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June 30, 2016

The agreement grants Iraq a one-year grace period and a total of 8 1/2 years to pay for military purchases.  (Twitter)
14:00 GMT
The finance deal will allow Iraqi security forces to defer payment for the purchase of ammunition and maintenance of its F-16 aircraft and M1A1 Abrams tanks.
Debit cards for accounts in foreign currency can still be used abroad up to a limit of $100,000 as per a 2014 directive. (File photo)
13:00 GMT
Egypt has instructed its banks to prevent debit card withdrawals from Egyptian pound accounts while abroad, due to the acute shortage of foreign currency in Egypt.
The second half of 2016 is going to play host to an impressive number of consumer tech products that will be better than their predecessors in every way imaginable. (Shutterstock/View Apart)
12:43 GMT
We list the most hyped products expected to launch later this year.
Russian tourism to Turkey last month was down more than 90 per cent year on year. (Shutterstock)
12:10 GMT
The Russian leader announced that he has ordered the government to enter into talks with the respective Turkish authorities to restore mutually advantageous bilateral relations in economic, trade and other spheres.
The contract comes shortly after Italian shipbuilder Fincantieri wont a bid to supply the Qatari navy with seven new vessels.  (Gadget Style)
12:00 GMT
The company will be supplying the Qatar Emiri Naval Forces with Exocet MM40 Block 3 anti-ship missiles, as well as Aster 30 Block 1 and VL MICA air defense missile.
The merger is part of Abu Dhabi economic reforms which commenced in 2001. (Erem News)
11:00 GMT
The combined entity will realise synergies and growth in multiple sectors including the energy and utilities sector, technology, aerospace, industry, health care, real estate and financial investments.
More than 2.5 million Brits were planning trips to Turkish resorts this year.  (AFP/Ozan Kose)
10:00 GMT
The triple suicide bombing at Istanbul's Attaturk Airport is the latest blow for tourism, as skittish tourists find more reasons to stay away.
Tower Bridge with the Qatari-owned Shard in London's financial district. (Wikimedia Commons)
09:00 GMT
The outgoing British Prime Minister said that Qatar was well-placed to respond to current economic challenges, and reiterated his desire to boost annual bilateral trade beyond $6.7 billion.
To win the World’s Most Attractive Employer title, companies must appear in the top 90 per cent of employers within at least six regional markets.  (File photo)
08:38 GMT
Companies tend to win the votes of most jobseekers because of their good reputation as an employer – they treat their staff right, offer great benefits and promote a work-life balance.
PDO Managing Director said the money raised will help to finance business plans, as well as create more jobs and training opportunities for Omanis. (PDO)
08:00 GMT
PDO's financing will take the form of a five-year pre-export facility, which was provided by a syndicate of international banks.
UAE Minister of Economy and General Civil Aviation Authority Chairman Sultan Bin Saeed Al Mansouri said on May 30 the UAE had reached a “gentleman’s agreement” to discuss the allegations with the US. (File photo)
07:15 GMT
The US State Department has invited the UAE and Qatar to an informal meeting next month to discuss the allegations against Emirates, Etihad and Qatar Airways.
Italy has repeatedly complained that Egyptian authorities have not cooperated to find those responsible for the 28-year-old student's death. (File photo)
06:44 GMT
Italy has voted to halt supplies of F16 spare parts to Egypt in an effort to intensify efforts to resolve the case of the Italian student's death.
Hassan Nasrallah claims that US sanctions will be ineffective because of Hezbollah's secure, direct income from Iran and not through Lebanese banks. (File photo)
05:53 GMT
White House Deputy Press Secretary Eric Schultz has warned that Iran's continued support of Hezbollah will hamper its access to global markets.

