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Kuwait said to deport 1,053 ‘illegals’ in Tuesday raid
Kuwait is deporting 1,053 foreigners living illegally in the country, following a series of raids in which 4,000 people were detained. According to reports, the Ministry of Interior has issued a statement revealing that 4,015 people were detained after officials conducted raids in Jleeb Al Shuyoukh on Tuesday. Around 3,000 people were released after having
Saudi Arabia asks banks to discuss major loan
Saudi Arabia’s government has asked banks to discuss providing it with a major international loan that could total around $10 billion, sources aware of the matter said on Wednesday. The government sent an invitation to banks to discuss the loan, the sources said, declining to be named because the matter is not public. The invitation
Swiss-Belhotel Int’l to open first property in Saudi’s Eastern Province
Swiss-Belhotel International has signed an agreement to run a four-star hotel in Al Khobar which is expected to start operating by the end of this year. The Swiss-Belhotel Al Khobar hotel will be the company’s first property in the Eastern Province of Saudi Arabia, a statement said. Swiss-Belhotel International chairman and president Gavin M Faull
Dubai unveils plans for $8.2bn free zone
Dubai has revealed plans for a AED30 billion ($8.2bn) ‘Wholesale City’ spanning over 51 million sqm. Dubai Wholesale City is expected to become the world’s largest global wholesale hub, and take about 10 years to develop, according to UAE state news agency WAM. The development – launched by Sheikh Mohammed bin Rashid Al Maktoum, UAE
March 2, 2016
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Five Guys set to open two more UAE outlets
Family owned and operated franchise restaurant group Five Guys has revealed plans for two new UAE outlets, due to open by Q2 2016. The two new launches will represent the brand’s third Dubai location and first in Abu Dhabi, located in Jumeirah Beach Residences and in Marina Mall Abu Dhabi, respectively. Founded in the US,
Women entrepreneurs choose social impact over profit, study reveals
Successful women entrepreneurs think that businesses should have a positive social impact, according to a review by INSEAD presented at the Global Women’s Forum Dubai 2016. INSEAD, a business school with campuses in Europe (France), Asia (Singapore) and Abu Dhabi, reviewed the Cartier Women’s Initiative Awards to reveal an overwhelming view among women entrepreneurs that
Dubai named top global choice for corporate expansion
Dubai has been named as the number one expansion target by nearly a quarter of companies based in Asia, Europe and North America, according to a new survey. The report by the Alliance Business Centres Network for the Middle East and North Africa showed that Dubai ranked first among the best centres for the expansion
Tourism ‘to add $1bn to Bahrain economy by 2020’
Tourism in Bahrain is expected to contribute $1 billion to the country’s economy by the end of the decade, according to official statistics. Figures from the Bahrain Economic Development Board (EDB) reveal that there was an 11 percent increase in visitor numbers between 2014 and 2015 – a rise of 10 million tourists. The sector
British tourist ‘robbed by men with swords’ in Dubai
DUBAI // Three men carrying swords broke into the villa where a British tourist was staying and robbed her, Dubai Criminal Court was told on Sunday. H H, 26, and M N, 22, both Emiratis, and Jordanian O M, 23, face charges of armed robbery. F M, 45, another Emirati, is charged with driving the
February 29, 2016
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