Dubai communities that saw the biggest price drops in H1 2019

Apartment and villa prices in Dubai were down in the first half of the year

Saudi Aramco asks banks to pitch for roles in IPO

Aramco’s planned IPO, which could potentially raise $100bn, is the centrepiece of Saudi Arabia’s economic transformation drive

Saudi-led coalition in Yemen attacks military targets in Sanaa

The coalition advised civilians to stay away from the targeted areas

Video: Etisalat says 5G coverage available at world’s tallest tower in Dubai

Etisalat aims to build 1,000 5G towers across the UAE this year

Islamic New Year holiday for UAE public and private sectors announced

The holiday is expected to fall on September 1, though it is subject to the moon sighting

Dubai Police warn of scammers posing as celebrities on social media

If you get a message from Mariah Carey… it’s probably not Mariah Carey

Saudi-owned Muvi Cinemas partners with Motivate Val Morgan for advertising

Saudi-owned Muvi recently opened its first cinema in the kingdom

Revealed: The Middle East’s most punctual airline

Abu Dhabi airline Etihad leads the pack for the first seven months of the year

Indian PM Narendra Modi to visit the UAE this week

Modi will also travel to Bahrain following the two-day UAE visit

Kuwait’s Emir has recovered after health setback

Sheikh Sabah, 90, went through a medical checkup and the results were good, an official said

Abu Dhabi developer Imkan appoints main contractor for Pixel project

Completion of the project, which will feature seven towers, has been pushed back from Q4 2020 to Q4 2021

New Dubai business licences up more than a third in H1

Women were granted 12 per cent of the new licences

UAE’s FTA launches new e-system to register excise goods

Excise taxable persons have been urged to comply with the new declarations, tax return forms and reporting requirements

Kuwait sovereign fund in portfolio shift on signs of global economic weakness

KIA reportedly made “calculated exits” from investments it felt were vulnerable to a downturn in global financial markets

Dubai welcomes over 8.3 million tourists in the first half of the year

Numbers up 3 per cent in first six months of 2019 compared to 2018

Saudi to issue e-visas for Umrah pilgrims

The kingdom is seeking to issue 10 million visas for this year’s Umrah season

Dubai’s DEWA awards Dhs1.4bn contract for Hatta hydroelectric power station

The hydroelectric project will generate 250MW of power when complete

Saudi, UAE want to invest in Lebanon, says PM Hariri

Saad al-Hariri said talks were under way with Riyadh on some 23 economic deals

Houthi drone attack on Saudi oilfield causes gas fire, output unaffected

Saudi energy minister Falih called the latest attack a “terror and sabotage act”

Are holiday homes gaining popularity in Dubai?

From cars to homes, people are getting paid to share some of their biggest assets

UAE nationals now exempt from pre-entry visas to South Africa

Emiratis will be allowed to stay for a period up to 90 days in South Africa

Global economy worries weigh on GCC stocks

China’s economy stumbled more than expected in July as growth in Europe also slowed

UAE flights to Hong Kong return to normal

Emirates and Etihad flights to Hong Kong are back to taking off close to their scheduled departure time amid ongoing protests

UAE’s IBC group plans to acquire 10,000 holiday homes in Dubai in $5bn deal

The properties to be acquired will be financed via a $1 trillion Sharia-compliant bond

UAE satellite captures image of Makkah from space during Hajj

KhalifaSat, built by Emirati engineers, was launched into space in October 2018

Revealed: Top 10 highest earning airline routes

Dubai airline Emirates’ service to London Heathrow features high on the list

UAE telcos Etisalat and du offer discounts for people of determination

The telcos will offer internet and mobile data for half-price

Mohamed Yousuf Naghi Motors acquires Ford and Lincoln dealership in Saudi

Yousuf Naghi Motors is the official distributor of BMW, Jaguar, Land Rover and Hyundai in the western and southern regions of Saudi

First utility-scale wind farm in GCC begins producing power

The Dhofar wind farm in Oman has begun generating electricity

Dubai developer Damac Properties, contractor Arabtec Q2 profits drop

Dubai property prices have fallen since a mid-2014 peak, hurt by weaker oil prices and muted sales