Main headlines

February 19, 2014

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.

Pressure on French energy giant Total to pay more for liquefied natural gas that it ships from Yemen has intensified.
03:55 GMT

Last week, official news agency Saba quoted unnamed judicial sources as saying the government’s Public Funds Prosecution service, had started to probe the arrangement with Total.

Rola al-Helou, a journalist, said that an MEA employee told her she could not board her flight to Cairo because she was alone, and taunted her, challenging her to get up and walk to prove she was able-bodied.
03:24 GMT

“Although we appreciate Ms. Helou's feelings, the case should not in any way turn into a campaign to depict the company as heartless,” the statement said.

Morsi's legal monthly wage is LE44,516, which means that the remaining payments totaling nearly LE260,000 are tainted with violations, Geneina said.
03:10 GMT

The CAOwas accused of covering up financial crimes carried out by the regime of ousted president Hosni Mubarak.

February 17, 2014

Oumran added that Egypt is not currently facing any hindrances in its plan to produce renewable energy through wind and solar energy.
22:20 GMT

“The government has a long term plan which aims to generate 5500 MW through the use of traditional energy resources and 250 MW, through renewable energy, by 2027,” Oumran said.

The builder of the world’s tallest tower posted a quarterly profit of AED 756m ($206m), compared with AED 512m in the corresponding period of 2012
20:42 GMT

The developer, which launched several new projects last year, said its total value of sales in Dubai for 2013 was AED 12bn, nearly three times the amount in 2012.

Within the UAE, most students identified Dubai as their most likely study destination (File Archive)
13:00 GMT

UAE is ranked the fourth most attractive education destination in the world for students looking to pursue their studies abroad.