June 29, 2016

This transaction constitutes the third investment of EuroMena III after its recent investment in Elephant in Nigeria and Jasmin in Tunisia. (The Daily Star)
13:00 GMT
The leading Lebanese bank has received the investment by the private equity fund to boost growth and development plans in the Middle East and Africa.
The recovery for crude oil prices comes as economic leaders meet in Portugal to review coordinated monetary policies in the globalized world. (Shutterstock)
12:00 GMT
After two days of heavy losses following Britain's decision to leave the EU, the price for Brent crude oil was up 2.7 percent yesterday at $48.42 per barrel.
The Kingdom's credit rating by Moody's is currently  B1 stable.
11:00 GMT
The statement was issued in a comment on the three-year Extended Fund Facility (EFF) that was announced between Jordan and the IMF and is pending approval by the IMF executive board.
Workers outside the explosions and attacks site outside Ataturk airport's international arrivals terminal. (AFP/Ozan Kose)
10:13 GMT
Emirates, Etihad Airways and Qatar Airways all cancelled flights to Turkey's Ataturk airport after assailants opened fire and bombed Europe's third busiest airport, killing 36 people.
Dubai Parks and Resorts recently raised AED 1.68 billion in an oversubscribed rights issue to raise funds for a SIx Flags theme park in Dubai. (Wikimedia Commons)
10:00 GMT
New Saudi theme park gets the go-ahead after Dubai ruler clarifies that 'exclusive GCC deal' with the US company includes both Dubai and Saudi Arabia.
Public Speaking by Virtual Speech is a virtual reality app that needs something like Google Cardboard to work properly. (File photo)
09:47 GMT
Practice your public speaking with the help of our smartphone.
The contest is part of national efforts to preserve heritage and spread awareness of its importance. (Wikipedia)
09:41 GMT
Jordan's tourism ministry has launched the Distinctive Destinations programme to encourage Jordanian towns to capitalise on their core strengths and unique characteristics to improve their tourism offerings.
Insiders say bureaux de change have started to panic because they were woefully unprepared for the fallout from a Leave result in the EU referendum. (Shutterstock)
09:33 GMT
Shop around for currency exchange deals as some airport and online currency traders are cashing in on Brexit volatility.
The researchers found that reward-motivated employees responded positively to the awards by reducing tardiness. (File photo)
09:25 GMT
A University of California study shows that seemingly innocuous non-financial award programs can upset the status quo and influence perceptions of equity and fairness.
A combination of economic and political uncertainty had created a 'perfect storm' in favour of the yellow metal. (Shutterstock)
09:00 GMT
Prices for the safe-haven metal soared above £1,000 per ounce in London to its highest peak in three years.
The Financial Action Task Force called on countries to "continue to advise their financial institutions to apply enhanced due diligence to (Iranian) business relationships and transactions." (Shutterstock)
08:00 GMT
The financial watchdog is optimistic over Iran's new anti-money laundering plans, but will keep Iran on its blacklist pending full implementation.
Listeners complained last week that the stations were off-air, with some claiming an Abu Dhabi classical music station was playing instead. (
07:00 GMT
After a week of irregular programming, owner Abu Dhabi Media Group has reclaimed the licence for the two radio stations from the current managers Gulf News Broadcasting.
Fitch said it expects general government debt to rise to nearly 80 percent of GDP in 2016 from around 62 percent of GDP in 2015, well above the 'BBB' and 'BB' medians of around 40 percent. (File photo)
06:00 GMT
Fitch said in a statement that lower oil prices are causing a "marked deterioration" in Bahrain's fiscal position, and expects the budget deficit to widen to 15.4 percent of the GDP in 2016.
Passengers enter the Ataturk airport International arrival terminal a day after a suicide bombing and gun attack targeted Istanbul's airport, killing at least 36 people.   (AFP/Ozan Kose)
05:23 GMT
Istanbul's International Airport has resumed operations hours after 36 travellers were killed and nearly 150 injured in a bomb and gun attack in the early hours of Wednesday morning.

