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UAE workers will not receive additional day for New Year

Officials confirm that the holiday for New Year 2016, falling on a Friday, will not be transferred

Saudi Arabia announces military coalition of Islamic countries to fight terrorism

The Saudi-led coalition comes as Gulf countries play an increasingly active role in the region’s geopolitics

Top 100 Powerful Arabs 2015

Margaret Thatcher, Britain’s first female prime minister, famously said that if you have to tell…

Top 50 GCC Banks 2015

The GCC banking sector had a good year in 2014 with higher profit growth and…

The rise of UAE health insurance fraud

Health insurance fraud in the UAE is resulting in financial losses and higher premiums

Infection control in the Middle East – SABIC

How the materials used in hospitals can help fight infections

UAE firm Network International outsources tech support to Bangalore

New centre aimed at improving “overall efficiency” within organisation

New Filipino restaurant to open in Dubai

A survey found that less than 4 per cent of Filipino expats would pay up to Dhs 100 for a single meal

Gulf airlines’ standards ‘much better’ than international peers – Dubai Airports CEO

Emirates, Etihad and Qatar Airways are winning the global aviation race because of high standards rather than subsidies, says Paul Griffiths

UAE’s ADNOC Adds Upper Zakum Crude Delivery Point As Output Grows

The OPEC producer began storing the medium-sour crude onboard Aframax tanker Abu Dhabi III in mid-April, the sources said.

Orascom Offers 115 Of Shares In $185 Million IPO

The firm expects its new shares to start trading on the Egypt exchange between March 9 and March 11.

Greater Awareness Of Preventive Healthcare Needed In GCC: Experts

Experts called for a more holistic approach towards combating the GCC’s health challenges.

Masdar Begins Work On Solar Power Projects In The Pacific

The renewable energy firm will finish a project each Kiribati, Fiji, Tuvalu and Vanuatu by the end of 2015.

Etihad Unveils First A380, B787 And New Uniforms

Abu Dhabi airline’s first superjumbo and Dreamliner herald a fashionable new era

Qatar Petroleum Signs $1.4bn Contracts With GIS Unit

GDI, a subsidiary of Gulf International Services, will provide two new offshore rigs and two new land rigs, and extend four other contracts.

Five Minutes With… Jim Moaddab, COO, Caramel Group

Jim Moaddab, COO at F&B specialist Caramel Group gives his insight into the company’s expansion plans and the UAE restaurant market.

Qatar Falls, UAE Maintains Position In World Competitiveness Yearbook

Qatar dropped to 19th while the UAE maintained its 8th place in the IMD ranking.

Carlson Rezidor Hotel Group Announces New Luxury Hotel In Kuwait City

Three properties in Kuwait, London and Edinburgh join the group’s new luxury collection

Arabtec Launches New Training Arm, Appoints CEO

The new subsidiary specialises in the training of Emiratis across a variety of sectors.

Exclusive: Wealthy Russians Seek Second Citizenship To Beat Western Sanctions

Second citizenship expert says he has seen a significant jump in interest from Russian millionaires in the last month.

Wealthy Middle Easterners Make Up 60% of Second Citizenship Applicants

Europe was the most popular location for second citizenship applicants, due to its proximity to the Middle East, as well as security and investment benefits.

Omani Government Raises $530m From Sale Of 19% Of Omantel

The government’s holding in the operator will drop to 51 per cent following the completion of the second and final part of the share sale.

Rising Affordability And Lifestyle Related Diseases To Boost GCC Healthcare Market

Qatar and the UAE are expected to be the fastest growing GCC healthcare markets from 2013 to 2018, while Saudi Arabia will remain the largest.

Qatar Electricity And Water Q1 Net Profit Rises 49%

State-run utility’s net profit rises by nearly half in the three months to March 31.

Five Minutes With… Mark Preston, CEO And Executive Chairman, City Index

Having just opened the company’s first Middle Eastern office in Dubai via sister brand FX Solutions, Mark Preston, CEO and executive chairman of City Index, talks the local forex market, the impact of technology and the global investment climate.

Global Cruise Line Royal Caribbean To Reenter Gulf Market In 2015

The company will operate around 16 roundtrip cruises on a weekly basis from December 2015 to March 2016.

Banking Highlights In 2013: Mashreq

Digitalisation and regulation took centre stage in GCC banking in 2013, according to Farhad Irani, EVP and head of retail banking at Mashreq.

Emirates Starts A380 Mauritius Services

Emirates signs 10-year commercial co-operation with Air Mauritius as part of A380 access deal.

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.

Etihad Launching Belgrade Flights

Etihad aims to tap into growing UAE trade flows and connect Serbian diaspora in Australia and US.