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Source: BusinessInsider

Dubai :: United Arab Emirates | updated 2013-05-22 20:04:32 -0700 | business-news

A group of anonymous hackers sympathetic to the regime of Syria's President Bashar al-Assad is causing havoc with the world's media. They call themselves the Syrian Electronic Army , and they're devoted to attacking sites they deem defamatory to the...
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Source: Scoop

Dubai :: United Arab Emirates | updated 2013-05-22 18:31:45 -0700 | business-news

The additional Dubai-Colombo flight, EK 654, will depart Dubai at 0645 hrs and arrive in Colombo at 1245 hrs. The return flight, EK 655, will depart Colombo at 1410 hrs and arrive in Dubai at 1655 hrs.   The three new...
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Source: Khaleej Times

Dubai :: United Arab Emirates | updated 2013-05-22 22:09:46 -0700 | business-news

The latest editions of  the region's leading trade shows for the residential and commercial interior design sector have hosted over 30 free-to-attend Design Talks sessions covering interior design hot topics since the show opened on Monday. More talks focusing on...
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Source: Khaleej Times

Dubai :: United Arab Emirates | updated 2013-05-22 22:09:46 -0700 | business-news

UAE adds power to mobile broadband Issac John / 23 May 2013 The UAE on Wednesday took a critical initiative to stay ahead in broadband connectivity race by unveiling its band plan for 700MHz and the launch of spectrum in...
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Source: Khaleej Times

Dubai :: United Arab Emirates | updated 2013-05-22 22:09:46 -0700 | business-news

The war-torn country has recently revised its estimate of proven oil reserves from 115 billion barrels in 2011 to 141 billion barrels in 2013, is seeking strategic partnerships and investments to exploit its down-stream potential, which was destroyed by wars...
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Source: Zawya Regional

Dubai :: United Arab Emirates | updated 2013-05-23 00:58:42 -0700 | business-news

Damac Properties is launching sales on its latest serviced living project in the Burj Area of Dubai. Bay's Edge is a 22-storey tower, offering waterfront views across to the world's tallest tower. The 220 units are made up of studios,...
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Breaking News: Nissan Mideast sees slower sales
Source: Zawya Regional

Dubai :: United Arab Emirates | updated 2013-05-22 22:09:53 -0700 | business-news

Nissan Middle East has projected slower sales growth this year as compared to the previous year but more than the double the industry average growth rate. Addressing a press conference in Dubai today, Samir Cherfan, Managing Director of Nissan Middle...
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Source: Zawya Regional

Dubai :: United Arab Emirates | updated 2013-05-22 23:08:35 -0700 | business-news

Reuters/Jumana El-Heloueh Wednesday, May 22, 2013 Dubai: Accepting no excuse at all, the UAE Ministry of Economy will not approve price increase for any of food commodities from Thursday until the end of Ramadan, Dr Hashim Al Nuaimi, Director of...
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Source: Times of Oman

Dubai :: United Arab Emirates | updated 2013-05-22 22:07:09 -0700 | business-news

HR Excellence Awards in the 'HR Champion of Change' category, yesterday. Anvwar is the first Omani to receive this prestigious award from a private sector company in the Sultanate. The other two who received the awards were Qatar Petroleum and...
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Source: Qatar English Daily

Dubai :: United Arab Emirates | updated 2013-05-22 17:03:26 -0700 | business-news

The lure of sub-saharan Africa, with its geographic proximity and promise of higher returns, is tempting cash-rich Gulf Arab bond investors to look south, a marked departure from the relative comfort and familiarity of the Middle East.  Gulf investment in...
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Source: The Daily Star

Dubai :: United Arab Emirates | updated 2013-05-22 18:50:23 -0700 | business-news

Kuwaiti investors following the financial news at the Kuwait Stock Exchange on Tuesday, Dec. Kuwait's stock market boom could run out of steam if the government doesn't push ahead soon with long-delayed infrastructure projects aimed at diversifying the oil- reliant...
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Source: Zawya Market News

Dubai :: United Arab Emirates | updated 2013-05-23 01:07:58 -0700 | business-news

Lower selling from local retail investors was witnessed as the 20-stock Qatar Index (based on price data) rose 0.54% to 9,085.90 points. About 55% of the stocks extended gains with major movers being United Development Company ( UDC ), Barwa,...
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Source: BusinessInsider

Dubai :: United Arab Emirates | updated 2013-05-20 09:57:32 -0700 | business-news

Dubai's Burj Al Arab hotel, arguably the world's most luxurious hotel, just unveiled its newest luxury amenity : 24-carat gold iPads. When guests check in, they'll be given their own gold iPads, which will serve as a "virtual concierge" that...
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Source: Zawya Regional

Dubai :: United Arab Emirates | updated 2013-05-20 07:41:07 -0700 | business-news

Air Arabia , the low-cost carrier based in the United Arab Emirates, has signed a $350 million financing agreement to help buy 10 new aircraft from Airbus. The deal, signed with Qatar National Bank and Commercial Bank International, will support...
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Breaking News: Gulf wealth funds raising private equity investments
Source: The Economic Times

Dubai :: United Arab Emirates | updated 2013-05-20 13:51:31 -0700 | business-news

Sovereign wealth funds in the Gulf Arab region are raising their allocations to private equity investments at a faster rate than other types of investment, US fund manager Invesco says in a new study. "Contrary to popular perceptions these vast...
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