Dubai beats Madrid and Beijing on innovation index

London was deemed the world’s most innovative city

Saudi women must ‘think like men’ at work, says councilwoman

Rasha Hefzi also believes the Kingdom will have a female prime minister

Qatar eyes future bid for Summer Olympics

Official suggests Qatar will have the necessary infrastructure after 2022

Oman to borrow up to $10bn – report

Sultanate is eyeing foreign loans to plug its budget deficit

Dubai to launch 1,000 data gathering projects

Emirate plans to use data to develop and manage public services

Revealed: Top 5 most powerful Arabs in Qatar

Controversial airline CEO Akbar Al Baker tops our list of powerful Qataris

UAE reveals largest-ever structural changes in government

Changes include fewer ministries, bigger role for private sector

UAE will “extinguish fire in Yemen” – deputy PM

​Sheikh Saif says UAE made a “sound decision” to get involved in Yemen

Kuwait to pay $600m in bonuses despite 64% budget deficit – report

Reports suggest the number could double if oil sector bonuses are included

CEO Predictions 2015: Hani Ashkar, Middle East Senior Partner, PwC

The need for economic diversification and social and hard infrastructure is not going away, writes Ashkar.

DP World CEO Mohammed Sharaf retires

Chairman Sultan bin Sulayem will carry out the CEO’s duties and functions on an interim basis

How technology is driving a card payment revolution in the Middle East

Verifone Middle East and North Africa vice president and general manager, Ozgur Ozvardar, gives his thoughts on the future of digital payment methods

Tightening government spend to have biggest impact on GCC energy sector – poll

Most Gulf states have cut spending to offset dropping oil revenues

Middle East oil industry to see surge in mergers and acquisitions amid economic downturn

Region expected open to overseas oil servicing deals to enhance technology

Top 5 trends within the MENA media industry for 2016

Agency UM MENA predict the highlights that will shape the region’s industry this year

US seeks to pacify GCC states about Iran nuclear deal

US secretary of state John Kerry met with GCC ministers in Riyadh and expressed concern about activities carried out by Iran in some countries

Iran sanctions relief: Impact on the oil industry

Oversupply in the oil market is expected to continue for a while, says A.T. Kearney

UK launches luxury services for UAE visa applicants

New services include platinum lounge and mobile biometric facility

RAKBANK expat staff to be hit by 250 job cuts

Lender said cuts were due to the slowing market

Bloomingdales confirms Kuwait store opening

Luxury Macy’s-owned beauty and accessories store will span 93,000 sq feet over three levels at the 360 Mall

MENA employees believe ethics is collective responsibility – poll

Survey by Bayt.com and CUD also reveals professionals’ faith in their managers’ decisions

Dubai’s Burj Al Arab to unveil new luxury leisure attraction shipped from Finland

The 10,000 sqm deck will extend 100 metres out into the Arabian Gulf and feature cabanas, sun loungers, a restaurant and a bar

IEA expects oil oversupply to continue with Iran re-entry

Organisation suggests the market could ‘drown in oversupply’

Record year for Middle Eastern cross-border M&A

Outbound deals fueled by the region totaled $76.34bn

Dubai Parks and Resorts – a new chapter begins

Chief executive officer Raed Kajoor al Nuaimi talks to Dean Carroll about Dubai Parks and Resorts’ flagship Dhs 10.5bn project and the company’s future plans

Filipino fast food chain Jollibee to open 100 stores across the GCC by 2020

The company’s Dubai Mall outlet is its most financially successful restaurant worldwide

Abu Dhabi bank NBAD to invest $10bn in sustainable businesses

The amount will be used to finance environmentally sustainable projects over the next 10 years

UN chief launches humanitarian financing report in Dubai

Ban Ki-moon unveils landmark report in presence of HH Sheikh Mohammed bin Rashid Al Maktoum

Value of GCC project contract awards to drop 15% in 2016 – report

GCC governments have slashed spending as oil prices continue to plummet

More than half of UAE residents say their salary is too low to save money

Another third of cash-strapped employees cannot save a single dirham a month