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Once the device "recognised" a suspect based on a face print, it would alert the officer wearing the gadget.
15:30 GMT
Dubai's decision appears in line with the authorities' determination to spare no expense in equipping the police.
Demolition has begun on Al Rayyan Stadium that will be rebuilt to increase seating capacity from 22,000 to 40,000.The cooling technology was tested this summer at cooled, open-air fan zones at Katara Beach (Doha) and at the Aspire Zone Foundation.
15:12 GMT
Additionally, demolition has begun on Al Rayyan Stadium that will be rebuilt to increase seating capacity from 22,000 to 40,000.
Qatari Diar, the real estate arm of Qatar's sovereign wealth fund, stepped in with financial aid last year, agreeing to buy some of Barwa's assets for $7.1 billion.
14:57 GMT
The sale was agreed on September 30 and will have a positive impact on the company's financials.
With oil prices continuing to slide, the pressure is building on the Organization of the Petroleum Exporting Countries (Opec) to reduce output at its meeting next month.
14:43 GMT
"Opec appears to be gearing up for a price war."...."I think Brent will fall below $88 before we see the bottom of the market."
At the Africa forum, Shaikh Ahmed also expressed that Dubai’s leadership is concerned that rising property prices could make the emirate too expensive and it will consider steps to limit increases.
13:46 GMT
The new 2022 payment will also be augmented in a number of ways aimed at persuading creditors to grant more time, according to reports.
Storing gas also gets momentum when other factors come to the fore: Economic support, safe margins in meeting country’s domestic gas needs, the half-depletion of oil reserves, etc.
04:55 GMT
Shourijeh will turn Iran into the greatest gas storage hub in the Middle East, and one of countries with underground storage facilities of natural gas
 “For UAE consumers, the personal fulfilment gained from a holiday or the special experience of attending a major sporting event creates the enriching moments.
04:55 GMT
Overall regional spending on luxury experiences and goods is set to grow in the next 12 months

October 1, 2014

Currently under way is the multibillion dollar expansion of the airport to increase the overall capacity to over 40 million passengers per year
21:46 GMT
In August 2014, the top five routes from Abu Dhabi International Airport were Bangkok, London, Doha, Manila, and Bahrain.
“The days when Arab immigrants come for a two- or three-week stay while seeking Canadian passports just to ask their employer to hike their salaries are over.”
21:21 GMT
Gone are the days when you could benefit from Canada and the Gulf at the same time.
“DV-2016 visas will be issued between October 1, 2015 and September 30, 2016,” the statement added.
20:46 GMT
The annual DV programme “makes US immigrant visas available through a computer-generated random lottery for persons who meet strict eligibility requirements”.
It also revealed that Gulf funding for African infrastructure has focused on North Africa, which has received the bulk of aid (about 65 per cent of the total).
20:11 GMT
A study expected that annual contributions are likely to average $5 billion in the coming years, which equates to at least 10 per cent of the total average annual inflows to this sector.
Saudi Arabia is the second-largest petroleum exporter to the US, but as domestic production increases in America, less is needed from abroad.Saudi Arabia is the largest exporter of petroleum liquids in the world and is home to the world’s largest proven crude oil reserves, 16 percent of the world’s total.
12:52 GMT
The shale oil boom in the US began in 2008 and has increased US crude output by 60 percent
The two brands being launched by VMMEA are Virgin Mobile, aimed at the youth market, and Friendi Mobile, targeting Saudi's expatriate workers.
04:55 GMT
The launch, days before the annual haj pilgrimage, is timely. An estimated 1.4 million Muslim pilgrims are expected to arrive in the kingdom this year.
The downturn was mainly due to a 1.8 per cent drop in oil-related GDP as growth in the non-hydrocarbon sector accelerated to 2.8 per cent, the report showed.
04:55 GMT
Plans for subsidy cuts have received little publicity in the Kuwaiti media, perhaps because of their political sensitivity.

