Gulf Business http://gulfbusiness.com Thu, 03 Sep 2015 05:48:51 +0000 en-US hourly 1 http://wordpress.org/?v=3.8.10 War prevents 13m children from attending school in MENA – UN http://gulfbusiness.com/2015/09/war-prevents-13m-children-attending-school-mena-un/ http://gulfbusiness.com/2015/09/war-prevents-13m-children-attending-school-mena-un/#comments Thu, 03 Sep 2015 04:45:25 +0000 http://gulfbusiness.com/?p=75439 Attacks on schools are one of the main reasons why many children cannot go to classes, a report by UNICEF said

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Saudi Arabia, U.S. near deal for two Lockheed warships http://gulfbusiness.com/2015/09/saudi-arabia-u-s-near-deal-two-lockheed-warships/ http://gulfbusiness.com/2015/09/saudi-arabia-u-s-near-deal-two-lockheed-warships/#comments Thu, 03 Sep 2015 04:22:10 +0000 http://gulfbusiness.com/?p=75434 The deal, valued at well over $1bn, could be reached by the end of this year

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Obama to assure Saudi king of US help to counter Iranian threat http://gulfbusiness.com/2015/09/obama-assure-saudi-king-us-help-counter-iranian-threat/ http://gulfbusiness.com/2015/09/obama-assure-saudi-king-us-help-counter-iranian-threat/#comments Thu, 03 Sep 2015 04:13:56 +0000 http://gulfbusiness.com/?p=75432 King Salman will meet Obama on Friday as part of his first US visit since ascending to the throne in January

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Saudi’s Mobily Ventures invests in Dubai-based logistics app Fetchr http://gulfbusiness.com/2015/09/saudis-mobily-ventures-invests-dubai-based-logistics-app-fetchr/ http://gulfbusiness.com/2015/09/saudis-mobily-ventures-invests-dubai-based-logistics-app-fetchr/#comments Wed, 02 Sep 2015 13:10:40 +0000 http://gulfbusiness.com/?p=75426 The app facilitates package pick-up and delivery via a phone’s GPS coordinates

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VOX Cinemas wins rights to operate 12-screen cineplex at Grand Hyatt http://gulfbusiness.com/2015/09/vox-cinemas-wins-rights-operate-12-screen-cineplex-grand-hyatt/ http://gulfbusiness.com/2015/09/vox-cinemas-wins-rights-operate-12-screen-cineplex-grand-hyatt/#comments Wed, 02 Sep 2015 13:00:57 +0000 http://gulfbusiness.com/?p=75421 The cineplex will be VOX Cinemas’ 12th outlet in the region and the third new location in the last four months

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Oil price slump to start affecting Saudi banks -S&P http://gulfbusiness.com/2015/09/oil-price-slump-start-affecting-saudi-banks-sp/ http://gulfbusiness.com/2015/09/oil-price-slump-start-affecting-saudi-banks-sp/#comments Wed, 02 Sep 2015 12:41:56 +0000 http://gulfbusiness.com/?p=75417 S&P said historical data suggested there was a clear link between non-performing loans and oil prices

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Dubai launches workshops to promote business opportunities for Expo 2020 http://gulfbusiness.com/2015/09/dubai-launches-workshops-promote-business-opportunities-expo-2020/ http://gulfbusiness.com/2015/09/dubai-launches-workshops-promote-business-opportunities-expo-2020/#comments Wed, 02 Sep 2015 10:45:56 +0000 http://gulfbusiness.com/?p=75415 The initiative will highlight steps taken to ensure transparency of the procurement process for Expo 2020

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Bahrain postpones plan to remove meat subsidies http://gulfbusiness.com/2015/09/bahrain-postpones-plan-remove-meat-subsidies/ http://gulfbusiness.com/2015/09/bahrain-postpones-plan-remove-meat-subsidies/#comments Wed, 02 Sep 2015 08:32:47 +0000 http://gulfbusiness.com/?p=75408 The plan, which had been due to take effect on September 1, will now be delayed until October on the orders of Bahrain's Prime Minister

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Dubai’s Jumeirah signs deal to manage $1bn tower in Business Bay http://gulfbusiness.com/2015/09/dubais-jumeirah-signs-deal-manage-1bn-tower-business-bay/ http://gulfbusiness.com/2015/09/dubais-jumeirah-signs-deal-manage-1bn-tower-business-bay/#comments Wed, 02 Sep 2015 08:15:38 +0000 http://gulfbusiness.com/?p=75397 The tower is expected to open in 2020

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Passenger traffic at Dubai International airport up 29.6% in July http://gulfbusiness.com/2015/09/passenger-traffic-dubai-international-airport-29-6-july/ http://gulfbusiness.com/2015/09/passenger-traffic-dubai-international-airport-29-6-july/#comments Wed, 02 Sep 2015 07:24:34 +0000 http://gulfbusiness.com/?p=75395 The emirate’s airport welcomed 6.68 million passengers during the month

