Main headlines

October 10, 2013

The Galaxy Round’s 5.7-inch display has a slight horizontal curve and weighs less than the Galaxy Note 3 (Photo credit: AP)
12:49 GMT

The Galaxy Round is Samsung’s attempt to gauge consumer appetite for curved phones

Western Asia has been the primary destination of UAE assistance for three consecutive years since 2009. Africa received more than 20 per cent of aid last year or Dh1.26 billion.
11:57 GMT

The world’s 16th largest foreign aid donor last year, the UAE spent Dh5.83 billion in grants and loans to 137 countries and regions around the world.

October 9, 2013

“If we hope even in long run, that with sanctions off, the economy would improve, we have been building castles in the air. Even if oil incomes enriched the country, still we will face damages inflicted by oil incomes,” he said.
12:57 GMT

Iran’s minister of economic affairs has said it is false to think of economic improvement when sanctions are eliminated.

The unrest that toppled two leaders in Egypt, removed Muammar Gaddafi from power in Libya and plunged Syria into civil war will lower cumulative economic output in the nations to just above $2 trillion from $2.9 trillion over the four years.
12:38 GMT

Political turmoil that started in Tunisia in 2011 and swept across the Arab world will cost the seven most-affected countries about $800 billion by the end of next year, according to HSBC Holdings Plc.

Hotels in Abu Dhabi, Dubai and Al Ain are looking to achieve from 95 to 100 per cent occupancy during this coming Eid
11:07 GMT

Hotels in the Emirates are gearing up for one of the busiest Eid holidays, thanks to a large number of events and exhibitions that fall in October.

During a meeting with a delegation of Yemeni businessmen at the Prime Ministry, Ensour stressed the importance that Jordan attaches to Yemen’s security and stability.
09:15 GMT

Given that the commercial activity is still at a minimal, there is still a long way to go.

Economic studies forecast that investing $1 billion in infrastructure projects will create around 110,000 jobs in oil importing countries.
09:02 GMT

Studies conducted by the ESCWA recently revealed that the Arab region needs large investments in the infrastructure sector.

October 8, 2013

“We want to show that the BlackBerry brand is still successful and we will continue to maintain that… that shows how important the Middle East is for BlackBerry as a whole,” added Horton.
15:29 GMT

“The news that are coming out of our [Waterloo, Ontario] headquarters on what’s going on in North America doesn’t reflect what’s happening in the Middle East… we’ve managed to maintain our share of the market here and we are going to do what we can to continue that.”

Once completed, the Dubai Water Canal Project will add 6km to the Dubai waterfront, of which the Canal will have a depth of up to six meters on high tides.
15:06 GMT

To be known as the Dubai Water Canal Project is expected to attract 30 to 36 million visitors to Dubai yearly.

 "Many viewers seem to favor the free content of FTA channels rather than paying for TV content,” Al Atiyat added.
14:55 GMT

New research and analysis by the Arab Advisors Group has revealed that as of August 2013 the four satellite pay TV operators, broadcasting from the region, offered a combined total of 151 channels.

Even after the father-of-four's retirement, his Footwork Productions Company for sponsorship deals and football earnings had a 16.5 million-pound turnover in 2012, which has increased by 1.3 million pounds from 2011, the Daily Star reported.
10:20 GMT

According to the figures just lodged with Companies House, the 38-year-old former footie ace also paid himself a salary of 14.1 million-pound.

Abu Dhabi is an oil-led economy and expected it to stay that way
09:54 GMT

The share of oil and natural gas in Abu Dhabi’s gross domestic product (GDP) fell to 56.1 per cent last year, from 58.1 per cent in 2011.

The unemployment rate in the Kingdom rose during the first quarter of 2013 to 12.8 per cent
08:52 GMT

The unemployment rate for the third quarter of 2013 stood at 14 per cent, compared with 13.1 per cent during the same period in 2012.

October 7, 2013

Contracts signed with six companies to dispose of the waste will help keep Makkah and the holy sites clean.
15:15 GMT

The ministry has alloted sites for garbage disposal and dumping, he said, attributing the accumulation of waste to lack of cooperation by some Haj and Tawafa establishments.

The ministry’s move could have a wide-ranging impact on Saudi Arabia’s domestic court system. Women in divorce and custody cases have long battled a system that favors fathers and husbands.
14:28 GMT

Saudi female lawyers have often complained about their inability to use their law degrees despite years of studying and, in some cases, earning a doctorate in law.