Main headlines

September 3, 2014

Crystal Lagoons Corp is the world's leading company for luxury lagoons and resorts (Image: Hospitality Business)
12:19 GMT

The leading world developer of giant crystalline lagoons has unveiled a massive 8-hectare project in the Prince Sultan Cultural Centre to build hotels, a medical city, educational facilities, villas and apartments.

Dubai's Public Transport Agency aims to boost marine transport to 1.25 million customers by the end of 2014 (File/AFP)
11:52 GMT

The PTA and RTA launched a Dubai Ferry line to increase marine transport around the Emirate, with five long-distance trips.

City Centre Muscat will have 60 new stores and a new dining zone, following the expansion project (Image: Blogspot)
09:01 GMT

Leading Dubai developer Majid Al Futtaim announced plans to expand a retail mall in Oman's capital, Muscat, including 60 shopping and dining options.

Siemens aims to increase its presence in the GCC region (Image: Designmena)
08:37 GMT

Global tech giant Siemens handed over the Shuweihat S3 power plant in Abu Dhabi to begin commercial operations.

More than 61,000 Turkish nationals have traveled to Mecca this year to perform the hajj, a ritual compulsory for all Muslims who are physically and financially able to make the journey.
04:55 GMT

Turks are expected to spend $1.1 billion on pilgrimages to the holy city of Mecca this year.

Lebanon's economy is expected to grow 1.5 to 2 per cent and inflation is not expected to exceed 4 per cent in the year 2014, despite the fall-out from the war in neighbouring Syria,
04:55 GMT

Lebanon's economy has been hard hit by the war in Syria, which started in 2011 and has repeatedly spilled over into the small Mediterranean country

September 2, 2014

Flights will start to Oslo and Brussels on September 2 (File/AFP)
12:29 GMT

The biggest Middle Eastern airline, Emirates, added two more destinations to its network this week including Oslo and Brussels.

Emirates NBD will expand operations in Saudi, according to the company's CEO, Shayne Nelson (File/AFP)
12:03 GMT

Dubai's largest bank, Emirates NBD, is looking to increase its presence in Saudi Arabia, CEO of the company announced.

Siemens will construct static var compensators across several substations in Saudi Arabia (File)
11:39 GMT

German technology giant Siemens won two contracts with Saudi Electricity Company to construct static var compensators (SVCs), across the kingdom.

Total earnings across the GCC rocketed by 11 percent to $33 billion in comparison to the same period in 2013 (File/AFP)
11:03 GMT

UAE corporate earnings increased by 16 percent in the first half of the year, surpassing the average growth rate for the GCC region.

The mall is one of five projects opened in Dubai (Image: Nakheel)
09:09 GMT

Major Dubai developer Nakheel officially opened the Jumeirah Park Pavillion as the first of five malls to be launched in the emirate.

Residential properties posted a 34.5 percent growth in July - a significant increase from 2013 (File/AFP)
08:42 GMT

Residential property prices increased by 34.5 percent in July, compared to the previous year.

The new iPhone will simplify mobile payment by including a special communication chip, along with a fingerprint recognition reader that debuted on the most recent iPhone,
05:56 GMT

Apple plans to enable its next iPhone to become a mobile wallet by allowing owners to securely make mobile payments in a store with the touch of a finger,

The statement added that regardless of ownership, whether it is the husband, wife or minors, the property will be taxed.
05:50 GMT

“Incapable citizens” should submit requests to the Real Estate Taxation Authority (RTA).


He said laboratory tests before arrival were “strictly required” by the Labor Ministry for all foreigners coming from West Africa.
05:35 GMT

The Kingdom on Monday stopped granting visas to workers from Guinea, Liberia and Sierra Leone, the countries worst-hit by the deadly Ebola virus.