Author: ARAB NEWSThu, 2017-07-27 22:24ID: 1501172788751509600DUBAI: Saudi Arabia’s lifting of quota on Hajj pilgrims has boosted the Makkah property market during the first half despite major infrastructure works on the Grand Mosque.Property…
- 10 mins ago, 27 Jul 17, 12:31pm -

Author: AFP, ReutersThu, 2017-07-27 12:18ID: 1501169806221213400LONDON: A Hong Kong firm is buying up a London skyscraper for £1.3 billion ($1.7 billion), the highest price ever paid for a single building in Britain, the property agents said on Th…
- 1 hour ago, 27 Jul 17, 11:38am -

Author: AFPThu, 2017-07-27 12:53ID: 1501169728571200200LONDON: Royal Dutch Shell on Thursday said net profit grew 31.5 percent to $1.545 billion in the second quarter from a year earlier, boosted by higher oil prices.“Shell’s strong results thi…
- 1 hour ago, 27 Jul 17, 11:36am -

Author: ReutersThu, 2017-07-27 14:53ID: 1501169610681189600NEW YORK: Twitter Inc. shares tumbled in premarket trading on Thursday after the social media platform reported weaker-than-expected growth in monthly active users in the second quarter.Ami…
- 1 hour ago, 27 Jul 17, 11:35am -

Author: ReutersThu, 2017-07-27 12:34ID: 1501169532191180500FRANKFURT: Growth in bank lending was unexpectedly weak in June, European Central Bank data showed on Thursday, a potentially worrying sign for policymakers even if a one-off factor may hav…
- 1 hour ago, 27 Jul 17, 11:33am -

Author: REUTERSThu, 2017-07-27 17:44ID: 1501155910719858700DUBAI: Abu Dhabi carrier Etihad Airways plunged to a $1.9 billion (SR7.13 billion) loss last year, hit by impairments on aircraft and investments in troubled European airlines.The loss,…
- 5 hours ago, 27 Jul 17, 7:49am -

Author: ARAB NEWSThu, 2017-07-27 17:11ID: 1501153945549714700DUBAI: Amazon has offered a 10 percent cash-back incentive, even on returned items, for customers in India who post orders via the retail giant’s online payment platform.The Amazon…
- 5 hours ago, 27 Jul 17, 7:15am -

Author: Sean CroninThu, 2017-07-27 03:00ID: 1501104129845030400LONDON: Abu Dhabi Global Market said it would open an arbitration center on Al Maryah Island by early 2018 as it seeks to establish an international financial hub in the UAE capital.It…
- 19 hours ago, 26 Jul 17, 5:22pm -

Author: Alicia BullerThu, 2017-07-27 03:00ID: 1501104129865030700LONDON: Petrofac shares rose by almost 2.5 percent on Wednesday afternoon after the oilfield services company said it had signed contracts worth more than $100m (£77m) in Iraq.It sec…
- 19 hours ago, 26 Jul 17, 5:22pm -

Author: Alicia BullerThu, 2017-07-27 03:00ID: 1501104129885031000LONDON: Dubai developer Nakheel reported on Wednesday a 22 percent decline in second quarter net profit, according to Reuters calculations.The real estate company behind Dubai meg…
- 19 hours ago, 26 Jul 17, 5:22pm -

Saudi Arabia’s minister for commerce and investment, Dr Majed Bin Abdullah Al Qasabi, is keen to revitalise the country’s FDI offering through its Vision 2030 programme. He tells Karen E Thuermer how initiatives such as a new entertainment…
- 42 days ago, 15 Jun 17, 7:01am -

A plethora of global problems has combined with oversupply to hit airlines in the Gulf region. What can they do to redeem their reputations? Mazdak Rafaty reports.
- 42 days ago, 15 Jun 17, 7:00am -

Saad Ali Shire, the foreign minister of 'de facto state' Somaliland, tells Timothy Conley about the difficulties of attracting investment to a country not recognised by the UN. However, deals with the likes of the UAE and Ethiopia, and FDI from Coca-…
- 42 days ago, 15 Jun 17, 7:00am -

Egypt has passed a new investment law following two years of negotiations, in the hope of cutting red tape. Natasha Turak reports.
- 51 days ago, 6 Jun 17, 10:48am -

While Hassan Rouhani was returned as Iranian president with a clear margin, he faces a tough job, as high unemployment persists and foreign relations remain volatile. Natasha Turak reports.
- 51 days ago, 6 Jun 17, 7:10am -