June 28, 2016

The output of Al-Shaheen oilfield over the last 22 years hit 1.6 billion barrels at a daily rate of 300,000 barrels which represent nearly 40 percent of Qatar's total oil output. (File photo)
13:00 GMT
The French oil giant has won the bid to develop the Qatari oil field, and will own 30 percent of the joint venture with QP.
A program for the restoration of historic mosques under the (SCTNH) was started in cooperation with the Ministry of Islamic Affairs. (File photo)
12:23 GMT
Of the 800 surveyed mosques in the Kingdom, 21 have already been restored by the Saudi Commission for Tourism and National Heritage and Ministry of Islamic Affairs.
Tourists take a camel ride to visit the Bedouin village at Wahiba Sands. (Oman Tourism Ministry)
12:00 GMT
A survey by Oman's Ministry of Higher Education has found that oil and gas positions, up until last year the most sought after jobs, have slumped, replaced with careers in tourism, hospitality and banking.
The satellite programme is part of the UAE's far-reaching ambitions in space and outer atmosphere. (Khaleej Times)
11:00 GMT
'Nayif 1' has successfully passed all its tests and stages and will be launched into space on the Falcon 9 Rocket by SpaceX.
Investcorp said it’s European team had witnessed the most active period in its 30-year history over the last 12 months, having signed four new deals and exited eight European portfolio companies. (Shutterstock)
11:00 GMT
Following its acquisition of SecureLink in 2015, the Coresec purchase is in line with Investcorp's vision of creating a pan-European cyber security specialist.
The chief executive of IAG’s Aer Lingus, Stephen Kavanagh, said on June 1 that the UK might have to renegotiate its air services agreements with other countries, including the EU, if it leaves. (File photo)
10:00 GMT
Gulf airline chiefs have declined to comment on Britain's referendum results, but currency volatility, reduced profit growth and agreements permitting air connectivity are a major concern.
The first phase will begin with the construction of a 3-star hotel, which is expected to be completed in the first quarter of 2019. (Oman Tribune)
09:00 GMT
Al Khonji Real Estate has been granted permission to develop the 661,000 square metres site which will include a commercial and residential complex and amusement park.
Hussain Abu Hilal is a well-established HR professional with more than 12 years of work experience and a Bachelor’s degree in Business Administration. (Bayt)
08:47 GMT
The seasoned HR professional explains why investing in employees development pays off.
Lack of financial education cited as exacerbating economic inequality. (File photo)
08:11 GMT
With so many UAE residents caught in debt cycles, the significance of financial education is perhaps even bigger this year as oil prices and the resulting slowdown in economic growth force companies to axe jobs.
France is Saudi Arabia's third largest trading partner. (AFP/Stephane de Sakutin)
08:00 GMT
After yesterday's visit with President Hollande, Deputy Crown Prince Mohammed bin Salman will meet with French leaders to finalise major pacts in various fields.
Dubai is aiming to generate 7 percent of its total power from clean energy sources in the next four years, 25 percent by 2030 and 75 per cent by 2050. (File photo)
07:00 GMT
A consortium led by Abu Dhabi's renewable energy company is in talks with Gulf banks to fund the third phase construction of the largest single-site solar park in the world.
The world's top liquefied natural gas exporter is one of the richest countries per capita but it faces a $12.8 billion budget deficit this year because of the continued lower oil and gas prices. (File photo)
06:00 GMT
Qatar's foreign trade surplus dived 50 percent to $2.05 billion over lst year, due to the drop in energy prices.
The entertainment complex will be developed by the state-run Aqaba Development Corporation. (File photo)
05:44 GMT
The three-storey complex will host 50 shops and include three cinemas and a solar-powered drive-in cinema.

