Al Bawaba - Business http://www.albawaba.com/business/%2A en Egyptian stock market update: Orascom Hotels and Development gets approval on offering 10-15% http://www.albawaba.com/business/egypt-orascom--637736 <p><a href="http://www.albawaba.com/business/shedding-pounds-egypts-stock-market-loses-almost-2-billion-611917" target="_blank">Egyptian stock market</a> listing committee has approved the offering of 10-15% of O<a href="http://www.orascomdh.com/" target="_blank">rascom Development Egyptian </a>subsidiary, Orascom Hotels and Development (OHD) <a class="tooltip" title="Orascom Hotels and Development (OHD), a member of Orascom Group, is an Egypt-based company that spec a href="></a></p> <div class="field field-type-imceimage field-field-headline-image"> <div class="field-items"> <div class="field-item odd"> <a href="/business/egypt-orascom--637736" class="imagecache imagecache-article_headline_thumb imagecache-linked imagecache-article_headline_thumb_linked"><img src="http://albawabacdn.albawabamiddleea.netdna-cdn.com/sites/default/files/imagecache/article_headline_thumb/im/Business/Orascom.jpg" alt="Egyptian stock market listing committee has approved the offering of 10-15%" title="Egyptian stock market listing committee has approved the offering of 10-15%" class="imagecache imagecache-article_headline_thumb" width="147" height="147" /></a> </div> </div> </div> <div class="field field-type-computed field-field-attribution"> <div class="field-items"> <div class="field-item odd"> <a href="http://www.arabfinance.com" title="Arab Finance" target="_blank"><img src="http://pub.syndigate.info/logos/small/598.png" title="Arab Finance" border="0" /></a> Copyright © 2014 Arab Finance Brokerage Company All rights reserved. </div> </div> </div> <p><a href="http://www.albawaba.com/business/egypt-orascom--637736" target="_blank">read more</a></p> http://www.albawaba.com/business/egypt-orascom--637736#comments BUSINESS Main headlines Tourism & Hospitality Egypt Sun, 28 Dec 2014 14:26:54 +0000 637736 at http://www.albawaba.com Abu Dhabi airport expansion: New runway can accommodate 500,000 aircraft movements per year http://www.albawaba.com/business/abu-dhabi-airport-can-accommodate-500%2C000-aircraft-movements-637726 <p>The re-opening of the renovated southern runway is part of Abu Dhabi International Port's expansion plans in preparation for the Midfield Terminal Complex (MTC) becoming operational in 2017.</p> <p>This milestone was marked with an A380 take-off and landing. The runway was deemed operational by Ali Majed Al Mansoori, chairman of Abu Dhabi Airports, in the presence of local dignitaries and officials from the General Civil Aviation Authority, the Department of Transport Abu Dhabi, Etihad Airways, the Department of Customs and the Ports and Airports Security department.</p> <div class="field field-type-imceimage field-field-headline-image"> <div class="field-items"> <div class="field-item odd"> <a href="/business/abu-dhabi-airport-can-accommodate-500%2C000-aircraft-movements-637726" class="imagecache imagecache-article_headline_thumb imagecache-linked imagecache-article_headline_thumb_linked"><img src="http://albawabacdn.albawabamiddleea.netdna-cdn.com/sites/default/files/imagecache/article_headline_thumb/im/getty.images/Abu_Dhabi_Airport_2.gif" alt="Abu Dhabi International Airport (AUH)" title="Abu Dhabi International Airport (AUH)" class="imagecache imagecache-article_headline_thumb" width="147" height="147" /></a> </div> </div> </div> <div class="field field-type-computed field-field-attribution"> <div class="field-items"> <div class="field-item odd"> Copyright © EMBIN (Emerging Markets Business Information News) </div> </div> </div> <p><a href="http://www.albawaba.com/business/abu-dhabi-airport-can-accommodate-500%2C000-aircraft-movements-637726" target="_blank">read more</a></p> http://www.albawaba.com/business/abu-dhabi-airport-can-accommodate-500%2C000-aircraft-movements-637726#comments BUSINESS Main headlines Transport & Shipping UAE Sun, 28 Dec 2014 14:14:05 +0000 637726 at http://www.albawaba.com Israeli gas future hangs in balance after regulatory turnabout http://www.albawaba.com/business/israel-gas-future--637718 <p>Executives and analysts are questioning whether <a href="http://www.albawaba.com/business/jordans-energy-minister-wholeheartedly-defends-gas-deal-israel-631255" target="_blank">Israel’s energy</a> industry has a future after the country’s antitrust chief backtracked on letting a group led by U.S.- based Noble Energy Inc. develop Israel’s two biggest natural gas fields. Antitrust Commissioner David Gilo said this week he was reconsidering his March 14 decision to let the partnership retain its stakes in the Leviathan and Tamar reserves if it would sell smaller fields.</p> <div class="field field-type-imceimage field-field-headline-image"> <div class="field-items"> <div class="field-item odd"> <a href="/business/israel-gas-future--637718" class="imagecache imagecache-article_headline_thumb imagecache-linked imagecache-article_headline_thumb_linked"><img src="http://albawabacdn.albawabamiddleea.netdna-cdn.com/sites/default/files/imagecache/article_headline_thumb/im/Business/israli_Gas.jpg" alt="Executives and analysts are questioning whether Israel’s energy industry has a future after the country’s antitrust chief backtracked on letting a group led by U.S.