- The expatriate community costs Bahrain a total of BD344.292 million ($907 million) every year – a monthly average of BD28.910 million ($76.2 million), said a report.Full Story »
- OPEC kingpin Saudi Arabia is feeling vindicated after a strategy of allowing oil to flood the market has begun to achieve what it was aiming for.Full Story »
- An already-fragile Turkish lira hit a historic low of 2.5280 against the US dollar on Friday following fresh verbal attacks from President Recep Tayyip Erdoğan.Full Story »
- Dubai has announced the launch of a massive campaign, consisting of art sculptures and paintings, to increase public awareness about the impact of hosting Expo 2020.Full Story »
- A Dubai developer plans to recreate a tropical rainforest under a dome in the desert sheikhdom, adding to a collection of spectacles that include an indoor ski slope and the world’s tallest building. Full Story »
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Mind Your Own Business
- Up to 40 per cent of HR directors plan to recruit staff in the UAE in the first six months of 2015, with their companies set to add new positions, according to a new study.
- In fact, there is no such thing as normal. Or to put it another way: normal is the messy, inconsistent way we get through life.
- As the Gulf region continues to grow and businesses expand, we are seeing huge competition for new talent and a focus on sustainable labour costs.
- A new study on corporate leadership has revealed that less than half (48 per cent) of employees surveyed in the UAE have trust and confidence in their senior leaders.
- And as time moves forward, mobile computing will continue to be a double-edged sword for IT departments.
- While choosing from a plethora of credit cards in the market, consumers should choose one which supports their lifestyle and at the same time gives them the flexibility of using their reward points anywhere.
- We’ve been hearing for some time that Dubai rents are going to drop by about 5 per cent this year, but new data released by a property consultant on Sunday showed that a few locations have already started to see a slight decline in rates.
- Figures showed an increase in housing and utility prices in all the GCC countries in December last year when compared with 2013 figures.
- The supply of an estimated 14,000 new residential units in 2015 is expected to soften Dubai’s rents that had soared by up to 65 per cent since 2011.
- It is not uncommon for people to misunderstand the cost of living of a place to which they are relocating, returning or visiting.
- E-commerce is indisputably the battlefield upon which retail companies are duking it out to become the brands of the next decade.
- The latest came from UAE-based Mashreq, which announced on Thursday the launch of a ‘selfie’ credit card, in a bid to capture younger customers.
- what makes Dubai stand out is the Dubai Smart City initiative, which aims to make Dubai one of the world’s best-connected, smartest, and happiest cities by 2017.
- More than half of business and government leaders in the Mena region identify cyber security as a strategic priority, compared to only 23 per cent in the US and 36 per cent in UK/Europe,
- Mobile and landline calls between telecom service providers will now be cheaper after the Board of Directors of the Communications and Information Technology Commission (CITC) approved a reduction in rates.
- A push by three US airlines to curb competition from Gulf state carriers has exposed divisions over free trade with other powerful US aviation players.
- Yemeni ex-president Ali Abdullah Saleh is suspected of corruptly amassing as much as $60 billion, equivalent to Yemen's annual GDP.
- U.S. drone makers are expecting a surge in sales of military and civilian drones to Gulf states after the State Department eased export rules last week.
- Companies in the United Arab Emirates and Qatar invested about 160 million euros ($200 million) this season, almost a quarter of the total spent by companies worldwide sponsoring the shirts in Europe's top six leagues.
- Turkey is planning to offer citizenship to Saudi investors, Turkish Deputy Prime Minister Ali Babacan said here on Sunday.