June 27, 2016

Over the past ten years, Jordan has witnessed a rising demand on electricity that ranged between 5-7 percent annually.
13:00 GMT
Jordan Nuclear Power Company CEO Dr. Ahmad Hiyasat said that the bilateral cooperation will ensure sustainable development and confront rising prices in the energy sector.
Saudi Arabia's IPO drive and platforms provided through Dubai Islamic Financial Centre and Nasdaq Dubai are significantly promoting the Islamic Capital Market towards its $10 trillion target. (File photo)
12:43 GMT
Islamic financial concepts are thriving in the modern age with the fastest growing rate among the capital markets.
The construction industry provides employment opportunities to job seekers with few academic qualifications. (File photo)
12:31 GMT
Given the vast number of projects underway and the increasing strain to meet industry demands, there’s no shortage of challenges in the construction sector, especially when it comes to retaining a quality workforce.
Use of the new technology is likely to be refined over time as internet companies continue to discuss the issue internally and with competitors and other interested parties. (File photo)
12:25 GMT
The move is a major step forward for internet companies that are eager to eradicate violent propaganda from their sites in the face of increased global attacks and government pressures to prevent them.
The Israeli settlement of Ma'ale Adumin, in the West Bank, February 25, 2016 (Times of Israel/Yonatan Sindel).
12:15 GMT
The money trail for Amana, the West Bank settlement construction movement, is said to show groups pouring millions via a pipeline controlled by a Jewish Argentinian tycoon.
Agricultural products, chemical engineering products, furniture, and garments are some of the most important Egyptian exports to Britain. (Shutterstock)
12:00 GMT
With $777.4 million in Egyptian exports to the UK last year, Egypt's trade agreements with its third-largest trading partner are thrown into disarray by the Brexit vote.
The LuLu Group currently operates 126 stores across the GCC, Egypt, India, Indonesia and has a workforce of more than 38,000. (File photo)
11:00 GMT
Following the opening of its first Kuala Lumpur hypermarket, the Abu Dhabi-based retail giant continues its expansion across Asia with plans for a new $500 million center.
Vice has hired an “independent management team” to adapt content to the region’s sensitivities and tailor programming to local markets.
10:00 GMT
Vice has partnered with Moby Group to bring its bold reportage programming to 12 countries including Iran, Egypt and Saudi Arabia to serve a 'surging youth population'.
Investors expect turbulence in the markets at least until Britain elects a new Prime Minister. (File photo)
09:00 GMT
All seven GCC bourses reacted negatively in the first trading session after Britain, as uncertainty continues to plague global markets.
Deputy Crown Prince Muhammad Bin Salman and Bill Gates. (SPA)
08:00 GMT
Prince Muhammad Bin Salman ends his US visit by meeting Silicon Valley tech giants and announcing a new welfare initiative between the Misk Al-Khair Charity Organization and the Bill & Melinda Gates Foundation.
US company Noble Energy currently owns 36 percent of the rights in the Tamar gas reservoir. (File photo)
07:00 GMT
The US company must reduce its stake in the reservoir by 25 percent, following the new gas agreement with the Israeli government.
Lebanon's imports from Britain stand at only $600 million a year while exports to the country are valued at $40 million. (LinkedIn)
06:00 GMT
With 30 percent of Lebanon's imports coming from the EU, the decline in the euro following the Brexit vote will cut Lebanon's import bill and increase its purchasing power.
Emaar Properties chairman Mohamed Alabaar at the opening of Dynergy Technologies' state-of-the-art switchboard manufacturing plant in TechnoPark, Dubai in 2010. (World Property Journal)
05:23 GMT
Unveiled by Sheikh Mohammed, the strategy includes 75 initiatives that aim to transform the UAE into a global platform for manufacturing businesses, while promoting energy efficient processes.

