Top business stories you missed last week
Here are the top eight business stories from the Middle East you probably missed this week:
QNB to open its first Saudi branch in Riyadh this May
Qatar National Bank (QNB), the Middle East’s largest bank by assets, will open its first branch in Saudi Arabia on May 4, the country head for the bank said on Wednesday. (READ MORE)
Deena Aljuhani Abdulaziz leaves Vogue Arabia?
Media reports, as yet confirmed, suggest that Deena Aljuhani Abdulaziz has left her role as editor-in-chief of Vogue Arabia. (READ MORE)
Revealed: These are the 100 Top CEOs in the GCC
Ali Ahmed Al-Kuwari, Group CEO of Qatar National Bank, has topped the list of the 100 best-performing CEOs from listed companies in the GCC states. You can find the full list of 100 CEOs here.
Six important things you need to know about VAT in the UAE
From January 1, 2018, the UAE will become one of nearly 150 countries to implement value added tax (VAT). Click here for a round-up of the six most important stories about the new laws.
Dubai business conditions strongest in two years – study
The latest Emirates NBD Dubai Economy Tracker says that the wholesale and retail, travel and tourism and construction industries led the advance, which capped the index’s strongest quarter since the first quarter of 2015. (READ MORE)
Will you soon be paying more for your rent?
Dubai’s residential sector has not exhibited change in terms of prices during the first quarter of 2017, according to a new report. (READ MORE)
Why are Middle East airlines losing money?
Changing economic conditions are forcing state-backed Gulf airlines, which have moved into many foreign markets from Asia to South America in recent years, to revise their business models and slow their once rampant growth in capacity. (READ MORE)
Meet 10 of the region’s successful self-made entrepreneurs
They dared to dream though the stars in their eyes veiled their modest beginnings. Today, due to their burning passion and indomitable spirit, these self-made entrepreneurs attract global recognition.