GCC’s Hospitality Industry Seeing Rise In Job Vacancies – Report

Job opportunities in the hospitality sector have increased due to the growing number of hotel projects in the region.

Facebook Expands Users’ Ad Targeting Profiles With Website Data

The move could further inflame concerns about how the social networking site treats personal privacy.

Exclusive: Abu Dhabi’s Etihad Plans To Buy 49% Stake In Alitalia – CEO

Etihad is looking to invest up to $1.7 billion in Alitalia over the next four years.

Yemenis Protest Over Power Cuts, Fuel Shortages

Sanaa’s two million residents have been forced to light their homes with candles or private generators, fuel for which is increasingly expensive.

Emirates’ Decision To Cancel A350 Order Will Be A “Blow” For Airbus

The Dubai carrier cancelled its entire order of 70 A350 XWB aircraft following a “fleet requirement review”.

Mobile Subscriptions In MEA Region To Reach 1.9bn In 2019

By 2019, 50 per cent of handset subscriptions in the Middle East and Africa will be for smartphones.

Airbus Says Emirates Cancels Order For 70 A350 Planes

Emirates placed the order for 50 A350-900 and 20 A350-1000 jets in 2007.

UAE Opens First Consulate In US

The opening of the consulate in LA comes amid strengthening commercial and trade ties between the two nations.

Alitalia Needs A Few Weeks To Close Etihad Deal – CEO

Gabriele del Torchio said Etihad was proposing to invest up to 560 million euros in Alitalia.

Emirates, Etihad Warn Of Flight Delays On Karachi Route

A terrorist attack killed at least 27 people in Karachi’s Jinnah airport on Sunday.

The Poor Long For Help As Egypt’s New President Is Sworn In

Abdel Fattah al-Sisi, sworn in as Egypt’s president on Sunday, is faced with fixing growing unemployment in the country.

Pakistan Sees Etisalat Resolving $799m Dispute Soon – Minister

Etisalat led a consortium that bought a 26 per cent stake in Pakistan Telecommunication for $2.6 billion, with $1.8 billion paid upfront.

MENA Advertisers Slow To Warm Up To Mobile Ads

Experts say that advertisers are yet to be convinced of users’ receptiveness to mobile ads.

Alitalia CEO Says Job Cuts From Etihad Tie-Up To Number 2,200

Alitalia and Etihad have been in talks since December, but a deal has so far proved elusive.

Sisi Sworn In As Egypt’s President

The former army chief won 97 per cent of the vote during last month’s presidential election.

Tech-Savvy Users To Drive Growth In GCC’s Travel Industry- Study

The ‘coming-of-age’ population will turn to mobile travel solutions and will plan, book and manage their options online, a study says.

Egypt, UAE Choose Army-Linked Company To Build Wheat Silos

The UAE pledged last October to build a total of 25 wheat silos with a storage capacity of 1.5 million tonnes to help prevent the loss of billions of dollars worth of wheat per year.

Qatari-Backed Plan To Redevelop London Site Gets Go-Ahead

The start of building had been delayed after the government intervened to consider how the project would affect views of the Houses of Parliament and Big Ben.

Egypt Implements Temporary Tax Increase For Wealthy

The tax will apply for three years, Egyptian state media reported.

Malaysia – The Foodie’s Paradise

Forget Kuala Lumpar. When it comes to city breaks, Penang is Malaysia’s crown jewel.

Global Destinations Eye High-Spending Gulf Travellers

Gulf travellers are among the most lucrative and high-yield tourists due to their lavish spending habits, industry experts.

Shortfall In Middle East Oil Investment Could Push Up Prices -IEA

A large part of the investment to increase output will need to come from the Middle East as a rise in non-OPEC production such as U.S. shale oil starts to lose steam in the mid-2020s.

Twitter In Talks To Buy Online Music Firm SoundCloud

Twitter’s renewed interest in music-streaming companies comes after Apple Inc acquired Beats for $3 billion.

Egyptian Tycoon Sawiris Backs $257m Bid For 20% Of EFG Hermes

EFG Hermes is one of the biggest investment banks in the Middle East.

Egypt Studying International Bond Issue

An official said that the bond issue would mainly be aimed at Gulf Arab investors.

UAE-based Just Falafel Opens First US Restaurant

The restaurant, located in San Francisco, is the first of 160 outlets planned across North America.

Assad Declared Landslide Victor In Wartime Syrian Election

Assad’s foes have ridiculed the election, saying no credible poll could be held in the midst of a conflict that has killed 160,000 people.

Dubai Islamic Bank Buys 25% Of Indonesia’s Bank Panin

The agreement with DIB was made official about two weeks ago, a senior official from the Indonesian bank has said.

Middle East E-Commerce Sales To Reach $15bn By 2015

E-commerce is booming but limited number of players in the industry and logistical challenges are hindering the sector’s growth.

Nakheel Partners German Firm To Launch New Dubai Real Estate Company

The Dubai developer has joined hands with Germany-based real estate brokerage company Engel and Völkers (E&V).