Dubai Parks and Etisalat plan world’s first smart theme park

Collaboration will see smart functionality integrated into Dubai Parks and Resorts’ upcoming leisure destination

UAE economic growth forecast at 3.9 per cent for 2015

NBK predicts real oil GDP will pickup in 2017

Bahrain, Oman raise domestic fuel prices

Gasoline prices in both countries will increase this week

Rolls Royce’s Middle East sales up 4% in 2015, global sales dip slightly

Abu Dhabi remained the best-selling dealership for Rolls-Royce Motor Cars for the third consecutive year

Wyndham to open four new Ramada hotels in the Middle East

The group has opened new hotels in Saudi Arabia and Jordan with two more planned for Bahrain later this year

Tomorrow’s leaders – celebrating entrepreneurs and SMEs

Large-scale efforts are being made in Dubai and the United Arab Emirates to help nurture future business talent – Essa Al Zaabi writes

Netflix’s UAE launch: Will it cause a huge splash?

Christophe Firth offers five insights on Netflix’s recent expansion into 130 new countries worldwide

Dubai Holding scales down Mall of the World plans

Development’s chief operating officer says Dubai is a ‘maturing’ city in need of ‘rational’ projects

Dubai’s Propertyfinder Group receives $20m funding, company valued at $200m

The company said that it will use the funding to develop its proprietary technology and intensify marketing efforts

Abu Dhabi’s Aldar awards Dhs 2bn villa contract to Arabtec

The contract is for the construction of 1,017 villas at Aldar’s West Yas development

Almost 50% of Dubai real estate agents expect property prices to drop in 2016

New buyer demand has dropped because of weaker investor sentiment, finds new Emirates NBD survey

UAE sentences man to death for joining ISIL

Official sources did not disclose the identity of the man but local media reported that the accused was a 19-year old Emirati.

Dubai Canal to feature bridge mall with rooftop park

New project will add to Business Bay skyline

UAE minister issues social media warning following arrests over New Year’s Eve fire selfies

Two men have been released from custody after posting selfies in front of The Address Downtown blaze

Oman seeks $2.6bn foreign loan as budget deficit reaches $8.6bn

Measures unveiled to ease pressure on country’s domestic liquidity and interest rates

Dubai real estate transactions rise to Dhs 267bn in 2015

Dubai Land Department said the findings showed the market had reached a stage of maturity

Etihad Rail to reduce about 30 per cent of its workforce – report

The rail operator said the job cuts were part of a restructuring initiative

Predictions 2016: Emirates Airline president Sir Tim Clark

Fuel will continue to be the ‘wild card’ of the economy for the next two years, says Clark

Dubai to emerge as a ‘theme park destination’ similar to Orlando

Two new massive theme park complexes are scheduled to open this year in the emirate

Iran bans import of Saudi goods as tensions escalate

Saudi Arabia cut all diplomatic ties and commercial relations with Iran earlier this week

Qatar withdraws ambassador to Iran

The emirate joined Kuwait, the UAE and other Sunni nations in condemning an attack on Saudi Arabia’s Tehran embassy

Dubai Parks and Resorts imports 300 year-old olive trees from Italy for landscaping

The developer has acquired 15,860 trees, 6,100 palms and over 1.4 million shrubs and groundcovers to landscape the project

Emirates, Etihad rank among world’s safest airlines for 2016

Australia’s Qantas tops the annual ranking by AirlinesRatings.com for the third consecutive year

UAE’s non-oil business growth sinks to 40-month low in December

The seasonally adjusted Emirates NBD UAE Purchasing Manager’s Index fell to 53.3 in December

Bahrain says has foiled terror attack planned by Iran-linked cell

The Al-Basta Group was reportedly planning a series of bombing attacks in the Gulf state

Final design of the KhalifaSat engineering model unveiled

First satellite and ground station built entirely by UAE nationals moves a step closer to completion

UAE pay hikes to slow in 2016 as economic conditions toughen

Salary increases in the UAE, Qatar and Saudi Arabia are set to slow this year as companies become financially prudent

Doha, Dubai among world’s top 20 most expensive cities for construction

New York ranked as the most expensive city worldwide for construction while Jakarta was named the cheapest

Saudi billionaire Prince Alwaleed cancels plans to invest in Iran

Prince Alwaleed also refused a meeting with the Iranian ambassador as tensions continue to grow between Saudi Arabia and Iran

Dubai Duty Free sales fall 1.5% in 2015 on Russian spending slump, weak euro

The retailer recorded sales of $1.8bn last year with perfumes remaining the best selling category