- based Noble Energy Inc. develop Israel’s two biggest natural gas fields." title="Executives and analysts are questioning whether Israel’s energy industry has a future after the country’s antitrust chief backtracked on letting a group led by U.S.- based Noble Energy Inc. develop Israel’s two biggest natural gas fields." class="imagecache imagecache-article_headline_thumb" width="147" height="147" /></a> </div> </div> </div> <div class="field field-type-computed field-field-attribution"> <div class="field-items"> <div class="field-item odd"> <a href="http://www.dailystar.com.lb/" title="The Daily Star" target="_blank"><img src="http://pub.syndigate.info/logos/small/23.png" title="The Daily Star" border="0" /></a> Copyright © 2014, The Daily Star. All rights reserved. </div> </div> </div> <p><a href="http://www.albawaba.com/business/israel-gas-future--637718" target="_blank">read more</a></p> http://www.albawaba.com/business/israel-gas-future--637718#comments BUSINESS Main headlines Oil & Energy Israel Sun, 28 Dec 2014 14:08:18 +0000 637718 at http://www.albawaba.com Lebanon's consumers see no changes: Price of a 'service' taxi ride remains unchanged in spite of fuel price falling http://www.albawaba.com/business/lebanon-prices-high-oil-cost-637694 <p><a href="http://www.albawaba.com/business/lebanon-consumers-price-rises-431439" target="_blank">Consumer prices in Lebanon </a>have remained unchanged despite a marked decline in<a href="http://www.albawaba.com/business/fuel-price-lebanon-489000" target="_blank"> fuel costs</a> following a drop in international oil prices.</p> <div class="field field-type-imceimage field-field-headline-image"> <div class="field-items"> <div class="field-item odd"> <a href="/business/lebanon-prices-high-oil-cost-637694" class="imagecache imagecache-article_headline_thumb imagecache-linked imagecache-article_headline_thumb_linked"><img src="http://albawabacdn.albawabamiddleea.netdna-cdn.com/sites/default/files/imagecache/article_headline_thumb/im/Business/lebanon.jpg" alt="Consumer prices in Lebanon have remained unchanged despite a marked decline in fuel costs " title="Consumer prices in Lebanon have remained unchanged despite a marked decline in fuel costs " class="imagecache imagecache-article_headline_thumb" width="147" height="147" /></a> </div> </div> </div> <div class="field field-type-computed field-field-attribution"> <div class="field-items"> <div class="field-item odd"> <a href="http://www.dailystar.com.lb/" title="The Daily Star" target="_blank"><img src="http://pub.syndigate.info/logos/small/23.png" title="The Daily Star" border="0" /></a> Copyright © 2014, The Daily Star. All rights reserved. </div> </div> </div> <p><a href="http://www.albawaba.com/business/lebanon-prices-high-oil-cost-637694" target="_blank">read more</a></p> http://www.albawaba.com/business/lebanon-prices-high-oil-cost-637694#comments BUSINESS Oil & Energy Featured Articles Lebanon Sun, 28 Dec 2014 13:48:10 +0000 637694 at http://www.albawaba.com Dubai index seen slowing pace of gains in 2015 http://www.albawaba.com/business/dubai-index--637690 <p>For investors, who made a windfall in 2014, beware. The pace of gains may slow on the Dubai index in 2015, and may not provide you with stellar gains seen in 2014.</p> <p>The Dubai index moved from a bull to bear and back again to bull market territory in 2014, witnessing the most volatile movements in its history due to similar trend in crude oil prices.</p> <div class="field field-type-imceimage field-field-headline-image"> <div class="field-items"> <div class="field-item odd"> <a href="/business/dubai-index--637690" class="imagecache imagecache-article_headline_thumb imagecache-linked imagecache-article_headline_thumb_linked"><img src="http://albawabacdn.albawabamiddleea.netdna-cdn.com/sites/default/files/imagecache/article_headline_thumb/im/getty.images/dfm_2.jpg" alt="Dubai Financial Market (DFM)" title="Dubai Financial Market (DFM)" class="imagecache imagecache-article_headline_thumb" width="147" height="147" /></a> </div> </div> </div> <div class="field field-type-computed field-field-attribution"> <div class="field-items"> <div class="field-item odd"> <a href="http://www.gulfnews.com" title="Gulf News" target="_blank"><img src="http://pub.syndigate.info/logos/small/57.png" title="Gulf News" border="0" /></a> © Al Nisr Publishing LLC 2014. All rights reserved. </div> </div> </div> <p><a href="http://www.albawaba.com/business/dubai-index--637690" target="_blank">read more</a></p> http://www.albawaba.com/business/dubai-index--637690#comments BUSINESS Economy & Trade Main headlines UAE Sun, 28 Dec 2014 13:45:56 +0000 637690 at http://www.albawaba.com Egypt cracks wheat deal with Russia: Cairo to import 120,000 T Russian grain in Jan http://www.albawaba.com/business/egypt-russia-wheat--637684 <p>Russian officials have assured <a href="http://www.albawaba.com/business/egypt-air-losses--637474" target="_blank">Egypt </a>that deals to import <a href="http://www.albawaba.com/business/egypt-food-security-589578" target="_blank">120,000 tonnes of wheat</a> for delivery in January will be met, the state Al-Ahram newspaper quoted Egypt's supplies minister, Khaled Hanafi, as saying on Friday.