Prices declined for seven consecutive months prior to April
The news follows extreme weather conditions in March that closed airports and schools, damaged buildings and caused flooding in parts of the country
A joint coordination council is being set up to target the investment
Ooredoo Kuwait already reported a 356 per cent rise in first-quarter profit
The case is believed to be the first carried out under new hate crime laws
Investors say that devaluation pressures have not gone away, even though Saudi Arabia has unveiled a sweeping reform package.
Members of the royal family, government officials and journalists are among those thought to have had bank details leaked online
Reforms envisage Aramco transforming itself from an oil and gas firm into a “global industrial conglomerate”
Emirate expected to enter top 10 global cities in terms of room supply
The new strategy will cut costs and reduce construction times, Dubai ruler Sheikh Mohammed said
Budgetary pressures may delay the sale, according to manufacturer Lockheed Martin’s chief executive
Standard & Poor’s said there was no sign of market improvement
Four zones will feature numerous attractions and food options across the park
Factors including affordability concerns, job losses and low oil prices are dampening the market, Cluttons said
The development will allow daredevils to venture to the edge of the roof in nothing but a harness
Telecommunications operator reports a rise of more than 350 per cent, hitting $33.84m in the first quarter of 2016
The new rules are designed to reduce queues at border points
Saudi capital sees year-to-year sales prices and rental rates fall
New rules follow an incident at Dubai International in 2015
The unit reported growth in rental income during the quarter
Islamic Corporation for the Development of the Private Sector said the emirate was a leader in the Islamic bond sector
The judge presiding over the case in Qatar said defendants should pay blood money to families of the 19 victims
Dubai Tourism released official figures showing a 5 per cent rise in overnight visitors in the first quarter of 2016
Deputy Crown Prince Mohammed bin Salman announced plans to turn the kingdom into a global investment power
King Salman announced that the kingdom’s cabinet had agreed to the reform plan, with details coming later
Beauty blogger has 12.7 million followers on the platform
A three-day strike by oil and gas workers ended last Wednesday
Six months ago the IMF warned that budget reforms being considered by most of the Middle East’s oil exporters were likely to be inadequate
New 2040 vision plans to increase tourism contribution to GDP
The new additions, which cater to specific musical tastes, are positioned under the company’s existing brands