Search Results for: "AD Ports"

Exclusive: Ooredoo Oman CEO On Being Nawras No More

Greg Young says the rebranding is crucial to the Omani telecom operator’s future success.

Lebanon Counts The Cost Of Conflict

The burden of supporting Syria’s displaced citizens has dampened business and investor confidence in Lebanon.

How Yemen’s Houthis Control Sanaa And Alarm The West

Widely seen as a failed state, Yemen remains one of the gravest threats to stability in the Gulf and beyond.

Emaar Launches Dubai Trolley, New Tram System In Downtown Dubai

The electric-powered hop-in-hop-off system, slated to begin operations in early 2015, will run for seven kilometers.

IRODS for SMEs – The Real Heroes of the Economy

Investment, risk, opportunity, diversification and sustainability are the key tenants of any SME business strategy, according to Sailesh Nathan, regional director SME Chamber of India.

Differences Persist Despite Unity Pledges At GCC’s “Happy Summit”

Differences still exist between the six GCC states over issues relating to Egypt, Libya and Iran.

Dubai Parks And Resorts Tumbles On Bourse Debut As Oil Prices Drop

The company building Dubai’s mega theme park complex saw its share prices fall nine per cent on Wednesday.

Revealed: Top 10 Most Followed UAE Twitter Accounts

News outlet Al Arabiya tops the list with over six million followers for its breaking news Twitter handle.

Dubai Developer Revives Port City Project With $183m Tower

Dubai’s Omniyat broke ground on a 225-unit tower in Dubai Maritime City on Tuesday, which the developer valued at Dhs600 million ($163 million).

UAE’s Mulk Holdings Invests $40m In Nigeria’s Shopping Centre

The duty free shopping centre, situated in Lagos, is scheduled to be completed by 2016.

Qatar Plans Chicken IPO In 2015 To Resolve Poultry Meat Shortage

A chicken farm backed by Qatari investors will have capacity to produce 45 million kgs of chicken meat by 2018.

Saudi Arabia Appoints Eight Ministers In Pre-Budget Reshuffle

The decree said the reshuffle was in preparation for the Kingdom’s 2015 budget, which is expected to be announced late this month.

Oil Drops $2 To Five-Year Low On Oversupply

US investment bank Morgan Stanley said oil prices could fall as low as $43 a barrel next year.

Iran To Hike Military Spending Despite Lower Oil Prices, Sanctions

Iran’s defence expenditure will rise 33.5 per cent to about 282 trillion rials, most of which will be assigned to the elite Revolutionary Guards.

US Defence Firm Lockheed Martin Opens New Innovation Centre In The UAE

The new innovation centre will help the industry to develop solutions that address challenges ranging from climate change to resource scarcity, and also help advance scientific discovery.

Special Report: Top 100 GCC Companies 2014

The Gulf’s largest companies by market capitalisation, revenues and countries, as researched by Markaz.

Merger Mania On Wall Street Will Have Far-Reaching Ramifications

Halliburton’s takeover bid for Baker Hughes will have an impact far beyond US shores, writes Matein Khalid, a global equities investor and advisor to regional family offices.

OPEC+meeting

News Of OPEC’s Demise Has Been Much Exaggerated

OPEC’s relevance exists even if it doesn’t announce ambitious production-cutting agreements, writes Reuters’ columnist John Kemp.

Will The Credit Bureau Ease UAE’s Personal Debt Troubles?

Credit reform is well underway in the UAE with the Al Etihad Credit Bureau becoming fully operational.

Video: Abu Dhabi Police Detain Suspect In Mall Murder

The suspect has been identified as a 38-year-old Emirati woman.

US Couple Leaves Qatar After Convictions Overturned In Child Death

The Huangs were arrested in January 2013 after an autopsy found their daughter died of dehydration and cachexia.

Stock News: Most Gulf Markets Dip; Saudi Blue Chips Rebound

Saudi Arabia’s index rose 0.7 per cent while other Gulf markets declined.

UAE’s Al Habtoor Group To Buy President Abraham Lincoln Hotel In US

The hotel will reportedly be owned by Al Habtoor Group but operated by Hilton Group, according to its current owner Steve Horve.

Dubai Developer Sobha Launches New International School In MBR City

The Hartland International School, the first educational venture by Sobha, is slated to open in September 2015.

Stock News: Most Gulf Markets Fall; Blue Chips Lift Saudi

Brent hit a high of $71.46 a barrel on Wednesday before giving up some gains and moving close to $71.

Qatar To See Boost In Mobile Internet Speeds As Ooredoo Launches 4G+

The network will deliver speeds of up to 225 Mbps, nearly double the average 4G speed in certain parts of Doha.

Qatar To Lift Travel Ban On US Couple In Child Death Case

US officials said that all the requirements have been met for Matthew and Grace Huang to leave the country.

Saudi Set For Tighter 2015 Budget After Oil Price Falls

The government gets about 90 per cent of its revenue from oil exports.

Asia Expects Big Saudi Price Cuts, But Producer May Deviate

Saudi Arabia cut prices for crude sold to Asia in four of the past five months, part of its strategy in a fight for market share against non-OPEC producers.

Oil Hits 5-Year Lows In Longest Losing Streak Since 2008 Crisis

Both U.S. crude and Brent have fallen for five straight months.