$1.1bn Bahrain airport expansion launched

<p>Bahrain has launched a $1.1-billion project to expand its international airport and increase its capacity to accommodate 14 million passengers a year.HRH Prime Minister Prince Khalifa bin Salman Al Khalifa last month laid the foundation stone for the new state-of-the-art building, in the presence of HRH Prince Salman bin Hamad Al Khalifa, the Crown Prince, Deputy Supreme Commander and First Deputy Prime Minister.</p>.... Read more »

Posted on : 3/1/2016


Iran must privatise car industry, president says

<p>Iran's car industry must be privatised to meet the government's goal of turning it into a global competitor, the president said on Tuesday, sending a strong signal of his intention to open up the country's economy to world markets. </p>.... Read more »

Posted on : 3/1/2016


Higher Organising Committee of AIM 2016 calls for larger Kazakhstani presence at the three-day global event

UAE investments in Kazakhstan jumps over AED 2 billion. Kazakhstan underscores the importance of the UAE participation at forthcoming Expo Astana 2017. .... Read more »

Posted on : 2/29/2016


US property is top overseas pick for UAE investors

The US, UK, Australia, Singapore and Germany are the top five destinations for UAE residents looking to invest in property overseas, according to a YouGov survey commissioned by IP Global..... Read more »

Posted on : 2/24/2016


Dubai ranked best city for expats in Middle East and Africa

For the fourth time in a row, Dubai has emerged as the best place to live for expatriates in Middle East and Africa, according to an annual global survey on quality living..... Read more »

Posted on : 2/24/2016


Flydubai is the world's fastest growing airline

While announcing its fourth consecutive year of profitability in February 2016, flydubai has managed to weather many an economic storm - especially when you consider regional GCC issues in places such as Iraq, Egypt, Syria, Lebanon and Libya among others..... Read more »

Posted on : 2/23/2016


Dubai's developers push ahead with high-profile launches

Dubai: Dubai’s developers are certainly not letting the soft market conditions get in the way of planned launches..... Read more »

Posted on : 2/22/2016


Gulfood 2016 kicks off in Dubai

Gulfood 2016, a major food and hospitality trade event in the region, kicked off at the Dubai World Trade Centre (DWTC) on Sunday..... Read more »

Posted on : 2/22/2016


Kuwait signs oil export deal with Asian firm

<p>Kuwait has signed an export deal of 100,000 bpd with a major Asian company, with an expected potential annual return of US$2bn</p> <p>Nabil Bouresli, managing director of international marketing at Kuwait Petroleum Corporation (KPC), said, “The contract is one of the important strategic agreements that reinforces Kuwait’s position as a main oil supplier in the Asian markets.” </p>.... Read more »

Posted on : 2/21/2016


Dubai hub to boost realty growth

Dubai and Abu Dhabi will continue to be the regional business and innovation hubs and keep attracting human capital from across the world, helping their realty sectors with a constant demand and impetus to keep on building, said Bayut.com in a report..... Read more »

Posted on : 2/20/2016