</p> <div class="field field-type-imceimage field-field-headline-image"> <div class="field-items"> <div class="field-item odd"> <a href="/business/egypt-russia-wheat--637684" class="imagecache imagecache-article_headline_thumb imagecache-linked imagecache-article_headline_thumb_linked"><img src="http://albawabacdn.albawabamiddleea.netdna-cdn.com/sites/default/files/imagecache/article_headline_thumb/im/Egypt_Russia.jpg" alt="Egypt says deal to import 120,000 T Russian wheat in Jan to be met" title="Egypt says deal to import 120,000 T Russian wheat in Jan to be met" class="imagecache imagecache-article_headline_thumb" width="147" height="147" /></a> </div> </div> </div> <div class="field field-type-computed field-field-attribution"> <div class="field-items"> <div class="field-item odd"> Copyright © EMBIN (Emerging Markets Business Information News) </div> </div> </div> <p><a href="http://www.albawaba.com/business/egypt-russia-wheat--637684" target="_blank">read more</a></p> http://www.albawaba.com/business/egypt-russia-wheat--637684#comments BUSINESS Economy & Trade Main headlines Egypt Sun, 28 Dec 2014 13:37:20 +0000 637684 at http://www.albawaba.com Kuwait in financial flux: KSE closes the gap, making up for previous weeks' losses http://www.albawaba.com/business/kuwait-stock-market-exchange--637672 <p><a href="http://www.albawaba.com/business/kuwait-real-estate-488406" target="_blank">Kuwait Stock Exchange</a> (KSE) ended last week in the green zone. The Price Index closed at 6,577.81 points, up by 5.58 percent from the week before closing, the Weighted Index increased by 5.95 percent after closing at 441.59 points, whereas the KSX-15 Index closed 1,069.99 points up by 7.19 percent.</p> <div class="field field-type-imceimage field-field-headline-image"> <div class="field-items"> <div class="field-item odd"> <a href="/business/kuwait-stock-market-exchange--637672" class="imagecache imagecache-article_headline_thumb imagecache-linked imagecache-article_headline_thumb_linked"><img src="http://albawabacdn.albawabamiddleea.netdna-cdn.com/sites/default/files/imagecache/article_headline_thumb/im/KSE.gif" alt="The KSE was able to compensate some of its previous weeks&#039; losses" title="The KSE was able to compensate some of its previous weeks&#039; losses" class="imagecache imagecache-article_headline_thumb" width="147" height="147" /></a> </div> </div> </div> <div class="field field-type-computed field-field-attribution"> <div class="field-items"> <div class="field-item odd"> <a href="http://www.export-egypt.com" title="Middle East Business News" target="_blank"><img src="http://pub.syndigate.info/logos/small/1005.png" title="Middle East Business News" border="0" /></a> Copyright © Universal Solutions S.A.E. All rights reserved. </div> </div> </div> <p><a href="http://www.albawaba.com/business/kuwait-stock-market-exchange--637672" target="_blank">read more</a></p> http://www.albawaba.com/business/kuwait-stock-market-exchange--637672#comments BUSINESS Economy & Trade Featured Articles Kuwait Sun, 28 Dec 2014 12:52:48 +0000 637672 at http://www.albawaba.com House of Saud lays out its cards: Saudi's private sector sets out its stalls to conquer 2015 via education, health, economics, social services http://www.albawaba.com/business/saudi-private-sector--637662 <p><a href="http://www.albawaba.com/business/saudi-labour-reform-nationalization-601688" target="_blank">The Council of Saudi Chambers (CSC</a>) and the UNDP (UN Development Program) recently discussed the Saudi private sector’s vision for 2015 as part of the Millennium Development Goals.&nbsp;</p> <p>They also dwelt on issues that might have a positive socioeconomic impact on the economy in terms of sustainable development.</p> <div class="field field-type-imceimage field-field-headline-image"> <div class="field-items"> <div class="field-item odd"> <a href="/business/saudi-private-sector--637662" class="imagecache imagecache-article_headline_thumb imagecache-linked imagecache-article_headline_thumb_linked"><img src="http://albawabacdn.albawabamiddleea.netdna-cdn.com/sites/default/files/imagecache/article_headline_thumb/im/pr_new/saudi_private.jpg" alt="Saudi Arabia enjoys prosperity despite the global and regional conditions" title="Saudi Arabia enjoys prosperity despite the global and regional conditions" class="imagecache imagecache-article_headline_thumb" width="147" height="147" /></a> </div> </div> </div> <div class="field field-type-computed field-field-attribution"> <div class="field-items"> <div class="field-item odd"> <a href="http://arabnews.com/" title="Arab News" target="_blank"><img src="http://pub.syndigate.info/logos/small/9.png" title="Arab News" border="0" /></a> Copyright: Arab News © 2014 All rights reserved. </div> </div> </div> <p><a href="http://www.albawaba.com/business/saudi-private-sector--637662" target="_blank">read