Emaar requests Dhs 1m for apartment booking in Dubai’s Opera District

Prices at the 77-storey tower range from Dhs 2,800 to Dhs per square foot

Oman’s National Gas Company terminates CEO

Oman mulls opening housing market to expats

Expats can currently only buy property in the sultanate’s integrated tourist complexes

Saudi Arabia seeks partners to build 1.5 million homes

Saudi government offers property developers partnership deals to address a shortage of affordable housing

Final rules due on Saudi Arabia’s undeveloped land tax

The tax will be equivalent to 2.5 per cent of the value of the land held

IMF warns GCC governments to up deficit reduction measures

The fund said an additional substantial deficit reduction effort is required in the region

UAE approves National Tolerance Programme

Programme will be based on seven pillars and is aimed at promoting values of peaceful coexistence

Gulf Air’s losses narrow to BHD24.1m

Bahrain carrier records a 62 per cent reduction on 2014 losses

Starwood to open two new hotels in Riyadh

The properties will be located close to the King Abdullah Financial District

UAE and Saudi Arabia among world’s most attractive retail markets

The two countries are among the top markets for new retail development, according to the consultancy A.T. Kearney

World Bank lowers GCC growth forecasts

The organisation pulled back its growth predictions due to lower than expected oil prices

Abu Dhabi Financial Group to acquire Shuaa Capital stake

The firm was one of three linked to the acquisition in recent weeks

60% of Qatar’s population lives in ‘labour camps’

The findings come following a government census

Expat income tax just a ‘proposal’ – Saudi finance minister

Untaxed salaries are deemed to be one of the country’s main attractions for foreign workers

Qatar and UAE ranked as regional job hubs

The two countries were the highest ranked in the MENA region in a quality of nationality index

Saudi Vision 2030 aims to double tourism sector by 2020

Vision aims to boost sector by 18 per cent over the next 14 years

Dubai property plateau suggests end to down cycle

The monthly ValuStrat Price Index indicates the ‘bottoming-out’ of Dubai residential prices

Alabbar says Trump’s proposed Muslim ban “ridiculous”

The Republican candidate was brought up during a recent CNN interview with Mohamed Alabbar

Dubai Creek tower to be 100m taller than Burj Khalifa

Project developer Emaar previously said the tower would be a ‘notch taller’ than the Burj

Saudi grants 50 women the right to travel without a male guardian

It is generally considered illegal for women to travel alone in the conservative kingdom

Qatar awards 2022 stadium contract to Al Balagh, Larsen & Toubro

The stadium is the fifth to be launched by Qatar so far

Saudi professor: ‘Arab tribes found America, not Columbus’

Riyadh-based academic believes rock engravings in Colorado prove Arabs reached America first

Saudi to triple non-oil revenue under National Transformation Plan

Key elements of the NTP, including 500 projects and initiatives, were revealed yesterday

UN removes Saudi coalition from child rights blacklist

The move comes after protests from GCC countries, with a review of cases due to take place

Top 10 holiday destinations for UAE residents

A look at the most preferred holiday destinations for UAE residents in 2016

Guardiola to take Manchester City to ‘whole new level’ – chairman

In a rare interview, Khaldoon Al Mubarak reflected on the past performances of the Abu Dhabi-owned club and discussed what the future holds

Saudi National Transformation Plan to be revealed

A detailed outline of the kingdom’s economic reforms is expected to be revealed this week

Worst behind Abu Dhabi as it looks to revive Guggenheim plans

The chairman of the emirate’s Department of Economic Development said he expected the plans to be revived amid positive economic growth predictions

Nationalisation drive sees 50% of Saudi mobile shops up for sale

Companies in the industry must ensure half of their workforce is Saudi by Ramadan and 100 per cent by early September

Kuwait reduces fuel subsidy budget

Reports suggest the country will lift subsidies in July

Qatar buys Singapore tower for $2.5bn

QIA agrees to buy building in Singapore’s central business district from BlackRock Inc.