Gulf Business http://gulfbusiness.com Thu, 30 Oct 2014 13:50:12 +0000 en-US hourly 1 http://wordpress.org/?v=3.8.4 Qatar Budget Spending Falls 6.6% In Fiscal Q1, Revenue Hits Record http://gulfbusiness.com/2014/10/qatar-budget-spending-falls-6-6-fiscal-q1-revenue-hits-record/ http://gulfbusiness.com/2014/10/qatar-budget-spending-falls-6-6-fiscal-q1-revenue-hits-record/#comments Thu, 30 Oct 2014 13:39:06 +0000 http://gulfbusiness.com/?p=57233 The central bank did not give a reason for the drop in spending, but work on some large infrastructure projects has been slowed.

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Revealed: New Innovative Tech Gadgets Breaking The Mold http://gulfbusiness.com/2014/10/revealed-new-innovative-tech-gadgets/ http://gulfbusiness.com/2014/10/revealed-new-innovative-tech-gadgets/#comments Thu, 30 Oct 2014 13:03:33 +0000 http://gulfbusiness.com/?p=57232 Some of the latest novel gadgets that could change the industry.

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Emaar Malls Group Q3 Net Profit Rises 55% http://gulfbusiness.com/2014/10/emaar-malls-group-q3-net-profit-rises-55/ http://gulfbusiness.com/2014/10/emaar-malls-group-q3-net-profit-rises-55/#comments Thu, 30 Oct 2014 11:35:25 +0000 http://gulfbusiness.com/?p=57227 The retail and malls unit of Dubai's largest developer made a quarterly profit of Dhs321.18 million.

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Etihad Boosts India Network With Additional Flights To Mumbai, Delhi http://gulfbusiness.com/2014/10/etihad-boosts-india-network-additional-flights-mumbai-delhi/ http://gulfbusiness.com/2014/10/etihad-boosts-india-network-additional-flights-mumbai-delhi/#comments Thu, 30 Oct 2014 11:33:23 +0000 http://gulfbusiness.com/?p=57221 Triple daily services will begin to Mumbai on February 15, and to New Delhi on May 1, 2015.

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Top 10 Arab-Influenced Experiences You Shouldn’t Miss In Andalusia http://gulfbusiness.com/2014/10/glimpse-top-10-arab-influences-experience-andalucia/ http://gulfbusiness.com/2014/10/glimpse-top-10-arab-influences-experience-andalucia/#comments Thu, 30 Oct 2014 08:45:53 +0000 http://gulfbusiness.com/?p=57094 Palaces, old mosques and cuisines in the Spanish region display strong traces of Arabic inspiration.

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Sharjah Rents Up Around 18% In Q3 As Dubai’s Rental Growth Slows http://gulfbusiness.com/2014/10/sharjah-rents-around-18-q3-dubais-rental-growth-slows/ http://gulfbusiness.com/2014/10/sharjah-rents-around-18-q3-dubais-rental-growth-slows/#comments Thu, 30 Oct 2014 08:18:18 +0000 http://gulfbusiness.com/?p=57205 The rents across Sharjah rose two per cent quarter-on-quarter during the third quarter, a new report says.

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Saudi Arabia Finds Six New MERS Cases As Outbreak Grows http://gulfbusiness.com/2014/10/saudi-arabia-finds-six-new-mers-cases-outbreak-grows/ http://gulfbusiness.com/2014/10/saudi-arabia-finds-six-new-mers-cases-outbreak-grows/#comments Thu, 30 Oct 2014 08:11:10 +0000 http://gulfbusiness.com/?p=57203 The recent surge in cases, now numbering 32 since the start of October, has been focused in Riyadh and the western city of Taif, authorities said.

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Bahrain’s Investcorp, Mumtalakat Buy U.S. Workforce Services Firm PRO Unlimited http://gulfbusiness.com/2014/10/bahrains-investcorp-mumtalakat-buy-u-s-workforce-services-firm-pro-unlimited/ http://gulfbusiness.com/2014/10/bahrains-investcorp-mumtalakat-buy-u-s-workforce-services-firm-pro-unlimited/#comments Thu, 30 Oct 2014 08:08:11 +0000 http://gulfbusiness.com/?p=57201 Investcorp did not reveal the deal value in the statement but said that the new investment will allow it to expand its business.

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Saudi Telco Mobily Says Audit Committee Meeting Over Results, Shares Halted http://gulfbusiness.com/2014/10/saudi-telco-mobily-says-audit-committee-meeting-results-shares-halted/ http://gulfbusiness.com/2014/10/saudi-telco-mobily-says-audit-committee-meeting-results-shares-halted/#comments Thu, 30 Oct 2014 06:40:44 +0000 http://gulfbusiness.com/?p=57192 The suspension was requested because its audit committee was meeting to consider "significant matters relating to its financial statements", a statement said.

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Britain’s Cameron Appeals To Qatar Emir For More Investment http://gulfbusiness.com/2014/10/britains-cameron-appeals-qatar-emir-investment/ http://gulfbusiness.com/2014/10/britains-cameron-appeals-qatar-emir-investment/#comments Thu, 30 Oct 2014 06:28:43 +0000 http://gulfbusiness.com/?p=57189 Britain's prime minister asked Sheikh Tamim bin Hamad Al Thani to consider further funding to help Britain's push to develop cities in the north of the country.

