Man killed in hoverboard accident in Dubai

This is the second hoverboard-related death reported in the UAE, and the first in Dubai.

New visa charge could bring Oman $43m each year

Extra visa fees will need to be paid by companies following new charge by Royal Oman Police

UAE hopes to earn revenues of up to Dhs 12bn by introducing VAT

The country plans to begin levying value added tax in 2018

Oil up on Saudi, Russia meeting

Saudi government to keep majority stake in Aramco

Analysts say the company could be worth as much as $10 trillion

Xiaomi launches in Middle East, aims to be fifth in terms of sales within a year

Devices from the world’s fourth largest smartphone manufacturer will be sold exclusively through Etisalat in the UAE

Al Jazeera America to shut down by April

Qatar-based Al Jazeera Media Network plans to expand digital outlet in the US

Predictions 2016: Dubai Chamber of Commerce and Industry president and CEO Hamad Buamim

Dubai Chamber is planning to open two new offices in the first quarter of 2016, in Mozambique and Kenya

Expo 2020: Barcelona star Messi to be global ambassador for Dubai

Announcement comes after star won fifth Ballon d’Or

Emaar awards construction contract for Dubai Creek Residences project

The project, which includes six residential towers, is scheduled for handover in 2018

Qatar’s QNB announces 7.7% profit growth in 2015

The lender attributed improved revenues and cost controls for the growth in profit

Abu Dhabi’s new $1bn Reem Mall gets detailed planning approval

The project has now received the final go-ahead from the Abu Dhabi Planning Council

Saudi riyal forwards drop to record low

Low oil prices have raised speculation that the riyal could be unpegged from the dollar

Wyndham to open four new Ramada hotels in the Middle East

Wyndham’s Ramada Resort Dead Sea and Ramada Jeddah Corniche are already open while its two properties in Bahrain are set to open on March 31, 2016.

Civil Defence to carry out safety review of every building in Dubai following New Year’s Eve fire

Chief admits to “small gap” between the government authority and the Address Hotel’s construction

UAE will have 5G network by 2020 – du CEO

The country is hoping to have the network in place ahead of World Expo 2020 in Dubai

Saudi Arabia thwarts attacks, puts 532 ISIL suspects on trial

Officials said that the suspects belonged to six cells and were planning to attack security agencies and the US embassy in Riyadh

Dubai Parks and Etisalat plan world’s first smart theme park

Collaboration will see smart functionality integrated into Dubai Parks and Resorts’ upcoming leisure destination

UAE economic growth forecast at 3.9 per cent for 2015

NBK predicts real oil GDP will pickup in 2017

Bahrain, Oman raise domestic fuel prices

Gasoline prices in both countries will increase this week

Rolls Royce’s Middle East sales up 4% in 2015, global sales dip slightly

Abu Dhabi remained the best-selling dealership for Rolls-Royce Motor Cars for the third consecutive year

Wyndham to open four new Ramada hotels in the Middle East

The group has opened new hotels in Saudi Arabia and Jordan with two more planned for Bahrain later this year

Tomorrow’s leaders – celebrating entrepreneurs and SMEs

Large-scale efforts are being made in Dubai and the United Arab Emirates to help nurture future business talent – Essa Al Zaabi writes

Netflix’s UAE launch: Will it cause a huge splash?

Christophe Firth offers five insights on Netflix’s recent expansion into 130 new countries worldwide

Dubai Holding scales down Mall of the World plans

Development’s chief operating officer says Dubai is a ‘maturing’ city in need of ‘rational’ projects

Dubai’s Propertyfinder Group receives $20m funding, company valued at $200m

The company said that it will use the funding to develop its proprietary technology and intensify marketing efforts

Abu Dhabi’s Aldar awards Dhs 2bn villa contract to Arabtec

The contract is for the construction of 1,017 villas at Aldar’s West Yas development

Almost 50% of Dubai real estate agents expect property prices to drop in 2016

New buyer demand has dropped because of weaker investor sentiment, finds new Emirates NBD survey

UAE sentences man to death for joining ISIL

Official sources did not disclose the identity of the man but local media reported that the accused was a 19-year old Emirati.

Dubai Canal to feature bridge mall with rooftop park

New project will add to Business Bay skyline

UAE minister issues social media warning following arrests over New Year’s Eve fire selfies

Two men have been released from custody after posting selfies in front of The Address Downtown blaze