Middle East business & financial news | business directory & current events

Airport and aviation IT specialists display latest technology in Dubai

Audio: IT specialists, ARINC, at the Dubai Airport Show displayed some of the latest technology which enables a range of IT solutions and services for airport operators. Phil Blizzard talks to Tony Lynch, Regional Director, ARINC about some of the...
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What is next for global stock markets and what does this mean for...

Over the last month global stock markets have been the victim of risk-off sentiment that has embedded itself in price action, causing the Dubai Stock Exchange to sink around 9% in the last three months. Whilst a lot of the blame lies with Europe,...
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Excitor app divides smart phones for corporate and personal usage

The current trend for enterprises to allow 'Bring Your Own Device' (BYOD) into the corporate environment may see their IT infrastructure being susceptible to security issues. Phil Blizzard talks to Matt Irwin, UK Account Director, Excitor about...
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PPP in Egypt is stable says ministry official

Video: The economic climate is now right for the private sector to be involved in the numerous projects across all sectors says Bassel Shoriah, GM, Utilities % Transport Sector, PPP Central Unit, Ministry of Finance, Egypt. Talking to Phil...
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FX Weekly Report (25/05/2012): Eurozone data slows as markets wait for Greece elections

Currency markets were dragged lower against the safe haven US Dollar as the bearish themes failed to ease up and continued to plague the financial markets for another week. The lack of positive news flow from the Euro-zone, combined with weakening economic data saw the common currency drop 1.9% against the US Dollar, 1.1% against the British Pound and 1.2% against the Japanese Yen.

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Qatari financials help to lift market in Doha

The QE 20 Index advanced 0.32% to reach 8,490.12 points. Sunday was the day of the financial shares, as the majority of lenders and insurers posted...

Press Releases

MS&L rebrands as LeoComm for MENA region

Following 10 years of success in the Middle East, MS&L has embarked on a rebranding and...
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Business leaders at Global Intrapreneurship...

The Firm (TF), an international private members networking organization for business development...
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Barclays launches Mobile and Tablet Banking...

Barclays today announced the launch of its mobile and tablet banking service, providing its UAE...
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What is next for global stock markets and what does this mean for equities in the Middle East?

Over the last month global stock markets have been the victim of risk-off sentiment that has embedded itself in price action, causing the Dubai Stock Exchange to sink around 9% in the last three...

FX Weekly Report (25/05/2012): Eurozone data...

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Daily Updates

RIM plans global restructuring

Blackberry maker, RIM is preparing for a major global restructuring beginning in the next couple of weeks that will see it eliminate at least 2,000...

Press Releases

GCC companies are keeping up with their...

Virtualization has long been a global IT trend - and GCC companies are keeping up with their...
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Batelco awarded Cisco certification

Batelco, the Kingdom's integrated communications services provider, has been presented with Cisco...
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Du's CEO Forum 2012 with Chris Anderson...

CEOs and top business leaders from prominent businesses within the UAE attended Du's CEO Forum...
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Middle East telcos ready 'triple play' for voice, data, video services

Telecom operators in the Middle East are busy readying their networks for 'Triple Play' to provide voice, data and video services, without compromising on quality in order to meet new customer...

EMC launches 42 Hybrid Cloud-focused products...

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Saudi Arabia, Azerbaijan in energy exploration deal

Saudi-based Foroof International has signed a memorandum of understanding with the State Oil Company of Azerbaijan (SOCAR) for long term projects...

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UAE Uruk opens Taji Power Plant Project in Iraq

Iraq's future is a 168 megawatt brighter today as the Ministry of Electricity and the Emirati...
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Renaissance subsidiary Topaz successfully...

UAE-based Topaz Energy and Marine Ltd. (Topaz), a leading oilfield services multinational and a...
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Sheikh Ahmed bin Saeed receives the leaders of...

His Highness Sheikh Ahmed bin Saeed Al Maktoum, President of Dubai Civil Aviation and Chairman of...
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Deloitte: Oil and gas sector faces talent shortage

Surveyed oil and gas executives ranked managing human capital and expanding into new markets as top strategic concerns, according to a new report by Deloitte. Executives also found that a looming...

Middle East green economy, sustainable energy...

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Bahrain to ban outdoor summer work from July 1

Bahraini labour minister Jameel Humaidan has said a two-month ban on outdoor work during the hottest hours of the day is again to come into force...

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Sheikh Hisham Abdulrahman Al Khalifa officially...

Fontana Towers - luxurious living on the Juffair waterfront was officially opened for living by H...
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Deloitte Report: Major construction...

Despite grappling with challenges and delivery issues related to current projects, major...
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Plus Properties participates in Beirut...

"Plus Properties" and its affiliate "Plus Brokers" take part in Beirut International Property...
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Dubai villa lease rates rise for first time in three years

Villa rental prices in Dubai rose in the first quarter for the time in three years, according to a new report by real estate consulting CBRE.

Cityscape Abu Dhabi reveals opportunities in a...

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Airbus aims for 30 more A350 sales this year

Airbus has set a target to sell 30 more A350s this year, and is unconcerned by the order book plateau for the -800 and -1000 variants,...

Press Releases

Multiple entry UAE visa for cruise tourists...

The plan for a multiple entry UAE visa for cruise passengers, which has been under discussion for...
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Emirates Post partners with Sharjah Awqaf to...

Emirates Post Group has signed a Memorandum of Understanding with the General Secretariat of...
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Flydubai secures aircraft financing worth $172m

Flydubai, Dubai's innovative low-cost airline, has signed with Pembroke, a wholly owned...
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UAE's first Waldorf Astoria to open in 2013

The first Waldorf Astoria in the UAE will open in the first quarter of 2013 in Ras Al Khaimah, the project's developer has announced.

Gulf carriers lead air services push to Iraq

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Dubai forms commission to attract film makers

The government of Dubai has decided to set up the Dubai Film and TV Commission with the aim to increase local production and attract international...

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Press Releases

Lulua Publishing launches Good Health Arabia...

Dubai-based Lulua Publishing has launched Good Health Arabia, an Arabic language sister title to...
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Barbican chooses ILUO to take branding to the...

Following the successful revitalisation program of Rani brand in 2010, ILUO - design entity - is...
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'MBC Ventures' invests in start-ups related to...

MBC Group recently announced the establishment of 'MBC Ventures', investing in start-ups related...
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