UAE Reveals Details About Its Mars Mission

The unmanned probe, named Hope, will collect data that will help scientists learn about the atmosphere in Mars.

Qatar Airways Eyes Stake In India’s IndiGo, Warns Airbus On A380neo

The airline chief said that Indigo would be Qatar Airways’ preferred choice if it wanted to invest in India.

Qatar Invites Oil Firms To Bid For Al-Shaheen Oilfield From Mid-2017

Qatar’s existing 25-year exploration and production-sharing agreement with Maersk Oil of Denmark expires in 2017.

Doha Says German TV Team Probing Qatar Labour Rights Lacked Permit

Reporter Florian Bauer as well as a cameraman and a sound engineer were detained as they filmed migrant workers in the capital Doha.

King’s Changes Make Saudi Policy Less Predictable

Since inheriting the throne, King Salman has embarked on a war in Yemen, restructured the oil sector and shaken up the line of succession.

Saudi’s Khodari Expects Government Compensation For Labour Fees

In 2012, the Saudi goverment introduced a levy of 2,400 riyals ($640) a year for every foreigner whom a company employs above the number of its Saudi workers.

Saudi’s Khodari Expects Government Compensation For Labour Fees

Partly because of higher labour costs, Khodari’s net profit tumbled 57 per cent from a year earlier to $3.7 million in the first quarter of this year.

Warplanes Strike Yemen’s Saada And Hajja Provinces-Residents

The strikes occurred after Yemen’s Houthi fighters fired mortar bombs and rockets at a Saudi Arabian border town on Tuesday.

Dubai’s Arabtec Names New Chairman

Abu Dhabi businessman Mohamed Thani Murshed Ghannam al-Rumaithi was elected as the new chairman.

Saudi Oil Minister Naimi Optimistic About Kingdom’s Oil Future

The minister said that he saw a bright future for education, training, development and manufacturing in the Kingdom.

Houthi Missiles Hit Saudi Border Town; Airforce To Retaliate

The projectiles struck a girls’ school and a hospital in Najran, which is only two miles from Yemen’s border, officials said.

Sharjah Launches Dhs80m Leisure Island Project To Attract Tourists

The island will consist of a Butterfly House, a literature pavilion and art sculptures, the emirate’s agency said in a statement.

Dubai’s DP World To Start Benchmark USD Bond Meetings Thursday

Sources told Reuters last month that the firm could raise between $750 million and $1 billion from the senior unsecured Reg S/Rule 144A issue.

Saudi Finance Minister: Our Position Is Very Strong Despite Cheap Oil

The minister was also optimistic that the global economy was emerging from its slump, but that one couldn’t expect a return to growth levels of 10 years ago.

Saudi Hardware Retailer SACO’s IPO Meets Strong Demand

SACO, a popular supplier of building tools and mechanical equipment in the kingdom, offered 2.88 million shares to individual investors.

UAE Non-oil Business Growth Picks Up In April

Output, new orders and employment all rose more quickly during the month, with the output index climbing to 62.0 points from 60.7.

Saudi Non-oil Business Growth Slows, Impact Of Royal Largesse Fades

Employment continued to increase but at a slower pace.

Saudi Sets Ownership Caps As $575bn Bourse Opens To Foreigners

A single foreign investor will be able to hold no more than 5 per cent of any listed company, while total foreign ownership of a firm will be limited to 20 per cent.

UN Urges Saudi-Led Coalition To Stop Targeting Yemen Airport

The statement comes as the UN prepared a plan to set up an air-bridge to bring humanitarian workers into the country.

Rotana Plans Expansion Into Europe, London In Focus

The group is looking to open a hotel in London in order to attract GCC tourists travelling to the UK.

Qatar Airways To Launch Three New US Routes In 2016

The carrier also confirmed that it would add a second daily service to New York from March 1, 2016.

Gulf Countries To Create More Jobs In 2015 Despite Oil Price Fall

Qatar is expected to create the most number of jobs in the Gulf this year as it readies for the World Cup in 2022.

Saudi-Led Alliance Mulls Humanitarian Truce In Yemen

The Dubai-based channel also quoted Adel al-Jubeir as warning Yemen’s dominant Houthi group against exploiting any truce in the country in its favour.

Bahrain Cabinet Approves $9.47bn Budget For 2015 -BNA

The budget assumed an oil price of $60 a barrel, forecasting a budget deficit of about BD1.47 billion for 2015.

Saudi Aramco To Cut Jet Fuel Prices Domestically-SPA

Jet fuel prices will be cut by 15 halalas per litre at Riyadh and Jeddah airports and by 20 halalas per litre at other airports.

Hyatt To Launch New Brands In GCC, Expand Presence

At least nine new Hyatt-branded hotels are expected to open across the GCC by 2017A

France, Qatar Sign $7bn Rafale Warplane, Missile Deal

The deal covers the sale of 24 Dassault Aviation-built Rafale fighter jets.

Emirates: Working On “Point-By-Point” Rebuttal Of US Carriers Subsidy Report

The airline’s president Tim Clark states that its success is making Emirates a “scapegoat.”

Kuwait’s Burgan Bank Q1 Net Profit Rises 2%, Misses Estimates

Burgan made a net profit of KD17.54 million ($58.2 million) in the first quarter of 2015.

Dubai Visitor Numbers Up 8.2% In 2014

New official report says a total of 13.2 million tourists visited Dubai last year.