India’s SpiceJet launches Dubai flights from Amritsar and Calicut

The low-cost carrier will begin operating the two routes from November 15

UAE power plant JV may issue project bond in 2016

The offering from Emirates SembCorp Water & Power could raise up to $350m

Emirates releases first Jennifer Aniston TV ad as part of $20m campaign

The airline reportedly signed a $5m TV advertising deal with the Hollywood actress earlier this year

Muscat airport expansion plan faces further delay – official

A new passenger terminal is now due to open by the end of 2016, about a year later than the previous estimate

Saudi central bank foreign assets fall 1% in August

Assets shrank 11.2 per cent from a year earlier to their lowest level since February 2013

Dubai’s RTA mulling public private partnerships for Route 2020 project

An extension of the Dubai Metro’s Red Line, the Route 2020 project will connect passengers to the expo site

UAE infrastructure projects not delayed by oil price drop – minister

The UAE has sufficient funding for all its planned infrastructure projects, says minister of Public Works

Saudi to convert state real estate fund into bank

After its conversion the Real Estate Development Fund will offer financing in cooperation with the private sector, a statement said

Five minutes with…Tarish Eid Al Mansouri, director general, Dubai Courts

Dubai Courts is aiming to increase the number of smart services in order to speed up litigation process, says Al Mansouri

UAE provides $581.5m in aid to Syrian refugees

The sum is split between food aid, multi-sector aid, shelter, health and support services

Emirates hints at no Dubai Airshow orders, pushes decision on A350/787 to next year

Dubai’s flagship carrier has said it is looking at an order for 50 to 70 twin-aisle jets

UAE provides $207m of aid to Yemen

The country is contributing towards the recovery and rehabilitation of Aden and neighbouring governorates

Dubai’s ruler launches Dhs 1bn global aid foundation

The Mohammed Bin Rashid Global Initiatives project will focus on education, innovation and the eradication of poverty

UK’s Cameron urges Saudi Arabia not to execute Shi’ite protestor

Ali al-Nimr was handed the death penalty after taking part in demonstrations in Saudi Arabia’s eastern province

Dubai Holding’s net profit up 24% in H1 2015

The company earned around Dhs 2.6bn in net profits during the first half of this year

Chalhoub taps into growing men’s bespoke footwear market in Dubai

The company has added a new men’s designer section at its Level Shoe District retail space at Dubai Mall

Alshaya Group inks deal to open 30 stores in Mall of Qatar

Collectively Alshaya’s brands will occupy around 18,000 square metres in Mall of Qatar

UAE to spend $35bn to diversify energy sources – minister

The country is moving ahead with its oil and gas investments despite the current drop in oil prices

Nakheel awards Dhs 819m construction contract for Palm Tower

The 52-storey luxury hotel and residences complex is located on Palm Jumeirah

UAE’s GDP to grow 3.5% in 2015

The growth in the economy has been attributed to the country’s diversification efforts

Saudi Arabia deters bid for UN human rights probe in Yemen

A Saudi-led coalition of Arab states has been pressing a bombing campaign in Yemen over the past six months to try to restore a Yemeni government forced into exile by Houthi fighters

Qatar central bank chief cools rate rise talk, says won’t follow U.S.

The official said that liquidity in Qatar’s banking system remained ample and that demand for T-bills was still strong

Saudi forces arrest two foreigners at illegal bomb factory

One of those arrested was a Syrian man, who the interior ministry said was preparing to carry out attacks while the other was a Filipino woman accused of helping him

Opening of Abu Dhabi’s Louvre pushed back to 2016

Officials did not give a reason for the delay in building work at the $650m project

Iran expels second-ranking Bahraini diplomat in Tehran

Diplomatic relations between Bahrain and Iran have been strained after the former accused Iran of being behind recent bomb attacks on the island kingdom’s security forces

Saudi Arabia signals easing of tension with Islamist cleric

Sheikh Youssef al-Qaradawi, a cleric whose fiery sermons have irked Gulf states, appeared alongside the Qatari prime minister and the Saudi ambassador at an event in Doha

Saudi Arabia to continue energy investments despite oil price drop

The kingdom’s oil minister said that the sharp fluctuations in oil prices have been happening since 1970s

Mideast funds heavily favour UAE equities in region

Survey finds 53 per cent of fund managers expect to raise equity allocations to the UAE in the next three months

Dubai property market should balance itself – Deyaar CEO

Residential sales prices fell 6 per cent year-on-year in the third quarter

Saudi Arabia’s new oil policy works in reclaiming market share

Saudi Arabia led a shift by the OPEC in November 2014 to defend market share against competing supplies