Saudi Aramco concerned over Gulf attacks, has capacity to meet demand – CEO

Recent tanker attacks in the Gulf have raised fears about safety of the shipping route and pushed up oil prices

Abu Dhabi airline Etihad to launch flights to Egypt’s Alexandria during summer

The airline will operate four-time weekly flights to Alexandria from July 2 to August 31

Abu Dhabi’s Aldar partners with Anarock Group to access Indian market

The partnership aims to provide Indian investors with direct access to Aldar’s portfolio in Abu Dhabi

Amazon to hold ‘Prime Day’ shopping sale in the UAE next month

Amazon launched its paid subscription service Prime in the UAE earlier this month

Pompeo meets Abu Dhabi Crown Prince, discusses Iran

The US secretary of state also held discussions with Saudis King Salman and Crown Prince Mohammed bin Salman

Two children die in Fujairah house fire

The Emirati children, aged 3 and 5, died of smoke inhalation

Abu Dhabi’s ADSS CEO to leave brokerage

Philippe Ghanem will be leaving the firm shortly to pursue new opportunities

Abu Dhabi’s Aldar says over 75% of its Alreeman II project’s phase one sold out

The Dhs1.7bn master-planned residential community offers land plots for sale exclusively to UAE nationals

Saudi’s stock market falls for a fourth day on geopolitical concerns

Saudi’s index fell 0.8 per cent with nearly all its banks slipping

Pompeo meets Saudi King in Jeddah, discusses Iran crisis

Tensions between the US and Iran have escalated in recent weeks

Twitter founder Jack Dorsey in Dubai as part of global tour

Dorsey met with Dubai’s deputy ruler Sheikh Maktoum bin Mohammed

UAE residence visa

Another Indian businessman gets 10-year UAE residency visa

Dhananjay Datar, chairman of Al Adil Trading, received the long-term visa on Sunday

UAE telco du, Bahrain’s Batelco to form infrastructure platform

The 50:50 joint venture will help in “delivering connectivity and data centre services across the region”, du said

Dubai plane in fatal crash was flying ‘too close’ to larger aircraft – investigation

All the four people on board the small plane died when it crashed last month

Saudi Crown Prince to visit South Korea this week

The two countries are expected to sign agreements to promote cooperation in energy and public service

UAE central bank focuses on real estate in anti-money laundering efforts

The bank will use a new anti-money laundering reporting platform starting from the end of June to identify illicit transactions

One dead, 21 wounded in Houthi attack on Saudi airport

A suspected drone reportedly hit the parking lot in Abha airport

Tensions with Iran can be addressed ‘only’ politically – UAE minister

Anwar Gargash says it is essential to find “political solutions through dialogue and negotiations”

Revealed: What UAE residents need to do if they lose their passports abroad

A valid passport is required to travel back to the UAE

China’s Silk Road Fund acquires 49% stake in Saudi’s ACWA Power unit

ACWA Power and Silk Road Fund have previously co-invested in two UAE-based projects

Saudi officially launches ‘green card’ residency scheme for expats

The Saudi cabinet approved the scheme last month, but the online portal to apply was only opened to the public on Sunday

Sharjah Islamic Bank eyes double-digit loan growth, up to $500m bonds

SIB had total assets of Dhs44.7bn as of the end of last year

Burj Khalifa[2] dubai

Dubai issues close to 2,600 new business licences in May, creating over 8,300 jobs

Real estate, leasing and business services accounted for 35 per cent of the new licences issued in May

Sheikh Mohammed approves Dhs2bn Dubai–Al Ain road improvement project

The project will enhance the road’s link with several highways

Etihad warns of delays after suspending flights over Strait of Hormuz, Gulf of Oman

The move comes amidst growing tensions between the US and Iran

Trump talks to Saudi Crown Prince on Iran, oil

Tensions with Iran prompted a rise in oil prices

Saudia shifts flights away from Gulf of Oman, Strait of Hormuz

Iran shot down a high-altitude, unmanned U.S. drone last week

Understanding DIFC’s new insolvency law: What kind of an impact will it have?

The new regulation will certainly promote entrepreneurialism, but its impact will be more far reaching

Mitigating financial crime risk in the UAE

Banks can build more robust anti-money laundering and sanctions compliance frameworks through the effective use of technology

Saudi Arabia says Iran has created “very grave” situation in the region

The kingdom is consulting with allies on next steps, says minister