Business Blog

Jazeera Airways holds 12%share on Dubai route

Kuwait’s Jazeera Airways maintained double-digit market share on the Kuwait-Dubai route in April, according to data released by the airline.

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Customers to get power use alerts on smartphones by 2015

Residents will be able to monitor and limit power and water bills in near-real time on smart devices by 2015.

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Passenger ferry between Abu Dhabi and other Gulf cities a possibility

A passenger ferry service between Abu Dhabi and other Gulf cities may become a reality soon, providing a relaxing and entertaining travel option to the residents of Gulf countries, a top official told Gulf News.

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SMEs in MENA region seek Shariah-compliant funding

Around 35 percent of SMEs in the MENA region are excluded from the formal banking sector because they are seeking Shariah-compliant products that are not readily available in the market.

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MIDEAST STOCKS - Factors to watch - June 15

DUBAI, June 15 (Reuters) - Here are some factors that may affect Middle East stock markets on Sunday. Reuters has not verified the press reports and does not vouch of their accuracy.INTERNATIONAL/REGIONAL* GLOBAL MARKETS-Iraq unrest drives up oil; shares edge higher MKTS/GLOB* Oil prices climb again amid escalating violence in IraqO/R* Iraq says slows Islamist rebel advance, regains some territory
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Competing halal standards leave food industry with indigestion

The storm of bad publicity that hit confectioner Cadbury in Malaysia after its chocolates tested positive for traces of pork highlights the costly, religious minefield food companies must navigate as they rush to tap the surging USD 1 trillion global halal market.

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