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Kuwait’s Burgan Bank Gets Regulator Approval For $74.8m Rights Issue http://gulfbusiness.com/2014/10/kuwaits-burgan-bank-gets-regulator-approval-74-8m-rights-issue/ http://gulfbusiness.com/2014/10/kuwaits-burgan-bank-gets-regulator-approval-74-8m-rights-issue/#comments Thu, 30 Oct 2014 06:20:53 +0000 http://gulfbusiness.com/?p=57187 The lender said it plans to issue 216 million new shares and that the rights issue will raise its paid-up capital by KD21.6 million.

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Microsoft Launches Wearable Fitness Device For $199 http://gulfbusiness.com/2014/10/microsoft-launches-wearable-fitness-device-199/ http://gulfbusiness.com/2014/10/microsoft-launches-wearable-fitness-device-199/#comments Thu, 30 Oct 2014 06:13:39 +0000 http://gulfbusiness.com/?p=57185 The wrist-worn device has sensors that monitor pulse rate, measure calorie burn and track sleep quality, Microsoft said in a blog post.

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UAE Climbs Up In World Bank’s Ease Of Doing Business List http://gulfbusiness.com/2014/10/uae-climbs-world-banks-ease-business-list/ http://gulfbusiness.com/2014/10/uae-climbs-world-banks-ease-business-list/#comments Thu, 30 Oct 2014 05:54:54 +0000 http://gulfbusiness.com/?p=57172 The UAE was also one of the top 10 countries globally which improved its rankings in the ease of doing business list as it introduced around 20 economic reforms over the last year.

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Saudi Arabia’s Kingdom Holding Q3 Net Profit Rises 20.5% http://gulfbusiness.com/2014/10/saudi-arabias-kingdom-holding-q3-net-profit-rises-20-5/ http://gulfbusiness.com/2014/10/saudi-arabias-kingdom-holding-q3-net-profit-rises-20-5/#comments Thu, 30 Oct 2014 05:25:24 +0000 http://gulfbusiness.com/?p=57169 Kingdom made a net profit of SAR265 million ($70.6 million) in the three months ended Sept. 30, compared to SAR219.9 million in the same period a year earlier.

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Barclays Sued By Saudi Developer For $10bn http://gulfbusiness.com/2014/10/barclays-sued-saudi-developer-10bn/ http://gulfbusiness.com/2014/10/barclays-sued-saudi-developer-10bn/#comments Thu, 30 Oct 2014 04:18:46 +0000 http://gulfbusiness.com/?p=57166 Jadawel International, a unit of London-based MBI International Holdings Inc., claims Barclays "hatched a fraudulent scheme" to secure the rare Saudi banking license, selling out Jadawel in the process.

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Major New Saudi-Sinopec Refinery To Export In December http://gulfbusiness.com/2014/10/major-new-saudi-sinopec-refinery-export-december/ http://gulfbusiness.com/2014/10/major-new-saudi-sinopec-refinery-export-december/#comments Thu, 30 Oct 2014 04:10:45 +0000 http://gulfbusiness.com/?p=57164 Yanbu Aramco Sinopec Refining Co (Yasref) refinery started trial runs in September and originally planned its first exports by November.

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Why Online Education Helps In The Global Marketplace http://gulfbusiness.com/2014/10/online-education-helps-global-marketplace/ http://gulfbusiness.com/2014/10/online-education-helps-global-marketplace/#comments Thu, 30 Oct 2014 04:00:44 +0000 http://gulfbusiness.com/?p=57159 Online higher education offers accessibility and flexibility, writes Dr. Ward Ulmer, associate dean of Walden University’s College of Management and Technology.

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Abu Dhabi New Financial Zone Hires Regulatory Chief From Singapore http://gulfbusiness.com/2014/10/abu-dhabi-new-financial-zone-hires-regulatory-chief-singapore/ http://gulfbusiness.com/2014/10/abu-dhabi-new-financial-zone-hires-regulatory-chief-singapore/#comments Wed, 29 Oct 2014 13:30:48 +0000 http://gulfbusiness.com/?p=57162 Richard Teng, most recently chief regulatory officer at the Singapore Exchange, will be CEO of the regulator at the Abu Dhabi Global Market.

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Commercial Bank Of Qatar Q3 Profit Surges http://gulfbusiness.com/2014/10/commercial-bank-qatar-q3-profit-surges/ http://gulfbusiness.com/2014/10/commercial-bank-qatar-q3-profit-surges/#comments Wed, 29 Oct 2014 13:09:27 +0000 http://gulfbusiness.com/?p=57156 The lender reported a 79 per cent rise in third-quarter profit, beating analysts' expectations.

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Almost 28% Of UAE Residents Use Credit Cards, Loans To Pay Off Debts http://gulfbusiness.com/2014/10/almost-28-uae-residents-use-credit-cards-loans-pay-debts/ http://gulfbusiness.com/2014/10/almost-28-uae-residents-use-credit-cards-loans-pay-debts/#comments Wed, 29 Oct 2014 12:38:21 +0000 http://gulfbusiness.com/?p=57153 There has been a 20 per cent year-on-year surge in the number of UAE residents using credit cards or loans to pay off their current debts, a new survey says.

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