September 30, 2014

On Sunday, Erdogan again slammed the credit agencies, saying they were making "foolish statements".
22:44 GMT
Markets are looking ahead to Fitch's announcement of Turkey's credit rating and economic outlook, which is due on Friday.
Strong economic data could prompt the US central bank to raise interest rates faster and sooner than expected, which could boost the dollar and hurt non-interest-bearing bullion.
17:58 GMT
Gold fell on Monday as downward pressure from a strong dollar outweighed support from unrest in Hong Kong.
The vehicle models recalled include the Land Cruiser (79,972) followed by Camry (43,207), Lexus LX 570 (9,589), Avalon (7,382) and Sequoia (857).
13:51 GMT
The recall of as many as 141,007 Toyota and Lexus cars has been initiated in the sultanate to install Smart Stop Technology.
The challenge is now to accelerate this change, and extend it to broader areas of cultural diversity.
12:51 GMT
Board diversity having increased in almost every country and every sector, progressing from 9.6 percent in 2010 to nearly 12.7 percent at the end of 2013.
 Global supply of crude oil and liquid fuel reached all-time highs of 92.6 million barrels per day in August. Stable oil producers.
11:46 GMT
A key differential factor in this period in that ‎volatile producers in Africa and the Middle East experienced a spike in production.
The project, which involves the extension of a 11-km road with five lanes on both sides, is expected to be completed by 2017,
05:55 GMT
The project will also include pedestrian crossing, bridge and separate lanes for motorbikes and pedestrians in addition to a tunnel, it added.
Meetings in MENA workplaces often have agendas distributed in advance, according to 80 per cent of respondents, and tend to start on scheduled time (according to 88 per cent).
04:55 GMT
According to 73 per cent, meetings within their company remain focused and on the right track.
Egypt has struggled to curb its swelling budget deficit whilst meeting soaring energy demands, resulting in daily electricity cuts around the country of 86 million people.
04:55 GMT
Egypt has struggled to curb its swelling budget deficit whilst meeting soaring energy demands, resulting in daily electricity cuts around the country of 86 million people.
The Kingdom of Saudi Arabia (KSA) could be heading for financial turmoil, potentially posting a deficit in 2015.
04:55 GMT
Running a dictatorship is a pricey endeavor. It comes as no surprise then that since 2010, annual spending has risen 52 percent, reaching $265.5 billion in 2013.

September 29, 2014

NASDAQ Dubai is the third largest exchange in the world by value for listed Sukuk, or Islamic bonds, at 19.2 billion dollars.
17:51 GMT
Emirates NBD, one of the region’s leading banking groups, is now the largest issuer of conventional bonds on the region’s international exchange.
The key driver of Mohamed Yousuf Naghi Motors’ solid performance in the first half of the year was the recently launched Rolls-Royce Wraith.
17:33 GMT
Mohammed Yousuf Naghi Motors confirmed a 51 percent surge in sales over the same six-month period in 2013
The Egyptian General Petroleum Corporation (EGPC) and Egas announced an international tender for oil and gas drilling concessions last December.
16:26 GMT
French oil company Total has been awarded a licence to explore for natural gas in the Nile Delta,
in late 1998, or 2009, the surge in the US dollar is a huge deflation shock to the Gulf’s pegged currencies and its impact will be a major.
13:16 GMT
This seismic financial macro event has huge implications for the Gulf’s equity, property markets and liquidity engines, now that Brent crude has fallen $20 a barrel in the past three months
Traders in the black market told Sudan Tribune they expect the dollar price to decrease to 8 SDG.
13:03 GMT
Sayed Ali Zaki, an economist, for his part said the decrease in exchange rate is due to NISS's campaign against black market traders, as well as reduced Forex demand.
The UAE’s Ministry of Health has announced a price reduction for around 422 innovative and produced drugs, as part of its initiative to stem the surging cost of medicines in the country.
12:54 GMT
In an effort to control the rising drug costs, authorities have been slashing medicine prices for the past three years
“It’s a huge market, almost 500,000 smartphones a month are sold out here so getting a share of that is really our first focus point,” he said.
12:29 GMT
He was not coy, however, in suggesting what his former Apple compatriot Steve Jobs would think of the Obi Mobile devices. “Steve being Steve would say, you can do alot better,” he said.
Wealth management can be provided by large corporate entities, independent financial advisers or multi-licensed portfolio managers who design services to focus on high-net-worth clients.
04:55 GMT
“With the rise in the number of affluent investors in recent years, there has been an increasing demand for sophisticated financial solutions, including the Gulf,” he added.
Israel's war against Hamas came at the beginning of the peak tourist season, which includes July and August and runs through the Jewish High Holiday season and early winter.
04:55 GMT
The summertime fighting delivered a serious hit to Israel's thriving tourism industry, causing losses of hundreds of millions of dollars and sparking concern that aftershocks may continue well after the war.
What is really alarming is the fact that currently 63 percent of Saudi students are enrolled in majors unsuitable for the needs of the labor market.
04:55 GMT
Only nine percent of high school graduates have taken up technical and vocational programs in the Kingdom compared with 41 percent in OECD member countries and 37 percent in Turkey

