Most Popular

Today

Abu Dhabi is contemplating a new visa scheme exclusively for entrepreneurs and startups. (File photo)
11:36 GMT
Abu Dhabi is contemplating a new visa scheme exclusively for entrepreneurs and startups.
The validity of employment visas issued by the Saudi Ministry of Labor for the private sector has been reduced from two years to one year. (AFP/ File)
11:14 GMT
The validity of employment visas for private sector firms in Saudi Arabia has been reduced from two years to one year.
Dozens of the biggest names in global business are making the trip to Riyadh today, including IMF chief Christine Lagarde. (Cristobal Bouroncle/ AFP)
10:53 GMT
A major conference is taking place in the Saudi capital today attended by some of the world’s top business leaders and money managers.
The UAE is now among 20 countries worldwide that offer the innovative service. (AFP/ File)
08:56 GMT
Six UAE banks, Etisalat and du, Dubai Metro and Etihad have all announced they will allow for Apple Pay payments.

October 23, 2017

How much do you need to save to retire in the UAE? This article tells you. (File photo)
15:29 GMT
How much do you need to save to retire in the UAE? This article tells you.
A video of the Dubai minister sweating it out on a spinning bike at a gym was uploaded on YouTube by the ministry on Sunday. (YouTube)
15:22 GMT
A video of the Dubai minister sweating it out on a spinning bike at a gym was uploaded on YouTube by the ministry on Sunday.
In this opinion piece, Vitaliy Katsenelson explains why some under-performing companies, like Coca-Cola, still have good stocks, while the opposite is not always true. (File photo)
15:17 GMT
In this opinion piece, Vitaliy Katsenelson explains why some under-performing companies, like Coca-Cola, still have good stocks, while the opposite is not always true.
The two sides reached an agreement on opening border crossings and developing ports, roads and border areas. (AFP)
12:40 GMT
The two sides reached an agreement on opening border crossings and developing ports, roads and border areas.
Hiring mothers of Saudi men and women and children of Saudi women is now part of the country's Saudization plans. (AFP)
12:06 GMT
Hiring foreigners who are mothers of Saudi men and women, as well as children of Saudi women, will be allowed in professions which have been restricted only to Saudis.
Trading of DFM General Index futures is expected to begin later this year. (AFP)
11:31 GMT
Dubai Financial Market (DFM) and Nasdaq Dubai have signed a licence agreement under which DFM's futures contracts will be traded on Nasdaq.

October 22, 2017

Dubai-based Emaar Properties today confirmed plans to sell a 20 percent stake in its real estate development business. (File photo)
18:00 GMT
The UAE has all it takes to become the region's IPO hub, says expert.
You'll get both the Surface Pen and Type Cover when you purchase the new Microsoft Surface Pro in the UAE. (Courtesy of Microsoft)
15:40 GMT
A review of the latest incarnation of Microsoft's 2-in-1 killing machine.
The issue of male infertility has become a worldwide issue and the causes are mainly related to modern-day lifestyle matters such as obesity and smoking. (Pixabay)
15:33 GMT
The issue of male infertility has become a global issue and the causes are mainly related to modern-day lifestyle.
Results are in: 56 percent of employees in UAE would prefer to be working for a different employer. (File photo)
15:18 GMT
Results are in: 56 percent of employees in UAE would prefer to be working for a different employer.
What can you do to make sure that your income goes a long way into covering your expenses? Here are a few tips to help you. (Pixabay)
15:13 GMT
What can you do to make sure that your income goes a long way into covering your expenses? Here are a few tips to help you.
Qatar has announced a new draft law that seeks to protect and boost local production. (File photo)
14:36 GMT
Qatar has announced a new draft law that seeks to protect and boost national products.
The city’s port is planned to have a capacity to handle two million containers by 2025, instead of 875,000 currently. (AFP/ File)
14:16 GMT
Jordanian officials said they have a plan in place to attract $10 billion worth of investment to Aqaba by 2025.
This decision allows more than 25 million residents in GCC states to get a visa on arrival at Tunisian airports and border crossing points. (AFP/ File)
14:07 GMT
This decision allows more than 25 million residents in GCC states to get a visa on arrival at Tunisian airports and border crossing points.

October 19, 2017

Happy Diwali from Dubai to the world! (YouTube/ Emirates)
15:36 GMT
Happy Diwali from Dubai to the world!
Omar Sultan Al Olama, 27 years old, is the UAE's first minister of state for AI. (Pictured here: Sheikh Mohammed bin Rashid Al Maktoum/ File)
14:48 GMT
Sheikh Mohammed bin Rashid Al Maktoum today announced a major reshuffle of the UAE's government.
Were you one of thousands of Dubai residents who received a text from Sheikh Hamdan today? (Photo by Kelly Clarke)
13:21 GMT
"I challenge you to join the Dubai Fitness Challenge" was Sheikh Hamdan's SMS today to thousands of Dubai residents inviting them to join the Dubai Fitness Challenge.
A splurge on marketing spending failed to deliver a bottom-line boost to Damac Properties for this quarter. (File photo)
13:00 GMT
A splurge on marketing spending failed to deliver a bottom-line boost to Damac Properties for this quarter.

