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UAE

Abu Dhabi’s ADNOC considering IPO in some services

ADNOC will remain wholly owned by one single shareholder – the Abu Dhabi government

Update: Russian rocket, not meteor passes through UAE night sky

The passing of the meteor was a “natural and regular phenomenon”, say officials

Etihad launches trial for hand-baggage only deal fare

The cheaper fare is valid for bookings between October 18 to December 18 to Kuwait and Bahrain

Rethink gold and diamond VAT, urges DMCC chief

Ahmed bin Sulayem argued the UAE’s good and diamond market could be severely damaged by the new tax

UAE launches new strategy for artificial intelligence

The strategy will see AI playing a major role in all public departments

UAE’s finance ministry yet to fix VAT rate on goods, services

The UAE is set to introduce VAT from January 1, 2018

Dubai Aerospace plans sukuk issue by mid-2018

The Dubai government-controlled company is one of the world’s largest aircraft lessors

Dubai property prices drop slightly in Q3, more supply expected

Sales prices were down by around 1 per cent in Q3, finds CBRE report

City Centre Sharjah mall redevelopment now 75% complete

The mall will feature Sharjah’s largest VOX Cinemas multiplex with 12 screens

Emirates ‘disappointed’ by UK court ruling over missed flight compensation

Court rules that non-EU airlines should pay compensation in the event of missed connections

Saudi begins naming rights tender for Riyadh metro stations

Funds raised will be used to sustain and develop services and reduce operational costs

Dubai puts $20.2bn Jumeirah Central project on hold – report

The mega project replaced the previously announced Mall of the World at a site opposite Dubai’s Mall of the Emirates

Abu Dhabi’s ADNOC launches new unified brand

The single brand aims unite ADNOC’s group of companies to highlight the scale of its business

Video: Emirates launches $15m advert featuring track from Queen

The campaign highlights some of Emirates’ key destinations

Dubai’s Aramex announces CFO resignation

Bashar Obeid has informed the board of his plans to exercise his early retirement option

New speed limits on two major Dubai roads take effect

The speed limits on Sheikh Mohammed bin Zayed Road and Emirates Road have been cut from 120km/h to 110km/h

UAE, Saudi welcome new US strategy towards Iran

US President Donald Trump has threatened to end the 2015 Iran nuclear deal

Etihad flight from Abu Dhabi makes emergency landing in Australia

The jet, which had 349 passengers on board, experienced a technical snag

Dubai school fire sees 2,000 evacuated

Firefighters arrived at the scene after five minutes

Dubai’s RTA tests on-demand bus app

A trial run of the project will begin by the end of this month

World Bank lowers GCC growth forecast

Saudi Arabia and Oman will see barely any growth this year and Kuwait’s economy will contract, according to the forecast

Dubai’s Nakheel awards Dhs165m deal for six marinas at Deira Islands

When ready, the marinas will accommodate a total of 614 boats

VAT to create over 5,000 jobs in the GCC – analyst

The UAE will begin implementing the tax in January 2018

Dubai’s RTA to introduce loyalty programme for Nol cards

Card users will receive coupon vouchers for cafes, restaurants and entertainment centres

Pics: Meraas’ new Dubai beachfront project La Mer to open this month

Located at Jumeira 1, the development will feature retail and entertainment facilities

UAE’s first hydrogen fuel station opened

The new station aims to lead to a larger-scale deployment of fuel cell electric vehicles

Emirates president says could work with Etihad in some areas

“I think there is value to be had working more closely with them,” Clark said

Etihad to launch flights to Baku from March

The service will be operated three times per week

UAE employees spend five hours a week bored at work – report

Reasons for boredom include the lack of interesting work and challenges

Saudi livestock firm SALIC in $1.3bn JV with UAE’s Al Dahra

The joint venture will invest across 10 countries in the Black Sea