Gulf Business http://gulfbusiness.com Sun, 21 Dec 2014 14:02:36 +0000 en-US hourly 1 http://wordpress.org/?v=3.8.5 Saudi Says Won’t Cut Oil Output Even If Non-OPEC Nations Do http://gulfbusiness.com/2014/12/saudi-says-wont-cut-oil-output-even-non-opec-nations/ http://gulfbusiness.com/2014/12/saudi-says-wont-cut-oil-output-even-non-opec-nations/#comments Sun, 21 Dec 2014 14:02:36 +0000 http://gulfbusiness.com/?p=60193 Saudi Oil Minister Ali al-Naimi insisted that oil prices would improve, although it was unclear when.

The post Saudi Says Won’t Cut Oil Output Even If Non-OPEC Nations Do appeared first on Gulf Business.

]]>
http://gulfbusiness.com/2014/12/saudi-says-wont-cut-oil-output-even-non-opec-nations/feed/ 0
Stock News: Gulf Markets Continue Rally On Oil, Saudi Budget Hopes http://gulfbusiness.com/2014/12/stock-news-gulf-markets-continue-rally-oil-saudi-budget-hopes/ http://gulfbusiness.com/2014/12/stock-news-gulf-markets-continue-rally-oil-saudi-budget-hopes/#comments Sun, 21 Dec 2014 13:54:23 +0000 http://gulfbusiness.com/?p=60191 The Dubai index jumped 9.9 per cent, while the main Saudi index rose 2.5 per cent.

The post Stock News: Gulf Markets Continue Rally On Oil, Saudi Budget Hopes appeared first on Gulf Business.

]]>
http://gulfbusiness.com/2014/12/stock-news-gulf-markets-continue-rally-oil-saudi-budget-hopes/feed/ 0
Bahrain Energy Projects Not Affected By Oil Slide – Minister http://gulfbusiness.com/2014/12/bahrain-energy-projects-affected-oil-slide-minister/ http://gulfbusiness.com/2014/12/bahrain-energy-projects-affected-oil-slide-minister/#comments Sun, 21 Dec 2014 12:46:38 +0000 http://gulfbusiness.com/?p=60189 Fitch Ratings downgraded Bahrain's credit outlook last week to negative, saying the fall in oil exacerbated an already challenging fiscal situation.

The post Bahrain Energy Projects Not Affected By Oil Slide – Minister appeared first on Gulf Business.

]]>
http://gulfbusiness.com/2014/12/bahrain-energy-projects-affected-oil-slide-minister/feed/ 0
UAE Firms Lose $2.8bn Due To Data Loss And Downtime http://gulfbusiness.com/2014/12/uae-firms-lose-2-8bn-due-data-loss-downtime/ http://gulfbusiness.com/2014/12/uae-firms-lose-2-8bn-due-data-loss-downtime/#comments Sun, 21 Dec 2014 11:36:04 +0000 http://gulfbusiness.com/?p=60186 The UAE ranks low in terms of companies’ maturity and approach towards data protection with just 34 per cent of firms considering data protection as relevant for their success.

The post UAE Firms Lose $2.8bn Due To Data Loss And Downtime appeared first on Gulf Business.

]]>
http://gulfbusiness.com/2014/12/uae-firms-lose-2-8bn-due-data-loss-downtime/feed/ 0
Courtyard By Marriott Opens In Abu Dhabi http://gulfbusiness.com/2014/12/courtyard-marriott-opens-abu-dhabi/ http://gulfbusiness.com/2014/12/courtyard-marriott-opens-abu-dhabi/#comments Sun, 21 Dec 2014 10:33:16 +0000 http://gulfbusiness.com/?p=60180 Mid-market brand targets connection-oriented business travellers

The post Courtyard By Marriott Opens In Abu Dhabi appeared first on Gulf Business.

