Leading News Source For Middle East
35The International Monetary Fund (IMF) has welcomed the economic and financial reforms undertaken by Bahrain to battle fiscal and external imbalances. The Executive Directors of the IMF signaled that the low global oil prices have “adversely affected” the country’s economy Read more
A passenger jet belonging to a Dubai-based airline crashed early Saturday in Rostov region with 62 passengers on board. The jet, a Boeing 737-800 operated by Flydubai crashed while trying to land at Rostov-on-Don airport, 950 kilometers south of Moscow. Read more
Vice-President and Prime Minister of the UAE Sheikh Mohammed bin Rashid Al Maktoum announced Monday the creation of a Ministry of Happiness that will be tasked with channeling “policies and plans to achieve a happier society” and a Ministry of Read more
The United Arab Emirates (UAE) approved a zero deficit federal government budget on Sunday as oil prices continue to be low. The estimated dh48.557 billion budget for 2016 allocated almost 56% to education, social development, public services and health. Vice Read more
The Emirate of Dubai, known for its scorching temperatures like most of the Gulf countries, has unveiled plans to build the world’s largest indoor ski resort to cost US $6.8 Billion. Dubai, which has already an indoor ski resort boasting Read more
Head of Iran’s Civil Aviation Organization (CAO) Alireza Jahangirian has warned the U.S that Tehran will take legal actions if ever it blocks the first of the eight A340s and one A321 second-hand aircrafts that will become operational in the Read more
Arab travel and tourism market could gain momentum if Arab countries had open skies, a move which is likely to contribute to the increase of air traffic and passenger capacity between brethren countries. During a forum held this week at Read more
The United Arab Emirates has crushed more than 10 tonnes of elephant tusks and ivory carvings confiscated in the Gulf country in a move destined to send a strong message to poachers and smugglers. The UAE is not a major Read more
The Oil-rich United Arab Emirates looks forward to developing medical tourism in Dubai and has set a target of attracting half a million health and wellness visitors by 2020. Last year, the number of medical tourists reached 135,000 against 120,000 Read more
The Dubai government has revealed some of its intentions of investing in Africa during the Africa Global Business Forum held in Dubai. The forum was graced by Presidents from Ghana, Ethiopia and Rwanda alongside several major investors of the African Read more