Abu Dhabi Ports sees 41% growth between Jan-July 2015

More than 772,000 TEUs containers were handled in the first seven months of 2015

Kuwait’s KIPCO plans $5bn real estate project

The 380,000-square-metre project is planned for the al-Daiya area

Saudi salaries up 4.5% in 2015 despite falling oil prices – report

Employees in the kingdom are expected to record a 5 per cent salary hike in 2016, the report by Hay Group found.

Commercial Bank of Dubai shareholders reject $750m Tier 1 bond plan

The bank said last month that its board had proposed the Basel III compliant bond, subject to shareholder and regulatory approval

PR agency Edelman acquires Dubai-based DABO & Co

The transaction sees the launch of a new co-branded entity – Edelman DABO – with a combined client base of 50 entities

Saudi Arabia blames winds for deadly crane collapse, opens investigation

The crane which collapsed onto one of Islam’s holiest shrines in Mecca, killed 107 people on Friday

Dubai’s IMG theme park installs 69 dinosaurs, set for 2016 opening

IMG Worlds of Adventure is set to become the world’s largest multi-brand indoor theme park when it opens

Kuwait to buy Eurofighters in a deal worth up to $9bn

Sources said the 20-year-long deal for 28 Eurofighters would be finalised “in a few weeks”

Qatar appoints first ambassador to Iraq in 25 years

Iraq’s foreign minister had said in May that Qatar would open an embassy in Baghdad

Video: At least 107 killed by falling crane at Grand Mosque in Mecca

Officials said strong wind and rains had uprooted trees and affected cranes in the area

Dubai Mall store is Bebe’s best selling unit globally

Bebe’s Dubai outlets continue to be successful mainly due to the price points offered to customers, an official said

Disagreements over scope and ownership delay Saudi solar projects

The kingdom had announced three years ago that it wanted to install 41 gigawatts of solar electricity by 2032

Dubai eyes China for lucrative incentive tourism market

The emirate hosted the International Dragon Awards in August, welcoming about 5,700 attendees

India in diplomatic row over rape case ahead of Modi’s Saudi visit

Two Nepal maids claim they were kidnapped, gang-raped and starved over several months at a Saudi diplomat’s home

No threat to $1bn Mall of Qatar project from low oil price – official

The mall, next to the stadium that is due to host the 2022 World Cup, is set to open next August

Apple’s iPhone 6S, 6S Plus expected in UAE within a month

The prices are expected to be similar to that of the iPhone 6 and 6 Plus when they were launched last year

Dubai’s Union Properties seeks $123m loan to fund new project

The amount will be used to fund the 271-unit Oia residential project in the emirate

Nakheel inks deal with UK’s Premier Inn for new Dragon City hotel

This is the developer’s second hotel in Dubai that will be managed by Premier Inn

UAE says over 100,000 Syrians given visas since 2011

More than 242,000 Syrian nationals currently live in the country

Saudi central bank to appoint KPMG partner as deputy governor for supervision

KPMG Saudi Arabia’s managing partner Tareq al-Sadhan is leaving the company at the end of December

Qatar oil minister says Gulf states will maintain oil investment

The statement shows that the Gulf leaders do not plan to cut back their output to support prices

Etihad announces new baggage policy, cuts excess luggage fares

Under the new rules, customers are entitled to one, two, or three bags, depending on their fare choice and route

Indian police investigate accusation Saudi official raped Nepali maids

The two women, aged 30 and 50, told police they were raped, assaulted, starved and held hostage over several months in Delhi

Jumeirah Golf Estates mulling the launch of second phase of AlAndalus residences

The second phase of the residential community will have larger townhouses, the chief executive of Jumeirah Golf Estates said

IMF urges Saudi action on domestic energy prices and wage bill

The Saudi economy is forecast to keep expanding strongly this year, showing little impact from the oil price drop, according to the IMF

Qatar’s regulator to grant licences to GCC banks

Licences for new banks will be given according to criteria set out by the central bank, a statement said

Dubai’s Nakheel says will complete most new projects in 3-5 years

The developer said property sales in Dubai were “as per expectations”

Saudi Aramco signs first contract to build over 8,000 homes

The development will be located 8 km southwest of Aramco’s Dhahran headquarters

Sharjah Waterfront City to offer 100 freehold residential units

The project is the latest to offer freehold options in an effort to entice investors

Saudi Arabia crude output drops in August

Crude suppled to the market in August was at 10.18 million bpd, down by about 78,000