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February 4, 2016

Oil prices are currently hovering around $32 per barrel. (Shutterstock)
14:00 GMT
Despite the continuous downward spiral of oil prices, Goldman Sachs, Citigroup and a poll by Bloomberg predict a gain in prices by end year.
For the Sobha Group to make an entry into the same space represents a major tweak in strategy. (Shutterstock)
13:00 GMT
The luxury property developer aims to offer high quality accommodation at low prices, filling a much-needed gap in Dubai's housing market.
Egypt has been undper pressure to improve its security measures following the downing of a Russian plane in October. (Travel Daily News)
12:00 GMT
Two new explosive detectors will be installed at checkpoints on the road to Cairo International Airport.
Applications such as automatic traffic mapping and advanced remote diagnostics and repair are still about five years away from mainstream adoption. (Shutterstock)
11:26 GMT
The Connected Car Industry Report predicts that smart cars will be standard in the future.
About 24 percent of samples taken from the plants were found contaminated by E.coli bacteria. (
11:00 GMT
A new study has found that the majority of the Kingdom's drinking water bottling plants do not comply with hygiene and environmental protection regulations.
The plant will push forward the green agenda and generate jobs for Bahrainis. (File photo)
10:28 GMT
The Solar-1 project will have an initial $2.65M investment and aims to produce 60,000 panels annually.

Reports last month suggested Barclays was looking to cut up to 1,200 jobs worldwide and shut securities operations across Asia. (HITC)
09:00 GMT
Barclays announced that it will close its Emaar Square offices in Downtown Dubai and cut jobs as part of a worldwide restructuring.
Take advantage of the space to tell a story of about yourself. (Shutterstock/d8nn)
08:07 GMT
If you are a jobseeker and haven't harnessed the power of LinkedIn as part of your hunt yet, here are some basic tips.
Lafarge Holcim workers overlooking their cement plant in Jordan. (Lafarge Holcim)
08:00 GMT
Lafarge Jordan awaits approval on a proposed plan to develop the site of cement factory site into a green residential scheme.
The city centers rehabilitation projects in Riyadh Province include Al-Diriyah city center development project. (Haya Tour)
07:45 GMT
The World Bank and the Saudi Commission for Tourism and National Heritage (SCTNH) are launching a three-year study to encourage investment in Saudi's historic sites.
The new Recognised Membership application process will help bring the markets of Egypt and the UAE closer together. (AFP/File)
07:00 GMT
Dubai's stock exchange has streamlined the membership process to facilitate Egyptian brokerages' easier participation.
The Charter will also inform a new draft law which would protect online media outlets and their employees. (Wikimedia Commons)
06:00 GMT
Over a dozen news websites have signed a Charter of Honor for Electronic Websites, in an attempt to set principles governing electronic media in Lebanon.
There are 2.1 million children out of school in Syria and 700,000 in neighboring countries. (File photo)
05:06 GMT
UNICEF is coordinating the appeal on behalf of four million Syrian children whose learning has been disrupted by five years of war.

