News


News from the MENA region


Dubai Metro to extend hours for GITEX Shopper show

Dubai’s transport system will run for four extra hours from 10am to midnight on Friday to cope with expected rush of visitors


Etihad Rail to launch next phase of $11bn UAE rail network

Acting CEO says set to secure gov’t funding for 628km stage to connect ports in Abu Dhabi and Dubai with the Saudi and Omani borders


Muslim NFL player ‘penalised for prayer celebration’

Husain Abdullah reportedly receives penalty under National Football League’s ‘excessive celebration’ rules


Saudi Electricity signs $682m deals to power Riyadh metro

Seven contracts are to build stations and lay cables for the rail system in the Saudi capital


UAE’s Dana Gas signs deal to recover $280m owed by Egypt

Egypt has struggled to pay foreign companies for gas since the 2011 revolt that ousted Hosni Mubarak


Of course I don’t need a shrink

Learning about yourself is one of the most rewarding journeys you’ll experience, says Silja Litvin


UAE sees surge in demand for .ae website addresses

Telecoms regulator says total number of registrations top 121,300 after increase in past six months


GCC hotel sector revenues forecast to hit $35.9bn in 2018

New report by Alpen Capital also says average occupancy rates will be in range of 68-74%


Dubai Amlak’s shareholders agree $572m convertible issue

The instrument is a key part of the company’s $2.7 billion debt restructuring plan


ISIL will be defeated, says Sheikh Mohammed

Vice President and Prime Minister of the UAE takes defiant stance in opinion column published on Sunday


Ajman’s R Hotels acquires fifth hotel in Dubai

Operator says it will open 192-key property in Jumeirah in the second quarter of 2015


Dubai’s MAF inks deal bring UK’s AllSaints to Middle East

Fashion retailing arm of Majid Al Futtaim says it will oversee growth of British retail brand across GCC markets


Rising cost of living is No 1 worry for UAE residents – survey

New poll reveals concerns despite growing confidence in UAE about economy and job opportunities


Dubai’s DEWA awards $68m solar park contract

State-owned utility says new substation deal will link Mohammed bin Rashid Al Maktoum Solar Park to the grid


Dubai’s Depa wins $39m hotel fit-out contracts

Interior design firm says it has been hired to fit-out Emerald Palace Kempinski Hotel and the Novotel World Trade Centre


Saudi Arabia urged to end discrimination in women’s sports

New call from Human Rights Watch after Gulf kingdom selects all-male team to compete at Asian Games


Abu Dhabi to pay tribute to Francois Truffaut at film fest

Abu Dhabi Film Festival will screen selection of movies by legendary filmmaker 30 years after his death


Oman mega project fast-tracks home sales amid strong demand

Saraya Bandar Jissah says reassessing goals for remainder of 2014 after successful first release of residential units


Abu Dhabi National Hotels appoints new CEO

Former IHG and Accor senior exec Ignace Bauwens takes helm at UAE hotel operator


Fox News presenters mock UAE’s female fighter pilot

Two male presenters on US cable channel make sexist jokes about Major Mariam al-Mansouri’s role in Syria air strikes


UAE announces Eid Al Adha holiday for workers

Eid Al Adha will run from Friday October 3 to Sunday October 6 inclusive for both private, public sector


Damac to sell Akoya homes cheaper to Emiratis

Developer announces plan to launch ‘preferential prices and payment plans’ for UAE nationals on selected projects


Egypt says Saudi Arabia has sent $3bn oil products

Delivery is part of aid packages to Egypt announced following the overthrow of President Mohamed Mursi


Jailed former Leeds Utd chief says PwC report ‘proves innocence’

David Haigh issues new statement after 130 days in Dubai jail; says he is yet to be questioned on allegations of financial irregularities


Rami Al Ali launches prêt-a-porter collection

Syrian-born fashion designer showcases latest collection in Paris


Dubai’s RTA says planning at least 35 more mega projects

Transport authority chief says nearly $20bn has so far been spent in delivering services in the emirate


Cleric Abu Qatada walks free after Jordan terror plot acquittal

State security court rules that charges against radical preacher lacked sufficient evidence


Deloitte hires 700 staff as it posts double-digit MidEast growth

Consultancy giant reports global aggregate revenues of more than $34bn in latest fiscal year


US firm picked to manage Dubai’s Burj 2020 District project

Dubai’s DMCC hires Turner International to oversee development which will include world’s tallest commercial tower


Damac Properties pulls exchange offer for Dubai listing

Real estate developer says it has been unable to secure an agreement with UAE market regulator


Security, rival operators delay new Saudi mobile entries

Telecom regulator is keen to increase competition in Gulf kingdom but launch of new firms have been delayed


US-led air strikes said to kill at least 70 ISIL fighters

UAE, Bahrain, Qatar and Jordan played roles as part of US-led attack on militants in Syria


Bahrain, UAE confirm air strikes on ‘terrorist’ sites

Gulf states make first statements since US launched air and missile campaign in Syria


EU’s blocking of TNT deal dented our MidEast growth: UPS boss

World’s No. 1 package delivery company is now playing catch-up after deal fell through


UAE to launch new market to trade private firm shares

Sheikh Mohammed approves plan for Second Market which aims to help private firms overcome hurdle of raising finance


Gaza Reconstruction is Muslim Nations’ Responsibility


Rebels sign agreement with Yemeni government to end clashes

Shia rebels and the Yemeni government have signed an agreement aimed at halting violent clashes that have left more than 140 people dead and forced thousands to flee their homes.


UAE President names new central bank governor

Mubarak Rashid Khamis Al Mansouri is hired for top job as part of decree to restructure board


Saudi Cement keeps kilns closed due to weak demand

Company says it will not restart Hofuf factory ops due to high inventory levels and poor demand


Revealed: Dubai plans sustainable Real Estate City

Dubai Land Department unveils ‘The Perfect City’ to bring all property-related businesses into one zone


Bahrain’s Batelco says first Gulf telco to open drive-thru shop

Shop at Salmabad Petrol Station gives passing motorists the chance to buy range of telco’s products


Dubai’s Limitless holds ‘positive’ talks on debt restructuring

Property firm’s chief exec says revised business plan is being discussed with company creditors


Deyaar unveils $952m ‘Midtown’ mega project in Dubai

Developer says development will include a total of 27 integrated buildings over 5.5 million sq ft


Amlak postpones shareholder meeting due to poor attendance

Dubai mortgage lender says first meeting in nearly six year is called off after not enough shareholders attended for it to be valid


Saudi’s NCB says it will start its IPO later this month

National Commercial Bank will sell 300 million shares, equivalent to 15% of the lender