Dubai joins January 1 celebration
Despite cultural and religious difference, Dubai joined much of the Western world in celebrating the new year on January 1, and both private and government entities treated it as an official holiday. Read More »
Despite cultural and religious difference, Dubai joined much of the Western world in celebrating the new year on January 1, and both private and government entities treated it as an official holiday. Read More »
Egypt's Ministry of Electricity and Renewable Energy (MERE) has a plan to boost the country’s use of renewable energies. Read More »
A new slate of Kuwaiti lawmakers appears ready to push the envelope on imposing increases to existing water and electricity tariffs in the country, despite widespread opposition. Read More »
Officials in charge of Qatar’s sovereign wealth fund have pledged $10 billion for infrastructure investments in the U.S., but they're staying mum on the details, which is raising a whole lot of questions -- including will the new administration accept this financial involvement and how will the whole thing work? Read More »
In certain Sunni communities, December 12 marked the birth date of the Prophet Mohamed -- the 12th of Rabi Al-Awwal, or the “Mawlid” (Birth of the Prophet). Read More »
The NASDAQ Dubai exchange is the region’s premier market for financial trading. Now, a company known for its position in the brokerage industry is helping government parties launch a new equity futures market for investors. Read More »
The two largest airline carriers in the Emirates, Emirates Airlines and Abu-Dhabi based Etihad Airlines, are facing layoffs and budget cuts as a result of lower demand. Read More »
Financial experts are reporting on a liquidity crunch in Dubai as the Emirates continue to manage a fast-growing national economy. Read More »
Although Saudi Arabia has an active space exploration program -- even in the post-oil age -- the Saudis have agreements in place to finance joint international efforts focused on establishing more human bases in outer space. Read More »
A new study in the UAE is showing consumer ambivalence when it comes to driverless cars. Read More »
The government in the United Arab Emirates has a message for the many people who fled the country in the financial recession of the last decade, leaving behind bad debt and assets in default. Read More »
To add vitality to its national economy, the Gulf Coast country of Oman is getting proactive about opening up real estate to a range of investors, for the purposes of creating tourist infrastructure. Read More »
A move by OPEC to restrict the supply of oil from participating countries has led to higher oil prices across energy markets. Read More »
In partnership with a company called Miral Asset Management LLC, Sea World Entertainment now has plans to open its first attraction outside of North America. Read More »
A major real estate firm in the Gulf country of Qatar is focusing some attention on an emerging market, the Philippines, as a way to diversify its business. Read More »
Next week, U.K. Prime Minister Theresa May is due to meet with GCC leaders at a summit in Bahrain to talk about what the post-Brexit future will look like for relationships with Saudi Arabia, Qatar, the UAE and other neighbors in the region. Read More »
To visitors in downtown Dubai, the results of rapid innovation are evident: smart city infrastructure blinks behind glass windows. Read More »
A new e-commerce platform from IKEA Saudi Arabia will help regional customers get furniture products from the popular Swedish store directly to their doorsteps. Read More »
A real estate community in the emirate of Ras al Khaimah is attracting a lot of attention from overseas investors and others looking to settle on the Persian Gulf coast. Read More »
Observing the efforts of countries around the world to keep up their infrastructure, experts are noticing that these kinds of investments tend to pay off very well. Read More »