Dubai Sees Reduced Energy And Water Demand In 2013

Dubai’s annual per capita consumption of electricity and water fell to 15,346 KW and 40,777 gallons respectively in 2013.

Qatar’s Emir Says All Listed Firms To Up Foreign Ownership Limit To 49%

Foreign ownership is usually limited to 25 per cent in publicly listed firms.

Dubai Residents Feel Tremors, Officials Confirm Earthquake In Iran

Earthquake measuring 5.2 took place in Iran, tremors felt in the UAE.

Exclusive Interview: HE Helal Saeed Al Marri, Dubai’s Tourism Chief

The director general of DTCM reveals how he plans to make Dubai the world’s number one holiday spot.

Ex-Leeds Official Accused Of $6.45m Embezzlement In Dubai

Dubai-based GFH Capital, where David Haigh was previously the deputy CEO, said his arrest was not related to the Leeds sale.

Emirates Eyes A380 Vienna Services

If previous ‘one offs’ are an indicator, it may not be long before Austrian travellers fly on the airline’s A380s regularly.

Qatar Airways Shifts Operations To Hamad International Airport

All flights from 9:00am Doha time on Tuesday, 27 May, will operate from the new airport.

Etisalat Given $500m By Abu Dhabi For Maroc Telecom Deal

Etisalat is 60 per cent owned by the United Arab Emirates.

Saudi’s Ma’aden Appoints HSBC As Advisor For SAR5.6bn Rights Issue

Ma’aden had earlier this month said it was seeking shareholder approval for a capital increase.

Gulf Carriers Impact United Doha Drop

The US carrier will be dropping Doha from its triangular Washington-Doha-Dubai service from August 30.

Mumbai Tops List For UAE NRI Property Investors – Survey

Bangalore is also emerging as a property investment hotspot for Indian residents in the UAE, finds new survey.

UAE, Egypt Award Deals To Build Two Wheat Silos

The silos project is part of the UAE’s $4.9 billion aid package announced in October.

Abraaj Buys Stake In Thai Education Firm Amid Political Turmoil

Abraaj said it had bought a stake in out-of-school education provider KPN Academy, without disclosing the purchase price.

Bahrain Plans IPO For Khalifa Bin Salman Port Operator

The listing aims to fulfill a contractual agreement made when the port opened in 2009.

Saudi’s CPC Acquires Egypt’s Sphinx Glass For $190m

The Jeddah headquartered company aims to increase Sphinx’s revenues to $63.2 million this year from $55 million in 2013.

Kuwait’s NREC Appoints RTKL As Designer For Abu Dhabi’s Stalled Reem Mall

The $1 billion mall will consist of 450 stores and 85 restaurants.

Accor Expands Adagio Brand In KSA

Second Aparthotel targeting mid and long-stay guests confirmed for Jeddah

Stock News: Emaar Unit Listing Plan Lifts Dubai

Emaar said on Monday it would list up to 25 per cent of its malls business on the Dubai Financial Market.

UK Firm To Build $505m Sharjah Faciliity

The project is set to become the world’s largest advanced thermal energy-from-waste facility.

Emaar To Sell 25% Of Malls Business On Dubai Bourse

The firm said it had received regulatory approval for the listing, which will take place on Dubai Financial Market (DFM).

Doha Festival City Awards QAR1.65bn Main Mall Construction Contract

Gulf Contracting Company, in a joint venture with ALEC Qatar, won the contract for the mega project.

Dubai Tops Global Travellers’ List For Shopping, Hotels – TripAdvisor

The emirate beat New York and London to emerge as the favourite destination in the world for shopping.

Bahrain Says No Plans To Return Ambassador To Qatar Soon

Saudi Arabia, Bahrain and the UAE recalled their ambassadors from Doha in March.

Stock News: Qatar Rallies Ahead Of MSCI Upgrade

Doha’s index has risen 26.5 per cent so far this year.

Etihad Launches Freighter Operations To Uganda’s Entebbe

The service is expected to carry large quantities of electronics and textiles to the Ugandan city.

Saudi Savola Sells Kazakhstan Edible Oil Unit For $28.5m

Savola said it has made a capital gain of SAR17 million from the sale.

Etisalat Scraps Buyout Offer To Maroc Telecom Minority Shareholders

Etisalat paid 4.14 billion euros ($5.7 billion) for Paris-listed Vivendi’s stake in Maroc Telecom.

UAE Businessman BR Shetty Buys Forex Firm Travelex

Dr. Shetty is the owner of money transfer service UAE Exchange, which has over six million customers in 30 countries.

UAE To Continue Political, Economic Support To Egypt After Poll

The UAE has welcomed Sisi’s rise and the army’s crackdown on the Muslim Brotherhood.

Bahraini Rights Activist Free After Two Years In Jail

Nabeel Rajab, founder of the Bahrain Centre for Human Rights, was found guilty of organising and participating in illegal protests.