Animal Kingdom Wins $10 Million Dubai World Cup

Last year’s winner Monterosso, from the Dubai Godolphin stable, was pulled out of the race earlier in the day.

Saudi Arabia May Try To End Anonymity For Twitter Users

Access to the networking site may be restricted to people who register their identification documents, say reports.

Saudi Arabia To Allow Women’s Sports Clubs

Until now women’s exercise facilities have had to be licensed by the Health Ministry and designated as “health centres”.

Hayya Card holders can enter Qatar until January 2024

Qatari Investors To Buy 100% Of Printemps

Borletti and RREEF bought Printemps in 2006 from French luxury group PPR for 1.1 billion euros ($1.41 billion).

Rising Commodities Demand Is Changing The Way We Live

Big picture trends in commodities demand and political upheaval are transforming the way we live, says Mark McFarland, chief investment strategist, Emirates NBD Private Banking.

Dubai Gears Up For Next, More Modest Boom

Authorities expect a 50 per cent population growth by 2020 but financing issues are likely to moderate the boom.

Egypt: What Revolution?

Egypt’s stalled reforms and violent protests are endangering the country’s economic progress.

Will The Upcoming UAE Mortgage Law Slow Revival Of Dubai’s Property Market?

Richard Paul, head of residential valuation, Cluttons UAE and Paul Preston, director and head of Middle East, IP Global, lead the debate.

Five Minutes With… Vatche Keverian, CEO, JWT MENA

An indigenous Arab style of advertising is taking shape in the region, says JWT’s Keverian.

Le Méridien Hotels Middle East In $200m Upgrade

Hotel group Starwood announces huge renovation plans as well as 10 new hotels to open this year.

Kuwaiti Telco Wataniya Appoints New CEO

Abdulaziz Fakhroo replaces Bassam Hannoun becoming the telco’s third chief executive in less than a year.

Leeds Football Club Sell Stake To Bahrain Bank

International Investment Bank’s chief executive, Aabed Al-Zeera, will join the Leeds City Holdings Limited.

Qatar’s QInvest Plans Range Of Islamic Funds On New Platform

The investment bank plans to launch at least 30 Islamic funds over the next three years

Dubai Airport Now Ranks As World’s Second Busiest

Dubai International Airport is now second only to London Heathrow after passenger traffic rose 13 per cent to 10.6 million in the first two months of 2013.

Damac’s Paramount Pictures Development Sells Out

Phase one of the serviced apartments are all gone with phase two to go on sale in April.

UAE Central Bank Agrees On Mortgage Caps

The bank has given initial approval to a proposal by the country’s commercial banks on setting limits for residential mortgage loans.

UAE President Sheikh Khalifa To Visit The UK Next Month

This is the UAE’s first state visit to the United Kingdom since 1989.

Kuwait 10-Month Budget Surplus At $60.5bn

Robust oil income and lower-than-expected public spending boosted the surplus.

UAE Approves $400m Loan To Serbia, Eyes Airline Deal

Etihad airline may become a strategic partner of Belgrade’s loss-making JAT Airways.

The Coming Of Cyber World War I

Experts say looming IT attacks could be catastrophic for global business and even cost lives.

GCC Banks Continue To Outperform International Peers

The region’s biggest lenders reported single digit revenue and profit growth as well as a rise in loan loss provisions.

Oman Signs Oil, Gas Exploration Deal With US PetroTel

Under the agreement the company will explore for oil and natural gas in Blocks 39 and 67.

Dubai’s Deira City Centre Announces Dhs22m Redevelopment

New developments planned at the mall include easier Metro access and improved food court facilities.

Emirates-Qantas Deal Proves Dubai Airline Is “Big Power Broker”

The deal has just received conditional approval from Australia’s regulatory body.

Saudi Customs Thwart Big Fuel Smuggling Bid From Gulf Port

Smugglers were aiming to ship over 3,260 metric tonnes of refined petroleum products out of the country.

Arab Leaders Set Up $1bn Fund For Jerusalem

Qatar’s emir, Sheikh Hamad bin Khalifa Al-Thani, said his country will contribute $250 million to the fund.

Gold Holds Near $1,600, Upbeat US Data Dents Appeal

Gold is likely to remain in consolidation in the next few months, say experts.

Australian Regulator Gives Qantas-Emirates Alliance Conditional Approval

The Australian Competition and Consumer Commission said the airlines had to maintain at least their pre-alliance capacity on routes between Australia and New Zealand

Abercrombie & Fitch Joins Hollister In Dubai

The American fashion label will launch its first Middle East store in the emirate in 2014.

10 Facts About Dubai World Cup 2013

The world’s richest horse race will take place in Dubai on Saturday, March 30.