Abu Dhabi’s airports, ports and power firms moved to new holding company

The holding company will make it easier for the seven state-owned firms to raise debt and improve services

Iranian naval mines likely used in UAE tankers attacks – Bolton

The UAE has not yet blamed anyone for the sabotage of four vessels

Abraaj founder Naqvi released on bail from UK court

Naqvi was released after paying the 15m pound conditional bail – the largest ever ordered by a court in the UK

UAE hikes petrol prices for the fourth month in a row in June

The UAE links fuel prices to movements in international oil rates

Dubai’s Emirates warns of airport rush with thousands expected to travel during Eid

The busiest time for departures in Terminal 3 will be on Friday, May 31, with over 80,000 passengers travelling abroad

Commercial Bank of Dubai responds to reports of merger

The bank said there are no discussions concerning “mergers, acquisitions or activities of a similar nature”

UAE economic growth expected at 2% in 2019 – central bank

Economic growth from the oil sector is expected to be 2.7 per cent, against 2.8 per cent last year, because of lower production

Burj Khalifa[2] dubai

UAE to amend, waive fees for over 1,500 government services

The move covers services provided by the ministries of Interior, Economy and Human Resources and Emiratisation

Free parking in Dubai for Eid, RTA reveals public transport timings

Metro and bus timings have been extended for the Eid holidays next week

Trump’s national security adviser John Bolton arrives in UAE for talks

Bolton said last week that the US had “deep and serious” intelligence on threats posed by Iran

Bahrain misses key fiscal adjustment goals with 2019-2020 budget

The fiscal adjustment programme is linked to a $10bn bailout received from its Gulf allies

Dubai’s Careem acquires bikeshare company Cyacle

Cyacle is a fully-automated docked bikeshare service currently operating in Abu Dhabi

UAE residence visa

UAE reveals prices for long-term residency visas

The UAE has started handing out five and 10-year residency visas to select expats this year

Dubai’s ENOC to add 110 new petrol stations in Saudi by 2030, create 500 jobs

The new service stations will be located in different areas across the kingdom

Eid Al Fitr holidays announced in Oman

The holidays for both public and private sector workers begin on Tuesday

Emirates to screen football finals live on flights to and from England

The finals of the UEFA Europa League will be shown live inflight on May 29 and the Champions League final on June 1

Eight die after car rams into crowd in Kuwait

The car rammed into a crowd of people who were gathered around the site of another minor accident

UAE’s Sheikh Khaled “agrees terms” for Newcastle United football club

The Dubai-based billionaire has “agreed terms” for the English Premier League club, according to representatives

UAE’s Gulf Capital eyes acquisitions, plans new fund

The private equity firm bought a 70 per cent stake in health aesthetics firm Medica

Saudi official clarifies that public decency laws are yet to be enforced

Media reports had stated that the 10 rules took effect in the kingdom on Saturday

Kuwait oil minister sees balanced oil market towards end 2019

There are still uncertainties around oil demand growth

Thousands of children granted UAE citizenship

Emirati women married to foreign fathers can apply for UAE citizenship for their children when they turn six years old

Saudi miner Ma’aden considers $5bn rights issue

Ma’aden is reportedly planning to use the proceeds to help it finance potential acquisitions

Dubai’s Sikh gurudwara cooks Ramadan meals for Muslims

The temple is offering the meal for Muslims breaking their fast every evening

Dubai reveals promotions, events lined up for Eid

From fireworks to entertainment acts, Dubai will host a series of events next week

UAE ministry clarifies overtime pay during Ramadan

Timings for public and private sector companies have been reduced during the holy month

Iran, Israel and Qatar will participate in Expo 2020 Dubai – officials

The emirate expects 11 million foreign visitors to attend the six-month long event

China’s East Hope Group considers $10bn investment in UAE

The Chinese manufacturing company is working with Kizad to develop industries over 15 years in a three-phase plan

Saudi trainee pilot missing in Philippines, search underway

Abdullah Al-Shareef and his Filipino trainer went missing when they were flying around Occidental Mindoro island on May 17

Eid Al Fitr holidays announced for Dubai schools

Schools in Dubai will stay closed for one week for Eid