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InterContinental Hotels Group announces new signings as well as openings across its MEA brand portfolio at the UAE’s Arabian Travel Market and Arabian Hotel Investment Conference 24 April 2017 Dubai, United Arab Emirates – InterContinental Hotels Group® (IHG), one of the world’s leading global hotel companies, announced four new hotel signings as well as six new hotel openings across the GCC in 2017 at the Arabian Travel […]

World

By Stephanie Nebehay | GENEVA GENEVA Aid agency Oxfam called on donor nations on Monday to step up life-saving assistance to millions of civilians in Yemen facing starvation and disease, rather than providing arms to fuel the deepening conflict. “Many areas of Yemen are on the brink of famine, and the cause of such extreme starvation is political,” the British charity said on the eve of a […]

Arts & Culture

Browse the International Prize for Arabic Fiction’s website, and you will see that one of its main aims remains unchanged from when it was launched 10 years ago: “To encourage the translation of Arabic literature into other languages.” The subtext here was that Ipaf hoped it might discover an Arabic-language literary star who might be spoken of in the same hallowed terms as, say, Japanese writer Haruki […]

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Arts & Culture

The UAE has a Minister of Happiness. It also has a happiness rating, and for three years running has been the highest-ranked Arab country on the global Happiness Index, an annual list compiled by the Sustainable Development Solutions Network, under the General Secretariat of the United Nations. It also ranks 21st globally. A recent YouGov survey revealed that more than three-quarters of new arrivals in the UAE […]

Middle East

Egyptian President Abdel Fattah al-Sisi received a royal welcome from King Salman as he landed Sunday in Saudi Arabia for a visit to boost ties after months of tension. Salman, surrounded by key Saudi officials, greeted Sisi as he stepped off the plane in the capital Riyadh and hosted him for lunch, the official Saudi Press Agency said. The Egyptian presidency announced the visit in a statement […]

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Newsbox

Photo King Salman of Saudi Arabia at the 28th Ordinary Summit of the Arab League at the Dead Sea last month. King Salman rescinded a 20 percent cut to ministers’ salaries and promoted two of his sons. Credit Mohammad Hamed/Reuters BEIRUT, Lebanon — King Salman of Saudi Arabia rescinded salary cuts for ministers and restored financial perks for public sector workers in a series of royal decrees […]

Middle East

Saudi Arabia and Oman will lead the GCC’s multi-billion dollar investments in cultural tourism, with a series of projects to develop new world-class attractions, according to a new report.  The research, compiled by Colliers International, said Saudi Arabia is ready to invest up to $2 billion – one of the highest commitments of any government to cultural tourism in the region – with a number of projects […]

Middle East

Family businesses in the GCC region face serious challenges in a highly competitive modern-day business environment, according to a new report. Orient Planet Research’s study said key issues such as corporate governance and succession continue to stalk family-led enterprises in the region. According to the report, governance, financial and succession concerns are turning into challenges due primarily to the force of globalisation, the rising number of family […]

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Middle East

Oman’s new low-cost carrier, SalamAir, has announced the launch of flights to Saudi Arabia with plans to also start services to Pakistan. Flights to Saudi Arabia started this week with return ticket prices starting at OR89, with Oman’s first budget airline flying daily to Jeddah’s King Abdulaziz International Airport. The carrier said in a statement that it also plans to start operations to the Saudi holy city […]

Middle East

Two Saudis were among a mainly Qatari hunting party freed after a 16-month hostage ordeal in Iraq, Saudi media reported on Saturday. The 26 hunters, initially believed to all be Qataris, were flown to Doha on Friday after being handed over to Iraqi authorities. Jeddah-based newspaper Okaz named the two Saudis as Salem bin Abdulhadi al-Merri and Mohammed Abdullah al-Merri and said they were expected to be […]

