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Kuwaiti banks' prospects rise

Annual profits up Financial companies finally starting to recover from crisis Asa Fitch Banks and other financial companies in Kuwait are starting to glimpse recovery after taking one of the region's worst beatings during the financial crisis, analysts say. With only one of Kuwait's eight listed banks still to report financial results for last year, total profits at listed banks for the period amounted to 236.8 million dinars (Dh2.99 billion), up from 57.8m dinars in 2008.

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Obstacles to Emiratisation remain

Visitors check out job opportunities at Careers UAE 2012. Ninety per cent of the 225,000 Emiratis in the workforce are employed in the public sector. Jeff Topping / The National

Barriers are still holding back Emiratis from joining the private sector despite 2013 being designated the year of emiratisation.  Obstacles to Emiratisation remain

Etihad Airways acquires Abu Dhabi airport service firms

bz20-etihad

Etihad Airways has acquired the three main ground handling companies of Abu Dhabi International Airport.  Etihad Airways acquires Abu Dhabi airport service firms

NY Times considers Arabic site

The New York Times Company building in New York. The newspaper is planning language websites that will feature local contributions and translated edition articles. Michael Nagle / Bloomberg News

The New York Times is considering launching an Arabic version of its website in line with its expansion efforts in the digital age.  NY Times considers Arabic site

UAE currency houses will be subject to new Central Bank rules

The proposed law change comes after a Central Bank decision this month to revoke the licences of two exchange houses. Pawan Singh / The National

New rules designed to tighten the regulation of money exchange houses are planned by the Central Bank in the wake of the closure of two exchange houses for breaking rules.  UAE currency houses will be subject to new Central Bank rules

Teach kids values and the world is their oyster

Gary Clement for The National

On the money: My son and I are creating our very own adventure book. A sort of scrapbook where we're writing down where we want to travel to, sticking in photographs of the places, including maps, writing bits of information - and a target date.  Teach kids values and the world is their oyster

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Video: TDIC on the Louvre and Saadiyat Beach Villa project

Video: TDIC on the Louvre and Saadiyat Beach Villa project(Video)

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Video: Aldar optimistic about key developments

Video: Aldar optimistic about key developments(Video)

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Video: Facebook ventures into the travel sector

Video: Facebook ventures into the travel sector(Video)

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Video: A look inside the Kaloti gold refinery

Video: A look inside the Kaloti gold refinery(Video)

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