Revealed: Top 10 companies in the UAE in 2015

The best performing listed businesses in the Emirates as ranked by market capitalisation

Saudi banks remain buoyant, but low oil price threat looms

Local lenders focussing on local markets have better equipped the Saudi banking sector to withstand global volatility, but it may yet be tested

Luxury fashion brands in Dubai hit by drop in Russian, Chinese spending

Tourist numbers have fallen from Russia and China due to an economic slowdown in both the countries

UAE economic growth to rebound by 2016 despite oil price drop

The UAE economy, the most diversified regionally, has experienced a slowdown this year

Saudi property market set to drive non-oil growth

The Saudi real estate market is backed by strong fundamentals, despite recent oil price concerns

Kuwait’s tennis serve

As Kuwait’s Tamdeem Group prepares to expand its 360 Mall, chairman Mohammad al Marzouq explains why the government should look beyond oil

Saudi Electricity Co. signs SAR 2.5bn deal to build green power plant

The 605-megawatt Green Duba power plant will produce 43 MW of solar energy

Qatar opens new $825m labour city to house 100,000 workers

The city consists of a commercial market, 55 residential complexes and Qatar’s second largest mosque

Saudi water tariff to rise from next month -local media

The new rate for industrial, government or large company users will be SAR 9 per cubic metre, up from SAR 4 at present

UAE private sector holidays for Martyrs’ Day, National Day revealed

Private sector workers will get Wednesday, December 2 and Thursday December 3 as paid holidays

JadoPado receives $4m funding from Beco Capital, to introduce COD option

The e-commerce firm expects to have up to 20,000 vendors selling 200,000 products on its platform over the next 18 months

GE opens new aviation tech centre in Dubai as part of industrial internet push

The new centre began operations three weeks ago and will work on developing localised digital solutions for airlines

Oil prices will not hit $100 per barrel anytime soon – former Qatar energy minister

Higher oil prices don’t always benefit producers or consumers, says Abdullah Bin Hamad Al-Attiyah

Standard Chartered appoints Wynter as UAE head

Julian Wynter was group head of internal audit for the lender and has also held country head roles in Malaysia and Japan.

UK begins work on first permanent military base in Bahrain

The military base, constructed at a cost of $23m, will be completed next year

UAE private sector holidays for Martyrs’ Day, National Day revealed

Private sector workers will get Wednesday, December 2 and Thursday December 3 as paid holidays

Dubai’s Al Habtoor to sell stake in CIMIC construction joint venture

Habtoor Group is planning to focus on its 100-per cent-owned assets including hotels, real estate and schools as part of its strategy

NCB Capital funds buy majority stake in major Saudi publisher

The new investors do not plan any changes to the overall “strategy of the company and have no plans to buy rest of the outstanding shares,” a statement said

NCB Capital funds buy majority stake in major Saudi publisher

The new investors do not plan any changes to the overall “strategy of the company and have no plans to buy rest of the outstanding shares,” a statement said

Dubai’s Al Habtoor to sell stake in CIMIC construction joint venture

Habtoor Group is planning to focus on its 100-per cent-owned assets including hotels, real estate and schools as part of its strategy

Top 10 areas in Dubai seeing the highest inflow of residents

Dubai Marina, Jumeirah Village and Downtown Dubai were among the most popular areas for residents

Emaar’s Jan-Sept net profit up 16%, Dubai sales drop 28.5%

The government-owned builder’s net profit rose 31 per cent during the third quarter of this year despite the sales slump in its home market

Dubai’s property deal values reach Dhs 186bn in nine months of 2015

There were around 33, 907 transactions within the first nine months of 2015, a new report shows

Prince Alwaleed’s Kingdom Holding to sell Asharq al-Awsat publisher for $223.3m

Kingdom Holding did not disclose the identity of the buyer

Etihad expands Saudi network through codeshare partner flynas

Saudi carrier flynas will begin a new five-times-per-week service between Riyadh and Abu Dhabi from December 16

Emirates, flydubai stop flying over Sinai peninsula after Russian plane crash

The crash on Saturday killed all the 224 people on board

Nakheel to build new beachfront resort in Deira Islands

The company is building a 550-room resort and a water park in partnership with Thailand-based Centara Hotels and Resorts

Saudi deficit this year is “manageable” says foreign minister

The statement comes as Standard & Poors cut its ratings for Saudi Arabia’s long-term foreign and local currency sovereign credit by one notch to ‘A-plus/A-1’

Saudi Arabia slams S&P decision to downgrade its debt

Standard & Poor’s cut its ratings for Saudi Arabia’s long-term foreign and local currency sovereign credit

Iran threatens Arabs as much as ISIL says Bahrain

Bahrain’s Foreign Minister said that the Houthi militia can have a future in Yemen if it disarms