Expats account for over 75% of the jobs in Saudi’s labour market – report

Saudi nationals represented about 24.4 per cent of the workforce

Abu Dhabi’s Sanad Aerotech seals $6.5bn Rolls-Royce engine repair contract

Sanad Aerotech will provide overhaul services for Trent 700 engines until 2027 under the deal

Dubai’s Emirates will soon replace all plastic straws onboard flights

As of June 1, eco-friendly paper straws have been introduced on Emirates flights

Abu Dhabi’s ADNOC, OCI partner to create MENA’s largest fertilizer producer

The JV will become the largest export-focused nitrogen fertilizer platform globally

Dubai finalising project to issue business licences without residency

Dubai’s DED issued 9,489 business licences between January to April, up 35 per cent year-on-year

Saudi has no plans to permit public sale of alcohol – report

A media report had said the kingdom was mulling the possibility of lifting its ban on alcohol

RBS says Saudi bank merger boosts its core capital

The merger between Alawwal bank and Saudi British Bank has been completed

Free SIM cards for tourists visiting Dubai

Valid for one month, the du SIM card will come with complimentary talk time and data

Saudi Arabia hires Goldman, SocGen for bond meetings in Europe

The kingdom is considering issuing its first euro-denominated bonds this year

Burj Khalifa[2] dubai

Business activity in Dubai’s private sector grows at strongest rate since 2010

Employment growth continued to remain marginal in May

Blast-hit tankers to be assessed off UAE coast

Japan’s Kokuka Courageous and Norwegian tanker Front Altair were attacked on Thursday

Six-year old dies after being left behind on Dubai bus

The child was heading to a Quran memorisation centre in Al Quoz

Dubai-based Emirates Investment Bank appoints interim CEO

Former CEO Khaled Sifri resigned from his role in May

SAUDI-CONFLICT-YEMEN-COALITION

Saudi intercepts another Houthi drone headed towards Abha

The Houthis have stepped up attacks against the kingdom in recent times

UAE foreign minister: De-escalation efforts in the region after tanker attacks

Sheikh Abdullah urged regional and international allies to confront the threats using peaceful means

Saudi to finalise $533m privatisation deals this year – Crown Prince

The expected deals will be in sectors that include rain silos, medical and shipping services

Dubai’s DEWA launches tender for 900MW fifth phase of mega solar park

The fifth phase of the solar park will be commissioned in stages starting from Q2 2021

Saudi Crown Prince calls for “decisive stand” on tanker attacks

“The kingdom does not want a war in the region but it will not hesitate to deal with any threats to its people” – Saudi Crown Prince

Travel 4.0: Are GCC hotels ready for the youth?

When they travel, the region’s youth have a different set of expectations in mind. Are the GCC’s hotels fulfilling their needs?

Four ways to market your healthcare clinic in the UAE

Paid promotions are just a small part of the overall marketing mix

Saudi air defence intercepts five Houthi drones in airport attack

The drones targetted the Abha regional airport in southern Saudi Arabia

Different Arab money

Tanker attacks cause jitters among GCC bond investors

The tensions have hit regional stock markets at a time of strong performance

All UAE government entities need to have at least one Emirati below 30 on the board

The move will ensure that the voice and views of Emirati youth are part of government work

Dubai’s Emaar opens new 160-room Vida Emirates Hills hotel

Vida Emirates Hills is located in walking distance of Emirates Golf Club and Address Montgomerie

Two tankers struck in suspected attacks in Gulf of Oman

An investigation is currently underway

Dubai’s DIFC enacts new employment law, introduces paternity leave

Penalties have also been introduced to ensure adherence to basic conditions of employment, visa and residency sponsorship

Over 3.9 million used public transport in Dubai during the Eid holidays

The majority of people – at close to 1.6 million – used the Metro

UAE, Germany call on Iran to refrain from escalating tension

The statement comes after the Abu Dhabi Crown Prince’s official visit to Germany

Dubai’s property developer The First Group in talks for financing

The firm is looking at potentially issuing US dollar-denominated sukuk

Abu Dhabi’s Aldar launches Dhs1.7bn residential project for UAE nationals

The prices start from Dhs690,000 per villa plot