June 26, 2016

Recent assets acquired by Middle Eastern investors include Claridge’s, The Connaught and the Berkeley in London’s Knightsbridge. (File photo)
13:30 GMT
US dollar or UAE dirham investors will find the price of an average prime Central London residential asset $96,000 less than it was on June 20, according to Cluttons.
The agreements were supported by the Central Bank of Jordan (CBJ) which allows banks to use money allocated to the energy sector against low interest rates when funding programmes implemented by the fund.  (Shutterstock)
12:30 GMT
The JREEEF programme includes financing for households to install solar heaters, electricity-generation systems using solar energy, and for SMEs.
Female employment rates are calculated by dividing the number of Saudi women registered in social security by the establishment’s total employment numbers. (File photo)
11:30 GMT
The five-tier method for calculating 'nationalization points' in the Nitaqat Program has been revealed alongside plans to introduce more reforms to the nationalization program.
The new feature relates specifically to watching videos through the Samsung VR, though other VR headsets will soon get the same feature soon. (Twitter)
10:40 GMT
The social network will now let you post the same one click responses which you can add to any other post, to VR videos.
Following announcement of the Brexit vote, the sterling-dirham exchange rate hit an all-time low of AED4.8. (File photo)
10:30 GMT
UAE currency houses are expecting an increase in remittances to the UK with the fall in the pound against the dollar and the start of the summer holidays.
You must keep an eye on bank notices to make sure that fees and charges are still within your comfort zone. (File photo)
10:10 GMT
There are many other bank fees that you may not know about until you need a service.
Each year, hundreds donate food, bedding, toiletries and clothes, which are then handed out to those in need. (Tyler Brownbridge/Windsor Star)
10:06 GMT
Ramadan is considered one of the best times for companies, no matter how large or small, to give back to the community.
Tourists on a dhow boat in the Strait of Hormuz, Musandam, Oman. (Shutterstock/Imran's Photography)
09:30 GMT
investments required to implement the Omani Tourism Strategy (2016-2040) would be about $18.968 billion, 88 per cent of which will be borne by the private sector..
Saudi King Salman bin Abdulaziz Al-Saud had earlier issued a decree to secure Egypt’s needs of petroleum over the next five years. (File photo)
08:43 GMT
Saudi Arabia’s Aramco will supply Egypt with petroleum derivatives for five years, starting from last May, at an interest rate of 2% and a grace period of at least three years.
Sukuk issuance has been growing in Turkey and Qatar. (File photo)
07:30 GMT
Turkish Islamic banks’ market share are expected to double to more than 10 percent by year-end 2025, while as recent government initiatives in Qatar have led to significant growth of Islamic banking.
BP in January said it would trim around 600 from its payroll to ensure it remains competitive in the North Sea environment. (Shutterstock)
06:36 GMT
As G7 members warn of excessive volatility following Brexit, oil and gas experts call for unity as it charts a strategy for the transition.
For the British energy sector, Oil & Gas U.K. said in a statement the industry is "at a critical juncture."  (Shutterstock)
06:00 GMT
Oil prices followed the global markets' plunge on Friday in reaction to the shock vote in favor of Britain leaving the European Union.

June 24, 2016

Prime Minister David Cameron in 2013 with the Crown Prince of Abu Dhabi Sheikh Mohamed bin Zayed Al Nahyan. (Stefan Rousseau)
18:25 GMT
Extracting itself out of the EU-GCC stalled FTA process may actually breathe new life into the UK's trading relationships with the Gulf, as well as with other parts of the world.
Economists say the bilateral trading landscape between the GCC and the UK may not necessarily be harmed by Brexit. (Shutterstock)
12:41 GMT
GCC investments in the UK are for most part not made with the motive of accessing European markets but rather they are standalone investments made in their own right, in areas such as real estate and hospitality.
David Cameron announces that he will stand down as Prime Minister following his unsuccessful leadership of the Vote Remain campaign.  (AFP/Adrian Dennis)
09:37 GMT
The FTSE 100 has fallen to its lowest level since the 2008 financial crisis, with further market turmoil expected following the Brexit vote and David Cameron's resignation.