October 18, 2017

The multi-billion dollar arms deal with Bahrain comes as US President Donald Trump has eased restrictions on arms sales to certain countries including Bahrain. (AFP/ File)
15:35 GMT
The Bahrain Defense Force said it signed a deal with Lockheed Martin to purchase 16 upgraded F-16 fighter jets.
The company had suspended all flights to Marsa Alam airport in Egypt since 2008. (Shutterstock)
15:22 GMT
The UK operator had suspended all flights to Marsa Alam airport in Egypt since 2008.
Oman has decided to cancel bids for the country’s third mobile licence and award it to a local consortium. (Photo courtesy of Oman Oil)
14:57 GMT
Oman has decided to cancel bids for the country’s third mobile licence and award it to a local consortium instead.

October 17, 2017

The UAE plans to boost its reliance on AI in routine government jobs. (AFP/ File)
13:23 GMT
The UAE has unveiled a new AI strategy to boost government services in the Emirates.
Nearly half of residents in the UAE are in debt, while a significant number are failing to save money, according a report by Payfort. (File photo)
12:55 GMT
Nearly half of residents in the UAE are in debt, while a significant number are failing to save money, according a report by Payfort.
PetroChina and Sinopec, two major Chinese energy companies, said they are willing to take the whole 5 percent in Saudi Aramco, or even more. (AFP/ File)
12:20 GMT
Two major Chinese energy companies have reportedly moved to buy stakes in Saudi Aramco ahead of its IPO.

October 16, 2017

The entertainment industry in Medinah has just lost SR200 million ($53.3 million) after a group of investors decided not to invest in the sector. (File photo)
18:00 GMT
The entertainment industry in Medinah has just lost SR200 million ($53.3 million) after a group of investors decided not to invest in the sector.
Dubai Marina and Jumeirah Village Circle are among the most searched areas by property buyers, according to a report by Dubizzle. (File photo)
14:41 GMT
Dubai Marina and Jumeirah Village Circle are among the most searched areas by property buyers, according to a report by Dubizzle.
Saudi Arabia's commercial courts started operating last month in Riyadh, Jeddah and Dammam. (Shutterstock)
13:26 GMT
The commercial courts were launched to encourage and motivate investment in Saudi Arabia.
The currency flotation has made property prices more affordable for Saudis and Egyptians living abroad. (File photo)
12:49 GMT
More and more Saudis are buying property in Egypt, with prices starting from $80,000.
Qatar's Emir Sheikh Tamim bin Hamad Al Thani inspects an honor guard during a welcome ceremony in Kuala Lumpur, Malaysia, on October 16, 2017. (Vincent Thian/ AP)
12:00 GMT
Qatar's emir begins Asia tour with a two-day visit to Malaysia.
Oil prices settled at a two-week high on Friday, as geopolitical uncertainty in the Middle East raised the threat of supply disruptions. (AFP/ File)
10:28 GMT
Crude oil prices soared on Monday as tensions between Baghdad and Kurdistan went up a notch.

October 15, 2017

Royal Jordanian had approved a new turnaround plan last week. (Don Emmert/ AFP)
14:36 GMT
Royal Jordanian vows to make an operating profit this year as it implements a new turnaround plan.
Kuwait cracks down on non-degree holders and vows to punish violating companies. (AFP/ File)
14:04 GMT
Non-degree holders and violating companies will be fined and punished.
The 286 Jazan islands are one of the biggest island groups in the southern part of Red Sea. (AFP)
13:50 GMT
Saudi Arabia has announced that 286 islands off the Jazan coast will be on the market for tourism investment.
Government-owned master developer Dubai Holding is believed to be reassessing the project. (File photo)
13:35 GMT
Government-owned master developer Dubai Holding has put $20.2 billion mega project Jumeirah Central on hold, according to reports.