September 28, 2014

As per the deal, these companies will manufacture, supply and implement a feeder line project in the capital from the water tanks to three different locations within the city.
19:09 GMT
The Saudi government has awarded a contract worth more than SR1.4 billion ($373 million) to three local companies for a major water project in the capital Riyadh.
Covering the panoramic view of Paris, the fashion show will present extraordinary collections from eight countries and mark Jessica’s eighth history making catwalk around the world.
18:46 GMT
Covering the panoramic view of Paris, the fashion show will present extraordinary collections from eight countries and mark Jessica’s eighth history making catwalk around the world.
Since the beginning of 2014 and up until August, the year-to-date passenger traffic surged by 12.1 per cent to 4.93 million.
18:31 GMT
"This is the first time in QAIA history that we exceed such a benchmark, and we eagerly look forward to reaching even greater heights in the future," he added.
Oil accounts for 95 percent of state revenue in Libya and 65 percent of the country's Gross Domestic Product (GDP)
17:49 GMT
While the battle for control of Libya's oil ports has been seen as a critical indicator of victory in the civil war, the money received from oil sales currently has one sole destination: the Central Bank of Libya.
Its Egyptian project is seen as part of economic and political support of Egypt by the United Arab Emirates.
17:07 GMT
The project would not only mark a huge expansion of Arabtec’s business but also boost Egypt’s struggling economy and help to resolve a housing shortage that has become a major source of political discontent.
“Thieves lie in wait and observe their victims upon leaving the bank until they get into their car."
05:55 GMT
An analytical study conducted by the Abu Dhabi Police has revealed multiple professional plans to rob bank customers after they finish their financial transactions.
The Japanese firm kicked off its UAE expansion, with the recent opening of a new stand at Emirates Towers in Dubai.
05:55 GMT
400% growth posted so far in 2014; Qatar, Kuwait being eyed.
Most of the retailers have gone out of supply as Apple fans queued for the midnight release of the iPhone 6 at major malls in the UAE overnight on Friday.
05:55 GMT
"Our units were completely sold out in 45 minutes and the next consignment will come in three to four days time,”
 Already, almost 180,000 children between 6 months old and five years are being treated for severe acute malnutrition.
04:55 GMT
When South Sudan was born, the world's youngest country had generous Western allies and sturdy oil exports, a formula that offered a chance to build a modern economy and drag its people out of their daily struggle to feed themselves.
Airlines will also need to certify their planes aren't affected by transmission signals before allowing devices to be used.
04:55 GMT
"Basically we are saying you can have it switched on, and it's up to the airline first to allow you," Maragakis said.
His replacement is the CEO of the Emirates Investment Authority, a sovereign wealth fund, Mubarak Al Mansouri.
04:55 GMT
Could it be that Mr. Al Suwaidi has paid the price for calling a halt to the latest Dubai real estate boom with the raising of mortgage criteria last autumn?

September 26, 2014

Apple is facing claims that its new thinner iPhones can bend out of shape in the pocket.
00:05 GMT
Pictures and videos of warped and damaged iPhones swept the Internet as hundreds of users realised their new smartphones were ruined.