June 23, 2016

The most important thing about being in your 20s and saving, is simply getting into the habit – walk before you run.  (Shutterstock)
13:32 GMT
As you celebrate your 30 year milestone, it's time to evaluate your finances and take steps to be better off in the future.
Nearly 100,000 animal rights campaigners signed a petition to protest the opening of a Sea World park in Dubai last year. (Sea World San Diego)
13:00 GMT
The CEO of the aquatic entertainment company reportedly met with Deputy Crown Prince Muhammad Bin Salman to discuss opportunities in Saudi Arabia.
The main reason almost all cities in the Middle East increased in rank is that their currencies are pegged to the US Dollar.  (File photo)
12:00 GMT
Amman and all of the major Gulf cities have jumped up in the rankings of the most expensive cities in the Middle East and globally.
Even after you’ve turned on Google Prompt, your other authentication methods will continue to work as well. (
11:39 GMT
Google Prompt streamlines the cumbersome authentication process by allowing you to log in securely in one step without the use of codes.
To stay ahead of the curve, there is a lot more to be done in addition to excelling in the current position. (Shutterstock)
11:20 GMT
Increase the opportunities available to you by keeping up to date with the skills that your industry needs.
The ban comes after the CSRD sentenced MMG founder Mohammad Al-Mojil and his son Adel Al-Mojil, the firm’s chairman, to five years in jail on Thursday. (Deloitte)
11:00 GMT
The global accountancy firm was banned from audit work for two years by Saudi Arabia’s market regulator in relation to the case against Mohammad Al-Mojil Group (MMG).
The deal with the SGRF is part of a new $275-million capital raising by Kenmare. (Shutterstock)
10:00 GMT
Oman’s State General Reserve Fund has acquired a 29.2 percent stake in the zircon and titanium mining company.
Microsoft CEO Satya Nadella met Deputy crown prince Muhammad Bin Salman in Silicon Valley on Tuesday. (AFP/File)
09:00 GMT
Under the knowledge-sharing MoU with Microsoft, the tech giant will train young Saudis in computing technology, as well as expand its systems support centre at Saudi Arabia’s royal court.
ADDED has destroyed 165,000 counterfeit and fake items seized during raids in recent months. (Pinterest)
08:00 GMT
The Abu Dhabi Department of Economic Development is intensifying raids and imposing heavier fines for companies selling fake products.
The EgyptAir flight was carrying 66 people on board including 30 Egyptians and 15 French nationals when it crashed on May 19 en route from Paris to Cairo. (AFP/Khaled Desouki)
07:00 GMT
EgyptAir has announced the $25,000 temporary compensation based on international measures of insurance as an initial tranche, 'untli further procedures can be taken'.
The academy educates military and civilian personnel in public administration, management logistics, strategic planning and analysis, rule of law and governance. (Wikimedia Commons)
06:14 GMT
The US Army contract is for equipment, training, sustainment and support for the Iraqi academy which educates future military and civilian leaders.
The Yemeni curriculum will be taught in coordination with the Yemeni Ministry of Education, with educational materials transformed into computer and television resources. (Tumblr)
05:47 GMT
A successful distance-learning pilot program is being rolled out for Yemeni students in camps for the displaced inside Yemen and refugee camps in Djibouti, sponsored by the King Salman Center for Relief and Humanitarian Aid.
Brexit expectations have had a grip on global confidence and the “Bremain” hopes could encourage a forced appreciation in European and American equity markets. (Shutterstock)
05:11 GMT
As Britain goes to the polls to decide their future with the EU, experts warn of market volatility and discourage investment over the next four days.