more</a></p> http://www.albawaba.com/business/saudi-private-sector--637662#comments BUSINESS Economy & Trade Featured Articles Saudi Arabia Sun, 28 Dec 2014 12:35:10 +0000 637662 at http://www.albawaba.com BankDhofar plans to raise capital by up to OMR115m, plans bond issue http://www.albawaba.com/business/bankdhofar-plans-raise-capital-omr115m-plans-bond-issue-637654 <p><a href="http://www.albawaba.com/business/pr/nawras-bankdhofar-511454" target="_blank">Bank Dhofar </a>plans to boost its capital by issuing up to OMR115.5 million of Tier 1 capital instruments in 2015. This is part of an initiative to strengthen its capital base and fund planned growth in the coming years. In addition, the bank said it would issue up to $<a href="http://www.bankdhofar.com/" target="_blank">500 million of senior non-capital debt instruments</a> in the next four years.</p> <div class="field field-type-imceimage field-field-headline-image"> <div class="field-items"> <div class="field-item odd"> <a href="/business/bankdhofar-plans-raise-capital-omr115m-plans-bond-issue-637654" class="imagecache imagecache-article_headline_thumb imagecache-linked imagecache-article_headline_thumb_linked"><img src="http://albawabacdn.albawabamiddleea.netdna-cdn.com/sites/default/files/imagecache/article_headline_thumb/im/Business/zofar.jpg" alt="Bank Dhofar plans to boost its capital up to OMR115.5 million" title="Bank Dhofar plans to boost its capital up to OMR115.5 million" class="imagecache imagecache-article_headline_thumb" width="147" height="147" /></a> </div> </div> </div> <div class="field field-type-computed field-field-attribution"> <div class="field-items"> <div class="field-item odd"> <a href="http://www.timesofoman.com" title="Times of Oman" target="_blank"><img src="http://pub.syndigate.info/logos/small/89.png" title="Times of Oman" border="0" /></a> © Muscat Press and Publishing House SAOC 2014 </div> </div> </div> <p><a href="http://www.albawaba.com/business/bankdhofar-plans-raise-capital-omr115m-plans-bond-issue-637654" target="_blank">read more</a></p> http://www.albawaba.com/business/bankdhofar-plans-raise-capital-omr115m-plans-bond-issue-637654#comments BUSINESS Banking & Finance Main headlines Oman Sun, 28 Dec 2014 12:17:41 +0000 637654 at http://www.albawaba.com Saudi intervenes to keep Mecca-Medina project on track : "final warning" to avoid slowing high-speed rail service http://www.albawaba.com/business/saudi-high-speed-train--637510 <p><a href="http://www.albawaba.com/business/ksa-railway-invest-498577?quicktabs_accordion=2" target="_blank">The Haramain High Speed Rail system</a> is to transport Muslim pilgrims, as well as regular travellers, 450 kilometres (280 miles) between the holy cities of <a href="http://www.albawaba.com/slideshow/high-tech-hajj%3A-modern-mecca-608899" target="_blank">Mecca and Medina </a>via the Red Sea port of Jeddah.</p> <p>Saudi Arabia signed a deal three years ago for a Spanish consortium to build the rail track, supply 35 high-speed trains and handle a 12-year maintenance contract.</p> <div class="field field-type-imceimage field-field-headline-image"> <div class="field-items"> <div class="field-item odd"> <a href="/business/saudi-high-speed-train--637510" class="imagecache imagecache-article_headline_thumb imagecache-linked imagecache-article_headline_thumb_linked"><img src="http://albawabacdn.albawabamiddleea.netdna-cdn.com/sites/default/files/imagecache/article_headline_thumb/im/pr_new/saudi.jpg" alt="A unit of the new high-speed train is loaded onto a freighter in Barcelona on December 12, 2014, bound for Jeddah City in Saudi Arabia" title="A unit of the new high-speed train is loaded onto a freighter in Barcelona on December 12, 2014, bound for Jeddah City in Saudi Arabia" class="imagecache imagecache-article_headline_thumb" width="147" height="147" /></a> </div> </div> </div> <div class="field field-type-computed field-field-attribution"> <div class="field-items"> <div class="field-item odd"> <a href="http://www.yourmiddleeast.com" title="Your Middle East" target="_blank"><img src="http://pub.syndigate.info/logos/small/1359.png" title="Your Middle East" border="0" /></a> Copyright © Your Middle East AB. All rights reserved. </div> </div> </div> <p><a href="http://www.albawaba.com/business/saudi-high-speed-train--637510" target="_blank">read more</a></p> http://www.albawaba.com/business/saudi-high-speed-train--637510#comments BUSINESS Construction & Real Estate Featured Articles Transport & Shipping Saudi Arabia Sun, 28 Dec 2014 08:20:30 +0000 637510 at http://www.albawaba.com Oil losses good for the Gulf sector? Slipping prices, now below $60, no threat to Saudi market http://www.albawaba.com/business/gulf-market-consolidate-637504 <p><a href="http://www.albawaba.com/business/gulf-stocks-crashing-634014" target="_blank">Gulf stock markets</a> may consolidate on Sunday, with positive news on <a href="http://www.albawaba.com/business/why-saudi-arabia-shuts-down-17-international-schools-630793" target="_blank">Saudi Arabia</a>’s budget now largely factored in and the Brent oil price back below $60 a barrel.