September 25, 2014

Saudi Arabia sent Egypt $3 billion worth of refined oil products from April up to the first week of this month, an official from Egypt’s state oil company told Reuters on Thursday.
23:51 GMT
The petroleum aid has not, however, managed to noticeably ease Egypt’s energy frequent power cuts, even in upscale areas.
According to the Survey, the top priorities of HNWIs and family owned businesses align, making this underutilisation surprising.
23:21 GMT
KPMG has identified one possibly underutilised route for investment with the involvement of high-net-worth individuals (HNWIs), many of whom have family business experience as well as significant investment capital.
The Central Bureau of Statistics predicts only 2% growth in 2014, compared with 3.2% in 2013, based on preliminary figures for January-August 2014.
20:49 GMT
The effect of Operation Protective Edge on tourism is also being felt,
The round-the-world tour is expected to take 25 flying days over a period of four to five months.
16:03 GMT
The goal is to promote technological values together to preserve the planet’s resources, in a bid to encourage political leaders and organisations to adopt cleaner and more efficient technologies.
The announcement came after Madbouly’s visit  to the United States this week to meet with World Bank officials, a Tuesday statement from the ministry said.
05:55 GMT
Madbouly stated that Egypt will obtain a concessional loan with the value of $500m for the social housing programme, over several years, with around $100-120m annual instalments.
Unfortunately, industry remains absent on the agenda of the Egyptian nation and its political leaders, even though there is no alternative to industry in order to achieve equality in wealth distribution.
05:55 GMT
Meanwhile, revenues from maritime corridors and ports in other countries that do not enjoy a similar location as the Suez Canal and its ports are much higher than Egypt.
Jordan has the highest rates of ICT services in the Middle East and North Africa (MENA)
05:55 GMT
Around 7 per cent of the Kingdom’s population work in the ICT sector, whereas the regional rate does not exceed 4 per cent.
The launch of the Passport, which boasts a big square screen and a unique touch-sensitive tactile keyboard, will kick off a frenzied spell for Waterloo, Ontario-based BlackBerry.
04:55 GMT
BlackBerry is set to launch the Passport early on Wednesday in Toronto, with simultaneous events also being held in London and Dubai.
The deterioration of relations between Turkey and credit rating agencies will make life harder for both investors and the nation.
04:55 GMT
Instead of tensing up the relations with these institutions, extra effort is required to convince them, he added.

September 24, 2014

Europe does not have the infrastructure to accept LNG in major quantities.
13:04 GMT
Qatar is the world's largest producer of liquefied natural gas (LNG).
DAMAS, the Middle East's leading jewelry and watch retailer, has bolstered its presence in the region with the launch of its first luxury boutique in Riyadh, Saudi Arabia.
12:51 GMT
As part of Damas’s redefined global strategy, the brand has divided its retail stores into two formats - ‘Damas’ and ‘Damas Collections’.
Bank Audi, the largest Lebanese bank in terms of assets and deposits, operates in 13 countries.
12:36 GMT
Over $25 million of Bank Audi shares were traded on the Beirut bourse Monday as part of efforts to raise the capital of the bank.
This division of society into two classes, Khassa and 3amma, then, has a mirror image in today’s society, likewise. Even the tiny middle class that existed in the 70s and 80s of the last century is, by now, history.
05:55 GMT
Individuals are not recognized for their knowledge, experience and contribution but for their tribal identity: to which big and influential family they belong.
IP Global, via independent research company YouGov, have surveyed a thousand UAE residents to determine the property investment sentiment across the UAE.
04:55 GMT
Of those UAE residents who have invested in property, 41% have invested in properties overseas, compared with just 12% owning property in the UAE.
"Aid groups turn us into beggars without human dignity and minimal level of respect," he said as he paused for a moment while pushing his wheelchair.
04:55 GMT
Homeless families in Gaza also complain that they have not received good quality aid, some of which is either sold in local markets or given to people who did not lose their homes. This involves what locals have started to name as “VIP coupons”.
The Global Infrastructure Investment Index ranks the world’s 41 most dynamic countries with the greatest potential for growth and investment in their economic infrastructure.
04:55 GMT
The UAE has overtaken Canada to rank among the top three attractive markets in the world for investment in infrastructure.
According to Israeli military experts, the country's submarines could be used as a second strike capability in case of an Iranian attack using non-conventional weapons.
04:55 GMT
The new vessel means the navy "will double its capabilities, it will be able to reach further and deeper, for a longer period of time, demonstrating force unknown till this day".

