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UAE. With a 54% decline in the price of oil prices during the past 12 months the United Arab Emirates (UAE) real estate market is now beginning to feel the effect with property transaction levels falling across Abu Dhabi, Dubai and Sharjah, according to the latest research from international real estate consultancy, Cluttons. Cluttons’ annual 2015 UAE Property Report reveals that the direct correlation between hydrocarbon revenues […]

UAE.  Management in the Gulf need to take more risks and develop staff to think creatively, according to a new global innovation survey designed to help companies stop wasting their best ideas and flushing hundreds of billions of dollars down the drain. Announced in Abu Dhabi today by PA Consulting Group, the report highlights an overwhelming view that leadership of organisations in the UAE, Saudi Arabia and […]

ABU DHABI // More than 2,000 pupils at the 21st Century Private Academy are still waiting for classes to begin while their school remains closed four days into the new academic year. On what was to be the first day of class on Sunday, several parents visited the Filipino school and were told by an assistant principal that classes were tentatively scheduled to resume in October. “We […]

ABU DHABI // In three days, the country’s philanthropists have donated Dh40.8 million for the devastated families of Yemen. On Sunday the Emirates Red Crescent (ERC) launched its Yemen: We Care, or Relief for Yemen, fund-raising appeal to help millions of Yemenis suffering in the conflict. The campaign is a part of the UAE’s pledge to help nearly 10 million people affected by the crisis in Yemen. […]

ABU DHABI // “Open your doors Sesame, we are the children.” Sung in Arabic, this opening line from a much-loved children’s TV show still stirs up feelings of nostalgia for many people in the UAE and across the region. Now, after a 25-year hiatus, Iftah Ya Simsim, the Arabic adaptation of Sesame Street, is back in production and set to broadcast its first new episode this weekend […]

ABU DHABI // Yemenis who were injured in their country’s conflict have recovered after receiving treatment in the UAE. The 36 Yemenis have flown home. They were among a group of 100 injured who were brought to the UAE with the cooperation of the Emirates Red Crescent and the Armed Forces. The remaining patients are still undergoing treatment, including surgery in some cases. A team from the […]

ABU DHABI // Emiratis have shown their philanthropic spirit by pledging to support a campaign to rebuild Yemen. At the weekend, the Emirates Red Crescent launched its Yemen: We Care – or Relief for Yemen – fund-raising appeal to help millions of Yemenis suffering in the conflict. Fahad bin Sultan, deputy secretary general of the ERC, urged the public to help out as aid was desperately needed. […]

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DUBAI // An Emirati woman was killed and four others injured in an accident on Emirates Road on Saturday. Dubai Police said one vehicle flipped over after colliding with another car. The crash happened around 6pm near the Al Rawiya bridge towards Abu Dhabi. The woman was not driving, but was accompanied by her personal driver, police added. It remains unclear who was travelling in which vehicle. […]

FUJAIRAH // Bookworms on the east coast are no longer lost for words with the launch of a book fair that runs until the end of the year. Residents have complained about a lack of specialist shops stocking multi-language books, with avid readers forced to buy online or make the long journey to stores in Sharjah or Dubai. The fair, held at Lulu Mall in Fujairah City, […]

DUBAI // It’s hot and sticky outside, and it’s going to stay that way for the rest of the weekend. The weather bureau forecast 90 per cent humidity at night, expected to soar to 100 per cent in the event of fog, and the temperature reached 50.2°C in Sweihan in Abu Dhabi yesterday. The spike in humidity was by a change in the wind direction, with the […]

INTERNATIONAL. OPEC next gathers December 4 in Vienna, just over a year since Saudi Oil Minister Ali Al-Naimi announced at the previous OPEC winter meeting the Saudi decision to let the oil market determine oil prices rather than to continue Saudi Arabia’s role of guarantor of $100+/bbl oil. Despite the intense financial and economic pain this decision has inflicted on Saudi Arabia, its fellow OPEC members, and […]

ABU DHABI // A company’s success lies in its diversity, the chief of Xerox told an audience at the Crown Pince’s Court ahead of Emirati Women’s Day. It is crucial for society to remove obstacles in the workforce that impede women, said Ursula Burns, chairman and CEO of Xerox. “Diversity is a driver of innovation. Gender, race and background give an eye to the world. Organisations succeed […]

