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Abu Dhabi announces new healthcare model

The new Primary Care Standard will focus on family healthcare and come into force on January 1, 2018

London-listed NMC in talks to run struggling Saudi hospital – sources

The move would be a test of Riyadh’s plan to bring overseas investors into the healthcare sector

UAE’s NMC Healthcare plans $800m in investments

The London-listed firm plans to acquire hospitals and other facilities

GCC healthcare market to be worth $70bn by 2020

Saudi health ministry to establish holding companies

The kingdom eventually plans to privatize 290 hospitals and 2,300 primary health centres by 2030

sabic

SABIC set to boost investments in China

As part of the deal, SABIC will study investment possibilities in the Guangzhou Nansha Development Zone

Saudi Arabia agrees to buy $7bn in precision munitions from US firms – sources

Raytheon and Boeing are the companies said to be involved in the deal

Arabic digital health start-up Altibbi raises $6.5m

The round was co-led by Middle East Venture Partners and Dash Ventures.

Fire breaks out at construction site in Dubai’s Jumeirah district

No injuries were reported in the blaze at the under-construction shopping centre.

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Photos of the week: UAE leaders host Kuwaiti Emir, London Bridge memorial, Syrian boy finds a home

One in four children in Arab world live in poverty – UNICEF study

The analysis of 11 countries found 29 million children were living in poverty

UAE’s Aster DM Healthcare agrees $295m loan with Axis Bank

Aster had a $276m loan outstanding with a consortium of eight banks

UAE hospital operator NMC Health pursues Gulf expansion

Among the company’s target markets is Saudi Arabia, its CEO said

Alwaleed Philanthropies donates $3m to END Fund

The sum will support END’s efforts to fight neglected tropical diseases over the next three years

Saudi Shoura Council asks ministry to postpone water price increases

Water tariffs in the country are expected to rise from next month

UAE’s ADNOC, Occidental to expand Al Hosn capacity by 50%

ADNOC holds a 60 per cent share in the Al Hosn joint venture

Kuwait dissolves Olympic committee over financial irregularities

National football association also dissolved and interim group formed

40% of mobile shops fail to meet Saudisation target, 30% shut down

Shop owners were expected to employ 50% Saudis by Ramadan under new rules

Sheikh Al Nahyan Centre opens at Musee du Louvre in Paris

The launch comes as construction continues on the UAE’s own Louvre museum in the capital Abu Dhabi

NMC Health eyes Gulf, Asia Pacific acquisitions

The firm said it may tap the bond market if a significant acquisition opportunity arises

Dubai property market slumps as US dollar value increases

Office sector continues to perform badly as retail flourishes

Airline

Airlines hit by corporate travel cuts in Oman

Austerity is forcing companies to ground workers, according to reports

Saudi expects oil freeze to include Iran

Deputy crown prince said freezing oil prices was not the country’s “battle”

Iran will consider oil freeze when its reaches 4 million bpd - report

Iran will consider oil freeze when its reaches 4 million bpd – report

Oil minister suggests the country would look to return to pre-sanctions levels

Car Review: Mercedes-AMG C63 S Coupé

Car Review: Mercedes-AMG C63 S Coupé

The power and versatility of the Mercedes-AMG C63 S Coupé helps it stand out from its C-class competitors

Oman’s Salalah Port signs MoUs with two Iranian terminals

Deals could facilitate growth in shipping, trade and commerce, the port’s chief executive said

Middle East economic slowdown hits mobile handset sales

Mobile sales grew just 1 per cent in Q4 2015, IDC said.

Nearly 20 million jobs needed for Middle East’s young population

Careem VP says more technology start-ups can fill the gap as region’s population of under-25s soars

UAE chocolate market to grow 8% annually up to 2021

Demand for premium products and dark chocolates is booming, finds report.

UAE, Saudi see improved non-oil private sector growth in February

Growth in new orders and increased hiring helped boost growth.