DP World acquires marine logistics provider Feedertech Group

DP World has a portfolio of more than 150 operations across 50 countries in six continents

Dubai Eye’s ‘Business Breakfast’ host Malcolm Taylor passes away

The long-term resident of the Middle East first visited Dubai in 1972

Ajman Free Zone ties up with LinkedIn to draw in investor interests

The agreement also includes Ajman Free Zone using the LinkedIn platform as a talent acquisition tool

Kuwait bans hiring of domestic workers from several countries

The list of countries from which domestic workers are banned, includes two Asian countries and 25 African ones

Arqaam shuts South African office as brokers pare back research

The company has been in Johannesburg since 2014

Dubai’s dnata to acquire remaining 50% shares in UK-based Alpha LSG

Alpha LSG has revenues of more than £290m, and employs 3,500 people in the UK

Saudi Arabia’s Prince Miteb passes away

Prince Miteb – the brother of Saudi Arabia’s King Salman bin Abdulaziz Al Saud – was born in 1931

More than 2,200 Omanis lost their jobs in 2019

The employees layoffs were from 18 main companies in Oman

Kuwait bourse IPO more than 8.5 times oversubscribed

The IPO of 50 per cent of the bourse to local citizens follows a 44 per cent sale earlier this year to a consortium of investors

Kuwait to invest as much as $1bn in Saudi Aramco IPO

Saudi Arabia is looking to raise more than $25bn by selling a 1.5 per cent stake in the world’s largest oil producer

Dubai’s DFSA, Luxembourg financial regulator sign agreement

This cooperation is Dubai Financial Services Authority’s eighth fintech agreement

UAE named top oil exporter to Japan in October

The UAE exported 32.24 million barrels of crude oil to Japan in October

Saudi Arabia takes over G20 presidency

Saudi Arabia will host the G20 Leaders’ summit on November 21 and 22, next year, in its capital Riyadh

Abu Dhabi’s Masdar to develop 400MW solar power projects in Armenia

Armenia has committed to produce 30 per cent of its electricity from renewable sources by 2025

UAE flag sets new world record to mark National Day

Skydivers are seen spreading the UAE flag in the air

Saudi Arabia’s cement industry on a growth trajectory

Cement production in the kingdom has been rising in the past three months

Select repair shops must obtain license to operate in Oman

Repair shops for refrigeration equipment, air conditioners and other equipment should secure a license in the sultanate

Dedicated lane for emergency and transport vehicles in Abu Dhabi

The new traffic rule is effective from Sunday, December 1

Dubai Gold and Commodities Exchange posted over 21.85 million contracts between Jan-Nov

The contracts, for the first 11 months of the year, valued in at over $400bn

Dubai’s Azizi Developments orders Tesla’s Cybertrucks for customer site visits

Azizi will use the vehicles to take its customers on site visits to its developments across Dubai

Aramco IPO bids reach $44.3bn as retail offer closes

The Saudi government plans to raise more than $25bn by selling a 1.5 per cent stake of the oil giant

Dubai’s flydubai leases Boeing 737-800s ahead of busy travel period

The leased aircraft will operate on select routes including Bahrain, Colombo, Faisalabad, Karachi, Kuwait, Muscat, Multan, Prague and Sialkot

State of UAE’s off-plan market: soaking up current and future supply

As developers and government initiatives in the UAE continue to pick up pace, it is anticipated that investors will soak up the supply entering the market

Explainer: Is it a good time for international FMCGs to expand in the GCC?

Krishan Kumar Chutani, CEO of Dabur International, says that despite growing competition and changing consumer tastes, the regional market offers strong potential for growth

Women set to carve a niche in the GCC’s telecom industry

More women are entering the GCC’s telecommunications industry. But there’s still a long way to go

Bahrain’s Bank ABC launches digital, mobile-only bank

The digital bank is to be introduced across the MENA region

UAE hikes petrol prices for December after three months of cuts

The price of diesel has been kept steady

Suspected drone activity diverts flights from Sharjah airport

Six Air Arabia flights were rerouted to Ras Al Khaimah

Former Dubai editor who killed his wife has jail sentence reduced to seven years

Francis Matthew was found guilty of hitting his wife on the head with a hammer and killing her in July 2017

UAE’s ADNOC launches new loyalty programme

The ‘Fuel Up and Fly Off’ offer will give customers an opportunity to win round-trip tickets with Etihad