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Egypt, UAE Choose Army-Linked Company To Build Wheat Silos

The UAE pledged last October to build a total of 25 wheat silos with a storage capacity of 1.5 million tonnes to help prevent the loss of billions of dollars worth of wheat per year.

WHO Experts Find Hospital Breaches Worsened MERS Outbreak In UAE

A six-strong team from the WHO and the Global Outbreak Alert and Response Network were invited by the UAE to investigate MERS after an upsurge in cases there in April.

Global Airlines’ Summit Highlights Growing Power Of Gulf Carriers

Senior representatives of over 200 airlines attended the IATA meeting in Doha, making Qatar the first Gulf country to host the summit.

Global Destinations Eye High-Spending Gulf Travellers

Gulf travellers are among the most lucrative and high-yield tourists due to their lavish spending habits, industry experts.

UAE Banks Launch Mobile Wallet Programme

The first phase of the project will include putting in place mobile payments and a money transfer platform for smartphones.

Saudi Telecom Co And Landline Firm Atheeb Sign Network Deal

The so-called Indefeasible Rights of Use (IRU) agreement gives Atheeb access to 30,000 STC data connections for 15 years.

Saudi Study Strengthens Case Against Camels In MERS Outbreak

MERS has infected 691 people and killed at least 284 of them in Saudi Arabia alone since it first emerged in 2012.

Nakheel Partners German Firm To Launch New Dubai Real Estate Company

The Dubai developer has joined hands with Germany-based real estate brokerage company Engel and Völkers (E&V).

Saudi’s Shoura Council Seeks Probe Into Haramain Rail Project Delays

The project is now also costlier by $2 billion, according to the Saudi government.

Why Video Technology Is Set To Transform The Middle East

New applications of video technology will improve services in education, healthcare, and the government, says Tarek Ghoul, Cisco’s general manager for the Gulf and Levant.

Sony Xperia T3 Smartphone To Launch In UAE In July, Priced Dhs1799

Billed as being ‘ultra-slim’, Sony’s next generation Xperia comes in a stainless steel frame and weighs 148gms.

Abu Dhabi Economy Grows 5.2% In 2013, Slower Than Expected

The contribution of the hydrocarbon sector edged down to 51.4 per cent in 2013 from 52.4 per cent in 2012.

Drake & Scull Engineering Awarded Two Deals Worth Dhs259m

The deals were awarded by a consortium consisting of UAE contractors Arabtec, CCC and Drake & Scull Construction.

Top Egyptian TV Comic Says Show Pulled Off Air

Bassem Youssef’s show was alleged to have made fun of the recently concluded presidential elections in Egypt.

Bahrain Budget Gap Doubles In 2013, Spending Rise Lowest Since 2009

State spending rose by 2.8 per cent to BD3.4 billion in 2013, some 14 per cent below the budget plan.

Five Minutes With… Henrik Christiansen, Executive Director, Bukhatir Group

The UAE-based conglomerate is seeing a boom in the construction market, says Henrik Christiansen.

Dubai To Have Region’s Largest Entrepreneurship Centre

The centre, which will be launched in Q1 2015, will be within free zone technology park, Dubai Silicon Oasis.

Shipping Firms Shy Away From Iran Despite Deal To Ease Sanctions

An Iranian trade source said the country was relying more on its domestic shipping fleet or using land routes.

Top Scientists Warn WHO Not To Stub Out E-Cigarettes

Scientists argue that ‘e-cigarettes’ are part of the solution and not part of the problem in the fight against smoking.

With Sisi Voted President, Will Egypt See A Rise In GCC Investments?

The Gulf states have pledged billions of dollars worth of aid to Egypt since former President Mohamed Mursi’s ouster last year.

Qatar’s RasGas Signs Deal With E.ON To Supply LNG To The UK

The three-year contract has the potential to supply up to around two billion cubic meters over its term.

Officials Declare UAE Hospitals As MERS Free

Most of MERS cases in the UAE were found in Abu Dhabi and Al Ain, according to official reports.

Bahrain Plans IPO For Khalifa Bin Salman Port Operator

The listing aims to fulfill a contractual agreement made when the port opened in 2009.

Saudi’s CPC Acquires Egypt’s Sphinx Glass For $190m

The Jeddah headquartered company aims to increase Sphinx’s revenues to $63.2 million this year from $55 million in 2013.

Samsung May Unveil ‘Watch-Phone’ As Early As June

The new smartwatch will be able to make or receive calls without having to be tethered to a mobile phone, say reports.

UAE Woos Global Investors Seeking More FDI

As global foreign direct investments grow, the UAE is hoping to grab a significant portion.

Revealed: Seven Key Lessons For Brands

Companies need to learn from brand failures to avoid mistakes, according to brand research firm Millward Brown.

National Bank Of Abu Dhabi Granted Indian Licence – Report

An Indian lender will be granted a UAE licence in return, according to reports.

Saudi Arabia Approves $21bn Five-Year Education Plan

The plan includes building 1,500 nurseries and providing training for about 25,000 teachers.

Five Challenges For Modi’s New Indian Government

A large budget deficit and concerns that the El Nino could devastate agricultural output, require immediate attention.