Dubai Medical District inks deal with du to develop smart services

Du will create and establish infrastructure made of optical fiber in Dubai Medical District, in addition to improving the signal’s range

Saudi rights activists sentenced to years in prison – Amnesty

All 11 founding members of the Saudi Civil and Political Rights Association are either jailed or awaiting trial

Iran returns Saudi accusations of cross-border meddling

Saudi’s foreign minister said this week that Iran’s military role in Syria disqualified it from playing a role in peacemaking efforts there

Marka to launch French jewellery brand dinh van in Dubai

House of dinh van is expected to open its first Dubai outlet in November at City Walk

Damac chief slams reports of oversupply in Dubai’s property market

False reports of oversupply are damaging market sentiment, says Damac managing director Ziad El Chaar

Saudi CMA may relax investor rules to join world indices

Limitations on market access are frowned upon by index compliers such as MSCI and FTSE, whose indices are tracked by trillions of dollars of institutional wealth globally

Almost 70% of UAE customers trust their banks

The UAE’s banking customers are five times more likely to say that their view of their banks has improved rather than worsened in the last six months

Dubai’s Drake and Scull wins Dhs 224m deal for hotel, mall expansion

The contractor did not specify the name of the mall or the hotel it is building

Saudi to impose a maximum of $26.67 per square metre on undeveloped lands

The fees would encourage landowners to develop their land instead of just holding it for profit, the country’s housing minister said

Saudi says difficult to see role for Iran in Syria peacemaking

Adel al-Jubeir said that Syrian President Bashar al-Assad had to leave power if peace was to be achieved

Free public wifi across Dubai will soon be a reality – expert

Telecom operators will not lose out as they can create new streams of revenue generation, says industry expert

Etisalat, du can now compete for broadband, fixed voice services across UAE

The UAE’s Telecommunications Regulatory Authority has opened up broadband and fixed voice services to residential customers

UAE to see 62% rise in number of millionaires by 2020 – Credit Suisse

The number of millionaires in the country is expected to increase from 59,000 in 2015 to 96,000 by 2020

Qatar’s Ezdan Holding closes $500m 5-year Islamic loan – arranger

The amount was more than 2.5 times covered by contributions from banks

Microsoft says Windows 10 for mobiles to launch in UAE within “few months”

The new operating system has received a positive response in the region, says official

Saudi Aramco says fraud foiled between trading unit and India’s ONGC

Cyber criminals had duped Aramco into making a payment for an order of naphtha from ONGC into their own bank account

TRA launches new feature to test efficiency of UAE’s mobile networks

Tailor made cars, equipped with the smart system, will be deployed when there is a complaint from users about their experience with the network operators

UAE bank ADCB meets estimates with 18.3% Q3 net profit gain

The lender’s earnings were boosted by an 10 per cent year on year gain in net interest income, made from traditional banking operations

Saudi’s SABIC eyes joint-ventures in China, U.S.

SABIC could make an announcement regarding the potential joint ventures in the first quarter of 2016, a senior official said

Dubai’s Aster DM Healthcare in $245m Saudi hospital investment

The investment brings Aster DM Healthcare’s total ownership stake to 97 per cent in Sanad Hospital

Live: Updates from Gitex 2015

All the news and views from the region’s biggest ICT event

Tecom’s Dubiotech, EnPark to jointly form new entity – Dubai Science Park

Dubai Science Park will include over 280 business partners and focus on life sciences and alternate energy solutions

Saudi Electric signs $1.07bn utility contract for housing projects

The contract, signed between the firm and the Ministry of Water and Electricity, is for 29 projects being implemented by the Ministry of Housing

Exclusive: Dubai Duty Free’s Colm McLoughlin on building a successful business

Having been in his post since 1984, executive vice chairman Colm McLoughlin talks about the leadership and innovation necessary to create an efficient business operation

Nakheel awards Dhs 2.3bn construction deals for retail projects

The developer has confirmed the builders of Deira Islands Night Souk, Warsan Souk and The Circle Mall

Dubai’s ruler issues open data law for Dubai Smart City

The new law will make non-confidential data accessible to researchers, investors and service developers via an integrated platform

United Arab Emirates soldier, aid worker killed in Yemen

It was not immediately clear whether there was any link between the killings of the aid worker and the soldier

Saudi’s Naimi says sees oil demand improving

Oil prices have almost halved in the past year because of excess supply

ISIL claims responsibility for deadly attack on Saudi Shi’ites

A gunman killed five people in an attack on a Shi’ite Muslim meeting hall in Saudi Arabia on Friday

Dubai’s property market slows, but developers remain upbeat

Although Dubai’s real estate market has been sliding, the emirate has seen several new launches