September 23, 2014

Dozens of Chinese firms are producing and exporting "tools of torture", from electric stun guns to metal spiked batons, to countries with bad human rights records, rights group Amnesty International said on Tuesday.
14:56 GMT
More than 130 companies are involved in producing or trading the equipment, typically marketed to law enforcement agencies, up from about 28 companies a decade ago,
An economic rebound has catapulted house prices and rents in Dubai to Manhattan-like peaks, the Gulf emirate’s top property website says, forcing increasing numbers of residents to move to its cheaper outskirts or even to consider returning home abroad.
14:10 GMT
Research by Dubai website Dubizzle showed rents and house prices in Dubai’s prime locations now match those in Manhattan.
Hundreds of Israelis have filed lawsuits in a New York federal court against Arab Bank for allegedly holding accounts that financed attacks which killed members of their families
13:48 GMT
The law firm listed a number of errors made by the court during the trial.The trial was infected by scores of errors, and the Bank has very strong grounds for appeal.
Both Kuwait and Bahrain are expected to witness a major surge in the value of infrastructure projects this year, according to the report
05:55 GMT
The value of new infrastructure projects across the Gulf Cooperation Council (GCC) region is poised to hit $86 billion in 2014, up 77.8 per cent compared to last year, said a report.
The ability to turn distance and location into a competitive advantage by hosting applications and data in optimal locations, while ensuring flawless application performance and the best user experience.
04:55 GMT
The Mena region’s appetite for applications and services being delivered to devices irrespective of geographic location is evident from the region's growing interest in cloud computing
 A positive response from bank customers to use their Emirates ID cards as ATM cards proves the UAE’s residents’ keenness to adopt latest technologies without any apprehension.
04:55 GMT
Since the bank introduced this service on September 7, more than 8,000 customers have registered their ID cards with the bank to use them as ATM cards.

September 22, 2014

According to the survey, 15 percent of the Turkish population lived under the poverty line in 2013, while 13 percent was considered “continuously poor.”
20:06 GMT
Of the total population, 78.5 percent reported not being able to take a one-week vacation away from home due to financial constraints.
The project, which will come up on 1800-hectare area, includes waterfront villas and chalets in addition to diverse leisure and entertainment services.
19:39 GMT
A leading Egypt-based investment group has signed a deal to acquire a five-star hotel in the Business Bay area facing Burj Khalifa in Dubai, UAE.
Cancellation of the tournament will have an impact on the country's economy, particularly the construction sector,
18:45 GMT
The 2022 World Cup will not be held in Qatar because of the scorching temperatures in the Middle East country, Fifa executive committee member Theo Zwanziger said on Monday.
Introducing yourself can affect how well you make friends, fit in at work or even get a job. It affects future opportunities and networking possibilities, support and a sense of belonging.
18:20 GMT
Whether you’re walking into a social gathering or a job interview, there are some universal things to keep in mind when introducing yourself.
The UAE, which is new to the industry in comparison to countries with older, developed health systems, requires a more focused approach to promote its available services.
05:44 GMT
One of the main challenges in the region is to reverse the outbound medical tourism trend, and provide specialised services in line with the required capacity and the prevalence of lifestyle diseases
The move has been a long time coming. Saudi authorities have slowly unrolled a plan to liberalise the market spanning a decade, and pursued a long- term reform agenda.
04:55 GMT
reign investors are salivating at the prospect of investing in Saudi Arabia’s well developed but frontier market with a string of world-class companies that have remained largely out of the portfolio of global fund managers.
The Current TV sale was initially resisted by distributors including Time Warner Cable and AT&T, which argued that they had contracted with Current TV and not Al Jazeera.
04:55 GMT
In a countersuit filed in the Delaware Court of Chancery on Thursday, Al Jazeera is seeking to keep the money that Gore and his former partner Joel Hyatt had sought in a lawsuit filed in August.
is there and you will hear about it soon,” Sheikh Ahmed bin Saeed al-Maktoum, chairman of Dubai’s Supreme Fiscal Committee said.
04:55 GMT
One of Dubai’s top government officials said on Sunday that he expects state-owned conglomerate Dubai World to reach a deal on renegotiating its debt repayment schedule in the near future