Middle East

ABU DHABI // The UAE on Saturday welcomed the release of a mainly Qatari hunting party freed after a 16-month hostage ordeal in Iraq, saying such terrorism “feeds on chaos and instability”. “The Ministry of Foreign Affairs and International Cooperation congratulates the brotherly state of Qatar and expresses relief that their ordeal is over,” Dr Anwar bin Mohammed Gargash, Minister of State for Foreign Affairs said, according […]

Politics

DOHA: US Defense Secretary Jim Mattis met Qatar’s emir on Saturday during a visit to the oil-rich Gulf state, home to the largest US air base in the Middle East.The visit to Doha is part of a regional tour that has included stops in Saudi Arabia, Egypt and Israel. Mattis is scheduled to visit Djibouti on Sunday.The Pentagon chief’s meeting with Emir Sheikh Tamim bin Hamad Al-Thani […]

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Middle East

ABU DHABI // National Service recruits and volunteers have come away from military training with greater discipline, patience, appreciation for those serving in the Armed Forces, and life-long friends. After months of physical and technical training at Armed Forces’ National Service centres across the country, Emirati conscripts said the time in service had had a profound effect on their physiques, attitude and outlook. Hadi Al Badi, a […]

Newsbox

The three cases are part of a campaign by Saudi women, who have been broadcasting daring videos with their cellphones, using Facebook to organize street protests and posting Twitter messages to challenge the very idea of male supremacy in their famously patriarchal society. Continue reading the main story The campaign, started by a loose network of activists who have enlisted young, media-savvy women, has gone far beyond […]

Markets

Oil producers are moving closer towards agreement on extending the Opec-led deal to limit output, Saudi Arabia’s energy minister said on Thursday, as the cartel battles excess stockpiles and a resurgent US shale industry that have weighed on prices. Khalid al-Falih said the deal could be run for another three to six months beyond the end of June. Under the terms of the existing accord, Opec members […]

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Middle East

Three Lines Shipping, a UAE-based transportation and logistics company, is looking for an investor to help boost its regional expansion and grow its brand, CEO Rafeeq KK has said. An investment of between $15-20 million is expected for a majority stake depending on the type of investor, he said in a statement. TLS said it is looking for an investor with good understanding of the business and […]

Middle East

ABU DHABI // Etihad Airways will donate one dirham from every flight ticket sold in the UAE this year towards the UAE’s Year of Giving causes, the airline announced yesterday. The move is one of many initiatives by Etihad Aviation Group, including free cargo space for humanitarian causes. Each month, the airline will donate proceeds to Emirates Red Crescent’s local and international projects, including For Your Sake, […]

FT Select

April 21, 2017 by: Anjli Raval, Oil and Gas Correspondent Oil was set for the biggest weekly drop in a month as market confidence in Opec’s ability to overpower a resurgent US shale industry wavered. US benchmark West Texas Intermediate fell below $50 a barrel on Friday — down $1.32 to $49.39 — by 6.45pm in London. The global Brent marker dropped $1.24 to $51.75 a barrel. […]

Politics

DOHA: Qatari citizens held hostage in Iraq by unidentified gunmen since 2015 have been freed and handed over to the Iraqi interior ministry, Qatar-based al-Jazeera reported on Friday.The satellite channel gave no further details on the release of the hostages, who were seized by gunmen in December 2015 while on a hunting trip near the border with Saudi Arabia.An Iraqi security official later said Iraq would hand […]

Middle East

Dubai-based retailer Marka has announced that it is opening the first Reem Al Bawadi outlet in Abu Dhabi as part of its ongoing expansion plans for its flagship brand. The new restaurant brings Reem Al Bawadi to Dalma Mall and will offer a total capacity of 243 covers, with 111 seats inside and 132 seats outside. The venue, which will open this spring, also features a TV […]

Middle East

ABU DHABI // Sheikh Mohammed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, held bilateral talks with Russian president Vladimir Putin in Moscow on Thursday to discuss efforts to bring about an end to conflicts in the region as well as increasing security cooperation and economic ties. The UAE is Russia’s closest partner in the GCC, and Moscow has […]

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