Abu Dhabi’s Aldar Investments appoints new CEO, signs Dhs1.2bn deal with Etihad

The Abu Dhabi firm will acquire full ownership of Etihad Plaza and Etihad Airways Centre

Oil up on Saudi, Russia meeting

Saudi to boost oil exports to China with strategy shift

Saudi has been surpassed by Russia in the past three years as the top crude supplier to China

Standard Chartered gets approval to open unit in Saudi Arabia

Saudi currently has 27 banks operating in the kingdom, 15 of which are foreign banks

UAE, Kuwait, Oman could co-host expanded Qatar 2022 World Cup if rift resolved

FIFA is expected to decide next month whether it will expand the World Cup in Qatar from 32 to 48 teams

UAE’s ADNOC signs agreements with South Korean energy companies

The deals cover upstream, downstream and bunkering opportunities

Senior Abu Dhabi businessman Abdullah Mohamed Al Masaood dies

He served as the chairman of the Al Masaood Group until March 2017

Saudi smartphone women Inside Riyadh's Kingdom Centre Shopping Mall

Saudi smartphone market fell 15.3% in 2018 – IDC

A reduction in government subsidies and the implementation of expat dependent taxes have all hit the market

Developer of Dubai’s Heart of Europe project to hire 1,500 staff in H1 2019

The company said its workforce grew from 878 staff in January 2018 to 1672 by the end of December last year

Saudi Aramco CEO says oil industry facing ‘a crisis of perception’

The oil industry must “push back on exaggerated theories like peak oil demand”, said Amin Nasser

Abu Dhabi Crown Prince begins two-day South Korea visit

Sheikh Mohamed will discuss bilateral issues with South Korean President Moon Jae-in

UAE’s Emirates Steel CEO sees challenges in 2019

A slowdown in the regional construction sector, surge in iron ore prices and market protectionism have hit the industry

UAE labourer wins McLaren supercar when renewing his mobile registration

Balvir Singh, an Indian national, became the lucky owner of a McLaren 570S Spider

Bahrain, Manama, Cityscape view of Bahrain World Trade Center and Bahrain Financial Harbor

Bahrain sees budget deficit falling to $1.6bn in 2020

The GCC state released a plan last year to fix its debt-burdened finances after securing a $10bn Gulf aid pledge

UAE announces Dhs32bn housing plan for citizens

The income limit for those eligible for a housing loan has been increased to Dhs15,000 a month

UAE to host Libyan meeting to try reopen El Sharara oilfield

The 315,000 barrel-a-day El Sharara field has been closed since state guards and tribesmen seized it in December

Trump thanks UAE for its help in freeing US hostage Danny Burch in Yemen

Danny Burch, an American oil worker was abducted in 2017

Dubai’s Emaar Malls fully acquires online fashion retailer Namshi

The Dubai firm paid Dhs475.5m to acquire the remaining 49 per cent in Namshi from GFG

Watch: UAE astronauts get winter survival training in Russia ahead of space visit

One of the two Emirati astronauts will travel to the International Space Station (ISS) on September 25, 2019

Dubai’s SellAnyCar.com hires bank to advise on possible stake sale

The company is fundraising to expand and increase the number of products it offers

Dubai’s Emaar launches new Arabian Ranches project with units priced from Dhs1.4m

Arabian Ranches III will have townhouses along with a massive central park, a lazy river and a cricket pitch

Saudi oil exports up 12.7% in December

The value of Saudi non-oil exports rose 11.8 per cent in December

Indian actor Shah Rukh Khan again features in Dubai Tourism ad campaign

The six-part series shows the Bollywood actor on a treasure hunt across the city

UAE weather update: Rains expected with a drop in temperatures

Strong winds are expected to lower visibility across the country

Saudi crackdown on illegal residents, workers sees over 2.6 million arrests

The kingdom has warned of strict penalties for hiring and sheltering illegal residents

Abu Dhabi Islamic Bank appoints new CEO

Mazin Khairy Shaker Manna will take on the role from the first week of March

Dubai-bound plane from Dhaka faces hijacking attempt, suspect dies

The gunman was “mentally unstable” and asked to speak to the PM, officials said

Burj Khalifa[2] dubai

Dubai receives 15.92 million international visitors in 2018

Tourist numbers from China rose 12 per cent last year

Worker dies after crane collapses in Abu Dhabi construction site

The incident took place on Sunday at the Al Raha beach area

UAE’s ADNOC seals $4bn pipeline infrastructure deal with KKR, BlackRock

A new entity called ADNOC Oil Pipelines will lease the oil firm’s interest in 18 pipelines

Saudi central bank governor says does not expect more bank mergers for now

Ahmed al-Kholifey said liquidity in the market was ‘strong’