February 3, 2016

The US will spend some $1.8 billion for smart weaponry in the war against Daesh. (File photo)
14:30 GMT
The Pentagon has announced that it is increasing funding for the war against Daesh by more than 50 percent.
Al-Sisi met with Russia's minister of industry and trade to discuss strengthening economic cooperation between the two countries. (AFP/File)
14:00 GMT
The commission aims to establilsh a Russian industrial zone as well as stronger bilateral relations between Russia and Egypt.
Oman won't change foreign exchange rates it's had in place since 1986. (AFP)
13:30 GMT
Despite cheap oil prices damaging it's economy, Oman refuses to change its foreign exchange rate.
13:00 GMT
The delivery is part of a fleet expansion plan from 119 to 200 aircraft by 2020.
Christine Lagarde and other prominent figures have been confirmed as keynote speakers. (AFP/Fabrice Coffrini)
12:00 GMT
Jordan's Queen Rania, the IMF's Christine Lagarde and Italy's Emma Bonino are some of the high-powered women participating at the event on February 23 and 24.
Forecasters predict cheap oil prices will lead to economic turmoil in Saudi Arabia in 2016. (AFP)
11:30 GMT
With oil prices falling, Saudi Arabia's economy is running out of gas.
The trained eagles' claws are tough enough to seize amateur drones without risk of injury. (Google Plus)
11:22 GMT
A Dutch company is training eagles to catch amateur drones that are a threat to public safety.
Microsoft's prototype underwater server being lowered into the sea. (Microsoft)
11:06 GMT
Following the successful test of a prototype underwater data system, Microsoft is extending the size of the project.
GCC countries are looking closely at how innovative technologies can transform transport and logistics in the region. (Shutterstock)
11:00 GMT
Ahead of the Middle East Rail conference, here's a summary of the 16 rail projects currently underway in the MENA region.
An estimated 150,000 housing units should be complete by the end of 2016. (World Bank)
10:00 GMT
The loan will help boost liquidity for Egypt.s major national project to build one million units of social housing.
When you are overloaded with work, think about what would happen if you said no to requests for more. (Shutterstock)
09:12 GMT
Accepting more work shows you're a team player, but sometimes saying no is the better option.
The mixed-use waterfront of Sultan Qaboos Port is expected to become a major tourist destination for Oman. (Construction Week Online)
09:00 GMT
The successful transformation of South Africa's oldest working harbor into Cape Town's premier tourist destination has caught the eye of Oman's developers.
The Mosul dam could potentially collapse if repairs to it are not done soon. (AFP/Safin Hamed)
08:31 GMT
Italy's Trevi group contracted to handle essential repairs to Mosul dam.
During Ramadan, working hours are reduced to seven hours a day or 35 hours a week.(File photo)
07:57 GMT
Saudi Arabia’s Shura Council has rejected pressure from private businesses to maintain their decision on a two-day weekend and 40 hour working week.
The refugee influx in Europe has prompted countries to call for more stringent border security measures. (File photo)
06:30 GMT
International tourism officials are gathering at a three-day summit to discuss the implications of tighter border controls on the industry.
Certain careers such as hospitality, aviation and media.were found to be overlooked by Arab graduates. (File photo)
05:30 GMT
A new report indicates that despite opportunities available, many young Arabs are graduating universities and not joining the workforce.

