Dubai Properties Group revenue to rise in 2015 – CEO

Abdullatif AlMulla said DPG’s 2015 profit and revenue will be higher than in 2014, but declined to provide further details

About 22% of Gulf firms say they only ‘talk about innovation’

A new survey shows that Gulf firms are not big risk takers in terms of innovation

Stock news: Saudi Arabia surges, boosted by stronger oil

Saudi’s market suffered the most from panic selling in the Gulf and is still down 12.8 per cent month-to-date

Qatar issues tender for first phase of rail network

The tender has invited bids for a project manager to oversee the first stage of Qatar’s link to the GCC rail network being developed by the six Gulf states

Bahrain’s Investcorp says market volatility won’t hit business

The Bahrain-based investment fund posted a 13 per cent increase in net income for the 12 months to June 30

Abu Dhabi airport’s new Midfield Terminal project 55% complete – official

The new Midfield Terminal Building will have the capacity to handle 30 million passengers a year when ready

Countries with the highest air pollution levels in the Middle East

The UAE tops the world for exposure to tiny air pollutants, according to the latest report compiled by The World Bank

Saudi-led air strikes kill 10 people in central Yemen – officials

The war in Yemen has killed more than 4,300 people, many of them civilians

White House confirms that Saudi King Salman will meet Obama on Sept. 4

The two leaders will discuss Syria, Yemen and steps to counter Iran’s destabilising activities in the region, a White House spokesman said

gender gap 2022

UAE should foster entrepreneurship for sustainable growth

A senior policy expert urged all Middle East governments to invest in their economies, create jobs and foster young talent

Abu Dhabi airport passenger traffic up 23.3% in July

The capital’s airport saw about 2.1 million passengers passing through last month, compared to 1.7 million during the same period in 2014

Smart solar palm trees power wi-fi, phones in Dubai

Two prototype palms have been installed – one at a beach near the Burj Al Arab hotel and the other at Zabeel Park

UAE cuts petrol prices by over 8% in September

The price of one litre of octane 95 gasoline will cost Dhs 1.96 from September 1

Saudi’s King Salman to visit the US in September

The monarch’s visit next month will be his first official trip to the US after ascending the throne earlier this year

Oman says committed to currency peg despite cheap oil

The plunge of oil prices since mid-2014 has put heavy pressure on Oman’s state budget, causing one-year dollar/rial forwards to rise as high as 1,000 points this week

Dubai’s DP World says in talks with Iran to launch port operations

The company said the plans are contingent on demand from customers and there is no dollar value yet on the company’s possible investment in Iran

Mega waterfront development planned for Sharjah

The mixed-use development will feature its own theme park and is estimated to house 200,000 residents when complete

Qatar Airways eases cabin crew policies on marriage and pregnancy

The airline’s previous policy authorised it to terminate the contracts of cabin crew staff if they married or became pregnant in the first five years of their employment

Dubai’s DP World H1 profit jumps 22%, acquisition helps

DP World’s revenue for the six months to June 30 was $1.90bn, up from $1.66bn a year earlier

Dubai needs stricter rules to govern private developers, says builder

The current slowdown will be beneficial for the real estate market by weeding out weaker developers, says RSG International chairman

The world’s top five safest countries

Qatar ranks among the top 10 safest countries with a population of under five million

Saudi Arabia holding main suspect in 1996 Khobar bombing

The attack killed 19 U.S. service personnel and wounded almost 500 people

Etihad CEO: “Nobody else wanted to invest in Alitalia”

James Hogan says global investment is not a threat but a lifeline for the aviation industry

Saudi Arabia executes four people in one day, death penalties soar

The total number of judicial killings in the kingdom has reached 130 so far in 2015

UAE popular among female expats globally – survey

The country, however, did not make it to the top 10 most popular cities for expats globally due to its high cost of living and long working hours for foreigners

Domestic business lifts UAE’s NMC Health H1 profit 14.7%

NMC made an adjusted net profit of $46.9m in the first six months of this year up from $40.9m a year earlier

Kuwait summons Iran envoy over disputed gas field reports

The off-shore gas field has been a bone of contention between Tehran and Kuwait since the 1960s

Abu Dhabi crown prince, Putin discuss stronger ties, Syria woes

Sheikh Mohamed Bin Zayed met with Russian President Vladimir Putin on Tuesday in Moscow

Freed UK hostage says ‘grateful’ to the UAE for the rescue mission

Bob Semple, a petroleum engineer, was working in the Hadramaut area in Yemen when he was kidnapped in February 2014

Dubai property slowdown due to tighter rules, not oil slump

Dubai has a low reliance on oil despite hydrocarbons providing three-quarters of the UAE’ consolidated revenue in 2014, according to credit agency Moody’