</p> <div class="field field-type-imceimage field-field-headline-image"> <div class="field-items"> <div class="field-item odd"> <a href="/business/gulf-market-consolidate-637504" class="imagecache imagecache-article_headline_thumb imagecache-linked imagecache-article_headline_thumb_linked"><img src="http://albawabacdn.albawabamiddleea.netdna-cdn.com/sites/default/files/imagecache/article_headline_thumb/im/pr_new/Gulf.jpg" alt="Marka may attract interest after announcing it had agreed to acquire sporting goods retail chain Retailcorp from a subsidiary of Dubai World in a deal valued above Dh 220 million. " title="Marka may attract interest after announcing it had agreed to acquire sporting goods retail chain Retailcorp from a subsidiary of Dubai World in a deal valued above Dh 220 million. " class="imagecache imagecache-article_headline_thumb" width="147" height="147" /></a> </div> </div> </div> <div class="field field-type-computed field-field-attribution"> <div class="field-items"> <div class="field-item odd"> <a href="http://www.kuwaittimes.net" title="Kuwait Times " target="_blank"><img src="http://pub.syndigate.info/logos/small/185.png" title="Kuwait Times " border="0" /></a> All rights reserved. © Kuwait Times Newspaper 2014 </div> </div> </div> <p><a href="http://www.albawaba.com/business/gulf-market-consolidate-637504" target="_blank">read more</a></p> http://www.albawaba.com/business/gulf-market-consolidate-637504#comments BUSINESS Economy & Trade Featured Articles GCC Sun, 28 Dec 2014 08:00:38 +0000 637504 at http://www.albawaba.com Egypt Air flying low: the flagship airline scored LE 10 bn (1.4 bn USD) in losses last 3 yrs http://www.albawaba.com/business/egypt-air-losses--637474 <p><a href="http://www.egyptair.com/english/Pages/BookaFlight.aspx" target="_blank">EgyptAir</a>, the country’s state-owned airline company, accumulated LE10.11 billion in losses over the past three years, the company's chairman Sameh El-Hefny said on Thursday.</p> <p>The national airlines company announced last week that it had hired Texas-based airline advisory firm, <a href="http://www.sabreairlinesolutions.com/home/" target="_blank">Sabre Airline</a> Solutions, to prepare a restructuring plan.</p> <div class="field field-type-imceimage field-field-headline-image"> <div class="field-items"> <div class="field-item odd"> <a href="/business/egypt-air-losses--637474" class="imagecache imagecache-article_headline_thumb imagecache-linked imagecache-article_headline_thumb_linked"><img src="http://albawabacdn.albawabamiddleea.netdna-cdn.com/sites/default/files/imagecache/article_headline_thumb/im/pr_new/egypt_air.gif" alt="Egypt Air: LE10.11 billion in losses over the past three years" title="Egypt Air: LE10.11 billion in losses over the past three years" class="imagecache imagecache-article_headline_thumb" width="147" height="147" /></a> </div> </div> </div> <div class="field field-type-computed field-field-attribution"> <div class="field-items"> <div class="field-item odd"> <a href="http://english.ahram.org.eg" title="Al-Ahram Gate" target="_blank"><img src="http://pub.syndigate.info/logos/small/908.png" title="Al-Ahram Gate" border="0" /></a> © Copyright Al-Ahram Publishing House </div> </div> </div> <p><a href="http://www.albawaba.com/business/egypt-air-losses--637474" target="_blank">read more</a></p> http://www.albawaba.com/business/egypt-air-losses--637474#comments BUSINESS Main headlines Transport & Shipping Egypt Sun, 28 Dec 2014 07:18:08 +0000 637474 at http://www.albawaba.com Dubai's still got what it takes: trade tops Dh1 trillion in 2014 http://www.albawaba.com/business/dubai-trade-637362 <p><a href="http://www.albawaba.com/business/dubai-non-oil-trade-560032" target="_blank">Dubai’s non-oil foreign trade</a> witnessed steady growth during the first nine months of 2014 with nearly Dh1 trillion mark and set to cross last year’s trade value by the end of 2014, according to the data released by Dubai Customs on Saturday.</p> <div class="field field-type-imceimage field-field-headline-image"> <div class="field-items"> <div class="field-item odd"> <a href="/business/dubai-trade-637362" class="imagecache imagecache-article_headline_thumb imagecache-linked imagecache-article_headline_thumb_linked"><img src="http://albawabacdn.albawabamiddleea.netdna-cdn.com/sites/default/files/imagecache/article_headline_thumb/im/getty.images/Trade_a.jpg" alt="Rising trade value shows that Dubai will cross the 2013 reported trade figures of Dh1.3 trillion in 2014" title="Rising trade value shows that Dubai will cross the 2013 reported trade figures of Dh1.3 trillion in 2014" class="imagecache imagecache-article_headline_thumb" width="147" height="147" /></a> </div> </div> </div> <div class="field field-type-computed field-field-attribution"> <div class="field-items"> <div class="field-item odd"> <a href="http://www.khaleejtimes.com" title="Khaleej Times" target="_blank"><img src="http://pub.syndigate.info/logos/small/44.png" title="Khaleej Times" border="0" /></a> Copyright © 2014 Khaleej Times. All Rights Reserved. </div> </div> </div> <p><a href="http://www.albawaba.com/business/dubai-trade-637362" target="_blank">read