The Gulf nation plans to lower its debt and review state companies
All passengers entering Bahrain will be tested at arrivals
The stock has lost 68 per cent since the Muddy Waters report on December 17, and is the worst performer this year in the UK’s benchmark FTSE 100 Index
The kingdom aims is to draw 100 million visits a year by 2030
The move come amidst efforts to contain the spread of the coronavirus outbreak in Iran
Its global multifamily property portfolio is currently valued at approximately $2.3bn
A total of 557,430 motorists benefitted from the previous initiative announced in February 2019
The launch will enable Chinese tourists to transact seamlessly with Network International’s merchant network in the UAE via their WeChat mobile wallet
Saudi British Bank, which is 29 per cent owned by HSBC, completed the acquisition of Alawwal Bank last year to create the kingdom’s third-largest lender
Bahrain reported a citizen who had arrived from Iran as its first case of the coronavirus infection while Kuwait reported three confirmed cases of the virus
The UAE economy grew 4 per cent in the second quarter of 2019 while the fourth quarter posted the lowest growth figure of 1.3 per cent
Spring holidays for government and private schools that follow the ministry’s curriculum across the UAE will begin on March 29 and end on April 11
Residents were evacuated after a fire broke out at the building on Thursday night
The 2019 visitor figures grew 10.5 per cent year-on-year
Of Saudi Arabia’s 33 insurance companies, 10 made a loss last year, with the bulk of profits being earned by two companies — Bupa Arabia and Tawuniya
Abu Dhabi Islamic Bank is seeking to save about Dhs500m by cutting jobs and closing branches
Central banks in Indonesia, Mexico, Turkey and South Africa have cut rates this year
The acquisition will integrate the strengths of both firms to create a robust cyber security unit that would, in turn, bolster Etisalat Digital’s portfolio of digital security services
Careem will operate 1,750 bicycles and install 175 stations during the first two years, later increasing them to a total of 3,500 bicycles and 350 stations over the next five years
South Korea confirmed there have been four deaths among coronavirus patients, with the total number of cases reaching 556
Madar includes a cluster of attractions including a children’s adventure area and a food zone
Holiday home owners in the emirate will now have to pay a tourism fee amounting to 6 per cent of the guest’s bill
The instant licence service enables businessmen to obtain a commercial license within five minutes
The UAE has so far reported a total of 13 cases of the virus, with three having fully recovered
Jafurah will likely produce about 130,000 barrels a day of ethane, close to 40 per cent of the kingdom’s current production and around 500,000 barrels a day of gas liquids and condensates, representing about 34 per cent of the output
The highest ranked Arabs originating from Kuwait in Gulf Business’ annual Arab power list
Global ride-sharing app Uber is looking to expand its presence in the region, says Tino Abdellatif Waked, general manager at Uber MENA
Sheikh Khalifa reviewed the development being carried out at the reserve
The ‘KYC Blockchain Consortium’ will facilitate faster and more secure exchange of digital customer data and documents through the blockchain technology
Huawei has signed 77 5G contracts globally, of which 12 are in the Middle East