Abu Dhabi’s Aldar awards $70m contract for Shams Meera development

Work to begin on mid-market project at Reem Island

Dubai Expo 2020 to allocate $1.36bn of contracts to SMEs

Opportunities for SME participation extend beyond the physical expo site and six-month duration of the event, according to Expo 2020

Dubai Properties launches new set of affordable townhouses in Serena

The Casa Dora community will be located within the developer’s Serena project in Dubailand

Abu Dhabi wealth fund ADIA appoints new global operations head

Garry Beaton joins the fund from Ashmore Group

Qatar Airways boosts services to Riyadh

The airline will operate 20 weekly flights to and from Riyadh from September 1

Kuwait allocates $1bn to cover overseas treatment costs

The government had originally approved a $500m budget for the treatment abroad programme

Oman Chamber chairman says Omanisation policy hindering growth

Sheikh Said Al Kiyumi has said the current policy is incompatible with government strategy

Saudi eyes plans to nationalise charities

The plans are said to include charitable societies and associations

Qatar becomes latest GCC state to levy airport tax on passengers

Every passenger leaving from Doha’s Hamad International Airport will be charged QAR35

Uber, Careem services down as drivers detained in Abu Dhabi

Some drivers had reportedly been detained over violations of regulations

Sheikh Mohammed makes surprise visit to Dubai government offices

A video of Sheikh Mohammed walking into an empty office has now gone viral

Saudi central bank’s foreign assets drop by $6bn in July

Assets shrank by 16 per cent year-on-year in July to their lowest level since February 2012

Qatar National Bank gets go-ahead to open branch in India

The Qatari bank is currently present in more than 30 countries worldwide

Over 50% of Redwood Park phase 2 at Dubai’s Jumeirah Golf Estates sold out

The developer launched the project for sale a month ago

Iraq asks Saudi to replace its ambassador in Baghdad

The Iraqi foreign ministry has denied media reports of a plot to kill Thamer al-Sabhan

UAE fuel prices to increase again in September

Minor price increases to come following the recent surge in the oil market

UAE energy minister: OPEC’s market share at a good level

Suhail al-Mazroui asserted that the market would “achieve stability soon”

Rasmala, Ajman Bank acquire 72 warehouses in Dubai Investments Park

Rasmala’s CEO has said the company will invest Dhs1bn in real estate over the next 12 months

Saudi’s Sadara starts region’s first mixed-feed cracker

The cracker can process both ethane and naphtha

Kuwait dissolves Olympic committee over financial irregularities

National football association also dissolved and interim group formed

Kuwait to cut hundreds of expat teachers

Country aims to reduce the number of expats in the education sector

Saudi cost of living up 3.8% in July

Higher prices for tobacco, transport and household bills increase the cost of living

Uber, Careem suspend Abu Dhabi services

The companies have not given any reason as to why their services were halted

Saudi energy minister: Oil market ‘moving in the right direction’

Khalid Al-Falih said the world’s major oil producers were unlikely to freeze production next month

Habtoor Leighton Group CEO released in Dubai without charge

Jose Antonio Lopez-Monis was detained by Dubai police on August 17

Oil prices rise as Iran backs output cap; UAE expects positive impact

Saudi oil production is up, but here’s why it has nothing to do with freeze talks

Saudi is not increasing output as a warning to rivals, writes Reuters columnist John Kemp

Interview: Sofana Dahlan, the first Saudi woman allowed to study law

The authors of Game Changers speak to Sofana Dahlan, founder and CEO of Tashkeil

Three-month grace period for illegal residents in Qatar

The grace period is believed to be the first in Qatar for a decade

Woman dies in explosion at Dubai’s Al Khail Gate

A suspected gas cylinder explosion destroyed an apartment at the community on Wednesday

Landmark Group signs deal with Abu Dhabi’s Reem Mall for 23 stores

Landmark will occupy a total retail area close to 200,000 square feet within the mall