Dubai property firms can weather current market correction – S&P

The real estate entities rated by S&P have “sufficient headroom in their credit ratios” to handle the slowdown, the agency said

Google Street View expands across UAE into Sharjah and Ajman

Trekker equipment has already captured the Eye of the Emirates wheel

Abu Dhabi’s Al Noor Hospitals Group buys Rochester Wellness

Post the deal, the listed firm is planning to open a new Rochester Wellness unit in Abu Dhabi

Exclusive: UK subsidiary of Nigeria’s Access Bank to open Dubai office

The bank aims to help facilitate investments from the Gulf region into Africa, primarily Nigeria, says CEO

Saudi Arabia denies bombing Omani envoy’s home in Yemen

The envoy’s home was reportedly hit by Saudi-led air raids on Friday morning

Saudi Aramco almost completes Wasit project, awaits offshore gas-sources

An industry source said the plant is not expected to start processing non-associated gas from offshore sour gas fields before the end of the year due to technical difficulties

Saudi king, Venezuela president discuss oil price recovery, OPEC

Venezuela’s government is pushing for action to boost low oil prices that have battered its economy

UAE lags behind Saudi Arabia in global innovation index rankings

The Emirates, which topped the regional list last year, has seen a massive fall in ratings on the 2015 global innovation index

Saudi Arabia pledges 100,000 troops to protect haj 2015

Elite counter-terrorism units and police deployed to holy sites as three million pilgrims are expected to arrive on Tuesday

Video: Sheikh Rashid’s life and achievements

Sheikh Rashid, the eldest son of Dubai’s ruler, died on Saturday and was laid to rest at the Umm Hurair cemetery

Saudi’s United Cooperative Assurance says gets Mecca crane claim

The insurance firm said it had received the claim on September 13 and it had appointed evaluators to determine the damage caused by the accident

Popular New York restaurant Serendipity 3 to open in Dubai

Two outlets will be opened at Dubai Festival City and The City Walk in December 2015

Harley Davidson opens fourth UAE store in Dubai Investment Park

The new 1,481 square metres facility is the second Harley Davidson outlet in Dubai

Even as Iran opens up, travellers face credit card blocks

Two hotels will open in Tehran next month – the ibis IKIA and Novotel IKIA, the first international brands to re-enter the market since 1979

Bahrain, Saudi Arabia sign contracts worth $300m for new oil pipeline

The new pipeline will replace an ageing 230,000 bpd link and will help increase the processing capacity of its Sitra refinery

Dubai’s DEWA plans tender for 800 MW third phase of solar park

The tender for the project will be launched in the fourth quarter of 2015

Kuwait Petroleum aims to boost outlets for its fuels in Europe

The company currently owns two refineries in Europe and has more than 4,000 Q8 petrol service stations across the continent

Saudi minister says MERS cases are reducing before haj

The Health Ministry confirmed two more cases of the disease in Riyadh on Thursday, but the number of cases has declined since last month

Dubai ruler’s eldest son Sheikh Rashid dies of heart attack

Dubai ruler’s court has declared a three-day mourning and flags in all government institutions will be flown at half-mast

Middle East aviation sector eyeing wearables, new tech for growth

Investments are pouring into areas of IT that can facilitate check-in, bag drop/collection and entertainment

UAE financial officers fear skills shortage

Financiers are concerned their talent will be lured away by the “attractiveness” of Western markets, survey finds

Kuwait says oil market will balance itself, must be patient

Kuwait’s OPEC governor said the current imbalance stemmed from several factors and not just an economic slowdown in China

UAE’s ENEC says first unit of nuclear plant 75% complete

The second unit at the Barakah plant is also 53 per cent complete following the installation of steam generators

Falling oil prices will shrink MENA advertisement spending – Zenith

Agencies have imposed stronger spending restrictions in anticipation of lower consumer demand, the agency says

Abu Dhabi state fund Mubadala reports 53.4% drop in first half net profit

Gains from financial investments failed to offset lower income from disposals and higher costs

Saudi Arabia denounces Israeli actions at Jerusalem’s al-Aqsa mosque

On Tuesday, Israeli police fired stun grenades and tear gas at rock-throwing Palestinians who barricaded themselves inside al-Aqsa mosque

Dubai ruler launches $3m Arab Reading Challenge project

The project will see over a million students committing to read 50 million extracurricular books during one academic year

Saudi diplomat accused of rape withdrawn from India

The diplomat was accused of repeatedly raping and torturing two Nepali maids working at his home near New Delhi

Saudi Aramco says Amin Nasser appointed as CEO

Nasser has been acting president and chief executive officer of Saudi Aramco since April

Qatari developer Katara buys iconic Rome hotel for $251m

As part of the deal, the Westin Excelsior Rome will undergo a complete renovation over the next five years