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Saudi clothing retailer Alhokair cuts staff pay

Abu Dhabi City United Arab Emirates

UAE’s Taqa to offer more shares in asset-transfer deal

UAE oil-storage hub to open new tanks this year

Kuwait’s Agility seeks $150m cost saving to tackle virus

UAE approval of Boeing 737 Max likely to closely follow FAA

89th Geneva International Motor Show Press Days

Geneva Motor Show 2021 cancelled, event to be sold

Dubai World pays $8.2bn two years early to complete debt revamp

Japan’s SMBC Nikko to open branches in Paris, Abu Dhabi

Iran missile that downed Ukraine jet fired ‘without permission’

saudi arabia riyadh

Saudi net foreign assets rise for first time since January

Pakistan Stock Exchange says building under attack by gunmen

Oil extends drop with virus milestones spurring demand angst

Dubai builder ASGC group cuts 15% of its workforce

Saudi bank NCB plans $15.6bn takeover of rival Samba

Philippines to repatriate remains of 152 workers who died from Covid-19 in Saudi

An epidemic of contaminated waste is following the coronavirus

Saudi’s Samba CEO sees U-shaped recovery after ‘triple jeopardy’

Oil falls again with virus resurgence casting doubt on demand

Luxury retailer in Kuwait hires Citigroup to advise on options

Saudi Binladin Construction group misses salary payments

Oman Muscat

Moody’s downgrades Oman for a second time in 2020 as oil dips

Emirates to resume flying A380 superjumbos to London, Paris

Mubadala to double down on tech after $1.2bn Jio stake

Saudi Arabia starts $4bn tourism development fund

Oil holds near $42 while investors weigh demand against virus

Saudi education platform raises more funds as schools go online

Maaden phosphate unit signs $4.1bn finance deal

Saudi oil minister sees ‘encouraging signs’ of demand recovery

OPEC says virus to keep fuel demand under pressure this year

Abu Dhabi’s Mubadala weighs selling property assets to Aldar