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· Initiative co-founded by Facebook, Intel, Nokia, SK Telecom, Deutsche Telekom and others · Collaboration across the industry in driving and innovating the development of high-quality, scalable and more affordable telecom infrastructure to bridge the digital divide 06 March 2017 Barcelona, Kuwait City – During last week’s Mobile World Congress in Barcelona, Zain Group, the leading mobile telecom innovator in eight markets across the Middle East […]

· Initiative co-founded by Facebook, Intel, Nokia, SK Telecom, Deutsche Telekom and others · Collaboration across the industry in driving and innovating the development of high-quality, scalable and more affordable telecom infrastructure to bridge the digital divide 06 March 2017 Barcelona, Kuwait City – During last week’s Mobile World Congress in Barcelona, Zain Group, the leading mobile telecom innovator in eight markets across the Middle East […]

DUBAI, United Arab Emirates — Bahrain’s Parliament approved a constitutional change on Sunday that will allow military courts to try civilians, the kingdom’s latest move in a mounting crackdown on dissent. Activists warned that the amendment would in effect place the island under an undeclared state of martial law. Loyalists to Bahrain’s monarchy called the change necessary to combat terrorism, and pointed to sporadic low-level unrest since […]

DUBAI Suspected U.S. drones fired missiles at al Qaeda targets in two separate attacks in Yemen on Monday, residents said, extending several days of U.S. strikes against the militants. Residents said an air strike hit the home of an al Qaeda suspect in the village of Noufan in central al-Bayda province, and another struck a mountainous area believed to house a training camp in al-Saeed in southern […]

· Tasdeer showcased 20 Qatari food and beverage sector companies at Dubai World Trade Center from 26 February – 2 March 2017 · Food and beverage industry valued at more than USD $5 trillion globally, according to estimates · Expo attracted key businessmen, decision-makers and investors from agri-food industry from across the world 05 March 2017· Tasdeer showcased 20 Qatari food and beverage sector companies […]

Nearly 70 percent of employers in the UAE are planning to hire new staff in the next 12 months, according to the latest Middle East Job Index Survey. Compiled by Bayt.com and YouGov, the survey results showed that within the next three months, more than half of UAE employers (52 percent) said that they are “definitely” or “probably” going to hire. Among UAE companies that plan to […]

By Ernest Scheyder | HOUSTON HOUSTON The biggest names in the oil world come together this week for the largest industry gathering since the end of a two-year price war that pitted Middle East exporters against the firms that drove the shale energy revolution in the United States. When OPEC in November joined with several non-OPEC producers to agree to a historic cut in output, the group […]

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Qatar Airways has confirmed plans to launch services to Yanbu and Tabuk in Saudi Arabia with three-weekly flights beginning in May and June respectively. The additional destinations take Qatar Airways’ total network connectivity within the Gulf kingdom to 10 destinations, the airline said in a statement. Qatar Airways Group chief executive Akbar Al Baker said: “We have been steadily growing our presence and services to Saudi Arabia […]

Bahrain said on Saturday it had uncovered a 54-member Iranian-linked militant group suspected of involvement in attacks on security forces, including organising a prison break in January, and seized automatic weapons. It was one of the biggest security operations against suspected militants Bahrain blames for an increase in armed attacks on security forces in the Western-allied kingdom, where the US Fifth Fleet is based. Tensions have been […]

Saudi Arabia has the most hotel rooms under construction in the Middle East and North Africa, according to STR’s January 2017 Pipeline Report. The hospitality analysts said the Gulf kingdom has a total of 36,742 in 85 projects in the pipeline, ahead of the UAE which has 28,898 rooms in 99 projects. The report also said Qatar 8,462 rooms in 34 projects out of a regional total […]

Yemen, one of the poorest countries in the Arab world, has been convulsed by civil strife for more than two years. In the west, Houthi rebels ousted the government of President Abdu Rabbu Mansour Hadi, the United States’ main counterterrorism partner in the country, and have been fighting a Saudi-led coalition of mostly Sunni Arab countries that back Mr. Hadi. Continue reading the main story In the […]

Three GCC-based retailers have been named in a new list of the world’s top 250, with the UAE’s Emke Group ranked the Middle East’s biggest. Emke, which runs the Lulu chain on hypermarkets and earlier this month announces major expansion plans in Saudi Arabia, posted sales revenue of $6.2 billion. Dubai mall operator Majid Al Futtaim saw revenue of $6 billion while Saudi-based food firm Savola posted […]

