Main headlines

March 10, 2014

Emirates will now provide direct service from Dubai to Boston daily, representing the airlines eighth translatlantic US route (Shutterstock)
14:00 GMT

Emirates Airline launched daily services to Boston Monday in partnership with its US carriers.

The General Authority for Civil Aviation (GACA) has already recruited 107 Saudi engineers who graduated from Saudi universities and obtained scholarships abroad
12:55 GMT

Ibrahim NaffeeThe new King Abdulaziz International Airport (KAIA) will create job opportunities for over 3,500 Saudi men and women in shops, restaurants and hotels at the airport, according to tourism experts.

Floods in the Gaza Strip in December left many people without power and forced thousands to evacuate from their homes (File Archive/AFP)
12:00 GMT

The Gaza strip's sole power plant is expected to cease operations within days after the territory finishes its last and final shipment of Qatar-donated diesel.

More than half of the UAE population owns a smartphone (File Archive/Shutterstock)
08:04 GMT

Apple's iPhone 5 is the most commonly used smartphone in the UAE and more than half of the country's population owns a smartphone

Jordan consumes 100,000 barrels of oil a day, according to government figures (File Archive/Shutterstock)
07:56 GMT

Iraq's Oil Minister told media outlets this week that Baghdad is ready to double its crude oil exports to Jordan at "preferential prices."

Direct trade accounted for 64 per cent of Dubai foreign trade, as it reached Dh846 billion in 2013
06:08 GMT

Dubai’s non-oil foreign trade reached Dh1.329 trillion in 2013, an eight per cent increase over Dh94 billion over 2012.

The new Halal Index is hoped to facilitate the growth of Dubai's halal exports as well (Shutterstock)
05:00 GMT

Dubai Exports is planning to issue an online Halal Index that lists all UAE firms that employ halal practices

March 9, 2014

Individual apartments make up more than half of all transactions in the investment sector (Courtesy of Construction Week Online)
13:00 GMT

Kuwait real estate sales was an estimated $1.1 billion in January. However, despite such strong figures, the estimates represents a slight downfall from a strong record month in December.

This agreement reflects the significance and growth of bilateral relations between the two countries
10:55 GMT

The Department of Finance- Abu Dhabi (DoF) has announced the signing of a loan agreement with The Republic of Serbia, providing the country a loan of $1 billion.

In 2012, Oman exported about OMR3.5 billion worth of non-oil commodities
09:55 GMT

Oman has set a target to increase by 15 per cent the value of its non-oil exports this year.

Dubai's first eco-friendly mosque is 85 percent complete and set to open its doors this year (Courtesy of 7 Days in Dubai)
08:08 GMT

The construction of the region's first eco-friendly mosque in Dubai is 85 percent complete and set to open in the near future, say new reports.

Qatar leads the Luxury Opportunity Index that highlights the top 10 locations around the world with the greatest potential for luxury growth (Shutterstock)
07:52 GMT

A new report released this week projects that the world's wealthiest will spend more on luxurious goods in 2014, representing key investment opportunities for Qatar, UAE and Saudi Arabia who top the "Luxury Opportunity Index."

Marka's IPO will be the first IPO on the Dubai Financial Market in more than five years (Courtesy of Gulf News)
07:26 GMT

UAE's Marka announced this week that it is planning an initial public offering on the UAE stock market after receiving preliminary approval from the country's Securities and Commodities Authority.

March 6, 2014

Qatar Airways will fly to Tokyo's Haneda airport daily starting on June 18 (File Archive)
14:00 GMT

Qatar airways will launch daily flights to Tokyo starting in mid-June this year.

Gulf investors are in talks with UK-based Hypermach to launch the next generation of supersonic jets (Courtesy of BBC)
13:00 GMT

Gulf investors are in talks with a British firm to develop the next era of supersonic jets that would move passengers from New York to London within...2 hours!