New measures to prevent Indian worker exploitation in the UAE

New India-UAE collaboration aims to ensure blue-collar workers are paid the salaries promised to them when recruited

Saudi Shoura member calls for foreign recruitment firms for domestic workers

Domestic worker recruitment is currently restricted to local firms

Saudi soldiers in Yemen to receive one-month bonus

Ministry employees on the front line will also be awarded the bonus

Dubai’s Drake & Scull records Q2 net loss

DSI had reported worsening earnings in eight of the preceding nine quarters

Dubai Financial Group sells stake in EFG-Hermes to Natixis

Based on Thursday’s closing price, the stake is worth more than $100m

Nakheel, RIU begin work on Deira Islands beachfront resort

The 800-room resort is slated for completion in Q3 2019

Dubai Crocodile Park to open in 2016

The new attraction will features hundreds of crocodiles, according to reports

Abu Dhabi private clinics report staff layoffs

Changes forcing Emiratis to pay for part of their key are impacting local private hospitals

Emaar launches luxury residences in Dubai Creek Harbour

The ‘Creek Horizon’ project will be located close to the $1bn Tower at Dubai Creek Harbour

Dubai’s IMG theme park delays opening date

The mega indoor theme park complex was scheduled to open on August 15

Saudi to introduce six projects to boost Saudisation

Labour ministry seeks to reduce cost difference between employing locals and expats

Developer Damac acquires Dhs 1.26bn of land near Dubai Canal

Dubai’s Damac Properties Q2 net profit drops 37.4%

The developer reported a net profit of Dhs886.8m in the second quarter

Gemstone selects Kempinski to manage Dubai Business Bay residences

The new property is expected to be completed in 2019

Dubai’s RTA to boost taxi fleet by 40% to 7000 by 2021

The RTA’s new five-year plan will also see 50 per cent of the taxis converted into hybrid vehicles

Saudi central bank says riyal will remain pegged to US dollar

The central bank said it has “sufficient tools” to support the exchange rate of the riyal

Dubai’s Arabtec Q2 reports seventh straight quarterly loss

The contractor made a net loss of Dhs186.4m in the second quarter

California man gets life in prison for stabbing Saudi student

Agustin Rosendo Fernandez, 30, stabbed Saudi student Alkadi to death two years ago

Saudi accuses 32 people of spying for Iran

Saudi stops 3 women, 7 children from joining Syria war

The three sisters and their children were detained by Lebanese authorities in Beirut and flown back to Saudi Arabia

Why UAE must make it easy for women to sponsor their spouses

Expatriate women in the UAE face greater workplace challenges than their male counterparts, says senior exec

Dubai government to buy new electric and hybrid cars

Up to 10 per cent of new vehicles will be electric and hybrid cars

China’s ICBC aims for benchmark dollar bond via Dubai by year-end

It would be the third bond issue by China’s largest bank via its DIFC office

Saudi lifts hiring ban on Bangladeshi workers – report

A ban on workers has partly been in force since 2008

Bahrain’s Investcorp plans up to six new investments

Investcorp aims to more than double its assets under management in the next five to seven years

Emirates offers EK521 passengers $7,000 compensation

Flight EK521 crash landed on arrival in Dubai last week

Ismaik’s Marya Group reveals listing plans

Firm says it will eventually go public after increasing investment portfolio to $1bn

UAE cautions citizens against wearing burqas in Swiss region

Swiss canton Ticino implemented a burqa ban last month

Olympic gold winner Aldeehani says joy dampened by ban on Kuwait

Fehaid Aldeehani won the men’s double trap event under the Olympic flag

Dubai Parks confirms October opening but some rides will be missing

Parts of one of the operator’s three theme parks will not be ready for the opening date

Oman suspends Azamn newspaper following corruption allegations

The private publication alleged corruption in the country’s judiciary

Pod-shaped luxury floating homes to be unveiled in Dubai

The Dutch developer behind the homes is expecting regional sales worth $50m over the first year