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Marka to launch Australian plus-sized fashion brand City Chic in UAE http://gulfbusiness.com/2015/09/marka-launch-australian-plus-sized-fashion-brand-city-chic-uae/ http://gulfbusiness.com/2015/09/marka-launch-australian-plus-sized-fashion-brand-city-chic-uae/#comments Wed, 02 Sep 2015 06:40:00 +0000 http://gulfbusiness.com/?p=75384 Retailer Marka plans to open three City Chic stores in the UAE before the end of 2015

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Kuwait charges 26 for smuggling weapons from Iran http://gulfbusiness.com/2015/09/kuwait-charges-26-smuggling-weapons-iran/ http://gulfbusiness.com/2015/09/kuwait-charges-26-smuggling-weapons-iran/#comments Wed, 02 Sep 2015 06:19:58 +0000 http://gulfbusiness.com/?p=75374 The arrests come after the country uncovered a weapons cache that was allegedly smuggled from Iran

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UAE’s Arabtec says no progress on mega Egypt housing project http://gulfbusiness.com/2015/09/uaes-arabtec-says-progress-mega-egypt-housing-project/ http://gulfbusiness.com/2015/09/uaes-arabtec-says-progress-mega-egypt-housing-project/#comments Wed, 02 Sep 2015 05:23:41 +0000 http://gulfbusiness.com/?p=75367 The company announced over a year ago that it had agreed in principle with the Egyptian government to build one million homes in the country

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UAE real estate market feels pinch of low oil prices – Cluttons http://gulfbusiness.com/2015/09/uae-real-estate-market-feels-pinch-low-oil-prices-cluttons/ http://gulfbusiness.com/2015/09/uae-real-estate-market-feels-pinch-low-oil-prices-cluttons/#comments Wed, 02 Sep 2015 05:19:09 +0000 http://gulfbusiness.com/?p=75364 Dubai, Abu Dhabi and Sharjah recorded a drop in property values as oil prices slumped by over 50 per cent in the last 12 months

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Differentiation, disruption and data http://gulfbusiness.com/2015/09/differentiation-disruption-data/ http://gulfbusiness.com/2015/09/differentiation-disruption-data/#comments Wed, 02 Sep 2015 05:00:48 +0000 http://gulfbusiness.com/?p=75328 By 2025, $100bn per year will be spent on ecommerce in the Gulf, what will your company do to get a piece?

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Oil prices continue to drop as US oil inventory surges http://gulfbusiness.com/2015/09/oil-prices-continue-drop-us-oil-inventory-surges/ http://gulfbusiness.com/2015/09/oil-prices-continue-drop-us-oil-inventory-surges/#comments Wed, 02 Sep 2015 04:21:55 +0000 http://gulfbusiness.com/?p=75362 Oil prices dropped to their lowest level in over six years last week

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UAE, UN to jointly host global manufacturing summit in Abu Dhabi http://gulfbusiness.com/2015/09/uae-un-jointly-host-global-manufacturing-summit-abu-dhabi/ http://gulfbusiness.com/2015/09/uae-un-jointly-host-global-manufacturing-summit-abu-dhabi/#comments Tue, 01 Sep 2015 15:44:39 +0000 http://gulfbusiness.com/?p=75359 The inaugural summit will be held in the second half of next year

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Saudi Aramco fire caused by electrical short circuit, officials confirm http://gulfbusiness.com/2015/09/saudi-aramco-fire-caused-electrical-short-circuit-officials-confirm/ http://gulfbusiness.com/2015/09/saudi-aramco-fire-caused-electrical-short-circuit-officials-confirm/#comments Tue, 01 Sep 2015 13:51:12 +0000 http://gulfbusiness.com/?p=75346 The blaze, which happened earlier this week, killed 10 people and injured more than 200

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Dubai’s DIC sells alumina products maker Almatis http://gulfbusiness.com/2015/09/dubais-dic-sells-alumina-products-maker-almatis/ http://gulfbusiness.com/2015/09/dubais-dic-sells-alumina-products-maker-almatis/#comments Tue, 01 Sep 2015 12:46:59 +0000 http://gulfbusiness.com/?p=75330 The deal is the latest divestment by the Dubai government-owned group to repay its debts

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Dubai’s Nshama launches prime residential apartments at Town Square project http://gulfbusiness.com/2015/09/dubais-nshama-launches-prime-residential-apartments-town-square-project/ http://gulfbusiness.com/2015/09/dubais-nshama-launches-prime-residential-apartments-town-square-project/#comments Tue, 01 Sep 2015 11:53:07 +0000 http://gulfbusiness.com/?p=75314 The units will be located at the main square of the project alongside a retail precinct and a hotel

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