Saudis tell Russia: Syria action will have “dangerous consequences”

The Saudis urged Russia to help fight terrorism in Syria by joning the already established anti-Islamic State coalition

Almost 71% of affluent UAE residents own more than one credit card

Credit cards were also used frequently, with almost a third using their card daily and almost half using it weekly, a report found

UAE named world’s third strongest nation brand

A favourable tax regime, strong tourism credentials and low levels of crime have propelled the UAE forward in brand strength rankings

Aldar launches phase two sales at West Yas villa development

Abu Dhabi developer says sold 300 luxury villas within the project in first phase

Kuwait oil minister says no calls within OPEC for ceiling change

Ali Al-Omair said a market exit by high-cost producers could help buoy oil prices in 2016

Abu Dhabi Crown Prince and Russia’s Putin discuss Syria, Yemen

Sheikh Mohamed met the Russian President in Sochi on Sunday

Mobile phone recycling firm Redeem expands in UAE

The company, which established an office in Dubai this year, has signed partnerships with three major electronic retailers

Qatar energy minister says oil price has bottomed out

Signs indicate that a recovery will take place in 2016, Qatar’s energy minister Mohammad bin Saleh al-Sada said

Kuwait says won’t slow development of oil projects

Kuwait Petroleum Corp is studying investment opportunities, including petrochemicals, in Asia and North America

Russia’s Putin, Saudi defence minister agree to cooperate in Syria

Russia’s intervention in Syria has infuriated Syrian President Assad’s regional foes, including Saudi Arabia

Siemens wins new service contract at Dubai International airport

The company will provide operation and maintenance services for baggage and material handling systems

Lufthansa launches premium economy on Gulf flights

New lounge earmarked to open at Concourse D and Eurowings gears up for December launch

Kuwait sovereign fund may sell assets to cover deficit – report

The fund, which is estimated to have more than $500bn of assets, is studying whether to liquidate assets that generate annual returns of below 9 per cent

Iran judiciary says verdict issued in Rezaian case

The official did not say whether Rezaian had been convicted or acquitted, nor give any further details

France to agree aerospace deals with Saudi Arabia – sources

Saudi Arabia has shown interest recently in purchasing flexible assault naval vessels like the Mistral helicopter carriers sold to Egypt as well as multi-purpose Fremm frigates

Trading in Saudi Arabia’s Mobily suspended -regulator

Mobily restated 27 months of earnings to March 31, 2015, slashing its total profits over the period by nearly SAR 1.76bn ($470m)

Apple ranked ‘most intimate’ brand in the UAE

Abu Dhabi Commercial Bank only UAE brand to make top ten

Russia’s Putin and Abu Dhabi crown prince to meet, discuss Syria

The two leaders will meet on Sunday, the Kremlin announced

UAE announces Islamic New Year holiday

The ministry has declared October 15, Thursday as a holiday for public sector workers

Dubai’s RTA to introduce over 3,200 new taxis by 2020

The introduction of the new taxis follows growing demand in the market

Refugee crisis, oil price slump to hit Middle East’s economic growth – IMF

Export earnings of oil producing countries in the Middle East and North Africa region fell by $360bn in 2015

UAE serviceman dies in vehicle accident in Yemen

The soldier was killed when the vehicle he was travelling in overturned on Saturday

Dubai developer to build $4.8bn tourist resort in Bosnia

The ‘Buroj Ozone’ project will include thousands of housing units, hotels and the largest shopping centre in Bosnia

Kuwait sports clubs back government in dispute with FIFA

FIFA has given the Kuwait Football Association until this week to avoid implementing a new set of sports laws

Oil market needs a leader, Saudi adviser says

The advisor called for greater international cooperation to reduce speculation and support a healthy oil market

At least 95 killed in bomb attack on pro-Kurdish rally in Turkey’s Ankara

Witnesses said two explosions happened seconds apart shortly after 10 am as crowds gathered for the rally

UAE-Taiwan trade hit by oil price drop, yuan devaluation

Taiwan’s exports to the UAE have been stagnant over the last year due to a weak yuan and oil price fall, a senior official said

Oil prices could impact regional business – SAP

Despite fears of oil price impact, the Middle East and North Africa is a strategic market for SAP

Gulf governments maintain spending to drive growth despite oil price slump – report

The report, however, warned that GCC governments’ capital spending levels could dip if oil prices continue to fall

The World’s Worst Passports For Travel in 2015

Which citizens face maximum visa restrictions and have the fewest travel options?