Main headlines

February 19, 2014

Malaysia was followed by the UAE, Turkey, Indonesia and Saudi Arabia in this year’s rankings for halal-friendly holiday destinations.
17:25 GMT

The survey evaluates countries in terms of their attentiveness to the needs of Muslim travellers

"This is an equitable outcome for all parties," said BAE Systems chief executive Ian King.
17:00 GMT

Britain has reached an agreement over the rising cost of providing Saudi Arabia with Typhoon Eurofighter jets, British defence company BAE Systems said on Wednesday.

The ministry has offered 40000 feddan (16.800 hectares) to investors by the end of February with 20 percent (8000 feddan) allocated to locals in a closed bid.
11:47 GMT

Since its liberation from Israeli occupation more than 30 years ago, Egypt's Sinai Peninsula has suffered from serious underdevelopment and what residents describe as neglect by the government.

The ministry documented over 8,600 different violations in all companies visited by its inspectors
08:36 GMT

The Saudi Ministry of Labor recently tackled 2,034 cases of expatriates not working for their sponsors, according to a deputy labor minister.

5,388,917 tourists visited Jordan in 2013, a drop from 6,314,250 in 2012
08:25 GMT

The number of tourists who visited the Kingdom in 2013 witnessed a 14 per cent decrease compared to a year earlier.

The rental gap between properties location ‘off-island’ and those in ‘on-island’ locations remained firmly intact
08:02 GMT

Abu Dhabi residential rents increased by an average of 16 per cent year-on-year last year, with rates rising by as much as nine per cent in the final quarter.

Gul said he gave his approval for the Internet law after the government said it would push through parliament amendments of the legislation in response to the president’s concerns regarding two articles in the law.
03:55 GMT

Turkish President Abdullah Gul approved a new law tightening control of the Internet on Tuesday in a move bolstering embattled Prime Minister Tayyip Erdogan but raising concerns about free speech.

The energy shortage problem facing factories will continue this year and the next year, Abdel Nour said.
03:55 GMT

In December, Abdel Nour announced that EGP 1.5bn will be allocated to build the infrastructure for 32 industrial zones in 22 different governorates.

February 18, 2014

KIPCO, a regional investment house with stakes in media, industrial, financial and real estate companies, said in June it was planning an initial public offering of OSN, which it said on Tuesday had nearly one million subscribers.
20:32 GMT

Net profit in the three months to the end of December was 14 million Kuwaiti dinars ($49.7 million), compared to 8 million dinars in the same period last year, the group said in a statement.

The master-planned communities will feature landscaped central parks, mosques, educational institutions, healthcare centres, children’s play areas and community centres and will be designed by international architects.
20:27 GMT

The new entity, called Emaar Jameel, will focus on developing integrated real estate projects in the Kingdom.

Qatar Airways will launch its new business-only flights on May 15 (Courtesy of Fly Fly Travel)
18:13 GMT

Qatar Airways will launch business class-only travel from Doha to London Heathrow in May 2014.

The new online platform lets investors track gold prices round-the-clock and manage their metal investments (File Archive/Shutterstock)
18:03 GMT

Qatar opened QGold, an online trade site for gold and silver this week.

The project will create a lot of jobs, which is fantastic for Bahrain in general
08:55 GMT

A three-storey shopping mall opening soon in Juffair will create up to 300 new jobs.

Gas use at oilfields rose 4.9 per cent to 9,047mn m3 in 2013
07:55 GMT

The consumption of natural gas in the sultanate grew by 3.2 per cent in 2013, mainly on the increased use of gas in oilfields and growing demand from industrial projects.

It is expected that the GCC Railway project will be completed by 2018.
07:15 GMT

The cost of railway project connecting the Gulf Cooperation Council (GCC), including the linking of Bahrain and Saudi Arabia through a bridge, is expected to be around $15.4 billion.