Dubai Residents Priced Out As Living Costs Rise

Dubai expats’ housing allowance levels lag when compared to the sharp rise in rents and inflation.

UAE Has World’s Most Attractive Tax Framework

The UAE and other GCC countries continue to have low taxation polices which has helped boost trade in turn.

Kuwait Airways Resumes Iraq Flights

This national airline stopped operating flights to Iraq after the 1990 Iraqi invasion.

Dubai Lynx 2014 Jury Presidents Revealed

The announcement included a new award for students and unveiled the theme for next year’s festival.

Pension Not A Priority For UAE Expats

Most expatriates would prefer to invest a sudden windfall in property, finds survey.

Saudi Labour Crackdown Promises Long-Term Gain For Short-Term Pain

Nearly a million foreigners have left Saudi Arabia since March, when authorities began a crackdown on illegal workers.

Dubai Schools, Airshow Closed As Weather Worsens

The UAE is predicted to see thunderstorms and strong winds on Thursday.

Saudi Says Six Shells Fall Near Border Post Close To Iraq, Kuwait

The mortar shells fell in an uninhabited area and caused no damage, Saudi officials have confirmed.

Dubai Airshow: Mubadala Aerospace Eyes US Deals

The firm won industrial orders worth over $5 billion at the air show to sell parts and materials to Boeing and Airbus.

Dubai Airshow: Lockheed Sees More Clarity On Saudi Naval Buy In Next Months

Saudi is evaluating options for its naval modernisation programme, including purchases of up to 12 of Lockheed’s steel monohull Littoral Combat Ship

Mubadala Secures Dhs43bn At Dubai Airshow

Mubadala announced it will begin servicing Rolls-Royce’s Trent XWB engines, including maintenance, repair and overhaul.

Saudi Minister Warns GCC: Beware Of Protectionism In Petrochem Sector

Saudi’s deputy foreign minister said that protectionist policies in the petrochemicals sector can drastically impact the global economy.

NBAD Appoint StanChart Banker To Head SF Business

Aleem Khan previously ran the structured trade finance business for StanChart MENA and Americas.

Qatar Airways Launching Edinburgh Flights Next May

Scottish city will be Qatar’s third UK destination and means the country’s two key cities will shortly be served by two Gulf carriers.

Young Saudis Getting Creative On YouTube

With a population of 28.3 million, Saudi Arabia is now the biggest user of YouTube per capita in the world.

Boeing Set To Win Orders Duel At Dubai Airshow

Airbus was always playing catch up after the dramatic first day which saw four Gulf carriers place major Boeing orders

Dubai Expo 2020 Win May Create Economic Bubble – Survey

A majority of investment professionals in the UAE believe that a successful bid may lead to an economic bubble, finds CFA Society survey.

Saudi Arabia Welcomes U.S. Shale, Sees No Need To Cut Output

The North American shale oil surge has helped arrest the rise in crude prices over the last year.

Nakheel Launches 500 Plots In Dubai-Based Al Furjan Project

The plots are priced between Dhs1.1 million to Dhs3.3 million, the developer announced.

Abu Dhabi’s Aldar To Start Sukuk Roadshow On Nov.21

The developer will hold investor meetings in the UAE, Singapore, London, Hong Kong and Switzerland.

Dubai’s Property Market Not “Overheating” – Cluttons

New government regulations in the emirate are starting to take effect, says new report.

Kuwait To Grant Africa $2bn In Development Loans, Investments

The soft loans will be granted through the Kuwait Fund for Arab Economic Development, said emir Sheikh Sabah al-Ahmed al-Jaber al-Sabah

Dubai Airshow: We Could Have Bought 10 More A380s, Says Emirates

The Dubai-based airline placed a record $23 billion order for 50 of the jumbo A380 jets at the Dubai Airshow

Dubai Airshow Day 3: Order Book Exceeds $200 Billion

The Dubai Airshow 2013 has set the record for the highest value of aviation deals signed at one event.

Iraqi Airways Strikes $387m Deal With Bombardier

Deal designed to fuel network growth and foster the country’s ongoing reconstruction.

Dubai Airshow Marks Shift In Power

The Dubai Airshow 2013 has marked a tipping point for the industry, as airline bosses are now in control.

Qatar To Issue New Labour Laws After Abuse Allegations

Qatar has pledged to renew its policies and ensure that migrant workers’ rights remain intact.

Qatar Exchange Cancels Day’s Trades After Technical Problem

The exchange has said it hopes to resume trading as usual on Wednesday.

Kuwait To Grant Africa $1bn In Development Loans

The loans would come on top of investments by Kuwaiti companies in a number of sectors.

Mubadala To Service Rolls Royce Trent XWB Engines

Abu Dhabi’s Mubadala aims to be among the world’s top three manufacturers of composite and metal parts for aeroplanes by 2020.