February 2, 2016

The Predator 17 will have you howling with delight. (File)
14:49 GMT
The Predator 17 feeds on style and function and will eat its competitors alive.
The study found that the majority of Jordanians believe in the saying: “Spend and God will send.” (Shutterstock)
14:48 GMT
A new study has revealed that Jordanians are suffering from shopping addiction, overspending, competitive purchasing and other unreasonable buying behaviors.
Short-sightedness can derail your savings. (AFP)
12:48 GMT
Adhering to long-term plans can help you save more over time.
In 'Ultimate Tutankhamun', archeologists apply 21st century research methods to conduct a criminal investigation into the death of Tutankhamun.
(File photo)
12:36 GMT
Ultimate Tutankhamun, Saving Egypt's Oldest Pyramids, The Egyptian Job and Time Scanners will be given special air time throughout the month of February.
Total ICT spending in the region this year is expected to total $103bn, split between IT and telecoms. (Shutterstock)
12:30 GMT
IT spending in businesses is the latest casualty of low oil prices, with a slowdown in spending forecast for 2016.
Ganoub El Wadi Petroleum Holding Company and Trident Petroleum Egypt hpe to havea minimum of $4.5M from the yield. (Shutterstock)
12:00 GMT
Egypt's petroleum minister has approved an agreement for two firms to begin excavation on a 191sq km area southwest of Ta'er al-Bahr.
Innovation is only worthwhile if it results in action. (Shutterstock)
11:39 GMT
New ideas, and the ability to translate them into reality helps to improve financial performance. Here's how to encourage new ways of thinking at the office.
A Palestinian holds a placard as part of a protest during which they try to set up a tent on 8 June, 2013 near the Jewish settlement of Bat Ayin and the West Bank village of Surif, west of Hebron. (AFP/File)
11:00 GMT
The BDS movement in Jordan shared its criticism of the gas deal on Twitter, directing questions at officials.
Saudi high school students taking their final exams in Jeddah. (AFP/File)
10:37 GMT
Falling oil prices may teach Saudi students planning to study abroad a hard lesson.
The Arab Advisors Groups conducted the ranking based on nine categories, including number of prepaid and smartphone plans. (File photo)
10:25 GMT
Lebanon's position near the bottom of the Arab Advisors Group’s Cellular Competition Intensity Index remains unchanged from last year.
The Halal tourism sector has advanced following product investments in the UAE, the Maldives, Spain, Japan, the Philippines and Russia, and others.(AMEinfo)
09:44 GMT
The latest Global Islamic Economy Report indicates that the growing halal industry could be worth $3.7 trillion by 2019 with 10.8 percent annual rise in spending.
Venezuela's oil minister is meeting with Russia, Qatar, Iran and Saudi Arabia to discuss ways to boost crude prices. (Shutterstock)
09:20 GMT
Analysts from Goldman Sachs cast doubt on the likelihood of harmonized reduction in oil production, despite a campaign from OPEC member Venezuela.
Annual passenger traffic at Dubai International Airport increased by 10.7 percent over last year. (Vision Dubai)
08:00 GMT
Dubai International Airport first overtook London Heathrow in 2014 as the world' busiest airport in terms of international passengers numbers.
 The state of the art centre will cover one million square feet and is expected to welcome nine million visitors when it opens. (Image courtesy of The National)
07:30 GMT
The mega-library will have more than 4.5 million titles and will open in Al Jaddaf area of the emirate in 2017.
Al Said, the luxury yacht of Sultan Qaboos in the old port of Muttrah in Muscat. (Shutterstock/Philip Lange)
06:11 GMT
The cruise will take between seven and ten days, and plans to launch later this year by Khedri Jahan Darya Company.

February 1, 2016

The accumulation of trash has forced municipalities to begin burning it, which creates other health hazards. (AFP/File)
13:52 GMT
After false reports of Sierra Leone agreeing to import Lebanon's trash, Russia is the latest country to deny that they would accept the waste.
Banagas plans on multi-million dollar expansion. (AFP/File)
13:45 GMT
With the help of Japanese firm JGC, Banagas plans on expanding its business.
An initial eight commodities will be traded by the end of the year, with plans for expansion in five years. (Eco Global Business)
13:38 GMT
A bourse for the trading of the region's agricultural commodities will be launched as part of Egypt's plans to be a hub for grain exchange.
Saudi Telecom recently gained majority control of Viva. (Mubasher)
13:04 GMT
After months of negotiation, Saudi Telecom ups it stakes in Viva.
The Royal Atlantis Hotel will be an upscale apartment complex on 37 stories in Dubai. (Construction Week Online)
12:51 GMT
The consortium includes Chinese and European partners and will includes plans to build the $1.6B Royal Atlantis Hotel and $386M Palm Gateway project.
Working in the hospitality industry was rated less stressful than banking and finance sectors, according to the Bayt survey. (Shutterstock)
12:33 GMT
A better work-life balance helps to keep stress levels in check, but certain professions put on the pressure. Make sure your interests and disposition are well matched.
Bright ideas to help your savings grow.  (Shutterstock)
10:23 GMT
Weeding out a few misconceptions about money management.
Excessive sharing on social media can leave one with little space for accommodating a partner's needs. (File)
10:07 GMT
Trust, personal opinions, and personal space in relationships all get eroded by overusing social networks.
The sky's the limit for Abu Dhabi's upcoming kite festival. (Pixabay)
09:56 GMT
Abu Dhabi will host its first-ever Kite Festival on February 19.
Traditional health care facilities have not kept pace with demand, leaving a gap being filled by home care treatment. (Shutterstock)
07:18 GMT
Demand for quality home care is outstripping supply in the GCC due to factors such as demographics, over-capacity in public facilities, and high numbers of chronic lifestyle ailment sufferers.
Iraq, Syria and Libya have not prevented commercial airlines from using their airspace as the UN has not declared them as no-fly zones. (World Airline News)
06:13 GMT
Higher security-related costs such as insurance premiums and higher fuel consumption present major challenges for airlines flying over the region.