]]>
http://gulfbusiness.com/2014/12/courtyard-marriott-opens-abu-dhabi/feed/ 0
UAE Urges World’s Oil Producers Not To Raise Output In 2015 http://gulfbusiness.com/2014/12/uae-urges-worlds-oil-producers-not-to-raise-output-in-2015/ http://gulfbusiness.com/2014/12/uae-urges-worlds-oil-producers-not-to-raise-output-in-2015/#comments Sun, 21 Dec 2014 09:59:43 +0000 http://gulfbusiness.com/?p=60178 OPEC's decision last month to leave its output ceiling unchanged, was followed by a fresh plunge of oil prices.

The post UAE Urges World’s Oil Producers Not To Raise Output In 2015 appeared first on Gulf Business.

]]>
http://gulfbusiness.com/2014/12/uae-urges-worlds-oil-producers-not-to-raise-output-in-2015/feed/ 0
Qatar Oil Minister Says Market Experiencing “Temporary Correction” http://gulfbusiness.com/2014/12/qatar-oil-minister-says-market-experiencing-temporary-correction/ http://gulfbusiness.com/2014/12/qatar-oil-minister-says-market-experiencing-temporary-correction/#comments Sun, 21 Dec 2014 08:58:38 +0000 http://gulfbusiness.com/?p=60174 Qatar's oil minister said that the main reason for oil's plunge in recent months was slow growth of the global economy and an increase in sources of supply.

The post Qatar Oil Minister Says Market Experiencing “Temporary Correction” appeared first on Gulf Business.

]]>
http://gulfbusiness.com/2014/12/qatar-oil-minister-says-market-experiencing-temporary-correction/feed/ 0
Expat Residents Should Be Allowed Visa-Free Travel Across GCC – Official http://gulfbusiness.com/2014/12/expat-residents-allowed-visa-free-travel-across-gcc-official/ http://gulfbusiness.com/2014/12/expat-residents-allowed-visa-free-travel-across-gcc-official/#comments Sun, 21 Dec 2014 08:40:47 +0000 http://gulfbusiness.com/?p=60169 The move will boost the GCC’s tourism industry, helping sectors such as aviation and hospitality.

The post Expat Residents Should Be Allowed Visa-Free Travel Across GCC – Official appeared first on Gulf Business.

]]>
http://gulfbusiness.com/2014/12/expat-residents-allowed-visa-free-travel-across-gcc-official/feed/ 0
Saudi-Based Alkhabeer Capital Launches New Unit To Fund Start-Ups http://gulfbusiness.com/2014/12/saudi-based-alkhabeer-capital-launches-new-unit-fund-start-ups/ http://gulfbusiness.com/2014/12/saudi-based-alkhabeer-capital-launches-new-unit-fund-start-ups/#comments Sun, 21 Dec 2014 08:36:50 +0000 http://gulfbusiness.com/?p=60168 The new company, Alkhabeer Ventures, will help fund businesses in sectors such as technology, mobile, e-commerce, news media and social media.

The post Saudi-Based Alkhabeer Capital Launches New Unit To Fund Start-Ups appeared first on Gulf Business.

]]>
http://gulfbusiness.com/2014/12/saudi-based-alkhabeer-capital-launches-new-unit-fund-start-ups/feed/ 0
Saudi’s Naimi Confident That Market Will Improve http://gulfbusiness.com/2014/12/saudis-naimi-confident-market-will-improve/ http://gulfbusiness.com/2014/12/saudis-naimi-confident-market-will-improve/#comments Sun, 21 Dec 2014 07:56:34 +0000 http://gulfbusiness.com/?p=60166 OPEC producers sought to bring balance to the market but a lack of cooperation from other producers led to a continued fall in prices, Naimi said.

The post Saudi’s Naimi Confident That Market Will Improve appeared first on Gulf Business.

