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Flydubai Plans To Raise Ticket Prices In 2012

The low cost carrier is planning to hike ticket prices due to increasing fuel costs, said its CEO, Ghaith al-Ghaith.

RAK Plans $250m Tourism Push In 2012

The emirate is aggressively developing its hospitality sector and aims to attract 2.5 million visitors by 2015.

Marriott To Hire 12,000 Staff

Company plans 43 more hotels and 100 per cent more jobs in the next five years.

ENBD CIO Dugan Resigns

Gary Dugan will be joining Royal Bank of Scotland unit Coutts in Singapore, according to sources.

Saudi Firms Face Fines For Excess Expats

Private companies in Saudi who hire expatriates in excess over the number of Saudi employees will have to start paying penalties.

The GCC’s Top MBA Courses

Post-financial crisis, MBAs are in vogue in the Gulf. Which are the most popular courses and who is enrolling?

Kuwait’s Surplus Jumps 78%

The country’s current account surplus increased mainly because of a rise in exports.

A Winning Combination

Managing a company is all about building up team spirit, says Christophe Chenut, CEO of Lacoste.

Julius Baer: Europe Crisis “Behind Us”

The threat of a severe Europe crisis has passed, but more needs to be done to ease the situation, said Julius Baer.

Healthy, Wealthy And Wise

Regional investors are concentrating on healthcare and education, writes Ruth McKee, MENA Correspondent for wealthmonitor.

Vettel Wins Bahrain GP; Protesters Stay Away

High security kept trouble away from the track as Vettel stormed to victory.

Containing Iran

The latest round of sanctions have placed Iran under unprecedented pressure, but will they really work?

Abu Dhabi Sees 3.4m Passengers in Q1

Abu Dhabi International Airport saw 21.2 per cent increase in traffic year-on-year.

Turkey Rising

As Turkey looks to the GCC for investment, the country’s upwards trajectory is turning heads, writes Peter Shaw-Smith.

Gulf Tablets Set To Soar

Out of all handheld consumer technology, tablets have the most glittering future, say experts.

Experts Slam Buying Facebook ‘Likes’

Digital experts have slammed the practice of hiring fake users to ‘like’ a page.

Bahrain Grand Prix Doubts Persist

Despite officials confirming that the race is Bahrain is still on, many teams expect it to be called off amid security concerns, say reports.

Dubai Duty Free Picks Banks For Loan

The airport retailer has chosen Dubai Islamic Bank, HSBC and Emirates NBD to arrange its $1.1 billion loan facility.

GCC Produces Record Aluminium Supply

Annual production in the GCC could reach five million tonnes by 2014.

Formula One’s FIA Monitoring Bahrain

The International Automobile Federation (FIA) said that it was keeping a close watch on the escalating violence in Bahrain ahead of the grand prix on April 22.

UAE Oil Output Hit 2.7m bpd In March

The UAE oil production was reportedly at full capacity because of the rising demand.

A Digital Spark

The Arab Spring ignited the Gulf’s online passion and participation. And now, there’s no turning back.

New System To Protect Indian Contract Workers

The new process, jointly introduced by the UAE and India, aims to improve transparency in the recruitment of workers.

New $1bn Islamic Bank In Doha

Saudi Arabia’s Islamic Development Bank and Dallah Albaraka Group have signed an agreement with Qatar to set up the new bank.

NMC Raises $187m From IPO

The UAE-based healthcare provider listed its shares on the London Stock Exchange.

A Wing And A Prayer

Strata, Abu Dhabi’s aerospace parts manufacturer has become a worldwide name in just two years.

HSBC Buys Lloyds Assets In UAE

The acquisition includes the retail, commercial and corporate banking businesses of Lloyds in the country.

OPEC Output Rises In March

The oil supply from the OPEC nations in March this year increased to its highest level since October 2008.

Supply Offsets Iran: Brent Nears $124

Oil edges down as US crude stocks offset Iran fears.

DP World Profit Rises to $683 Million

The UAE-founded international ports company has cut its debts.