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Saudi Aramco could be worth $10 trillion following listing – reports

Analysts estimate the company could be worth more than 10 times Apple Inc’s peak of $756bn

Dubai Parks and Resorts imports 300 year-old olive trees from Italy for landscaping

The developer has acquired 15,860 trees, 6,100 palms and over 1.4 million shrubs and groundcovers to landscape the project

Netflix launches in the UAE, adds Arabic language to its offering

The web streaming TV network has expanded its reach to 130 new countries worldwide

UAE supports Saudi after kingdom executes 47 including Shiite cleric

Those executed were found guilty of terrorism offences

Adapting to Darwinian forces across the business landscape in 2016

Low commodity prices, weakening currencies and slowing growth in China will continue to impact businesses

UAE’s Etihad to appeal against ruling on Air Berlin codeshare

A German court revoked Etihad’s codeshare rights on 31 routes operated by airberlin

Saudi to survey all healthcare facilities after deadly fire tragedy

At least 24 people were killed and over 140 injured after a massive fire engulfed the Jazan General Hospital on Thursday

Abu Dhabi Airports awards duty free contracts for Midfield Terminal building

Aer Rianta International and Lagardère Capital will offer duty free retail at the new terminal

Qatar hits back at reports of 7,000 workers dying by 2020

The government called ITCU figures ‘fallacies’, saying that they were based on annual mortality rates among all expats

US expats in UAE may have passports revoked if income unreported

The UAE has signed a deal with the US to implement the Foreign Account Tax Compliance Act from early next year, says financial firm

Officials say $22.5bn Riyadh Metro is 26% complete

The project is progressing on schedule, confirm government officials

Qatar anticipates tourism boom as FIFA 2022 looms ahead

The Gulf country is outlining a multi-pronged tourism strategy to cash in on the visitor boom

Qatar 2022 World Cup head denies wrongdoing

Hassan Al Thawadi suggested investigations focused on individuals rather than “a young hard-working bid committee from Qatar”

Iran’s aviation industry poised for take off ahead of sanction lift

Boeing and Airbus may be rubbing their hands at the prospect of a revitalised Iranian airline industry but Gulf airlines are happy scooping up business in the interim as the world

Gulf’s aviation sector primed for steady growth amidst challenges

Despite a significantly smaller order book at this year’s Dubai Airshow, industry experts are not concerned about a slowdown

Canadian planemaker Bombardier says CS100 aircraft testing almost 100% complete

The company said it is on track to have the aircraft certified this year with Transport Canada

Air Canada begins new direct service between Toronto and Dubai

The thrice-weekly service will be operated on a Boeing 787-9 Dreamliner

Germany approves Etihad-Air Berlin code shares until Jan 15

Etihad owns 29.2 per cent of loss-making Air Berlin, which is currently working on a new restructuring plan

OPEC will keep oil output high even if prices stay low, traders say

OPEC ministers meet in Vienna on December 4 to decide production policy

Saudi appoints former investment chief as new US ambassador

Prince Abdullah bin Faisal bin Turki Al Saud served as governor of the Saudi Arabian General Investment Authority from 2000-2004

Nakheel reports 39% net profit rise for first nine months of 2015

The developer said property handovers and strong performance by its retail, leasing and leisure businesses boosted profit

Saudi Prince Alwaleed’s Kingdom Holding reports 10% increase in Q3 net profit

Kingdom Holding made a net profit of SAR 291.55m in the third quarter of 2015, up from SAR 265m in the same period a year earlier

Damac chief slams reports of oversupply in Dubai’s property market

False reports of oversupply are damaging market sentiment, says Damac managing director Ziad El Chaar

UAE, Germany plan talks over Air Berlin-Etihad code share

Air Berlin and Etihad are still awaiting approval for this winter’s flight schedule

Iran boosts oil trade via UAE ahead of sanctions relief

The trading sources said Iranian fuel oil shipments are still being presented with documents declaring it of Iraqi origin at the ship refuelling hub of Fujairah

Kuwait sports clubs back government in dispute with FIFA

FIFA has given the Kuwait Football Association until this week to avoid implementing a new set of sports laws

Oil market needs a leader, Saudi adviser says

The advisor called for greater international cooperation to reduce speculation and support a healthy oil market

UAE-Taiwan trade hit by oil price drop, yuan devaluation

Taiwan’s exports to the UAE have been stagnant over the last year due to a weak yuan and oil price fall, a senior official said

Bahrain’s Investcorp buys sports gear maker POC for $65m

Investcorp’s latest deal complements other companies in its portfolio that have similar interests

Saudi opposition clerics make sectarian call to jihad in Syria

Riyadh, along with Turkey and other Gulf states, is a main supporter of rebels fighting Syrian President Bashar al-Assad