October 12, 2017

Around 5,000 finance and accounting jobs would be generated with the introduction of the Value Added Tax (VAT) in January 1, 2018. (File photo)
14:59 GMT
Around 5,000 finance and accounting jobs will be generated with the introduction of the Value Added Tax (VAT) in the Gulf region, according to experts.
High-testosterone traders are more likely to deploy a more aggressive stock trading strategy, i.e. buy high to sell higher. (Pixabay)
14:46 GMT
A new study supports the theory that testosterone influences the decision making of stock market traders, and could be a cause of market instability.
A total of $16.3 billion in remittances was sent to Egypt between November 2016, when Egypt floated its currency, and August this year. (File photo)
14:27 GMT
Remittances from Egyptian expats were reportedly 40 percent higher in August compared to the same month last year.
WhatsApp Business is a whole new app by WhatsApp that will enable customers and companies to communicate more effectively. (File photo)
14:17 GMT
WhatsApp Business is a whole new app and the biggest change WhatsApp has witnessed since it was purchased by Facebook.
According to Turkey's Deputy Prime Minister Mehmet Simsek, the US-Turkey visa row is only a temporary dispute that will be resolved soon. (AFP)
14:03 GMT
A visa suspension between Turkey and Washington will likely be resolved soon, according to Turkey's Deputy Prime Minister Mehmet Simsek.
The cost of bribery in Kuwait is $2 billion a year, or two percent of the country's total GDP. (File photo)
13:46 GMT
The cost of bribery in Kuwait is $2 billion a year, or two percent of the country's total GDP.
The bank said it is committed to supporting only those companies with a greener agenda. (Eric Piermont/ AFP)
13:38 GMT
The bank said it is committed to supporting only those companies with a greener agenda.
Exemptions for Saudi firms investing in Abu Dhabi will be related to land, lease and rents. (File photo)
12:31 GMT
Officials announced during the UAE-Saudi Business Forum in Abu Dhabi that Saudi firms investing in Abu Dhabi will be offered special exemptions on lease, rents and land.

October 11, 2017

Saudi Aramco celebrated this week the opening of a new office in India. Here's why it's good news for oil markets. (File photo)
20:00 GMT
After a sluggish start to the week, oil prices are moving again.
Russia has been backing Bashar al-Assad in the long-running civil war in Syria. (AFP/ File)
19:00 GMT
Russia wants its companies to help build an economic recovery in the war-torn country.
Russia said on Tuesday it would block access to websites of exchanges that offer cryptocurrency such as Bitcoin. (File photo)
18:00 GMT
Russia said on Tuesday it would block access to websites of exchanges that offer cryptocurrency such as Bitcoin.
Violators in Dubai ought to be shaking in their boots, as police have introduced a new flying motorbike. (Courtesy of Hoversurf)
13:05 GMT
Criminals in Dubai ought to be shaking in their boots, as police in the Emirate have introduced a flying motorbike.
From 2000 to 2015, India's imports from OPEC nations increased from $2 billion to nearly $140 billion. (AFP/ File)
11:52 GMT
OPEC sees world oil demand growth increasingly shifting to India.
Morocco's FDI reached $1.92 billion in January-August 2017, against $1.47 billion a year earlier. (File photo)
11:21 GMT
Morocco's FDI reached $1.92 billion in January-August 2017, against $1.47 billion a year earlier.
Uber's new centre will provide more than 700 direct jobs to Egyptians. (AFP/ File)
11:09 GMT
Uber announced on Tuesday that it plans to invest over $20 million in Egypt during the next five years.
There is genuine concern by GCC governments to develop renewable energy. Here's what each country is doing to reduce its dependence on oil. (File photo)
10:37 GMT
There is genuine concern by GCC governments to develop renewable energy. Here's what each country is doing to reduce its dependence on oil.
Through this deal, Rosneft has become a partner in the development of the largest gas field in the Mediterranean Sea. (AFP/ File)
10:22 GMT
Rosneft bought 30 percent of Egypt’s Zohr gas field in the Mediterranean Sea from the Italian company Eni at $1.1 billion.
Saudi Aramco this week launched a subsidiary in India. But what is Saudi Aramco exactly looking for in India? (AFP/ File)
09:54 GMT
Saudi Aramco this week launched a subsidiary in India. But what is Saudi Aramco exactly looking for in India?

October 10, 2017

On Sunday, the U.S. Embassy in Turkey suspended its non-immigrant visa service. Turkey retaliated by suspending non-immigrant visa services at all Turkish diplomatic facilities in the U.S. (AFP/ File)
12:04 GMT
Turkish businessmen are worried disagreements between the two countries will harm economic relations.
A button in your car will be used to call the police in case of accidents. (File photo/ Courtesy of Nissan)
11:58 GMT
The UAE will soon have cars that will be equipped with a smart button that motorists can use to report emergencies.
Saudi Arabia’s international brand value has soared by 19 percent, ranking the Kingdom second in the region after the UAE, according to a report released Monday. (File photo)
11:39 GMT
Saudi Arabia’s international brand value has soared by 19 percent, ranking the Kingdom second in the region after the UAE, according to a report released Monday.
Gold priced bounced back from one-month lows as renewed concerns over tensions with North Korea and an escalating diplomatic crisis between the U.S. and Turkey underpinned safe haven demand for the precious metal. (File photo)
11:29 GMT
Gold prices rose on Tuesday boosted by the softer dollar and safe haven buying as geopolitical tensions kept investors on edge.