January 31, 2016

Bahrain has signed an agreement with China that will facilitate tour operators to send large groups to Bahrain this year. (Facebook)
15:28 GMT
Bahrain has enlisted UK agency M&C Saatchi to spearhead a global tourism campaign that will have a soft launch at Bahrain Formula One in April.
The idea of carpooling is not new, but the widespread usage of smartphones has facilitated implementation. (Lebfeed)
14:13 GMT
In a welcome move to ease Lebanon's crowded roads, a Lebanese engineer has invented a new carpooling app that connects hitchers with rides.
Trump's inflammatory comments about Muslims drew the ire of Arab businessmen, with whom Trump has many financial investments. (AFP/File composite)
13:50 GMT
The billionaires continue their battle on Twitter.
Items such as household appliances, food, plastics, and clothing will be affected by the new customs tax increase. (Wikimedia Commons)
13:11 GMT
Under Egypt's latest measures, higher import taxes on hundreds of imported products will be imposed on February 1 in an effort to protect local industries.
The SSE initiative aims to explore how exchanges can enhance corporate transparency. (RT)
08:34 GMT
Qatar becomes a Partner Exchange and commits to transparency and maintaing standards under the voluntary United Nations Sustainable Stock Exchanges initiative.
Save the next generation from financial illiteracy by teaching them about money when they're young. (Shutterstock)
08:19 GMT
Whether it's done with tech or talk, children should learn the basics of financial literacy: saving, borrowing and shopping around.
Be careful about revealing too much to new acquaintances and partners in case the relationship sours. (Shutterstock)
08:15 GMT
Loose lips can sink ships, and your reputation too. Keep it confidential when it comes to talking about your co-workers.
Bahrain's Government Action Plan has made cost-cutting measures, but has not yet adopted all of the IMF recommendations. (File photo)
06:46 GMT
The IMF has warned Bahrain that urgent fiscal reforms are needed to combat the country's widening deficit.
The emirate plans to source three-quarters of its total power output from clean sources by 2050. (File photo)
06:12 GMT
The Dubai Electricity and Water Authority has opened the tenders for the development of the Dubai Green Fund, the framework for clean energy investment.

