Emirates Strategic Investments, owned by Sheikh Mansour, plans debut dollar sukuk

The company has a portfolio of assets across different sectors in the UAE

Abu Dhabi financial centre ADGM issues regulations for robo-advisers

Robo-advisors provide investment management services using algorithm-based tools and technology

Abu Dhabi’s Aldar offers post-handover payment plans to investors

The new plans will offer investors a full waiver of registration fees and longer payment schedules for six developments

MENA power sector needs $209bn worth of investments until 2023

Regional governments have been accelerating their investment plans with 87GW of capacity additions already at execution stage

Dubai Parks and Resorts posts 4.2% drop in H1 visits

International visits accounted for 40 per cent of the total

Abu Dhabi sovereign fund ADIA to boost active investments in fixed-income

ADIA has been reducing its reliance on external fund managers and boosting in-house investment capabilities

New family sponsorship law for expats in the UAE takes effect

Expats – both men and women – can sponsor their family members if they earn a monthly salary of Dhs4,000 or Dhs3,000 plus accommodation

Kuwait’s economy grows 2.6% in Q1

Oil sector grew at 1.3 per cent in the first quarter and non-oil sector expanded at 4.1 per cent

Saudi rejects claims that it is blocking Qataris from performing Hajj and Umrah

The kingdom says citizens and residents of Qatar are welcome to perform Hajj

Kuwait to issue virtual telecom operator licence

Kuwait’s current telecom providers are Zain, Ooredoo, and Viva

Dubai’s GEMS to meet banks for $1.65bn refinancing

GEMS said last week that a consortium led by CVC Capital Partners had agreed to acquire a 30 per cent stake in the company

RTA to complete road links to Dubai Hills Mall by next year

The project includes the construction of 12 bridges spanning 3,700 metres

UAE’s ministry of economy cancels fees for over 100 services

The ministry has also reduced the fees for some services as part of efforts to boost business activity in the country

Kuwaiti authorities arrest militant cell linked to Muslim Brotherhood – ministry

The arrested people were wanted by Egyptian authorities

Kuwait moves to protect its ports amid Gulf tensions

Relations between Iran and the West have become increasingly strained

Driven by the details: Billionaire UAE businessman Ghassan Aboud on his rise to the top

In an exclusive interview, Aboud reveals how his conglomerate has helped drive humanitarian efforts, and explains why Dubai is the perfect place to start a business

Can I work for two employers in the UAE at the same time?

Everything you need to know about taking on a part-time job in the UAE

Two workers killed in bus accident in the UAE

The accident occurred in Ras Al Khaimah on Thursday afternoon

Dubai Land Department grants long-term residency visas to 20 property investors

The five-year visas were given to real estate investors whose individual property investments exceed Dhs5m

Tourists in Dubai can now get a free 30-day liquor licence

The measure has been rolled out this summer is open to all non-Muslim tourists

Largest aquarium in the Middle East to open in Abu Dhabi by early 2020

The aquarium, now 70 per cent complete, will house 33,000 marine animals

Dubai’s DP World set to raise $1.3bn in bonds and sukuk

The proceeds of the sukuk will be used for general corporate purposes

Dubai bus crash: Driver jailed for 7 years, ordered to pay Dhs3.4m in blood money

The bus crash last month left 17 passengers dead and 13 others injured

Abu dhabi uae capital flag

UAE ministry cuts work permit fees by up to 94%

The move is aimed at supporting business owners and investors in the country

Saudi’s Ataa Educational to raise SAR348m in IPO

Riyadh has been encouraging more family-owned companies to list on the domestic stock market

CVC-led consortium to acquire 30% stake in Dubai’s GEMS Education

GEMS has also launched a refinancing plan that includes loans and bonds

Ajman issues first gold card residence visa

Indian businessman Siddique Pallolathil was the recipient of the permanent residency

Abu Dhabi’s Etihad resumes flights to Sudan’s Khartoum

The airline suspended flights to Khartoum on June 9 due to security concerns

Dubai’s DIFC introduces new licence categories with reduced fees

Four new categories have been announced, primarily targeting non-finance firms

Saudi and Hyundai sign JV to manufacture marine engines and pumps

The venture will be located in the kingdom’s Eastern Province at Ras Alkhair