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Boom time for GCC halal food industry

With the total food import to the Gulf region set to grow two-fold to hit $53.1 billion by 2020, the regional halal food industry is poised to grow at a fast pace in the 

Saudi to build two new medical cities

Saudi Arabia has announced plans to build two new medical cities in Riyadh and Jeddah following a direction from the Custodian of the Two Holy Mosques 

Dubai Airports eyes 66m passengers in 2013

Passenger traffic at Dubai International is all set to surpass the projected target of 56.5 million for 2012, as the world’s fourth busiest hub for international passengers

Dubai taxi service ranks third worldwide

Dubai has been ranked third worldwide immediately after Tokyo and Singapore in the field of taxi transport, on the quality of services offered by five franchise

GFH Capital takes over UK football club

GFH Capital, a unit of Bahraini investment firm Gulf Finance House (GFH), has become the new owner of Britain's Leeds United Football Club, following the 

Oman Air sees 30% revenue growth in 2012

 State-owned Oman Air expects its revenue to grow 30 percent in 2012 because of expanded operations.

Emirates-Qatar Air merger impossible

A Gulf mega-carrier would be “formidable” but would face European opposition.

Dubai Duty Free posts $1.29bn sales so far in 2012

Dubai Duty Free said on Sunday it is looking to achieve double digit sales growth for the year after sales up to the end of October reached AED4.71bn ($1.29bn).

Mideast hotels post biggest rates rise of year

 Hotels in the Middle East posted double digit increases in average daily rates for the first time this year in October, according to latest industry data.

UAE has world’s least demanding tax framework – report

The UAE has the world’s least demanding tax framework for corporations, followed by Qatar and Saudi Arabia, according to a new report compiled by the World Bank,

ME ‘no longer needs Western expat talent’

The Middle East is no longer dependent on executive expertise from Western expatriates, said an expert, adding that those already in the region are too expensive.

Dubai plans massive tourism and retail project

Dubai announced plans for a huge tourism and retail development including the largest shopping mall in the world, a fresh sign that the glitzy emirate has recovered
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