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CEO Predictions 2014: Tim Clark, President, Emirates

2014 will see the launch of more new routes and further aircraft delivery for Dubai airline Emirates, writes Tim Clark.

Dubai Starts Work On Huge Resort On The World Islands

The “Heart of Europe” project, a complex of luxury hotels and villas, is expected to be completed by the end of 2016.

Nakheel Chairman: No Increase In Sales Prices In 2014

The Dubai developer is maintaining sales prices at the same level as last year, confirms chairman Ali Rashid Lootah.

UAE Plans Renewable Energy Projects In Five Pacific Nations

Fiji, Kiribati, Samoa, Tuvalu and Vanuatu will receive grants from the UAE’s $50m renewable energy fund.

CEO Predictions 2014: Elie Khouri, CEO, Omnicom Media Group MENA

A rising GDP, growing digital usage and sports fever will drive the region’s advertising market in 2014.

UAE Introduces Compulsory Military Service For Men

All Emirati males between ages 18 and 30 will be required to serve in the military while it is optional for women

OPEC Outages Cut Its Oil Output To Below 2014 Demand

OPEC sees fast growth in 2014 of 3.5 per cent, up from 2.9 per cent in 2013 as monetary stimulus continues.

UAE To Attract $14.4bn FDI In 2014

The UAE attracted FDIs worth $12 billion in 2013 owing to increased government spending and resurgence in some service sectors.

Jaguar Land Rover MENA Up 46% In Record Year

Land Rover sales in the region were up 49 per cent on the previous year while Jaguar saw a rise of 30 per cent.

Qatar Holding Deal Maker Fakhroo Leaves For Govt-Linked Role

Aziz Aluthman Fakhroo, a Qatari national and a director at the fund’s mergers and acquisitions team, left late last year.

Middle East Faces Oil Challenges From Shale And Within – BP

Middle East energy use will grow by 77 per cent by 2035, double the increase in production.

UAE Salmon Farms: A Big Catch

An Abu Dhabi company plans to bring the region’s first ever salmon farm to the capital.

US, Gulf Arab States Pledge $1bn In Fresh Syria Aid

An international donor conference in Kuwait is intended to help the UN reach a $6.5 billion aid target.

Nakheel Launches New Plots For Sale At Jumeirah Village Circle

Prices start at Dhs10 million and the plots can be used for residential, hotel or commercial development.

Dubai Duty Free To Launch Online Shopping

Executive vice chairman Colm McLoughlin said the company will focus on the new Al Maktoum International airport.

Saudia Restarts Jeddah-Manchester Route

The airline will resume services to Manchester after a seven-year gap and will fly thrice a week.

Asian workers take a break at Friday Market in Kuwait City

Saudi Arabia Signs Labour Deal With Sri Lanka

The deal provides Sri Lankan domestic workers in the Kingdom the right to retain their travel documents.

Online Banking Users Warned About New Threat

A new malicious Trojan called Neverquest is designed to steals usernames and passwords to online bank accounts, says Kaspersky.

Godolphin Door Permanently Shut For Tainted Trainer, Zarooni

The British Horseracing Authority (BHA) banned Zarooni for eight years after finding him guilty of administering anabolic steroids.

GCC Mulls Common Water, Power Policy

Authorities are looking to reduce power and water consumption rates in the GCC, which are the highest in the world.

Qatar: More Than Just A Gas Nation?

With a new leader at the helm and the emirate’s gas boom coming to an end, can Qatar maintain its economic and political momentum?

Dr Nasser Saidi: Iran’s New Direction

The founder and president of Nasser Saidi & Associates explains why détente with Iran is a game changer.

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Building Sustainable Capital Positions

Increased liquidity is a requirement for competing in a global arena and meeting Basel III regulations.

DME Targets Asia Sales Growth In 2014

Dubai Mercantile Exchange CEO, Christopher Fix, is looking to establish DME Oman as the price benchmark for Middle East crude heading East

Rolls-Royce Middle East Up 17% – Another Record Year

Torsten Müller-Ötvös, CEO, praises Middle East dealers and the region’s discerning customers.

Dubai’s Victory Heights Project Completed

Victory Heights handed over 75 per cent of its phase one villas in 2010 as Dubai recovered from a property crash.

Revealed: 10 Biggest Controversies In 2013

From classified information leaks to human rights abuse allegations, 2013 saw its fair share of controversies.

Controversy Over FIFA Comments On Qatar 2022 World Cup Timing

FIFA backtracks on comments made by secretary general Jerome Valcke that the 2022 World Cup in Qatar would not be played in the summer.

Hiring For Expo 2020 To Begin By 2016

Construction, banking, travel and hospitality are sectors that will witness a rise in hiring activity.

Dubai Chamber To Open New Office In Iraqi Kurdistan In 2014

Iraq holds significant potential for Dubai businesses, says Hamad Buamim, president and CEO of Dubai Chamber of Commerce and Industry.