Introduction of VAT has put a question mark over the UAE’s status as a tax-free haven. Natasha Turak reports.
- 51 days ago, 6 Jun 17, 6:58am -

The Middle East and Africa region is united in its desire to strengthen the manufacturing sector, but ambitious initiatives such as Industry 4.0 must not neglect the majority of small businesses that need support in financing and connectivity, says M…
- 13 Apr 17, 7:00am -

Besides fulfilling the usual criteria of infrastructure, stability and expansion opportunities, Dubai’s DMCC Free Zone also offers investors a dispute resolution service as well as pioneering the use of electronic signatures to ease business pressu…
- 13 Apr 17, 7:00am -

China’s willingness to invest in mining in politically unstable, high-risk African countries could help the continent make the most of the slight rebound in commodity prices. Finbarr Toesland reports.
- 13 Apr 17, 7:00am -

Saudi Aramco has placed its debut riyal-denominated bond as part of efforts to raise $10bn in the debt market, paving the way for an IPO in 2018. Jacopo Dettoni reports.
- 13 Apr 17, 7:00am -

Decision offers chink of light for German lender after Q2 revenues disappoint
- 17 mins ago, 27 Jul 17, 12:24pm -

Chief David Taylor says results prove activist investor is not needed on the board
- 19 mins ago, 27 Jul 17, 12:22pm -

Online retail company founder worth $90.6bn after surge in company value beyond $500bn
- 43 mins ago, 27 Jul 17, 11:58am -

Social media company disappoints investors as user growth grinds to a halt at 328m
- 2 hours ago, 27 Jul 17, 10:47am -

Trump’s communications director says he and chief of staff Priebus are like Cain and Abel
- 3 hours ago, 27 Jul 17, 9:16am -

FCA head says scandal-tainted rate benchmark no longer fit for purpose
- 7 hours ago, 27 Jul 17, 5:33am -

Franco-German aerospace group struggles to win new orders for passenger jet
- 8 hours ago, 27 Jul 17, 4:58am -

Deployment aimed at testing China unlikely to take place before 2020
- 8 hours ago, 27 Jul 17, 4:31am -

Flagship lung cancer treatment failed to show benefits hoped for by pharmaceuticals group
- 9 hours ago, 27 Jul 17, 3:17am -

Industry body claims subscription lines used to flatter returns and trigger bonuses
- 13 hours ago, 27 Jul 17, 12:02am -

Millions of Russian tourists will no longer be soaking up the sun in Turkey and supermarkets across Russia will soon stop carrying Turkish produce after economic relations between the two countries further deteriorated on Monday. Russia prevented 1,2…
- 30 Nov 15, 3:29pm -

Russia continued to ratchet up sanctions against Turkey Monday, announcing a ban on the import of Turkish fruits and vegetables, the Wall Street Journal reported. As sharp words are exchanged between the two trading partners, other countries are alre…
- 30 Nov 15, 8:49am -

World leaders convene in France on Monday for the latest global conference on climate change, called COP21, in an attempt to forge the first legally binding climate agreement amid increasing urgency. Yet officials from some countries are worried that…
- 29 Nov 15, 10:22pm -

Turkey on Saturday issued a travel warning to its citizens, asking them to avoid all non-urgent travel to Russia, as diplomatic tension between the two countries escalates over the downing of a Russian jet by Turkey earlier this week.The Turkish…
- 28 Nov 15, 7:50am -

UPDATED 9:45 a.m. EST: Russia will suspend visa-free travel agreement with Turkey, Russian Foreign Minister Sergei Lavrov said Friday. The action takes effect Jan. 1, the BBC reported.
- 27 Nov 15, 1:24am -

Russia threatened economic retaliation against Turkey on Thursday and said it was still awaiting a reasonable explanation for the shooting down of its warplane, but Turkey dismissed the threats as "emotional" and "unfitting".In an escalating war of…
- 26 Nov 15, 1:34pm -

DUBAI, United Arab Emirates (Reuters) -- Speculation that Saudi Arabia could devalue its currency may owe more to a poor public-relations effort by Saudi authorities than to the economic pressures on the kingdom. Riyadh has the tools available to pro…
- 26 Nov 15, 10:29am -

One particular sentence spoken by the Russian foreign minister Tuesday has Turkish officials feeling particularly uneasy: “We do not recommend that our citizens travel to Turkey for tourism or any other reason,” Sergey Lavrov said. He was in So…
- 25 Nov 15, 9:21am -