September 21, 2014

The 13th edition of Cityscape Global is all set to welcome more than 35,000 participants from across the world and exhibitor numbers have also jumped to more than 280 for the first time in five years.
20:17 GMT
The Middle East’s largest and most influential property show is also co-located with three dedicated and expert-led conferences.
Sheriff Rizwan, CEO and founder of ALSHOP.com, the first online retailer to sell the devices on Friday, said that it is a blockbuster sale so far.
15:31 GMT
“We got around 200 pieces on Friday afternoon and it was sold out within 20 minutes. Around 40 pre-booked customers flew in from Saudi Arabia, Qatar, Oman, Jordan and Kuwait to collect their devices,” he said.
Micronutrient fortification in fertilizers will be an opportunity for innovation, trade ties and economic stability.
15:15 GMT
Fertilizers that can combat nutrition deficiencies will be a major opportunity for GCC producers.
And Gold’s Gym’s members aren’t the only ones upping their activity; Seebran expects to lift the company’s total number of clubs to 22 by the end of the year following a series of openings.
13:41 GMT
In a country where most residential towers have their own gym facilities, Gold’s Gym is looking to lure members with the promise of a larger range of equipment, more floor space and a better atmosphere.
The Mongol Tower and WOO City developments will be highlighted at Cityscape Global as part of Nikken Sekkei’s extensive showcase of global design projects.
05:55 GMT
The Mongol Tower and WOO City developments will be highlighted at Cityscape Global as part of Nikken Sekkei’s extensive showcase of global design projects
Egypt has signed oil and gas exploration deals worth $187 million with several Western companies and a Tunisian firm to cover seven exploration areas.
04:55 GMT
Exploration companies have been hesitant to develop untapped gas finds in Egyptian waters partly because the amount the government pays them barely covers their investment costs.
Analysts have already pointed fingers at the dollar for the decline in prices of commodities like precious metals, corn and oil in recent weeks.
04:55 GMT
That marks the dollar’s longest rally since the index was created in 1973 - and could pose significant headwinds to dollar-sensitive sectors of the market.
Qatar Petroleum (QP) and Qatar Petrochemical Company (QAPCO) signed an agreement in February 2012 to jointly develop the Al Sajeel mega-petrochemical complex in Ras Laffan
04:55 GMT
The Al Sejeel petrochemical project, one of the world’s largest mixed-feed steam crackers, was scheduled for completion in 2018 as part of Qatar’s large-scale expansion of the petrochemicals sector.
Cost-cutting and organisational changes should marginally improve Prada's gross margin by the end of the year, Galli said.
03:00 GMT
The maker of luxury leatherware and Miu Miu-brand dresses said it was hit by sluggish consumer demand amid an uncertain economic outlook and unfavourable exchange rates.

September 19, 2014


Brent November crude slipped 8 cents to settle at $98.97 a barrel, recovering from an intraday low of $98.51 on Wednesday in London.Brent November crude slipped 8 cents to settle at $98.97 a barrel, recovering from an intraday low of $98.51 on Wednesday in London.
03:06 GMT
Prince Abdulaziz Bin Salman Bin Abdulaziz, Assistant Minister of Petroleum and Mineral Resources for Petroleum Affairs, dismissed arguments that lower oil prices will cause the collapse of GCC economies.

Qatari capital Doha bid for the 2016 and 2020 Olympics but never made the shortlist, while Dubai was reportedly on the verge of a bid for 2016,
02:10 GMT
While major events were once the domain of Europe and North America, Asia is now viewed as a 'safe pair of hands' when it comes to hosting the world's biggest sporting competitions.