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Abu Dhabi to introduce road tolls

Neighbouring Dubai introduced its Salik road toll system in 2007

UAE tax authority warns VAT deadline approaching

The country introduced a 5 per cent value added tax rate on January 1

Dubai roads to close for five-day cycling tour

Around 870km of roads will be affected during the five-day event

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Saudi’s SABIC reports 18.6% drop in Q4 net profit

SABIC attributed the fall in profit to planned turnarounds at certain plants

Inter-GCC imports temporarily taxed at 0% for UAE, Saudi companies

The GCC countries are preparing to implement a joint 5 per cent value added tax rate

Abu Dhabi’s Etihad denies plans to cut 10% of pilots

Etihad is undergoing a restructuring after posting a $1.87bn loss in 2016

US requires tougher cargo screening from Middle East airports

GCC carriers Saudia, Emirates and Etihad are among those subject to stricter security measures

Saudi’s Madinah hit by earthquake

The tremor was recorded at 2:59pm

Saudi Shoura members demand committee to address gender pay gap

Saudi women are paid the least among their peers in the Gulf Cooperation Council, according to an analysis by the members

UAE’s Emirates and Etihad sign security deal

Emirates president Sir Tim Clark indicated the two carriers could work together in some areas last year

Kuwait launches investigation after stadium injuries

Dozens of Omani fans were injured at the Arabian Gulf Cup final

Abu Dhabi Airports sign MoU with Beijing Capital Airport

The agreement will allow for knowledge sharing in areas such as staff training and airport operations

Saudi’s Ma’aden to start up third phosphate project in 2018

Once at full capacity, the complex will roughly double Saudi Arabia’s production

Are you ready for VAT?

With January 1 fast approaching there is no better time to determine your VAT readiness

Abu Dhabi Food Festival’s secret dinner event cancelled due to bad weather

The event was scheduled for December 21 at a secret location

Saudi traffic authorities say 20 dying on roads each day

The kingdom is preparing to welcome women drivers next year

Saudi women have spent $3.1m to obtain driving licences abroad

The figure suggests a significant appetite for driving among women in the kingdom

Slain Yemen ex-leader’s son calls for revenge

The veteran former leader was killed in a shooting attack on Monday after switching sides

Yemen’s Saleh says ready for ‘new page’ with Saudi-led coalition

The former Yemeni president’s comments could pave the way to end nearly three years of war

GCC summit to go ahead despite Qatar row, diplomats say

The summit is due to take place in Kuwait on December 5 and 6

DP World launches internship programme for Emiratis abroad

Students in 40 countries around the world will have the opportunity to learn about global trade

Saudi princess wins Sports Personality Award

Princess Reema bint Bandar bin Sultan was recognised for her entrepreneurial spirit and philanthropic efforts

Kuwait and Iraq near agreement on price for gas exports

Iraq would export at least 50 million cubic feet of gas per day for 10 years, said Kuwait oil minister

US backs Saudi ‘first step’ in addressing Yemen crisis

The Saudi-led coalition has said it will allow aid into the country, as well as UN flights to Sanaa

ADNOC’s distribution unit could raise as much as $2bn in IPO

The IPO would be the UAE’s biggest since DP World raised nearly $5bn in 2007

Saudi’s PIF ‘to take over Riyadh financial district’

The first phase of the $10bn business hub is due to open next year

Gulf trio add two entities, 11 individuals to terrorism lists

The organisations were accused of “spreading hate speech under the cloak of Islam to facilitate different terrorist activities”

ADNOC listing could raise up to $2.8bn

Abu Dhabi is pushing its state companies to list on the bourse with the hope of luring foreign investors

Saudi regulator suspends trading accounts linked to corruption probe

More than 208 people have been questioned under the kingdom’s corruption purge

Abu Dhabi’s Aldar reports 18.45% dip in Q3 profit

The company also announced the appointment of a new CEO