]]>
http://gulfbusiness.com/2014/12/saudis-naimi-confident-market-will-improve/feed/ 0
UAE Oil Minister Slams “Irresponsible” Non-OPEC Producers http://gulfbusiness.com/2014/12/uae-oil-minister-slams-irresponsible-non-opec-producers/ http://gulfbusiness.com/2014/12/uae-oil-minister-slams-irresponsible-non-opec-producers/#comments Sun, 21 Dec 2014 06:38:47 +0000 http://gulfbusiness.com/?p=60160 Mazroui said the recent decision of OPEC to retain its production was correct, citing irresponsible supply from other producers for the recent fall in oil prices.

The post UAE Oil Minister Slams “Irresponsible” Non-OPEC Producers appeared first on Gulf Business.

]]>
http://gulfbusiness.com/2014/12/uae-oil-minister-slams-irresponsible-non-opec-producers/feed/ 0
Dubai Developer Omniyat Says 81% Of Units Sold Off In New ANWA Project http://gulfbusiness.com/2014/12/dubai-developer-omniyat-says-81-units-sold-new-anwa-project/ http://gulfbusiness.com/2014/12/dubai-developer-omniyat-says-81-units-sold-new-anwa-project/#comments Sun, 21 Dec 2014 06:32:08 +0000 http://gulfbusiness.com/?p=60155 The Dhs600 million seafront project registered Dhs432 million in sales during the first phase of launch.

The post Dubai Developer Omniyat Says 81% Of Units Sold Off In New ANWA Project appeared first on Gulf Business.

]]>
http://gulfbusiness.com/2014/12/dubai-developer-omniyat-says-81-units-sold-new-anwa-project/feed/ 0
Healthy Dubai Real Estate Market Can Ride Out Cheap Oil http://gulfbusiness.com/2014/12/healthy-dubai-real-estate-market-can-ride-cheap-oil/ http://gulfbusiness.com/2014/12/healthy-dubai-real-estate-market-can-ride-cheap-oil/#comments Sun, 21 Dec 2014 06:15:11 +0000 http://gulfbusiness.com/?p=60153 Experts say that Dubai real estate would not be able to escape a temporary impact from cheaper oil but noted that the economy is well diversified to sustain the lull in oil prices.

The post Healthy Dubai Real Estate Market Can Ride Out Cheap Oil appeared first on Gulf Business.

]]>
http://gulfbusiness.com/2014/12/healthy-dubai-real-estate-market-can-ride-cheap-oil/feed/ 0
FIFA’s Blatter: Only “An Earthquake” Will Stop Qatar From Hosting World Cup http://gulfbusiness.com/2014/12/fifas-blatter-earthquake-will-stop-qatar-hosting-world-cup/ http://gulfbusiness.com/2014/12/fifas-blatter-earthquake-will-stop-qatar-hosting-world-cup/#comments Sun, 21 Dec 2014 05:49:05 +0000 http://gulfbusiness.com/?p=60151 The FIFA President said that both Qatar and Russia will retain their World Cup hosting rights even as the football governing body voted to publish Michael Garcia’s investigative report.

The post FIFA’s Blatter: Only “An Earthquake” Will Stop Qatar From Hosting World Cup appeared first on Gulf Business.

]]>
http://gulfbusiness.com/2014/12/fifas-blatter-earthquake-will-stop-qatar-hosting-world-cup/feed/ 0
Jim Kouzes: What Makes A Good Leader? http://gulfbusiness.com/2014/12/jim-kouzes-makes-good-leader/ http://gulfbusiness.com/2014/12/jim-kouzes-makes-good-leader/#comments Sun, 21 Dec 2014 05:00:20 +0000 http://gulfbusiness.com/?p=59936 Jim Kouzes, co-author of the 'The Leadership Challenge', gives his insight into what makes a good buisness leader.

The post Jim Kouzes: What Makes A Good Leader? appeared first on Gulf Business.