Saudi Arabia and Angola both beat out Russia as the largest crude oil suppliers to China in October, Bloomberg reported Monday. The huge China market is one arena where the world’s suppliers continue to compete for share amid a global oil glut, a…
- 23 Nov 15, 8:33am -

European leaders are planning to crack down on the use of bitcoin, prepaid credit cards and other methods of anonymous payment in response to the Paris attacks last week, Reuters reported Thursday. It's part of a crisis plan that aims to dismantle…
- 19 Nov 15, 8:49am -

Not the best way to enhance tradeHAD Algeria and Morocco honoured their agreement back in 1989 to form an economic union, along with Tunisia, Libya and Mauritania, they would be among the Middle East’s largest economies. Their poor border regio…
- 2 hours ago, 27 Jul 17, 10:47am -

Incurable, but preventableIN A clearing close to the entrance of Kenya’s Meru National Park, a bronze statue of a buffalo can be seen standing on a plinth. Despite the best efforts of local elephants who occasionally mistake it for a real buffa…
- 2 hours ago, 27 Jul 17, 10:47am -

The more the merrierIN A police guesthouse somewhere in Israel, a retired naval captain is writing his explosive memoirs. Michael Ganor’s story will not dwell on his exploits on the high seas. It will talk of bribe-trousering generals and polit…
- 2 hours ago, 27 Jul 17, 10:47am -

STUBBORN and self-serving, Khalifa Haftar has long been seen as a spoiler of efforts to end the conflict in Libya. The forces under his command in the self-styled Libyan National Army (LNA) have mostly added to the chaos, not helped to resolve it.…
- 2 hours ago, 27 Jul 17, 10:47am -

THE first rule for public-relations firms is not to become the story. In South Africa Bell Pottinger, a British firm, has done just that. In May, e-mails between one of the firm’s employees and Duduzane Zuma, a son of President Jacob Zuma, were…
- 2 hours ago, 27 Jul 17, 10:47am -

FOR two years Ghanem al Masarir al-Dosari, a Saudi satirist, has fronted an online comic look at the news in a show called “Fadfada” (Natter), which pokes fun at his kingdom’s royal highnesses. He portrays the young crown prince and de facto…
- 7 days ago, 20 Jul 17, 10:44am -

IN CRISP white uniforms and standing to attention beneath a fluttering red flag with five golden stars, the sailors on board the People’s Liberation Army ships setting sail for Djibouti on July 11th represent a significant step for China. When t…
- 7 days ago, 20 Jul 17, 10:44am -

Osinbajo the loyalPOLITICS is the survival of the fittest, and Nigeria is no exception. “The Hyenas and the Jackals will soon be sent out of the kingdom,” the first lady, Aisha Buhari, wrote on Facebook on July 10th, in response to a senator…
- 7 days ago, 20 Jul 17, 10:44am -

WHEN a group of teenage boys scrawled “down with the regime” on their school wall they lit the powder that ignited Syria’s civil war. Ever since their torture at the hands of state-security agents in March 2011, the boys’ home city of Dera…
- 8 days ago, 19 Jul 17, 6:17am -

Not the real thingTHE traditional way is not always the most successful. Saudi Arabian border guards this month arrested a Sudanese man accused of smuggling more than half a million drug tablets into the kingdom from Jordan on the back of a camel…
- 9 days ago, 18 Jul 17, 10:35am -

Afghan President Ashraf Ghani faces growing opposition in his fragile unity government and Taliban insurgents are inflicting mounting casualties. But he says in an interview he is determined to stay focused on building the machinery of state in a cou…
- 2 days ago, 25 Jul 17, 11:01pm -

Israel began removing metal detectors from one of Jerusalem’s holiest sites, aiming to defuse tensions after their installation triggered widespread anger and protests among Palestinians and across the wider Arab world.
- 2 days ago, 25 Jul 17, 11:15am -

Afghan President Ashraf Ghani talked about the violence plaguing his country, preparations for upcoming elections and his effort to fight corruption in a recent interview with The Wall Street Journal.
- 2 days ago, 25 Jul 17, 10:00am -

The White House worked to defuse tensions between Israel and Jordan after an Israeli security guard at the country’s embassy compound in Amman shot and killed two Jordanians when one attacked the guard with a screwdriver.
- 2 days ago, 25 Jul 17, 4:27am -

Israel is installing additional cameras at Jerusalem’s Temple Mount after a weekend of bloodshed over the controversial issue of metal detectors.
- 3 days ago, 24 Jul 17, 2:46am -