Dubai’s RTA considers autonomous vehicle deployments at metros, malls

The RTA launched its third trial of an autonomous vehicle system on Saturday

Oman’s National Gas Company terminates CEO

S&P downgrades outlook for Oman to ‘negative’

Oman’s fiscal consolidation could take longer than expected, says rating agency

Six projects worth $212m approved in Riyadh, Jeddah

The projects cover maintenance of public areas and new computer systems

Saudi sets aside SAR100bn to settle delayed private sector payments

The payment delays have seriously damaged some companies

UAE leaders condole death of Saudi prince

The Saudi prince passed away on Saturday morning

How to sell your UAE healthcare company

The steps involved in selling your healthcare company and why an experienced team is invaluable

Kuwait public sector to cut “unnecessary” expats

900 Kuwaiti public sector workers suspended over poor attendance

One worker allegedly received his salary for 10 years despite absence

Profit at Abu Dhabi's Mubadala climbs 12.4%

Abu Dhabi fund Mubadala may invest in Russian vegoil, rice firms

Russia’s agriculture and food production sector has been growing

Saudi reveals new measure to regulate foreign worker recruitment

The kingdom is appointing labour attaches in countries such as India and Philippines

Qatar to ban alcohol from streets, public places during 2022 World Cup

The head of the country’s organising committee has also said he is against alcohol sales in stadiums

UAE to introduce ‘happiness’ programme in private sector

The programme was recently implemented in the public sector

Long-term oil demand outstrips supply – UAE energy minister

Oil companies should invest in the market when prices remain low, says Suhail Al Mazrouei

Kuwait Petroleum and Oman Oil sign Duqm Complex deal

The MoU could see Kuwait Petroleum takeover from IPIC as a joint venture partner in the project

Dubai’s DEWA confirms start of construction on 2,400MW coal plant

The Hassyan power station is being constructed by the ACWA Power and Harbin Electric consortium

Sheikh Mohammed officially unveils Dubai Canal

Canal and promendade expected to attract 30 million visitors

Dubai property market transactions drop in Q3 – report

Sales prices in both villa and apartment sectors fell by around 1 per cent

Dubai firms remain ‘cautious’ on hiring despite strong growth

Dubai’s private sector economy registered an improvement in business conditions in October

Sheikh Mohammed, Saudi king congratulate Trump

Donald Trump beat rival Hillary Clinton to win the US election

Dubai Canal to be inaugurated tonight

The 3.2km waterway stretches through key areas including Business Bay, Safa Park, Al Wasl Road, Jumeirah 2, Jumeirah Road

Dubai airline Emirates H1 net profit slumps 75%

The world’s largest carrier of international passengers reported a profit of Dhs786m

New Kuwait agenda to include public sector wage cuts

Plans to cut government oil worker benefits resulted in a three-day strike earlier this year

More consolidation in the UAE energy sector – minister

Lots of consolidation has been announced in the ADNOC group

Oman Chamber says employee health insurance to become mandatory in 2018

Companies in the country have recently been reducing or retracting health cover due to tougher economic conditions

UAE to have new framework for public-private partnerships

The documentation will be used instead of drafting a new PPP law

Saudi Oger seeks payment freeze on $3.5bn local bank debt – sources

The construction giant could now seek one of the largest debt restructuring deals in the Gulf since 2014

Dubai’s Emaar Properties Q3 profit up 36%

Chairman Mohamed Alabbar said the company had focussed on efficiency to drive profitability this year

Danube launches $109m Dubai residential tower

Handover of the firm’s first property is expected soon

London’s King’s College Hospital appoints Dubai CEO, plans liver transplant procedures

The 100-bed hospital, first announced last year, is due to open in Q4 2018

Commercial Bank of Dubai names Saudi Hollandi’s Linder as CEO

Van Linder will replace Peter Baltussen, whose retirement was confirmed by the bank last month

UAE’s ADNOC, Occidental to expand Al Hosn capacity by 50%

ADNOC holds a 60 per cent share in the Al Hosn joint venture