The country is planning to reduce its foreign population from 69 per cent today to below 50 per cent
In its first phase, the storage facility will have a capacity of between 6 million and 10 million barrels of oil
The country is using groundwater reserves more than 20 times faster than they can be recharged
The bridge will ease congestion on nearby roads, according to the RTA
The company employs 200,000 people, according to its LinkedIn page
True diversification requires developing industries which have nothing to do with the extraction of oil and spending of oil-related revenue
Net foreign assets held by the central bank dropped by 1.0 per cent from the previous month
Rule changes are designed to make the licencing process easier for homeowners and renters
Despite price declines, yields remained high in both emirates, Bayut.com said
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
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