June 22, 2016

Qatar's Mayhoola also owns the Valentino label. (AFP/File)
13:30 GMT
Qatar's sovereign wealth fund has acquired the French couture company in a deal reportedly worth $522 million.
Experts warned that the Dead Sea is on course to dry out by 2050. (File photo)
12:30 GMT
Seventeen companies have bid for construction of the Red Sea-Dead sea water sharing project, after the date for submission of tenders was extended by three weeks.
The new device will allow better service provision by government and private sector bodies. (Arab News)
12:25 GMT
The device includes data on pilgrims’ licensed service providers, accommodation in Mecca, Madinah or the holy sites, and telephone numbers of those helping them.
Egypt received $19.7 billion in remittances from its citizens working abroad in 2015, says Fattouh. (AFP/Khaled Desouki)
12:22 GMT
Egypt ranked first among Arab countries and seventh internationally in receiving remittances, where it acquired about 40.4% of the total remittances sent to the Arab region.
An adviser should be willing to explain the logic behind any recommendations. (File photo)
12:14 GMT
Learning more about how to manage money efficiently can help increase confidence and lead to more financial security.
It is important to have a happy balance of both money and career satisfaction. (File photo)
11:45 GMT
Many jobseekers often have to choose between higher pay or career growth when considering a new offer.
The Ministry of Labor and Social Development has launched a new jobs portal to help match employers with domestic workers.  (File photo)
11:30 GMT
Over 200 recruitment agencies have been licenses to operate in Saudi Arabia to meet the high demand for domestic help, with another 129 offices given initial approval.
Jordan's Wadi Mujib was declared a biosphere reserve by UNESCO in 2011. (Flickr)
10:30 GMT
A partnership between The Housing Bank for Trade and Finance and USAID will support loans for businesses working in community-based tourism.
The announcement by the airline came despite earlier statements by a regional BA official that flights might resume to Sharm El Sheikh in September. (Facebook)
09:30 GMT
BA's announcement that it is extending their flight suspension to Sharm El Sheikh 'indefinitely' is the latest blow for the Red Sea resort.
Corneliani was founded in 1958 and is one of Italy’s longest standing independent brands. (Corneliani)
08:30 GMT
The Bahraini investment firm continues its buying spree with its $100 million purchase of the 55 percent stake in the Italian clothing company.
For Schlumberger, the deal follows more than a year of lackluster momentum in the side of the energy sector it services. (Schlumberger)
07:30 GMT
The energy giant's OneSubsea subsidiary will help with the fast-track development of the Mediterranean's largest-ever gas discovery.
Sudan’s official application to join the most powerful legislative and judicial body regulating international trade has been delayed for more than 22 years for political and economic reasons. (File photo)
06:50 GMT
Sudan is pulling out all the stops to join the World Trade Organization by July of next year.

June 21, 2016

Staycations allow travellers to focus expenditure on the stay versus the journey. (File photo)
13:00 GMT
The combination of a sluggish economy and wider variety of recreational choices at home means that UAE residents are increasingly choosing to stay rather than go away on holiday.
It’s always difficult to determine the bottom of a market. (Shutterstock)
12:57 GMT
When market sentiments are low, buying opportunities often present themselves.
Put your spare time to good use this summer. (File photo)
12:53 GMT
Summer may be the perfect time to relax and recharge, but it is also the perfect time to pick up a few new skills.
Muslim Pro also features a map of halal restaurants and mosques. (Khaleej Times)
12:40 GMT
New and old popular apps designed to help guide you through Ramadan and beyond.
The IMF issued a fresh warning that a British vote to leave the EU would likely lead to slower economic growth and higher unemployment over the coming years. (Shutterstock)
12:07 GMT
Two days before Britain holds a referendum to decide whether or not to remain in the EU, industry experts weigh in on the possible impact of Brexit on the Middle East.
The IWI Tavor assault rifle, widely exported worldwide, on display at an arms fair. (IWI)
12:00 GMT
Opposing Israeli political factions are working to force disclosure of countries where Israeli arms are being exported, and to ban export licenses to countries committing 'severe infringements' on human rights.
Oman wants to replicate the success of waterparks in its neighbouring countries. (Shutterstock/Olga Vasilyeva)
11:00 GMT
The project will be developed and financed in partnership with the private sector, in a bid to attract more families.