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Saudi princess Reema sworn in as kingdom’s first female ambassador to the US

Princess Reema replaces Prince Khaled bin Salman, who was appointed as Saudi’s deputy defence minister

Dubai’s Coca Cola Arena eyes Arabic, Bollywood and sports events to expand reach

The 17,000-seat capacity venue will open in June

Abu Dhabi’s ADGM regulator fines Eshara Capital and its CEO for breach

The investment fund and its CEO were individually fined $10,000 for failing to submit audit reports on time

Emirates to deploy its new B777 with first class private suites to Riyadh, Kuwait

The new first class suites feature seats with “zero-gravity” options and virtual windows

Both Dubai airports ‘good to go’ for 45-day runway closure, which begins this week

The closure of the runway from April 16 to May 30, will see some flights cancelled and some diverted to DWC

Saudi transport ministry studying imposition of toll on some roads

The ministry has also imposed fines, withdrawn projects from some contractors for not meeting the required standards

Dubai Islamic Bank responds to reports of acquiring Noor Bank

A media report claimed Dubai Islamic Bank was in talks to buy its smaller rival

Here’s why the UAE is seeing a rise in corporate sports events

Dubai-based fitness-wellness online portal Fit On Click says it is seeing growing demand for corporate sporting events in the country

Saudi Aramco to meet investors next week ahead of debut dollar bond – sources

The bond will help the world’s largest oil producer fund the $69.1bn purchase of a stake in SABIC

Abu Dhabi’s Etihad develops new AI systems to reduce passenger queues at the airport

Voice activated self-service kiosks, bag drop and boarding gate facilities are set to be introduced at Abu Dhabi’s new Midfield Terminal

Dubai’s Emirates to launch four additional weekly flights to Cairo

The new flights will add 1,416 seats each way per week on the route

Abu Dhabi Airports freezone waives licence fees for new companies

The freezone has also received approval for an exclusion of VAT in designated zones

Saudi reveals plans for second entertainment hub in Riyadh

It will include a variety of “carefully selected recreational facilities” along with restaurants and event spaces

US to lead global oil supply growth to 2024 – IEA

The IEA forecasts demand for OPEC crude will drop in 2020 and then rise to average 31.3 million bpd in 2023

Saudi Arabia to cut oil exports in April

Oil prices have been supported this year by output cuts

Bahrain’s Bapco sees oil trading opportunities as it expands refinery

The state-owned oil company plans to boost the capacity of its Sitra oil refinery to 360,000 bpd from the current 267,000 bpd

UAE sports chief Romaithi: Asian Football Confederation lacks independence

Mohammed Khalfan al-Romaithi has announced his candidacy for the role of AFC president

Dubai ‘makes progress’ in fight against illegal diesel trade

A group comprising ENOC and six government entities have found 62 per cent of companies to be in violation of diesel guidelines

Dubai investment firm Trustworthy.ae to open depot, logistics facility in Kizad

The facilities will seek to cater to the expected rise of container volumes at Abu Dhabi Ports

Kuwait’s Sheikh Ahmad re-elected Asia Olympic chief amid Swiss probe

He was re-elected unanimously for an eighth term at the OCA general assembly

Saudi official denies reports of detainee torture

The public prosecution said it has prepared an indictment list and that the cases are set to be heard soon

Sheikh Hamdan approves ‘Dubai Silk Road’ strategy

The strategy includes nine initiatives and 33 projects that will see the collaboration of several government entities

Oil up on Saudi, Russia meeting

Saudi to boost oil exports to China with strategy shift

Saudi has been surpassed by Russia in the past three years as the top crude supplier to China

Saudi princess appointed as kingdom’s first female ambassador to the US

Princess Reema bint Bandar bin Sultan is the daughter of a former long-time ambassador to the US

UAE denies change in policy regarding access to Qatar at ports

A news report had claimed that the UAE had eased a ban on shipping to and from Qatar

Dubai’s DMCC opens new coffee centre, in talks with major coffee traders

The centre can handle up to 20,000 tonnes annually of coffee, equivalent to $100m

Saudi denies reports that Crown Prince is planning to buy Manchester United

A media report had claimed that the Saudi royal was offering a hefty bid to acquire the English football club

Dubai’s Emaar Properties reports 27% Q4 profit increase

The company’s profit was helped by solid performances at its development and hospitality units.

OPEC cuts oil supply steeply but sees growing headwinds this year

OPEC said its oil output fell almost 800,000 barrels per day in January to 30.81 million bpd

Saudi’s Haramain rail project to add 8 new trips between Makkah and Madinah

The high-speed rail line began operations in October last year