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

Dubai retail market hits $35bn, says report

Sales are expected to pass $52bn by 2020, according to the Dubai Chamber of Commerce and Industry

One year jail term for jumping red light in Oman

Drivers who fail to stop at red signals will also be in line for a $1,300 fine

Iran plans Saudi trip to discuss Hajj pilgrimage

Tehran claims 464 of its citizens were killed during the deadly hajj stampede last year

Dubai reveals new system for visit and residency visas

​Applications for all visa processes can now be submitted in typing centres

Majid Al Futtaim plans $13m expansion of City Centre Qurum in Oman

The revamp will see the introduction of Centrepoint within the mall

GCC’s ultra wealthy eye Dubai for property investment

The UAE emerged as the most popular destination for regional investors

Qatar Airways adds second daily flight to New York

The added service will be operated by an Airbus A350

New Dubai projects unveiled: Vertical Industrial City, Dubai Stairs and Safari Golf

The Dubai Municipality has planned several new projects across the emirate

Saudi Arabia becomes world’s third biggest military spender

The kingdom has leapfrogged Russia, according to new research

UAE non-oil private sector growth hits 2016 high

Business conditions have improved at the strongest rate in four months