January 28, 2016

Le Grand Hotel Paris passed into Qatari hands in 2014 when it was sold by InterContinental for 330 million euros to Constellation Hotels. (
14:00 GMT
Landmark hotels in London and Paris have proven to be irresistible to Arab investors.
An estimated 1.5 million homes are needed to bridge the demand. (Imad Company)
13:30 GMT
Rental demand in Saudi Arabia is expected to increase as low oil prices have slowed the construction of affordable homes.
The new facility is scheduled to open in 2017 and will offer advanced medical care to children with the support of CHOP expertise. (PR Newswire)
13:00 GMT
The new partnership will establish a state-of-the-art pediatric center in Abu Dhabi and allow seamless referrals of specialized cases to the renowned children's hospital.
Iran's Khodro Haima S7 was launched in 2015. (
12:00 GMT
According to the plan, some 20,000 cars are expected to be built in the $200M factory in Oman, which is expected to break ground by the end of 2016.
King Saud bin Abdulaziz University for Health Sciences in Jeddah, Saudi Arabia. (Perkins & Will)
11:00 GMT
Saudi Arabia’s King Abdulaziz University and The American University of Beirut are the top universities in the Arab world, according to the latest Times Higher Education table.
Dubai Islamic Bank's 2015 profit jumped by 37 percent. (Google Plus)
10:32 GMT
Despite challenging markets, DIB has joined the billion dollar profit club for 2015.
Syrian children in Zaatari refugee camp, Jordan. (AFP/File)
10:00 GMT
The grant is part of NetHope Foundation's Project Reconnect, which targets refugee education.
Local investors are concerned that amendments to the foreign investment laws will have a negative impact on small businesses. (Shutterstock)
09:30 GMT
A draft proposal to encourage foreign investment would overturn the current requirement for foreign investors to have Omani partners with at least a 35 percent stake.
The Microsoft Band allows you to choose from 40 lifestyle goals and helps you set achievable targets. (Techebizz)
09:16 GMT
Whether your goal for the New Year is fitness, financial or family-oriented, there's an app to help you.
The dam project will provide more irrigation water to the region of Cap Bon. (Wikimedia Commons)
08:41 GMT
The Arab Fund for Economic and Social Development deal comes as a loan to support two dam projects and to conduct income-generating feasibility studies.
“It’s all about your story. Work on it and move if you feel that you’re not being yourself or that you‘re unable to grow or pursue your dreams.” (Photo courtesy of Qatar is Blooming)
08:29 GMT
Zeid Hreish joined Uber as Senior Operations Manager and has oversen launches in Qatar, Bahrain, Riyadh and Jeddah.
The Hilton Hotel in Taba. (Wikimedia Commons)
08:10 GMT
With occupancy rates below five percent, the majority of hotels in the Red Sea resort of Taba have been forced to shut down.
Bahrain's Central Bank put Future Bank and the Iran Insurance company under administration last year. (Central Banking)
06:49 GMT
The joint venture between Iran's Bank Saderat, Bank Melli and Bahrain's Ahli United Bank was put under administration last year.
Jordan will host the International Exhibition of Arms and Military Equipment, also known as KADEX 2016. (File photo)
06:17 GMT
Jordan is set to purchase an undisclosed number of Arlan armored vehicles, weapons and equipment under a new military cooperation agreement with Kazakhstan.
Qatar Airways' Doha-Santiago route will become the second longest flight at 18 hours and 25 minutes. (Facebook)
05:57 GMT
The proposed Doha-Auckland route would take 18 hours and 25 minutes, beating the Qatas Dallas-Sydney and Dubai-Panama City routes.

