC member's government warned that spending outpaced revenues and this could lead to a budgetdeficit in 2017/2018 after years of surpluses.

Al Gharbi added that the UAE is the happening place where high net worth individuals ask for new concepts in designs keeping in view the green building rules.
05:45 GMT

The Italian firms’ interest in Abu Dhabi market shows growing appittite among government, corporate and individual clients to get the best out of innovators.

June 9, 2014

Meanwhile, El-Sisi showed his intention to visit Ethiopia to stress the importance of cooperation between the two countries.
21:09 GMT

Ethiopian Foreign Minister Tedros Adhanom has invited Egypt's newly-inaugurated President Abdel-Fattah El-Sisi to visit his country, Al-Ahram's Arabic news website reported.

The real estate registration fee in Dubai remains among the lowest worldwide.
20:55 GMT

A complaint has been lodged against a real estate firm for allegedly taking a slice out of transaction fees being collected for the government by doubling the charge to clients.

Although the plans for the construction operations have actually been suspended, the contracts have not been cancelled.
14:32 GMT

In 2009, a joint Iran-Venezuela oil company was established to build a refinery in Syria with a capacity to refine 140,000 barrels of crude oil per day.

“The finance required to implement the projects is planned to be secured through attracting foreign investment,” he added.
13:49 GMT

Iran plans to boost annual petrochemical output to 180 million tons from around 60 million tons currently.

Bu Shehab pointed out that there are other proposals that would be discussed with the Ministry of Interior and other competent bodies on the federal level in this regard.
09:47 GMT

He noted that the RTA raised the flexible working hours policy three years ago, but it was put on hold because traffic flow was smooth at that time.

Experts have long argued that a skilled Syrian workforce should be turned into an advantage for both sides, with the work permit issue remaining the major obstacle before this.
09:35 GMT

Thousands of Syrian refugees who are currently being employed in different sectors across Turkey may finally receive their work permits from the government.

Etihad and Emirates said that the safety of passengers and crew is of the utmost importance.
09:21 GMT

Militants disguised as police guards armed with machine guns reportedly stormed the airport Sunday night. There are 23 dead, including all of the militants, according to reports.

June 8, 2014

Hamas demanded Thursday that the Palestinian Authority take employees of the disbanded Gaza government onto its payroll, after scuffles broke out at banks in the Palestinian territory.
16:33 GMT

But Hamas has been unable to pay most of its workers for several months, after severe pressure from neighbouring Egypt strangled its cash flow.

Soccer's governing body FIFA is conducting an internal investigation into the decisions to hold the 2018 World Cup in Russia and the 2022 Cup in Qatar.
13:19 GMT

Sony has become the first World Cup sponsor to call for a probe into accusations that bribes were paid to secure the 2022 tournament for Qatar.