Lanxess sells 50% in rubber business to Saudi Aramco

Saudi Aramco will buy the stake for around 1.2bn euros in cash

Emirates, Etihad anticipate heavy passenger traffic during Eid

Abu Dhabi carrier Etihad expects to carry over 230,000 guests during the Eid Al Adha period

Five last minute Eid deals in the UAE

Daily deals websites Cobone and Groupon have a range of options for Eid Al Adha

Al Futtaim to open an auto park in Dubai

The 34,466 square metres facility is scheduled to open by 2017 and will be one of the largest automobile parks in the region

UAE’s Emirates NBD says affiliate mulls IPO

Emirates NBD did not provide any more details of the potential offer

UAE’s DAMAC says unit raises $100m via sukuk certificates

The certificates, rated BB by Standard & Poors, were issued by its unit Damac Real Estate Development Ltd

Activists lash out at Saudi’s appointment as UN Human Rights panel head

Critics of the appointment include non-governmental organisation UN Watch and the wife of imprisoned Saudi blogger Raif Badawi

Demand for Apple Watches expected to rise in UAE – survey

Study shows only 16 per cent of people currently own a wearable device, but many want one

Video: Saudi man narrowly escapes falling glass panel

A huge glass panel fell from above the man and smashed into dust just inches away from him

Dubai property firms can weather current market correction – S&P

The real estate entities rated by S&P have “sufficient headroom in their credit ratios” to handle the slowdown, the agency said

Google Street View expands across UAE into Sharjah and Ajman

Trekker equipment has already captured the Eye of the Emirates wheel

Abu Dhabi’s Al Noor Hospitals Group buys Rochester Wellness

Post the deal, the listed firm is planning to open a new Rochester Wellness unit in Abu Dhabi

Exclusive: UK subsidiary of Nigeria’s Access Bank to open Dubai office

The bank aims to help facilitate investments from the Gulf region into Africa, primarily Nigeria, says CEO

Saudi Arabia denies bombing Omani envoy’s home in Yemen

The envoy’s home was reportedly hit by Saudi-led air raids on Friday morning

Saudi Aramco almost completes Wasit project, awaits offshore gas-sources

An industry source said the plant is not expected to start processing non-associated gas from offshore sour gas fields before the end of the year due to technical difficulties

Saudi king, Venezuela president discuss oil price recovery, OPEC

Venezuela’s government is pushing for action to boost low oil prices that have battered its economy

Kuwait stock delistings threaten market’s status

Since the start of 2014, when Kuwait had 211 listed firms, 24 have announced plans to delist

UAE lags behind Saudi Arabia in global innovation index rankings

The Emirates, which topped the regional list last year, has seen a massive fall in ratings on the 2015 global innovation index

Saudi Arabia pledges 100,000 troops to protect haj 2015

Elite counter-terrorism units and police deployed to holy sites as three million pilgrims are expected to arrive on Tuesday

Video: Sheikh Rashid’s life and achievements

Sheikh Rashid, the eldest son of Dubai’s ruler, died on Saturday and was laid to rest at the Umm Hurair cemetery

Saudi’s United Cooperative Assurance says gets Mecca crane claim

The insurance firm said it had received the claim on September 13 and it had appointed evaluators to determine the damage caused by the accident

Popular New York restaurant Serendipity 3 to open in Dubai

Two outlets will be opened at Dubai Festival City and The City Walk in December 2015

Exclusive interview: Science lead on the UAE’s Mission to Mars Sarah Amiri

Amiri discusses everything from the complexities of space and tourism beyond the earth to artificial intelligence and black holes

Harley Davidson opens fourth UAE store in Dubai Investment Park

The new 1,481 square metres facility is the second Harley Davidson outlet in Dubai

Bahrain, Saudi Arabia sign contracts worth $300m for new oil pipeline

The new pipeline will replace an ageing 230,000 bpd link and will help increase the processing capacity of its Sitra refinery

Dubai’s DEWA plans tender for 800 MW third phase of solar park

The tender for the project will be launched in the fourth quarter of 2015

Kuwait Petroleum aims to boost outlets for its fuels in Europe

The company currently owns two refineries in Europe and has more than 4,000 Q8 petrol service stations across the continent

Saudi minister says MERS cases are reducing before haj

The Health Ministry confirmed two more cases of the disease in Riyadh on Thursday, but the number of cases has declined since last month

Dubai ruler’s eldest son Sheikh Rashid dies of heart attack

Dubai ruler’s court has declared a three-day mourning and flags in all government institutions will be flown at half-mast

Powerful Saudi royal heirs will define kingdom’s future

Crown Prince Mohammed bin Nayef, 56, and Deputy Crown Prince Mohammed bin Salman, 30, are next in line to succeed 79-year-old King Salman