UAE Retailer Pure Gold Plans Dhs500m Expansion By 2020

The group hopes that the investment will create employment opportunities for around 1800 to 2000 people.

Cathay Pacific Moves Dubai Freighter Operations To DWC

The carrier said its 14 weekly passenger services will continue to operate through Dubai International.

UAE’s NBAD Steps Up Hiring Ahead Of Expected Expo Boom

National Bank of Abu Dhabi plans to add around 900 jobs to its current headcount of 6,500 next year.

Qatar Has No Plans To Issue Debt On International Markets In 2014

The country’s finance minister said that Qatar would focus on the local market.

UAE’s E-Commerce Industry Ranks 25th On Global Index

The UAE’s e-commerce industry has good growth potential and infrastructure but poor consumer behavior and market size.

Gulf Firms Consider Bid For Occidental MidEast Stake

Abu Dhabi’s Mubadala Development Co, Qatar Petroleum and Oman Oil Co have formed a consortium.

Kuwaiti Court Acquits 70 After Parliament Storming

Protesters, including nine former lawmakers, stormed parliament in 2011 demanding it should be sacked.

Exclusive Interview: UAE Business Magnate Khalaf Al Habtoor

In a rare interview, Al Habtoor reveals his plans for building one of the biggest destinations the UAE has ever seen.

Abu Dhabi May Need To Lower Industry Growth Target

The original target was for industry to contribute 19 per cent of the economy by 2020 and 24 per cent by 2030.

Kuwait Airways Signs Deal To Buy 25 Airbus Jets

The Kuwaiti carrier has placed an order for 10 A350-900 and 15 A320neo family aircraft.

UAE Federal Cabinet Discusses Education System Overhaul

A number of educational initiatives were announced and endorsed by the Cabinet.

Saudi Group Eyes Stake Sale In Petromin After Partner Buyout

Dabbagh Group is planning to sell a 19 per cent stake in its lubricant business, say sources.

Dubai Expo 2020 Needs $100m Solar Spending

Dubai has set itself a target to generate half the additional power needed to run the Expo from renewable resources.

Dubai Expo 2020: No Major Short-Term Impact On IT Sector

The UAE’s ICT sector could record additional growth of around one to two per cent because of Expo 2020, says IDC.

Kuwait Buys London Mayor’s Headquarters For $2.8bn

When completed formally next month, the sale will be one of the largest UK property deals ever.

Julius Baer Acquires Merrill Wealth Units in U.A.E, Bahrain

The Swiss wealth manager will gain a foothold in Beirut and Manama and strengthen its existing presence in Dubai.

Etihad Lays On First Class To India

New widebody and narrowbody services meet local traffic demand and boost connectivity.

Saudi’s Alkhabeer Buys Majority Stake In UAE Packaging Firm

Jeddah-based Alkhabeer Capital did not disclose financial details of its purchase into Dubai’s Express Group.

Dubai’s Non-Oil Foreign Trade Crosses Dhs1 Trillion In 2013

Dubai’s third quarter imports touched Dhs610 billion and have been instrumental in boosting the emirate’s trade.

Iran, Saudi Strategists Spar, Swap Ideas, Over Gulf Security

A meeting of military officers, diplomats and analysts took place during a security conference in Bahrain last weekend.

Abu Dhabi Targets Lucrative Indian Tourists

India was Abu Dhabi’s largest overseas source market for hotel guests in the first nine months of this year.

Gulf Air Starts Al Maktoum International Flights

DWC greets its first full service carrier as Gulf Air marks its first flight to the new airport

Abu Dhabi Awards Contract For New Road Project

The 62 kilometres-long project is expected to be completed within 30 months and will be built in phases.

Saudi Arabia Nov Output Steady, Pumps 9.745m Bpd

The Kingdom cut production in October after pumping at record rates of around 10 million bpd for three months.

Qatar Must Take Responsibility For Its Workers – Blatter

Blatter condemned Qatar’s working conditions in November, calling them ‘unacceptable’.

Dubai Index Climbs To Five-Year High On Real Estate

The DFM General Index advanced 0.6 per cent to 3,031.80, the highest since November 2008.

Samsung Launches New Galaxy Tablet For Kids

The Galaxy Tab 3 Kids, priced at Dhs899, comes with educational tools and safety features.

Dubai’s Holiday Homes Market To Impact Tourism, Real Estate

Holiday homes market will allow property owners to lease out on a periodic basis while broadening visitor accommodations.

Jumeirah Opening Muscat Resort in 2017

Luxury operator’s first Muscat property will provide resort competition to Shangri-La

Qatar Pushes For Gulf Arab Inclusion In Iran Talks

Qatari foreign minister Khaled al-Attiyah said the GCC deserved a place at the table as essential partners in regional stability.