Search Results for: "AD Ports"

Saudi’s tourism industry banks on niche market for growth

As other regional economies target the mass market, Saudi Arabia is banking on religious travellers and staycationers to grow its tourism industry

Car review: Porsche Boxster Spyder – a go-kart for grown ups

The Porsche Boxster Spyder is best suited as a track day car or weekend mountain warrior

Abu Dhabi airport passenger traffic up 18% in nine months of 2015

The airport saw the steepest growth in passenger traffic from the US routes, with a 44 per cent surge in travellers

Emirates Global Aluminium in talks for $5bn loan to refinance debt – sources

The company is seeking funds to refinance loans taken for the Emal projects, sources said

Dubai airport passenger traffic up 8.2% in September

The airport’s traffic during the first nine months of 2015 rose 12 per cent to around 58.7 million passengers

UAE ranked first in MENA for ease of doing business – World Bank

The UAE increased its global ranking by one spot to reach 31 among 189 countries

International Olympic Committee bans Kuwait over govt interference

Kuwait was also banned in 2010 over a similar dispute but was reinstated before the 2012 London Olympics

Emirates to operate one-off A380 flight to Sao Paulo

The flight will mark Emirates’ eighth year of operations in Brazil

Germany defends export of tanks to Qatar, says arms will not be used in Yemen

The shipment is controversial because Berlin is seeking to de-escalate tensions in the Middle East

Saudi’s automotive ambitions grow

Saudi Arabia is planning to become the region’s car manufacturing hub

UAE’s National Food Products Co eyes $1.5bn stake sale – sources

The company markets brands including Milco, Lacnor and Oasis bottled water

Russia overtakes Saudi Arabia for second time in China crude supply

China bought 983,590 bpd from Russia last month, up 42 per cent year-on-year, while imports from Saudi were down 16.5 per cent at 961,710 bpd

Low oil prices continue to hurt GCC economies, more subsidy reforms expected– Moody’s

The agency has downgraded its oil price forecast and expects brent to average $53 per barrel in 2016 and $60 in 2017

Live: Updates from Gitex 2015

All the news and views from the region’s biggest ICT event

Exclusive: Dubai Duty Free’s Colm McLoughlin on building a successful business

Having been in his post since 1984, executive vice chairman Colm McLoughlin talks about the leadership and innovation necessary to create an efficient business operation

Dubai’s property market slows, but developers remain upbeat

Although Dubai’s real estate market has been sliding, the emirate has seen several new launches

UAE job market to gain full momentum in 2017

Opportunities in the lead up to Expo 2020 will result in large-scale job creation, says expert

Saudi Arabia targets Russia in battle for European oil market

Russia has for years been muscling in on Asian markets where Saudi Arabia was once the unchallenged dominant supplier

Arab coalition slowing aid efforts in Yemen – U.S. Navy report

The Arab coalition denied the allegation and said it was keen for ships to take in relief

Dubai names Harbin, ACWA preferred bidders for clean coal plant

The 1,200 megawatt power plant is the first phase of the Hassyan clean coal project

Aldar launches phase two sales at West Yas villa development

Abu Dhabi developer says sold 300 luxury villas within the project in first phase

Siemens wins new service contract at Dubai International airport

The company will provide operation and maintenance services for baggage and material handling systems

Lufthansa launches premium economy on Gulf flights

New lounge earmarked to open at Concourse D and Eurowings gears up for December launch

Refugee crisis, oil price slump to hit Middle East’s economic growth – IMF

Export earnings of oil producing countries in the Middle East and North Africa region fell by $360bn in 2015

GCC states wrest strategic Yemen island from Iran-allied group

Local tribesmen are fighting alongside Gulf forces to “liberate” the home turf whose strategic value has long captivated foreign powers

UAE passport is ‘most powerful’ in the Middle East – report

Following a visa-waiver agreement with EU, Emirati citizens can now travel to 113 countries without a visa

Saudi Arabia seeks 715,000 tonnes of hard wheat in tender

The tender deadline is Friday, October 9 with shipment sought between December and February

UAE minister calls for Dhs 3.5bn cuts to energy spending

Residents told to stop ‘squandering’ water and electricity

Dubai’s Al Maktoum airport to see prep work next year for Emirates’ move

Dubai carrier Emirates plans to move its operations to the new terminal at Dubai South when it completes expansion

Two killed in bank robbery attack in Saudi Arabia

A gunman stormed into one of the branches of Al Rajhi bank, reportedly to rob the bank, and opened fire on customers and employees