April 28, 2016
Leaked documents allegedly include photos, bank details and contact details of customers including members of the Al-Thani family, Al Jazeera journalists and government officials.
If the next generation could learn from your financial mistakes, what would you tell them?
University of California researchers have found that the navigation and traffic monitoring app can be hacked to track users movements in real time and create fake traffic jams.
Kuwait continues to put the pressure on expats, who account for 70 percent of the population.
The Jordanian capital's place at the top of a report by the Economist Intelligent Unit is dividing opinion.
A combination of pressures including low oil prices will drive property prices down by ten percent and dampen expansion plans according to Standard and Poor's.
FTI, Germany's fourth-largest tour operator, accused the tourism minister of refusing to listen to the requests of trip organizers.
Sheikh Maktoum has announced Dubai's new strategy to promote 3D printing technology in construction, medical products and consumer products.
With online interviews becoming increasingly common, be aware of the extra preparation needed beforehand.
In addition to an IPO, the energy giant plans joint ventures, a focus on local recruitment, a sukuk issue and new management structure.
Qatar's $12.7B budget deficit may delay the sale of a major Lockheed Martin THAAD missile system deal.
April 27, 2016
In the wake of the Bangladesh Bank heist, the global financial transfer network revealed that it has been the victim of several cyberhacks.
In cooperation with Emaar, Harrods is showcasing the best of Dubai in its second-floor windows in London.
From a purely financial standpoint, a sick employee will cost you in more ways than one, so it's worth investing in their wellness.
Interactive Middle East Company has ranked 22 countries according to broadband speed.
Bahrain's Tourism and Exhibitions Authority has launched the 'Ours.Yours.' campaign to stimulate investment and attract tourists.
In an effort to trim budgets, Oman's Finance Ministry is tackling the large discrepancy in bonuses and benefits being paid to public sector workers.
An account held by BDS with the Credit Mutuel bank in France appears to violate French law, while branches in New York are awaiting the outcome of anti-BDS proposals.
A World Bank economist predicts a rise in oil prices, unless OPEC significantly increases production.
The new terms for the IMF's $700M-$800M Extended Fund Facility are expected to include more fiscal reforms and structural adjustments.
In December Qatar Airways refused to take delivery of Airbus’ new A320s due to technical problems which have not yet been resolved.
Bahrain's King Hamad bin Isa Al Khalifa is on a two-day official visit to boost bilateral relations and investments.
Dubai's Address Downtown hotel will not open this year due to renovations following the New Year's Eve fire.
April 26, 2016
Abrar Ahmed, founder of Hamariweb.com, Pakistan's largest web portal, shares tips on how he attracts top talent to his startups.
What you need to know about Saudi Arabia's plan for economic transformation.
Huawei's P9 and P9 Plus models take smartphone photography to the next level with help from Leica.
The new targeted completion date for the 2,117km railway, estimated at a cost of $15.4B, is 2018.
The IMF's MENA director praised Saudi Arabia for its Vision 2030 plan, but warns that other countries must do more to offset the impact of cheap oil.
Dubai's Crown Prince inaugurated Dubai's first driverless vehicle which is being developed to play a part in Dubai's smart city plans.
Talks to partner with Saudi Arabian carrier Al Maha have been hit by repeated delays, while Qatar Airways warns that investment in the beleaguered Italian airline will not come without job cuts.
Insufficient local expertise and less-than-suitable workplaces for women may lead to the loss of telecoms businesses as they struggle to meet Saudization regulations.
Israel's energy ministry is investigating a Dutch consultancy's claim that the Leviathan gas reservoir contains almost a quarter less than previously estimated.
The Canadian aviation company have only confirmed that 'exploratory discussions' in Iran are underway.
The government is also battling the effects of pound devaluation by selling commodities at designated locations at 50 percent lower than market value.
With production cut by up to 60 percent, the three-day strike over proposed austerity cuts lead to losses between $175M and $200M.
April 25, 2016
King Salman announced that the much-anticipated transformation plan to move the country away from oil dependency has been approved.
Emirates' plans for expansion in Latin America are being scuppered by its failure to procure strategic code-share agreements, but the airline remains hopeful.
The move is part of 'The Kingdom is Muslims’ Destination' tourism initiative and is also available to business visa holders and GCC citizens.
The new app uses facial recognition to alert the user when they are too close to the screen, helping to prevent eyestrain and myopia.
When it comes to protecting your data online, sweat the small stuff.
If you're looking to move up the corporate ladder, be prepared for tougher questions during the interview process.
The mixed-use, $2.2B Cairo Festival City project enters its second phase of development with plans for more homes and administrative buildings.
Some of the Middle East's best apps for training the brain!
The prospect of Gazprom joining the Leviathan partnership, rebuffed in 2013, was raised during Netanyahu's meeting with Vladimir Putin in Russia last week.
Credit rating agencies have put Bahrain under pressure to reduce spending or risk junk bond status.
A German consortium has plans for a solar power project with the capacity to generate one gigawatt, subject to approval by the Omani government.
The Marvel and Cartoon-Network themed destination is set to be the world's largest indoor theme park.
April 24, 2016
Ahead of the much-anticipated National Transformation Plan, the financial advisor to the deputy crown prince revealed that nearly a quarter of the budget was wasted on inefficient spending every year.
Proposals for the Red Sea-Dead Sea Water Conveyance Project have been delayed until May 30.
An employer’s duty of care to a pregnant employee should extend beyond ensuring she is covered for insurance purposes.
The agreement was confirmed during a visit to Cairo by Abu Dhabi's crown prince, Sheikh Mohammed bin Zayed al-Nahayan.
