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Arabtec, Man City in sponsorship deal
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out of 5
(3)
Arabtec Holding today signed an agreement with Manchester City Football Club, which will establish Arabtec as a regional sponsor of the Premier League Champions for three years. The club, which won its second Premier League title in three years la
Qatar unveils labour reforms; Kafala to go
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Qatar has unveiled plans for labour reforms after persistent criticism from rights groups over its treatment of workers, but it set no timetable and the changes would still leave employees without a minimum wage or trade unions. Qatar has the high
Bahrain residential project in big demand
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A new residential project being developed by a unit of Bahrain-based RM Kooheji Sons, in Juffair area of the kingdom is the latest sign of renewed momentum in real estate activity in Bahrain. RMK Projects, a division of RM Kooheji Sons, yesterda
Project Qatar 2014 ends amid major new JVs
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A number of business partnerships between local and international companies were announced during Project Qatar 2014, the 11th edition of the construction, technology and building materials exhibition that concluded today (May 15) in Doha. Two exc
Alcatel-Lucent launches new deskphone in UAE
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The Enterprise division of Alcatel-Lucent is today introducing a new range of premium deskphones, available with IP or digital technologies in the United Arab Emirates. According to a statement, the new deskphones come with several ergonomic enhan
Northern emirates offer cost haven in booming UAE
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By Martin Dokoupil When French wine and cognac bottle maker Saverglass decided to expand three years ago, it chose a relatively remote, less affluent location in the United Arab Emirates for its plant rather than the business hubs of Dubai and Abu D
Dubai gold refinery to alter global balance of power
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By Andrew Torchia In the desert on the outskirts of Dubai, one of the world's biggest gold refineries is under construction. When completed next year, it will help to alter the balance of power in the global gold industry. Growth in demand for th
Get ready for GCC construction boom
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Over the last year the optimism within the GCC construction market has risen considerably as $70 billion worth of construction projects were completed in 2013 and the figure is predicted to rise this year. Residential developments accounted for ju
Taiwan Halal Integrity Development Association (THIDA)
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Taiwan Halal Integrity Development Association (THIDA) The current world Muslim population has been estimated to be 1.5 to 1.6 billions, or 1 out of 4 persons in the world is a Muslim. It is estimated that the Muslim market is worth 800 billio
Tuning industry riding high on rising luxury car sales
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Tuning industry riding high on rising luxury car sales Three-day tuning show opens in Sharjah, features exciting activities for petrol-heads Sharjah, 13 March 2014 The UAE is set to emerge as the regional hub for auto tuning and customisati
GCC to introduce EU-style visa in 2014
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The GCC is planning to introduce an European-style Schengen visa by the first half of 2014 that will enable the Gulf-based expats and foreign businessmen to move easily across the borders of the member states, said a report. The GCC interior minis
Air Arabia eyes more Bahrain flights
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By Avinash Saxena Sharjah-based budget carrier Air Arabia is keen on increasing its flights to Bahrain, the airline's launch destination, said a top official. Air Arabia group chief executive Adel Ali feels it is unfair that the airline has not yet
Qatar Petroleum unit set for $880m IPO
4
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State-owned energy firm Qatar Petroleum is set to launch an initial public offer (IPO) of shares in one of its units Mesaieed Petrochemical Holding, which could be worth around QR3.2 billion ($880 million), said a report. The company is likely to
Al-Futtaim in deal to set up giant Morocco mall
4
out of 5
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Dubai-based Al-Futtaim group, a leading diversified conglomerate operating through 100 companies across 30 markets, said it has signed a joint venture agreement with a tripartite consortium with Moroccan and Portuguese entities to drive the developme
MAF to develop $466m super mall in Muscat
4
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UAE-based Majid Al Futtaim Properties, a major developer of shopping malls, has announced a RO180 million ($466 million) investment to build a super mall in Muscat, which will be Omans largest shopping and entertainment destination. The announceme
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