Abu Dhabi’s Aldar launches Dhs 6bn golf and waterfront project

​Yas Acres will be home to 15,000 residents upon completion

Dubai among world’s top 5 highest paying cities for bank directors

​Emirate ranks above Paris and Milan for hefty pay packages

Abu Dhabi residential, office rental declines forecast as slump continues

Cluttons expects single digit declines for both markets by the end of the year

Hiring up as Dubai’s private sector firms report improved outlook

The launch of new projects and a recovery in spending has boosted business confidence

Egypt agrees to hand over disputed islands to Saudi Arabia

The decision could see the territories used for a proposed bridge between the two countries

Dubai Parks secures Dhs 1bn loan for Six Flags theme park

The proposed development is planned to open in Q4 2019

Dubai launches medical tourism portal

The portal provides health, travel, hospitality and visa services to medical tourists

UAE’s new youth minister submits 100-day plan

Local youth councils will soon be launched across the UAE

Snapchat voice and video calling blocked in UAE

The VoIP service is the latest to be blocked in the country

UAE’s record rainfall last month partly caused by cloud seeding

​Up to 77 seeding operations were reportedly conducted last year

Dubai’s Emaar has not cut property prices – Alabbar

​Emaar chairman says good supply still lagging demand in Dubai’s property market

Group CEO of Dubai’s Emaar Properties resigns

Abdulla Lahej had been with the company since 2000

Dubai’s new Creek tower to be taller than Burj Khalifa

The $1bn building is slated for completion by 2020

QNB receives regulatory nod for Finansbank deal

QNB announced the deal in December

Saudi bans ‘anti-Islamic’ footballer haircuts

A video shows a player being given a last-minute haircut before a match

Saudi to fine restaurants serving soft drinks

New legislation comes as the country tries to tackle a diabetes epidemic

SKAI plans to replicate Dubai tower design in other global cities

The Viceroy Dubai Jumeirah Village will open next year

Sharjah eyes creation of offshore financial centre

An offshore zone could form part of the emirate’s diversification strategy

Tourism adds Dhs 134bn to UAE economy in 2015

Minister of economy says sectors contribution will increase 5.4 per cent annually

Oman proposes changes to life imprisonment

Life in prison could be reduced to 25 years if new proposals are agreed

Saudi boosts Egypt ties with $16bn investment fund

New deal is aimed at boosting the Egyptian economy and includes funds for an economic free zone

Saudi Arabia and Egypt to be linked by Red Sea bridge

King Salman said the bridge would help increase commerce between the countries

Flydubai crash: Initial report confirms pilots were landing in manual mode

The report by Russian investigators also affirmed “difficult weather conditions”

Majid Al Futtaim Properties eyes Egypt, Oman and Saudi for hotel growth

The company currently has 12 operational hotels including 10 in Dubai

The Body Shop to launch e-commerce site in Dubai

The British company’s regional growth outperformed its global average in 2015

Kuwait Petroleum signs LNG contracts with BP, Shell and Qatargas

​The state-owned company will import 2.5 million tonnes of liquefied gas

Saudi eyes US-style green card system as it looks to boost non-oil revenues

The kingdom is aiming to increase its annual revenues by at least $100bn a year

Dubai’s Gerald Lawless appointed World Travel and Tourism Council chairman

​The former Jumeirah CEO has been the council’s vice chairman since 2012

UAE’s first KidzMondo theme park planned at new Abu Dhabi mall

Located at the World Trade Centre mall in Abu Dhabi, it will open in 2017

Qatar National Bank posts 7.1% increase in net profits

The national lender recorded a net profit of $787m in the first three months of 2016