ABU DHABI // A safety system that makes sure all pupils are accounted for has been installed on hundreds of school buses. Emirates Transport and Abu Dhabi Education Council said 1,300 vehicles had been fitted with the system, which counts the number of children getting on and off. It requires the driver to check each seat and triggers an alarm if anyone remains onboard. The new technology […]

UAE. The MENA Region is all set to become a global logistics hub in the next few years, an Al Masah Capital Limited Report on “Transportation & Logistics in MENA” has revealed, which experts believe will be driven by the emergence of the MENA-Asia trade corridor that will redefine global supply chains. Notably in 2013, India and China ranked as top merchandise export and import destinations for MENA […]

ABU DHABI // Women who have overcome prejudice to pursue successful careers in the aviation industry have spoken of the challenges they faced. The Etihad Airways event, organised ahead of Emirati Women’s Day on Friday, heard from a panel of women who work for the company. The airline employs 1,269 female Emiratis, who make up 49 per cent of Emiratis in the company and 37 per cent […]

ABU DHABI // Candidates for the Federal National Council have told of their reasons for stepping forward, as the objection process for the elections began on Monday. Sheikh Musallam Salem bin Ham Al Ameri said the people of his emirate had asked him to nominate himself. “The idea was crossing my mind, but when the people asked me to run I was happy to,” said Sheikh Al […]

|By Matein Khalid| Geopolitics is now another source of risk for the Turkish lira, government debt and Istanbul equities. The Turkish air force is bombing Daish in Syria and the secessionist Kurdish PKK party in northern Iraq. Suicide bombings have killed Turkish citizens in eastern Anatolian cities on the Syrian border. Ankara has given the US a green light to launch military airstrikes from the Incerlik air […]

ABU DHABI // School campuses are “buzzing with excitement” as thousands of teachers begin preparations for the new term on Sunday. The Abu Dhabi Education Council said about 15,000 staff in 255 government schools return to work on Sunday, a week before pupils arrive for the new academic year. Dr Amal Al Qubaisi, Adec’s director-general, urged staff to make the best of the coming week by taking […]

King Salman Al Saud of Saudi Arabia on Thursday received Sheikh Mohammed bin Rashid, Prime Minister and Ruler of Dubai and Sheikh Mohammed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces at his Moroccan residence in Tangier. During the meeting, they discussed the fraternal relations between the UAE and Saudi Arabia as well as reviewing regional events. This entry passed […]

DUBAI // Drivers are sharing cars, using public transport and even moving house in response to this month’s increase in petrol prices, a survey suggests. Nearly one in five would consider car pooling or using school buses, and nearly a quarter would use public transport more often. One in five intend to reduce their commute by moving to a home closer to work or to public transport […]

The UAE’s gross domestic electricity consumption has more than doubled over the past 10 years, and is expected to grow even more rapidly over the next five years as the country undergoes substantial population and economic growth, according to a recent study. The study by management consultancy Strategy&, formerly Booz & Company, revealed that energy usage in the UAE has grown at an annual average of four […]

UAE. The UAE’s gross domestic electricity consumption has more than doubled over the past 10 years, and is expected to grow even more rapidly over the next five years as the country undergoes substantial population and economic growth, according to a study by management consultancy Strategy&, formerly Booz & Company. The study reveals that energy usage in the UAE has grown at an annual average of 4% […]

RIYADH // President Abdrabu Mansur Hadi has commended the UAE’s contributions in Yemen and praised the level of relations between the countries. The Yemeni leader said his meeting with Sheikh Mohammed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, during his recent visit to the UAE had “widened the horizons of the distinguished relations between the two countries”. Mr Hadi […]

ABU DHABI // Parents need to know more about childhood development to determine the difference between normal behaviour and problems such as attention deficit hyperactivity disorder, say medical experts. ADHD is believed to affect about 9 per cent of children around the world. In 60 per cent of the cases, the disorder continues into adulthood, affecting people’s personal and professional lives. The problem is often characterised by […]

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