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UAE waives millions of dirhams in fines during amnesty

The five-month amnesty scheme ended on December 31

Dubai reveals 2019 budget with marginal rise in spending, support for SMEs

The government expects to generate Dhs51bn in public revenues, an increase of 1.2 per cent

Saudi’s Haramain railway mulls 30 daily trips by end-2019

The line transported more than 118,000 passengers through 310 trips since its launch on October 11

Dubai’s Emirates carries over 59 million passengers in 2018

The airline operated over 192,000 flights in the last 12 months

Dubai Duty Free surpasses $2bn in sales

The retailer also recorded more than 3.5 per cent growth year-on-year

Indians top list of nationalities visiting Dubai

The data relates to tourists who visited Dubai between January-September this year

Electronic visa for Umrah available now

Saudi Arabia set to attract 30 million pilgrims by 2030

The Hajj Ministry and the General Authority of Civil Aviation have agreed to partner to provide better air transport services to pilgrims

Kuwait light crude output expected to rise to 250,000 bpd in 3 years

Light crude output is currently 180,000 bpd

Bahrain, Manama, Cityscape view of Bahrain World Trade Center and Bahrain Financial Harbor

Bahrain prepares for VAT introduction next year

Everything you need to know about VAT in Bahrain

Saudi to appoint new private-sector operator for Jeddah airport in 2019

Saudi’s aviation authority GACA terminated an agreement with a consortium led by Singapore’s Changi Airport in February

UAE rebuts allegations about Sheikha Latifa, reveals photos of her at home

Sheikha Latifa is at home and living with her family in Dubai, statement confirms

Saudi overtakes Russia as China’s largest crude oil supplier in Nov

Saudi, the world’s biggest oil exporter, is trying to expand its market share in China this year

Baselworld

SIHH and Baselworld to sync dates starting 2020

It comes alongside reports that the Swatch Group is holding its own exhibition in March next year in Zurich, just ahead of Baselworld

Dubai Duty Free records over $52m in three-day anniversary sale

The airport retailer celebrated its 35th anniversary on December 20

Why good boards fail: part 6

Each month, Jan Bladen takes us through one of the top 10 reasons good boards fail and how to improve your chances of survival

Dubai airport crosses billion-passenger mark

The airport ranks as the world’s busiest for international passenger traffic

Saudi to issue SAR120bn of bonds in 2019

The government unveiled a SAR1.11 trillion ($295bn) budget on Tuesday, the kingdom’s largest ever

Emirates flights to Gatwick face diversion, delays as airport suffers drone disruption

All flight arrivals and departures have been suspended at London Gatwick

Oman’s National Gas Company terminates CEO

Oman to hike nationalisation quotas in the industrial, tourism sectors for 2019

Oman is cracking down on the employment of expats in several sectors

Saudi to open e-visa service to tourists

The system was successfully tested during last weekend’s Formula E event outside Riyadh

Emirati man fined Dhs300,00 for insulting social media influencer

The UAE’s cyber and hate crime laws are among the strictest in the world

Dubai’s DP World seeks to quash India antitrust probe over Mumbai port-court filing

Last month, the Competition Commission of India said it suspected alleged antitrust violations by DP World and Denmark’s A.P. Moller-Maersk

UAE company eyes floating rail link to India and Pakistan

National Advisor Bureau Limited has previously proposed the towing of icebergs to the UAE for drinking water

Dubai’s DP World forms container storage joint venture with SMS Group

The technology will be applied at DP World’s Jebel Ali Terminal 4 in time for Dubai’s hosting of the 2020 World Expo

Dubai’s Marka CEO resigns after less than two years in the role

Benoit Lamonerie was appointed to the role in late May last year

Oman to triple medical examination fees for foreigners

A medical is compulsory for foreigners and their families when applying for a residence permit

Anwar Gargash, Minister of State of Foreign Affairs

UAE minister dismisses Qatar’s statements on GCC crisis

Anwar Gargash accuses Doha of interfering in the internal affairs of its neighbours

Saudi Aramco signs MoU with Raytheon to develop cybersecurity company

Aramco was hit by a devastating cyber attack in 2012

Sharjah government to take stake in struggling Invest Bank

Invest has been hit by recent high levels of bad loans

UN chief says Yemen’s warring parties agree to ceasefire in Hodeidah

UAE minister of state for foreign affairs Anwar Gargash welcomed the deal