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Dubai’s Union Properties to sell Emicool stake

The company has also acquired a stake in Egypt’s Palm Hills Developments

Yemen’s Houthis threaten to block Red Sea

“Their ships pass by our waters while our people starve,”the Houthis’ Ansarullah political council chief said

Saudi to ease requirements for foreign investors in bourse

At the end of 2017, 118 foreign institutions had registered to invest

Saudi labour ministry denies income tax rumours

Social media posts had suggested the kingdom was about to introduce a tax on foreign workers’ salaries

Almarai chairman’s sons among 11 detained Saudi princes – report

The group were arrested after protests at a royal palace in Riyadh on Thursday

Kuwait projects 25% smaller deficit in 2018-2019

The government is expecting a boost in both oil and non-oil revenues

Saudi women to attend football matches for the first time

The first football games open to women will take place this weekend

Predictions 2018: Emirates president Sir Tim Clark

Clark says the carrier has a renewed sense of confidence in the global market environment in 2018

Dubai International passenger traffic up 5.6% in November

The airport is already ahead of its 2017 forecast of 89 million passengers

Iran deploys Revolutionary Guards to quell “sedition” after protests

The Revolutionary Guards were instrumental in suppressing an uprising over alleged election fraud in 2009

Iran stages pro-government rallies after days of protests

Hundreds of protesters been arrested across the country

As protests rage in Iran, Trump’s policy faces sanctions test

Trump has repeatedly criticised the Iran nuclear deal and promised to negotiate a better one

Revealed: Where Dubai property rents, prices fell the most in 2017

Rental rates were down as much as 16 per cent in some areas

Saudi expects $9.3bn from VAT in 2018

Officials said the revenue would go towards infrastructure and developmental works, as well as sustainable growth

Oman lifts spending in 2018 budget

The country is proceeding with a privatisation programme that will see some state companies sold this year

Digital transformation: The catalyst for sustainable logistics operations

Kushal Nahata explains why sustainability must be front of mind for the region’s logistics players

Two Saudi princes released from detention in anti-corruption probe – source

Local reports said that 23 individuals had also been released last Tuesday

Sudan, Saudi Arabia to restore banking ties, says Sudanese news agency

Sudan’s banking transactions with Saudi Arabia is expected to reach $600m in the next year

Shake Shack CEO Randy Garutti on shaking up the fast food market

Shake Shack CEO Randy Garutti explains why the Gulf region is so important to the cult burger chain and how new technology is changing the way it operates

Abu Dhabi announces new healthcare model

The new Primary Care Standard will focus on family healthcare and come into force on January 1, 2018

UAE announces visa-waiver deal with Chile

The move comes after an MoU was signed in November

Update: UAE has information Tunisian women may commit “terrorist acts”, Tunisia says

UAE airline Emirates prevented Tunisian women from boarding flights on Friday

Hydrogen-powered taxis to go on trial in Dubai

The Toyota Mirai has zero emissions and will be added to the Dubai Taxi Corporation fleet

Trump travel ban ‘should not apply to people with strong US ties’

The president’s proposed ban targets people from six Muslim-majority countries

Saudi Arabia confirms bird flu outbreak

The outbreak has led to the culling of nearly 16,000 ducks

China to grant visa-free entry to UAE citizens

The UAE granted Chinese passport holders visa-on-arrival entry in 2016

Coalition says 83 Houthi missiles fired towards Saudi since 2015

The latest attack was intercepted on Tuesday

Saudi makes more arrests under corruption crackdown

Authorities are hoping to collect $100bn in settlements

Dubai’s Emirates to fly to London Stansted in 2018

When the new service begins Emirates will have 10 daily flights between Dubai and London

Abu Dhabi’s Aldar acquires office tower for $179m

CEO Talal Al Dhiyebi said the company would continue to “assess the market for opportunities”