]]>
http://gulfbusiness.com/2014/12/jim-kouzes-makes-good-leader/feed/ 0
Exclusive: Flydubai CEO On The Low Cost Airline’s Meteoric Rise http://gulfbusiness.com/2014/12/interview-flydubai-ceo-low-cost-champions-rise/ http://gulfbusiness.com/2014/12/interview-flydubai-ceo-low-cost-champions-rise/#comments Sun, 21 Dec 2014 04:40:29 +0000 http://gulfbusiness.com/?p=60075 Ghaith Al Ghaith describes how flydubai became the Middle East’s largest short-haul airline in just five years.

The post Exclusive: Flydubai CEO On The Low Cost Airline’s Meteoric Rise appeared first on Gulf Business.

]]>
http://gulfbusiness.com/2014/12/interview-flydubai-ceo-low-cost-champions-rise/feed/ 0
Egypt Charges Captain, Officer Of Kuwaiti Ship With Manslaughter http://gulfbusiness.com/2014/12/egypt-charges-captain-officer-kuwaiti-ship-manslaughter/ http://gulfbusiness.com/2014/12/egypt-charges-captain-officer-kuwaiti-ship-manslaughter/#comments Sun, 21 Dec 2014 04:34:28 +0000 http://gulfbusiness.com/?p=60143 The accident, which took place earlier this month, killed 25 Egyptian fishermen.

The post Egypt Charges Captain, Officer Of Kuwaiti Ship With Manslaughter appeared first on Gulf Business.

]]>
http://gulfbusiness.com/2014/12/egypt-charges-captain-officer-kuwaiti-ship-manslaughter/feed/ 0
Egypt’s Sisi Meets Qatari Envoy, Signalling Possible Detente http://gulfbusiness.com/2014/12/egypts-sisi-meets-qatari-envoy-signalling-possible-detente/ http://gulfbusiness.com/2014/12/egypts-sisi-meets-qatari-envoy-signalling-possible-detente/#comments Sun, 21 Dec 2014 04:29:18 +0000 http://gulfbusiness.com/?p=60140 Ties between Cairo and Doha deteriorated after Sisi removed the previous president Mohamed Mursi from power in July 2013 following mass protests against his rule.

The post Egypt’s Sisi Meets Qatari Envoy, Signalling Possible Detente appeared first on Gulf Business.

]]>
http://gulfbusiness.com/2014/12/egypts-sisi-meets-qatari-envoy-signalling-possible-detente/feed/ 0
Saudi Forces Kill Four Militants In Awamiya – Interior Ministry http://gulfbusiness.com/2014/12/saudi-forces-kill-four-militants-awamiya-interior-ministry/ http://gulfbusiness.com/2014/12/saudi-forces-kill-four-militants-awamiya-interior-ministry/#comments Sun, 21 Dec 2014 04:20:36 +0000 http://gulfbusiness.com/?p=60136 The dead were behind the killing of a member of the security forces and wounding of another last week, a ministry spokesman said.

The post Saudi Forces Kill Four Militants In Awamiya – Interior Ministry appeared first on Gulf Business.

]]>
http://gulfbusiness.com/2014/12/saudi-forces-kill-four-militants-awamiya-interior-ministry/feed/ 0
Bomb Blast In Bahraini Shi’ite Village Wounds Three Policemen http://gulfbusiness.com/2014/12/bomb-blast-bahraini-shiite-village-wounds-three-policemen/ http://gulfbusiness.com/2014/12/bomb-blast-bahraini-shiite-village-wounds-three-policemen/#comments Sun, 21 Dec 2014 04:15:32 +0000 http://gulfbusiness.com/?p=60133 The bomb explosion occurred in Bani Jamra, a Shi'ite village northwest of the capital Manama.

The post Bomb Blast In Bahraini Shi’ite Village Wounds Three Policemen appeared first on Gulf Business.

]]>
http://gulfbusiness.com/2014/12/bomb-blast-bahraini-shiite-village-wounds-three-policemen/feed/ 0