New Fujairah Grain Silos To Start Operating In Months

The silos will have the capacity to store up to 275,000 tonnes of grain.

Etisalat Fined For Blocking Du’s Promo Texts

The case comes ahead of the launch of mobile number portability next month.

UAE Announces Private Sector Holiday For National Day

Workers who have a one-day weekend will get Saturday, Nov 30 off, while those with a two-day weekend get a holiday on Sunday, Dec 1.

Mubadala, Guinea Sign $5bn Deal For Bauxite, Alumina Refinery

The refinery will have a capacity of two million tonnes per annum.

Dubai Holding Unit Mulls Sale Of German Packager Mauser

The deal is expected to be worth between 1 billion euros ($1.4 billion) and 1.5 billion, sources say.

Second Staybridge Suites Opening In Jeddah

Staybridge Suites Al Andalus Mall will target shop-loving Saudis

Petrofac-Daelim JV Wins $2.1bn Oman Contract

The three-year contract includes engineering, procurement, construction, start-up and commissioning services at a refinery in Sohar.

Dubai’s Ruler Approves 2014 Budget

Government spending next year is estimated to rise by 11 per cent year-on-year, with salaries and wages accounting for 37 per cent of the total.

Halal Products Not Only For Muslims – Expert

Saleh Lootah argued for a single global Halal standard at the Global Islamic Economy Summit.

Rising Tsunami Of Demand For Islamic Finance – Expert

Leaders from the Islamic finance world converged in Dubai for the Global Islamic Economy Summit.

Dubai Retailer MAF Says Egypt Supermarket Deal Talk Fails

MAF was in advanced negotiations to buy Mansour Group’s Metro chain and discount grocery store.

Saudi Electricity Signs SAR1.7bn Deal With GE

The deal will cover maintenance work on 12 gas units at new power plants in Riyadh.

UAE Welcomes Iran’s Nuclear Deal

As per the deal signed on Sunday, Iran will curb its nuclear programme in exchange for initial sanctions relief

72% Of Local Students Plan To Work In The UAE

Half of all transnational expatriates said they want to stay and work in the UAE.

UAE Pay-TV Network OSN Secures Five-Year $200m Facility

The proceeds of the facility will be used to further grow and strengthen its core business, said OSN.

UAE Minister Of Economy: No Risk Of Dubai Expo Bubble

Speaking exclusively to Gulf Business, Sultan Al Mansoori has said winning the World Expo bid will not cause another bubble.

CEOs With Strong CSR Record More Likely To Be Unethical

CEOs with a strong record of taking care of their stakeholders are more likely to break that record at a later date.

Wary Silence From Arabs Over Iran Deal

Under the deal, signed on Sunday, Iran is being given relief from sanctions in return for curbs to its nuclear programme.

Abraaj Group’s Senior Partner Stefanel Leaves Firm

Matteo Stefanel was head of special situations group, managed accounts and real estate at Dubai-based Abraaj.

US Shale Boom Could Impact GCC In Long-Term

The GCC’s oil and gas producers need to have innovative strategic plans as competition intensifies.

Etisalat Stalls $800m Pakistan Payment Over Property Dispute

An Etisalat consortium bought a 26 per cent stake in PTCL for $2.6 billion in 2005.

OSN Valued At $4.3bn Ahead Of Planned IPO

Private equity firms in the region are considering IPOs in overseas markets such as London as a potential exit route.

Mashreq Executive VP: The Changing Shape Of Retail Banking

Farhad Irani, EVP and head of retail banking group at the UAE’s Mashreq, spoke to Gulf Business on Mashreq’s performance in 2013 and the state of the banking market.

Oman Proposes Tax On Remittances As Budget Pressure Rises

The proposed tax would hit about 1.5 million migrant workers, most from south and southeast Asia.

Abu Dhabi Scraps 5% Rent Rise Cap

Prime residential rents for new leases in Abu Dhabi were flat in the second quarter of this year after growing eight per cent in Q1.

Iran, Six World Powers Clinch Breakthrough Nuclear Deal

The agreement between Iran and the United States, France, Germany, Britain, China and Russia was nailed down after more than four days of negotiations.

Preventing The Middle East’s Next Web Outage

Experts are working around the clock to prevent another cable cut disaster.

A New Type Of Industrial Revolution

Abu Dhabi is leveraging its aerospace sector to diversify the economy, says Badr S Al Olama, the CEO od Strata.

US-Arab Strains Hand Russia Chance To Regain Some Mideast Clout

There is a perception that America is an increasingly reluctant regional policeman.

How To Create Your Own Podcast

A recording application and a good quality microphone are essential tools says James Reynolds, founder of veravo.com and host of The Traffic Jam Podcast.