Dubai’s DIFC sees over 1, 220 new jobs, 430 new company registrations in 2018

The total number of active registered companies operating in the centre has reached 2,137

Bahrain’s Bapco sees oil trading opportunities as it expands refinery

The state-owned oil company plans to boost the capacity of its Sitra oil refinery to 360,000 bpd from the current 267,000 bpd

Abu Dhabi’s Etihad to deploy Dreamliners to Rome, Frankfurt

The airline’s new two-class Boeing 787-10 will be introduced on its daily morning service to Rome from June

Saudi says no current plans to raise Islamic tax for private sector

A media report suggested that the kingdom was considering raising zakat to 20 per cent from the current 10 per cent

UAE energy minister says will continue supply cuts until market is re-balanced

OPEC and major non-OPEC producers such as Russia have pledged to reduce their oil production

Dubai’s RTA says construction of Route 2020 metro project is 70% complete

All rail works of Route 2020 are scheduled for completion by May 2019

Sheikh Hamdan reveals plan to create freezones in Dubai universities

The plan will allow students to carry out business and creative activities during their education

Saudi court approves detained tycoon Sanea’s bankruptcy filing

Creditors have spent 10 years pursuing Maan Al Sanea and his company Saad for claims estimated to be between $11bn and $16bn

Saudi’s Falih: US, China driving oil demand; no April OPEC policy change

The oil minister said total global oil demand is set to grow by around 1.5 million barrels per day

Saudis shoot down drone aimed at kingdom, civilians injured

The drone had been heading towards residential areas in Abha

Responsible AI

The new Gulf economy

How technological advancements could help secure the long term prosperity of the GCC

Dubai Lynx – sessions to watch

As the region’s creative industry prepares for the annual Dubai Lynx festival, we take a look at some of the highlights at this year’s event

Bangladesh eyes $35bn in Saudi investment

Ties between Bangladesh and Saudi Arabia have strengthened in recent years

EU states reject blacklisting Saudi, others over dirty money

Officials said the proposed list “was not established in a transparent and resilient process”

UAE telco Etisalat launches package for transit passengers

Last year, the UAE government announced that will grant free transit visas for 48 hours to passengers

Saudia to resume flights to Athens after over 10 years, to start Marrakesh route

Both the routes will begin in early June

UAE sports chief Romaithi: Asian Football Confederation lacks independence

Mohammed Khalfan al-Romaithi has announced his candidacy for the role of AFC president

Saudi energy minister reiterates Aramco IPO will happen in two years

Falih had said in January that the state oil giant will be listed by 2021

Saudi mulls granting visa-free access to visitors from certain nations

Last week, Saudi Arabia’s cabinet approved electronic visas for foreign visitors to attend sporting events and concerts

UAE warns of misty conditions, rough seas

Similar weather conditions are expected during the weekend

Saudi Aramco seeks to overhaul engines, fuel amid EV hype

Aramco is working on gasoline compression ignition which mixes fuel and air more effectively prior to combustion

Dubai’s DFSA bars expat from working in DIFC for fraud

The financial relationship manager was accused of producing inaccurate information and making unauthorised investments

Dana Gas, Crescent sign 20-year gas sales deal with Iraq’s KRG

The deal will boost the project’s gas output by 63 per cent in two years

Zomato UAE to be shut down, Talabat to take over

Zomato sells UAE operations, more consolidation expected in the market

Zomato’s UAE delivery business will be operated by Talabat, a subsidiary of German firm Delivery Hero Group

UAE reveals Dhs5.8bn of water, energy projects in the northern emirates

Sheikh Mohammed approves the construction of a federal water network linking the Northern Emirates to Abu Dhabi and Dubai

Dubai developer Nakheel’s Q4 profit falls 69%

The developer reported annual profit of Dhs4.38bn for 2018, down from Dhs5.67bn in 2017

Saudi sees up to $21bn investment in 2019 housing sector

Minister says he hopes to raise home ownership to 15,000 new households per month by 2020

Everything you need to know when renting your first house in Dubai

New tenants should be aware about the documents required to rent a property in Dubai

Saudi telecoms firm STC, Huawei complete indoor 5G test

Regional telecoms companies have been regularly conducting 5G trials

Oman’s National Gas Company terminates CEO

Moody’s downgrades Oman to junk, outlook negative

Fitch and S&P had both downgraded Oman to junk earlier