Wednesday 3 September 2014

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MINOR CONCESSIONS LIKELY
Alitalia-Etihad deal to get EU clearance by year-end

UAE national carrier Etihad Airways and Italian airline Alitalia are expected to win clearance for their tie-up by the end of the year with minor concessions, a person familiar with the matter said on Tuesday.

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1

DUBAI SUBURB RATES SOFTEN
Property price rise deters first-time home buyers

The rise in property prices has resulted in fewer sales transactions in the second quarter of the year and diverted potential first time home buyers to shift their immediate attention to continuing to rent in Dubai, UAE, a report said.

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2

'WE BUY PLANES, NOT SHARES'
Emirates rules out buying Qantas stake

Dubai-based Emirates airline is not interested in investing in the international operations of Qantas, the carrier's chief commercial officer (CCO) has said.

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3

SPOTLIGHT
10pc Arab CEOs use private jets for leisure travel

Nearly 10 per cent of chief executive officers (CEOs) in the Arab world use private jets for leisure travel, compared to 30 per cent in the US, according to Private Jet Charter, a leading independent private jet charter consultant.

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4

ANALYSIS
Basel III deposit challenge looms over Islamic banks

As banks around the world gear up to meet tough Basel III regulatory standards, Islamic lenders face a source of uncertainty that could prove expensive for them: how regulators will treat their deposits.

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5

IMAGE OF THE DAY
Back to school blues

First graders attend a festive ceremony to mark the start of another school year in Slaviansk on September 1. The day marks the start of a new academic year for students in Ukraine.

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Top Trade News

icondown

Industry Sectors

Construction & Real Estate

Property price rise deters first-time home buyers

The rise in property prices has resulted in fewer sales transactions in the second quarter of the year and diverted potential first time home buyers to shift their immediate attention to continuing to rent in Dubai, UAE, a report said.

More…
Retail & Wholesale
Energy, Oil & Gas
Finance & Capital Market
Analysis, Interviews, Opinions

Basel III deposit challenge looms over Islamic banks

As banks around the world gear up to meet tough Basel III regulatory standards, Islamic lenders face a source of uncertainty that could prove expensive for them: how regulators will treat their deposits.

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Industry, Logistics & Shipping

Mideast freight market grows 9.4pc in July

The Middle Eastern freight markets expanded 9.4 per cent in July, a strong performance despite the impact of Ramadan, said the International Air Transport Association (Iata).

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Travel, Tourism & Hospitality

Alitalia-Etihad deal to get EU clearance by year-end

UAE national carrier Etihad Airways and Italian airline Alitalia are expected to win clearance for their tie-up by the end of the year with minor concessions, a person familiar with the matter said on Tuesday.

More…
IT & Telecommunications

Tawasul in deal with Equinix for PoP in UAE

Tawasul Telecom, a leading provider of Multiprotocol Label Switching (MPLS) networking services in the Middle East and the Gulf region, has signed a deal with Equinix to have a second Point of Presence (PoP) in the UAE.

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Government & Laws

Saudi detains 88 preparing 'terrorist' attacks

Saudi Arabia has arrested 88 people plotting "terrorist" attacks at home and abroad, Al Arabiya television reported on Tuesday, citing the interior ministry.

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Motoring
Health & Environment

Bahrain pharmas given deadline to implement pricing

Several pharmacies in Bahrain have violated a decision to implement the unified pricing structure for the third batch of medicines which came into effect yesterday (September 1).

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Media & Promotion

Abu Dhabi Classics to bring top music talent to UAE

Abu Dhabi Classics, an international cultural concert season staged in Abu Dhabi, UAE, is set to bring some of the most prominent music talent and orchestras to the capital, Saadiyat island and Al Ain.

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Education, HR & Training

WISH foundation seeks young innovators for new program

The World Innovation Summit for Health (WISH), a global initiative of Qatar Foundation for education, science and community development, is seeking talented, young healthcare innovators from around the world to participate in its Young Innovators program.

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