more</a></p> http://www.albawaba.com/business/dubai-trade-637362#comments BUSINESS Economy & Trade Featured Articles UAE Sun, 28 Dec 2014 04:54:04 +0000 637362 at http://www.albawaba.com Qatar rising! Doha forecast to become a top power rental market http://www.albawaba.com/business/qatar-power-rental-637360 <p>Increasing infrastructure development activities due to the upcoming <a href="http://www.albawaba.com/sport/qatar-host-2022-world-cup-621931" target="_blank">Fifa World Cup 2022</a>, rising transportation network, surging investments, rising hospitality sector and changing economic reforms are anticipated to drive the growth of power rental business in Qatar.According to 6Wresearch’s “Qatar Power Rental Market (2014-2020)” report, power rental market in Qatar is projected to grow at a CAGR of 23.3 per cent over the next six years.</p> <div class="field field-type-imceimage field-field-headline-image"> <div class="field-items"> <div class="field-item odd"> <a href="/business/qatar-power-rental-637360" class="imagecache imagecache-article_headline_thumb imagecache-linked imagecache-article_headline_thumb_linked"><img src="http://albawabacdn.albawabamiddleea.netdna-cdn.com/sites/default/files/imagecache/article_headline_thumb/im/getty.images/Power_plant98.jpg" alt="Power rental market in Qatar is projected to grow at a CAGR of 23.3 per cent over the next six years" title="Power rental market in Qatar is projected to grow at a CAGR of 23.3 per cent over the next six years" class="imagecache imagecache-article_headline_thumb" width="147" height="147" /></a> </div> </div> </div> <div class="field field-type-computed field-field-attribution"> <div class="field-items"> <div class="field-item odd"> <a href="http://www.tradearabia.com/" title="Trade Arabia" target="_blank"><img src="http://pub.syndigate.info/logos/small/6.png" title="Trade Arabia" border="0" /></a> Copyright 2014 Al Hilal Publishing and Marketing Group </div> </div> </div> <p><a href="http://www.albawaba.com/business/qatar-power-rental-637360" target="_blank">read more</a></p> http://www.albawaba.com/business/qatar-power-rental-637360#comments BUSINESS Construction & Real Estate Main headlines Qatar Sun, 28 Dec 2014 04:40:00 +0000 637360 at http://www.albawaba.com Merry Christmas indeed! 2014 declared Egypt's best economic year since January 2011 http://www.albawaba.com/business/egypt-economic-recovery-636698 <p>The Cairo Centre for Economic and Strategic Studies has called 2014 Egypt’s best economic year since 25 January 2011 in its annual economic report. &nbsp;The report added that 2014 can be labelled as the “beginning of stability and economic growth”.</p> <p>The report, which reflected on the economic indicators, stated that <a href="http://www.albawaba.com/business/egypt-economy-biggest-challenge-new-government-506529" target="_blank">the economic challenges faced by the Egyptian economy </a>have worsened with the transitional period.</p> <div class="field field-type-imceimage field-field-headline-image"> <div class="field-items"> <div class="field-item odd"> <a href="/business/egypt-economic-recovery-636698" class="imagecache imagecache-article_headline_thumb imagecache-linked imagecache-article_headline_thumb_linked"><img src="http://albawabacdn.albawabamiddleea.netdna-cdn.com/sites/default/files/imagecache/article_headline_thumb/im/Egypt_President_Sisi_Salute.png" alt="Al-Sayed said the open-door policy of the seventies and the economic reform programme at the beginning of the nineties led to a rapid economic transformation. " title="Al-Sayed said the open-door policy of the seventies and the economic reform programme at the beginning of the nineties led to a rapid economic transformation. " class="imagecache imagecache-article_headline_thumb" width="147" height="147" /></a> </div> </div> </div> <div class="field field-type-computed field-field-attribution"> <div class="field-items"> <div class="field-item odd"> <a href="http://www.thedailynewsegypt.com/" title="Daily News Egypt" target="_blank"><img src="http://pub.syndigate.info/logos/small/11.png" title="Daily News Egypt" border="0" /></a> © 2014 Daily News Egypt. </div> </div> </div> <p><a href="http://www.albawaba.com/business/egypt-economic-recovery-636698" target="_blank">read more</a></p> http://www.albawaba.com/business/egypt-economic-recovery-636698#comments BUSINESS Economy & Trade Main headlines Egypt Thu, 25 Dec 2014 04:55:22 +0000 636698 at http://www.albawaba.com 2014 and Dubai's realty: from euphoria to caution http://www.albawaba.com/business/dubai-real-estate-activity-636694 <p>&nbsp;When it comes Dubai’s property market, euphoria may not necessarily be a good thing. In contrast, a sentiment that veers towards caution may just be ideal. Over the last 12 months, investor and developer sentiment about Dubai’s property market has swung from <a href="http://www.albawaba.com/business/dubai-property-market-521328" target="_blank">extreme exuberance</a> to one displaying a more measured outlook. But built into that shift in perception lies the longer term viability of the realty market.