UAE site Bayut’s parent company closes $100m funding round

The round was led by KCK Group with eight other investors participating, including Exor Seeds

Saudi says not seeking death penalty against female activist Israa al-Ghomgham

Israa al-Ghomgham was arrested along with her husband Mousa al-Hashim in December 2015

Off-plan residential property sales in Dubai fell by 30% in 2018

Most off- plan inventories are now focused on the affordable and low to mid-market options, finds report

Pics: Sheikh Mohammed tours historic site in Saudi

Mada’in Saleh in Saudi’s Al-Ula province is an archeological site featuring carvings by the Nabataean civilisation

Rains, strong winds forecast in the UAE with temperatures set to drop

Authorities have warned that strong winds will cause rough seas with waves reaching 6-10 feet in height

UAE’s ADNOC awards Occidental Petroleum onshore exploration block

Occidental will have a 35-year concession and invest $244m during the exploration phase of the block

Sheikh Mohammed: Looking forward to Pope’s ‘historic visit’ to the UAE

Pope Francis arrives in the UAE on Sunday and is here until Tuesday

Airbus A380 under threat as Emirates weighs rejigged order

Emirates announced the lifeline order for up to 36 superjumbos worth as much as $16bn at list prices a year ago

UAE’s Noor Capital says it bought 3 tonnes of gold from Venezuela

President of the South American country, Nicolas Maduro, has been looking for ways to keep his crisis-stricken government solvent

Saudi and Kuwait remain top picks for cautious Mideast funds

One third of fund managers expected to increase their allocations to regional equities over the next three months

Four ways to keep your employees healthy this flu season in the UAE

Doctors in the UAE say the current flu season is one of the worst in recent years

Pics, video: Dubai Holding unveils new mega project Downtown Jumeira

The centrepiece of the development will be a 500 metres tall tower called Burj Jumeira

Filipina maid executed in Saudi on murder charges

Officials said her case could not be settled with “blood money”

Saudi sisters who died in the US ‘did not commit suicide’, says father

The bodies of the sisters were found washed up near a river in New York last October

Emirates Global Aluminium secures $6.5bn loan

The loan refinances an existing $4.9bn debt facility agreed in December 2015 and a $1.8bn loan raised by Dubai Aluminium

Saudi economy grows 2.21% in 2018, modest growth seen in 2019

The kingdom recovered from a contraction in 2017, when the economy was hurt by weak oil prices and austerity measures

Pope: UAE visit marks ‘new chapter in the history of inter-faith relations’

The Pope is set to make a landmark visit to the UAE from February 3-5

New five-star hotel set to open in Dubai Media City in March

Grand Plaza Mövenpick Media City features 235 rooms and suites

UAE telecom operator du announces CFO resignation

Amer Kazim will remain with the company until the end of the first quarter of 2019

Dubai contractor Arabtec wins Dhs169m Expo 2020 contract

The latest contract marks Arabtec’s third award from Dubai Expo 2020

Kuwait parliament national assembly

Kuwait parliament expels two lawmakers sentenced to jail terms

The duo had been sentenced to five years in prison after forcing their way into the parliament building in 2011, but were not taken into custody

Saudi intercepts missile fired towards Abha

The kingdom has been targeted by hundreds of missile attacks since entering the Yemen civil war in 2015

Saudi-led coalition ready to use ‘calibrated force’ to push Yemen port deal – UAE

Coalition forces have so far held off from a full-blown assault due to humanitarian concerns

Saudi winds down 15-month anti-corruption campaign

The kingdom said had recovered more than $106bn through settlements with senior princes, ministers and top businessmen

Dubai’s Laguna waterpark to close for three weeks in Feb

The park, which opened last year, is closing for annual maintenance

Abu Dhabi’s ADNOC inaugurates first service stations in Dubai

The three new stations were opened in December as part of ADNOC Distribution’s expansion drive, along with the company’s first two stations in Saudi Arabia

Emirates Steel signs Dhs1bn agreement with Abu Dhabi Ports

The agreement will be implemented in January 2021 and will extend over the following 10 years

UAE petrol prices to drop in February

Petrol prices will be cut by roughly 2.5 per cent compared to January

At least 12 people killed due to floods in Saudi as severe weather continues

Officials said 271 people across the kingdom were rescued from flooding in the last three days

UAE declares holiday for private sector workers attending Pope’s mass

The Papal mass is taking place on Tuesday, February 5 at the Zayed City stadium in Abu Dhabi