January 27, 2016

The government of Bahrain currently owns 100 percent of Gulf Air. (File photo)
14:00 GMT
Bahrain's lawmakers want to sell off the country's biggest companies, including Gulf Air and the National Bank of Bahrain.
The project is currently in the design phase and is expected to be operational in another four years. (File photo)
13:00 GMT
The 100,000 square foot wellness center at Dubai Healthcare City in Al Jadaf in the next four years.
A clause dissolving the need for a minimum capital investment of 150,000 Omani riyals ($388,289 or Dh1.42 million) is likely to be introduced. (
12:00 GMT
New incentives to Oman’s Foreign Investment Capital Law are expected to include the removal of minimum investment amounts to boost job creation.
The Lumia 950 is equipped with a 5.2-inch AMOLED screen with a resolution of 1440 x 2560 pixels.
11:17 GMT
Microsoft has been trying to get a foothold in the mobile market for a few years now, and the Lumia 950's hardware is definitely on par with the best phones out there.
Mentoring, group games and training by internal teams are cost-effective ways to train staff. (Shutterstock)
11:04 GMT
If you don't have a big budget to invest in employee training, consider these six ways to keep costs down.
Also included in the new cap are production machinery, pharmaceuticals, and manufacturing components. (FX Comment)
11:00 GMT
The ECB has raised the ceiling on dollar deposits for imported basic commodities from $50,000 to $250,000 monthly, with no daily cap.
Vikings is an Irish-Canadian historical drama television series now in its fourth series on The History Channel. (Vikings TV Series)
10:00 GMT
New offerings include Yahala Cinema HD, offering Arabic films shortly after theatrical release, H2 HD from the History Channel, and First HD Home of HBO.
You need to make sure that even a small repayment every month is feasible in the long run. (File photo)
09:16 GMT
Consider these three questions before looking for finance.
The proposed changes are intended to make working conditions in the private sector more attractive for Saudi citizens. (Muslim Daily)
09:00 GMT
Retailers are concerned that a 9pm closure is inconvenient in the hot summer months, and will have a negative effect on sales.
The Zika virus, transmitted by the aggressive Aedes aegypti mosquito, has now spread to at least 25 countries. (
08:46 GMT
The Zika virus is spread by the same mosquito that spreads dengue and yellow fever viruses, and it's spooking travelers around the world.
The initiative features four main approaches, six objectives, 15 programmes and 93 initiatives. (Shutterstock)
08:00 GMT
Sheikh Mohammed bin Rashid Al Maktoum has unveiled a revamp of Dubai's health strategy that targets health and lifestyle, excellence in providing service, smart healthcare and governance.
Thirty percent of MENA startup investors located in Lebanon, Jordan and Palestine, according to ArabNet. (ArabNet)
07:00 GMT
With over $700 million were invested in tech startups in MENA between 2013 and October 2015, ArabNet Beirut 2016 optimism is high for its upcoming conference.
Stage One of the network from Shah and Habshan to the port of Ruwais will not be affected by the new suspension. (Railway Gazette)
06:28 GMT
The suspension of plans involves the construction of a rail network between Abu Dhabi, the Saudi and Omani borders and Jebel Ali Port in Dubai.

January 26, 2016

The video feature is available on both iOS and Android versions. (Gear Open)
16:52 GMT
The music app has quietly launched its video channel, which will feature content from ESPN, Comedy Central, MTV, BBC, Vice News, Slate, and more.
Malaysia's Prime Minister Najib Razak smiles to photographers after attending a parliament session in Kuala Lumpur on January 26, 2016. (AFP/Mohd Rasfan)
16:29 GMT
Malaysia's Attorney General has found no evidence of corruption in the transfer of millions of dollars by the Saudi royal family to the Prime Minister's bank account in 2013.
OPEC, lead by Saudi Arabia, has thus far resisted calls to cut production. (AFP/Barbara Gindl)
14:30 GMT
As OPEC's chief calls for cooperation to help oil prices recover, Russia's largest oil producer has said it would follow any OPEC decision to cut production.
The vessels will be built using state-of-the-art technology and equipment. (Twitter)
14:00 GMT
ADSB has won the bid to provide Kuwait with eight patrol boats that will boost the country's maritime defense capabilities.
Mubadala Healthcare’s venture with the Cleveland Clinic in Abu Dhabi is an example of a master-development medical cluster. (Zutec)
13:00 GMT
With an aging demographic and growth in medical infrastructure, Gulf markets are attracting investment in healthcare assets.
UAE-based Al Futtaim Group, owner of the Carrefour hypermarkets chain, was ranked 172nd. (
12:00 GMT
Deloitte's 'Global Powers of Retailing' report analyzes the performance of the 250 largest retailers around the world for the 2014-2015 fiscal year.
Eight of the eleven longest flights in the world are serviced by Middle Eastern carriers. (Twitter)
11:00 GMT
The combination of lower oil costs, new airports, larger fleets and leading services in MENA is changing the aviation landscape.
The maritime complex will boost economic growth. (Trade and Export ME)
10:00 GMT
Saudi Aramco, Bahri, Lamprell Energy and Hyundai Heavy Industries have inked a deal to construct a new maritime complex in Saudi Arabia.