</p> <div class="field field-type-imceimage field-field-headline-image"> <div class="field-items"> <div class="field-item odd"> <a href="/business/dubai-real-estate-activity-636694" class="imagecache imagecache-article_headline_thumb imagecache-linked imagecache-article_headline_thumb_linked"><img src="http://albawabacdn.albawabamiddleea.netdna-cdn.com/sites/default/files/imagecache/article_headline_thumb/im/uae_dubai_56.jpg" alt="Over the last 12 months, investor and developer sentiment about Dubai’s property market has swung from extreme exuberance to one displaying a more measured outlook." title="Over the last 12 months, investor and developer sentiment about Dubai’s property market has swung from extreme exuberance to one displaying a more measured outlook." class="imagecache imagecache-article_headline_thumb" width="147" height="147" /></a> </div> </div> </div> <div class="field field-type-computed field-field-attribution"> <div class="field-items"> <div class="field-item odd"> <a href="http://www.gulfnews.com" title="Gulf News" target="_blank"><img src="http://pub.syndigate.info/logos/small/57.png" title="Gulf News" border="0" /></a> © Al Nisr Publishing LLC 2014. All rights reserved. </div> </div> </div> <p><a href="http://www.albawaba.com/business/dubai-real-estate-activity-636694" target="_blank">read more</a></p> http://www.albawaba.com/business/dubai-real-estate-activity-636694#comments BUSINESS Construction & Real Estate Featured Articles UAE Thu, 25 Dec 2014 03:55:49 +0000 636694 at http://www.albawaba.com A coal coalition between Egypt and China sees a renewed burst of energy for joint power generation http://www.albawaba.com/business/coal-coalition-between-egypt-and-china-sees-renewed-burst-energy-joint-power-generation-636 <p>Egypt and China have made plans to cooperate in the energy sector, particularly when it comes to the construction of coal-powered power plants.&nbsp;</p> <p>Egyptian Holding Electricity Company will sign seven partnership agreements with private Chinese companies operating coal-powered plants; a statement by Egypt's Ministry of Electricity and Renewable Energy said on Tuesday.</p> <p>The agreements were discussed and drawn up as Egypt's Electricity minister is accompanying President Abdel-Fattah El-Sisi, in his first visit to the world's second-largest economy, which began on Monday.</p> <div class="field field-type-imceimage field-field-headline-image"> <div class="field-items"> <div class="field-item odd"> <a href="/business/coal-coalition-between-egypt-and-china-sees-renewed-burst-energy-joint-power-generation-636" class="imagecache imagecache-article_headline_thumb imagecache-linked imagecache-article_headline_thumb_linked"><img src="http://albawabacdn.albawabamiddleea.netdna-cdn.com/sites/default/files/imagecache/article_headline_thumb/im/Business/Egypt-coal-powerplant.jpg" alt="Egypt, China to cooperate in coal power generation (Image Egyptian coal power plant)." title="Egypt, China to cooperate in coal power generation (Image Egyptian coal power plant)." class="imagecache imagecache-article_headline_thumb" width="147" height="147" /></a> </div> </div> </div> <div class="field field-type-computed field-field-attribution"> <div class="field-items"> <div class="field-item odd"> <a href="http://english.ahram.org.eg" title="Al-Ahram Gate" target="_blank"><img src="http://pub.syndigate.info/logos/small/908.png" title="Al-Ahram Gate" border="0" /></a> © Copyright Al-Ahram Publishing House </div> </div> </div> <p><a href="http://www.albawaba.com/business/coal-coalition-between-egypt-and-china-sees-renewed-burst-energy-joint-power-generation-636" target="_blank">read more</a></p> http://www.albawaba.com/business/coal-coalition-between-egypt-and-china-sees-renewed-burst-energy-joint-power-generation-636#comments BUSINESS Main headlines Oil & Energy China Egypt Wed, 24 Dec 2014 17:46:37 +0000 636642 at http://www.albawaba.com With some items expired for 20 years, Lebanon's airport food storage conditions deemed 'disastrous' http://www.albawaba.com/business/lebanon-food-hygeine-636566 <p>Health Minister<a class="entityAnchor">&nbsp;Wael Abu Faour</a>&nbsp;Tuesday ordered the closure of food and medicine storage warehouses at Beirut's airport,<a href="http://www.dailystar.com.lb/News/Lebanon-News/2014/Nov-12/277318-food-scandal-menu-of-death.ashx" target="_blank"> citing poor hygiene and expired items during an inspection.