The signing represented the biggest day-one endorsement of a global accord, but many states still need to a parliamentary vote to approve the deal.
April 21, 2016
Barack Obama's whistle-stop tour has the outgoing President tiptoeing around issues from the US-Iran relationship to Brexit.
Samsung thinks pink for the Galaxy S7 and S7 Edge.
While visitor numbers remain low, there are positive signs of recovery for Tunisia's tourism industry.
The Al Ain safari park features 217 hectares of open space and more than 250 animals.
Saudi's first international loan in 25 years is a reflection of the pressures caused by low oil, but could encourage corporate sukuk, bond issuances.
In today's unpredictable economy, can you cover an emergency expense, or provide for your family in a period of unemployment?
Creating a strong sense of corporate purpose in today's diverse workforce requires good communication and should come from the top.
The beleaguered construction giant eyes India expansion, but foresees job cuts in order to come out of the red next year.
The global information giant expands its Middle East operation with a new deal with ADGM.
An American Express survey has found that high-income Qataris spend double the amount as Emiratis on luxury products and services.
The Emirati business magnate aims to support 15,000 STEM students over the next ten years to attend the world's top universities.
Fitch has downgraded the ratings of six oil giants including Shell, Total and Eni as low oil prices eat away at predicted cash flows.
The inspections are the latest in a series of foreign assessments following since the fatal downing of a Russian plane over Sinai in October.
April 20, 2016
Lebanese banks have been warned that US anti-Hezbollah regulations extend to all currencies, including the Lebanese pound.
Snapchat and other internet calling apps such as Viber and Whatsapp do not necessarily have to be revenue drains for UAE telecoms firms, argues an industry expert.
Islamic finance could play a 'modest' role in achieving the UN's sustainable development goals, according to Standard & Poor's global head of islamic finance.
Iranian MPs have endorsed the draft budget, which sets oil at $40 a barrel and nearly doubles the quantity exported prior to sanctions.
French President Hollande announced that France would increase its financial aid to Jordan by extending 1 billion euro in cheap loans over the next three years.
Dubai entrepreneur and Emaar chairman Mohamed Alabbar has bought a four percent stake in the Milan-listed luxury retailer.
Thousands of striking oil and gas workers in Kuwait returned to work this morning, after intervention from the acting oil minister.
Personalize your workspace so that it brings you joy and inspiration.
Palmyra's Triumphal Arch, destroyed by Daesh, has been reproduced with 3D printing and carving technologies by the Institute for Digital Archaeology and unveiled in London.
Dubai's largest lender is the latest to announce job cuts, as the banking industry struggles to save costs in a weaker economy.
Bugs Bunny and company will find a new home on Yas Island in 2018, in a billion-dollar project that is expected to create 1,000 jobs.
One month after the fatal air crash in Rostov-On-Don, the airline has launched a website to express condolences for those who perished on flight FZ981.
April 19, 2016
A strike by 6,000 oil workers in Kuwait has reduced the country's output to to just 1.1 million barrels per day, compared to 2.81 million barrels last month.
Egypt's ninth largest trading partner signed a number of deals including support for the Cairo metro renovation, financing a wind power station and €180M in loans for additional infrastructure projects.
The World Bank has revised downwards expat remittances to Lebanon in 2015 from $7.5B to $7.16B, and there is little hope for a rebound in 2016.
If you're choosing a smartphone based on how secure it is, you need to examine your biggest concerns.
Here's how to compare your salary with others in your field.
The contract was announced at a signing attended by Egypt's President Sisi and French President François Hollande in Cairo.
Current revenue sharing arrangements outlined by the 1994 Paris Protocol are depriving the Palestinian economy of vital revenue, according to a World Bank report.
Airlines in Oman are feeling the pressure as falling oil prices and tighter budgets have led to a decline in corporate bookings.
Qatar Development Fund is supporting a $2.5B sharia-compliant fund created by the Bill & Melinda Gates Foundation to combat poverty.
The new partnership will see expansion of the UK fashion brand with 25 new stores in Saudi Arabia and a rollout of stores in the Gulf.
The investment comprises nine freehold plots of land in the Al Quoz Industrial Area covering an area of approximately 630,000 sq ft.
Authorities are arguing against the oil workers' right to strike, calling out limitations on unions to follow dispute-settlement mechanisms.
As oil prices plunge in the wake of the failed oil producers' meeting, here are five things we learned.
April 18, 2016
The new low cost airline company, Flyadeal, will take on regional budget carriers such as Oman's Salam Air, launched last month.
French President Francois Hollande confirmed support for a $1.4B Cairo metro expansion project and $1B arms agreement as pressure mounts against Sisi in the capital.
A new update will allow users to check their emails, respond with pre-set messages or voice dictation from your wrist.
Understand what lenders are looking for, and increase highlight your good financial standing when applying for a long-term loan.
With a compromise found in the row over compulsory hijabs for female cabin crew, the first Air France flight in eight years landed in Tehran with the French transport minister and business delegation.
Working for an international organization or non-profit is not just about getting field experience; you need the required skills and commitment.
Qatar Investment Authority (QIA), CVC Capital Partners and Canada's Brookfield had reportedly planned the takeover last autumn.
Five new Arab billionaires join Forbes' list, whilst Saudi families continue to dominate.
Aluminium Bahrain (Alba) will be the world’s largest single-site aluminium smelter upon completion of the landmark Line Six project contracted to Bechtel.
A drop in oil production after air strikes, a smaller tax base and the coalition's 'bombing the Daesh cash' campaign have forced the militants to seek new sources of income.