The National staff ABU DHABI // About 1,650 people have been given a range of medical assistance in Tanzania as part of the UAE’s Zayed Giving humanitarian drive. Children and elderly people were treated by the UAE’s team of medical volunteers. The initiative was carried out under the supervision of the UAE-Tanzanian voluntary medical team. The Zayed Giving convoys have now completed the first phase of its […]

There was no mistaking the arrival of King Salman Abdulaziz Al-Saud of Saudi Arabia and his entourage in Malaysia on Sunday morning. Traffic stood still for 30 minutes as we waited for the 600-strong royal party to make their way from the airport to the centre of Kuala Lumpur — a near-endless stream of limos, lorries, outliers and ambulances, sirens screaming. This is King Salman’s first trip […]

Via Michael Snyder of The End of The American Dream blog, If current trends continue, Islam is on track to become the largest religion in the entire world by the end of this century according a stunning new report that was just released by the Pew Research Center. While it is true that Christianity is still growing on a global basis, it is not growing nearly as […]

Saudi Arabia’s main sovereign wealth fund Public Investment Fund (PIF) is looking at taking minority stakes in German technology and financial companies, although any deal is unlikely before 2018, the kingdom’s ambassador to Germany said. Such a move would mirror other Gulf state funds from Dubai, Qatar and Kuwait, which have taken minority stakes in German companies including Daimler, Deutsche Bank and Volkswagen, although Ambassador Awwad Al-Awwad […]

GENEVA Syria’s warring sides both claimed U.N. peace talks in Geneva were going their way on Thursday, but the chief government negotiator and Syria’s ally Russia accused the main opposition delegation of trying to wreck the talks. Syrian government negotiator Bashar al-Ja’afari told reporters that he had discussed “substantive issues, particularly counter-terrorism” with U.N. mediator Staffan de Mistura, and would continue on Friday. The government delegation has […]

Uber’s US rival Lyft is seeking $500m in a new fundraising round to provide fresh ammunition as the transportation company takes its fight with Uber to a growing number of US cities, according to two people close to the process. The fundraising comes at a time when Uber has been struggling with a series of public relations crises, including allegations of sexual harassment and a video of […]

GENEVA Syrian government negotiator Bashar al-Ja’afari accused the Saudi-backed opposition on Thursday of holding peace talks hostage because of their reported refusal to unify under one opposition delegation and include terrorism on agenda. “We heard that… the Riyadh platform refused the inclusion… of counter-terrorism,” Ja’afari told reporters after meeting U.N. envoy Staffan de Mistura. “This did not come as a surprise because some members of the Riyadh […]

Oman’s government has given itself breathing space from the pressure of financing a large budget deficit by selling $5 billion of international bonds, almost completing its entire foreign borrowing plan for 2017 in a single issue. Wednesday’s bond sale, in tranches of five, 10 and 30 years, was about double the size that most investors had expected and a huge amount for a country which returned to […]

By Kanupriya Kapoor | JAKARTA JAKARTA Saudi Arabia’s King Salman has embraced the “selfie”, taking part in a number of light-hearted self-shot pictures and videos during his tour of Asia that contrast with the pomp and formality of most of the octogenarian monarch’s trips abroad. In the first days of a lengthy regional tour, the king has appeared with top-ranking officials in Indonesia and Malaysia in pictures […]

ADEN: Two US drone strikes killed at least four suspected Al-Qaeda members in southern Yemen on Thursday, security officials said, barely a month after a controversial US commando raid against the jihadists.The first strike targeted the home of a known Al-Qaeda member in the Yashbum Valley in Shabwa province, a provincial security official told AFP.Four suspected militants who had been standing outside the house were killed, he […]

Middle East fund managers have turned more bullish towards Saudi Arabian equities on hopes that corporate earnings may finally have bottomed out after a slide due to low oil prices, a monthly Reuters poll found. The poll of 13 leading fund managers, conducted over the past week, also found they had become very bearish on Qatari and Egyptian shares. The poll found 62 percent of managers expect […]

Photo King Salman of Saudi Arabia, center, arriving at the presidential palace in Bogor, Indonesia, on Wednesday. Credit Achmad Ibrahim/Agence France-Presse — Getty Images LONDON — You could call it bling diplomacy. As part of a monthlong tour in Asia to promote economic ties, King Salman of Saudi Arabia arrived in Indonesia on Wednesday to great fanfare, accompanied, the news media said, by a retinue with a […]

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