</a></p> <div class="field field-type-imceimage field-field-headline-image"> <div class="field-items"> <div class="field-item odd"> <a href="/business/lebanon-food-hygeine-636566" class="imagecache imagecache-article_headline_thumb imagecache-linked imagecache-article_headline_thumb_linked"><img src="http://albawabacdn.albawabamiddleea.netdna-cdn.com/sites/default/files/imagecache/article_headline_thumb/im/lebanon_food_Storage.jpg" alt="Health Minister Wael Abu Faour inspects the warehouses at Beirut&#039;s airport, Tuesday, Dec. 23, 2014. " title="Health Minister Wael Abu Faour inspects the warehouses at Beirut&#039;s airport, Tuesday, Dec. 23, 2014. " class="imagecache imagecache-article_headline_thumb" width="147" height="147" /></a> </div> </div> </div> <div class="field field-type-computed field-field-attribution"> <div class="field-items"> <div class="field-item odd"> <a href="http://www.dailystar.com.lb/" title="The Daily Star" target="_blank"><img src="http://pub.syndigate.info/logos/small/23.png" title="The Daily Star" border="0" /></a> Copyright © 2014, The Daily Star. All rights reserved. </div> </div> </div> <p><a href="http://www.albawaba.com/business/lebanon-food-hygeine-636566" target="_blank">read more</a></p> http://www.albawaba.com/business/lebanon-food-hygeine-636566#comments BUSINESS Main headlines Transport & Shipping Lebanon Wed, 24 Dec 2014 14:24:57 +0000 636566 at http://www.albawaba.com When helping NGOs does not pay off: Police arrest Israeli deputy minister Fania Kirshenbaum on charges of funneling funds to non-profit organizations http://www.albawaba.com/business/when-helping-ngos-does-not-pay-police-arrest-israeli-deputy-minister-fania-kirshenbaum-char <p>Another embarrassing affair has broken out at the top political level: Deputy Minister of Internal Affairs Fania Kirshenbaum (Yisrael Beitenu) was detained for questioning today on suspicions of corruption, fraud, breach of trust, money laundering and bribery. Several other people in the ministry and other government agencies were also arrested, and more than 30 people are being questioned by the police National Fraud Investigation Unit. Former Yisrael Beitenu minister Stas Misezhnikov is also allegedly connected to the affair.</p> <div class="field field-type-imceimage field-field-headline-image"> <div class="field-items"> <div class="field-item odd"> <a href="/business/when-helping-ngos-does-not-pay-police-arrest-israeli-deputy-minister-fania-kirshenbaum-char" class="imagecache imagecache-article_headline_thumb imagecache-linked imagecache-article_headline_thumb_linked"><img src="http://albawabacdn.albawabamiddleea.netdna-cdn.com/sites/default/files/imagecache/article_headline_thumb/im/Business/Faina_Kirshenbaum.jpg" alt="Israel Police have arrested Deputy Minister of Internal Affairs Fania Kirshenbaum amongst others in a probe of suspected illegal transfers of public money to NGOs. (Image courtesy of Jerusalem Post)" title="Israel Police have arrested Deputy Minister of Internal Affairs Fania Kirshenbaum amongst others in a probe of suspected illegal transfers of public money to NGOs. (Image courtesy of Jerusalem Post)" class="imagecache imagecache-article_headline_thumb" width="147" height="147" /></a> </div> </div> </div> <div class="field field-type-computed field-field-attribution"> <div class="field-items"> <div class="field-item odd"> <a href="http://www.globes-online.com" title="Globes" target="_blank"><img src="http://pub.syndigate.info/logos/small/1398.png" title="Globes" border="0" /></a> © Copyright of Globes Publisher Itonut (1983) Ltd. 2014 </div> </div> </div> <p><a href="http://www.albawaba.com/business/when-helping-ngos-does-not-pay-police-arrest-israeli-deputy-minister-fania-kirshenbaum-char" target="_blank">read more</a></p> http://www.albawaba.com/business/when-helping-ngos-does-not-pay-police-arrest-israeli-deputy-minister-fania-kirshenbaum-char#comments BUSINESS Economy & Trade Main headlines Israel Wed, 24 Dec 2014 13:43:23 +0000 636542 at http://www.albawaba.com From more BBM-ing, to less Facebook-ing: how exactly are people in Qatar using the internet? http://www.albawaba.com/business/middle-east-internet-trends-636532 <p>&nbsp;For the first time, a study of Internet users in Qatar has explored the usage of emerging social media channels, alongside more established networks, thereby providing a holistic view of the country's social media population.</p> <div class="field field-type-imceimage field-field-headline-image"> <div class="field-items"> <div class="field-item odd"> <a href="/business/middle-east-internet-trends-636532" class="imagecache imagecache-article_headline_thumb imagecache-linked imagecache-article_headline_thumb_linked"><img src="http://albawabacdn.albawabamiddleea.netdna-cdn.com/sites/default/files/imagecache/article_headline_thumb/im/internet_smart_phone.jpg" alt="A third of Qatari Internet users will harness WhatsApp to find out the latest news, compared to 21% of online expats." title="A third of Qatari Internet users will harness WhatsApp to find out the latest news, compared to 21% of online expats." class="imagecache imagecache-article_headline_thumb" width="147" height="147" /></a> </div> </div> </div> <div class="field field-type-computed field-field-attribution"> <div class="field-items"> <div class="field-item odd"> <a href="http://www.yourmiddleeast.com" title="Your Middle East" target="_blank"><img src="http://pub.syndigate.info/logos/small/1359.png" title="Your Middle East" border="0" /></a> Copyright © Your Middle East AB. All rights reserved. </div> </div> </div> <p><a href="http://www.albawaba.com/business/middle-east-internet-trends-636532" target="_blank">read more</a></p> http://www.albawaba.com/business/middle-east-internet-trends-636532#comments BUSINESS IT & Telecom Featured Articles Qatar Wed, 24 Dec 2014 13:26:28 +0000 636532 at http://www.albawaba.com