Kuwait to raise output to compensate for oilfield closures

The country had to shut down two oil facilities that it shared with Saudi Arabia last year

UAE job market continues to surge despite oil price drop

The UAE’s economic diversification, smart city vision and political stability have all helped fuel the job market, says analyst

UAE job market continues to surge despite oil price drop

The UAE’s economic diversification, smart city vision and political stability have all helped fuel the job market, says analyst

Recognising the value of positivity at work

Psychologists Louise Lambert and Alex Davda explain how to promote a better working environment

Saudis trimming expenses, slowing some projects – finance minister

Ibrahim Alassaf said the kingdom was well-prepared to cope with the plunge of crude prices

Emaar launches Creekside 18 residences at Dubai Creek Harbour

The project consists of 480 residential units with one, two and three bedroom apartments in two 37-storey towers

Dubai’s Damac launches Dhs36m luxury homes styled by Bugatti

The uber-luxurious limited edition villas will be located within Damac’s AKOYA Oxygen master development

Saudis may follow UAE and cut fuel subsidies

The newspaper did not elaborate on when the government might reach a conclusion on the issue, and it did not give details of the possible reform

Kuwaiti banks will not feel pinch of low oil prices – Fitch

Public spending in the Gulf state is expected to remain strong thanks to big buffers

UAE observes three-day mourning for 45 soldiers killed in Yemen

Schools and other institutions will not have a holiday but the flags will be flown at half mast during this period

Dubai Properties to launch new luxury residential tower 1/JBR

The project is scheduled to be completed by early 2019, the developer said

Bahrain’s GFH says board approves Kuwait delisting

The decision meant GFH could focus trading on its home and the main secondary market for its shares, Dubai

In Qatar, Venezuela’s Maduro pushes for OPEC heads of state summit

The Venezuelan leader said that he had also suggested to Qatar’s emir that non-OPEC countries, take part in future OPEC meetings

UAE’s Etisalat to open shares to foreign, institutional buyers September 15

In June, Etisalat said it would loosen these rules to permit foreign and institutional investors to own shares worth up to 20 per cent of the company

Coalition attacks Yemen capital after UAE, Saudi soldiers killed

WAM said the UAE air force struck a mine-making plant in the Houthi-dominated Saada province and military camps and weapon stores in the central Ibb province

UAE, Bahrain say 50 soldiers killed in Yemen attack

The incident took place in the oil-producing Marib area of central Yemen near the border with Saudi Arabia

Saudi Arabia satisfied with Obama’s assurances on Iran deal

Saudi King Salman met with Obama at the White House on Friday to seek more support in countering Iran

Different Arab money

Beating state debt addiction proves hard for UAE banks

During the global credit crisis of 2009-10, UAE banks were hobbled by their links to heavily indebted companies that were wholly or partly owned by governments of the seven emirates in the UAE

Qatar’s first FIFA 2022 World Cup stadium to be ready by 2016

Khalifa International Stadium will have a new building in its east wing following its renovation while the entire seating area will be covered through a single roof

Troubled Atlas Jewellery seeks time to repay $136m debts

The Atlas default affects at least 15 banks, but sources say that reaching a deal would be tricky unless creditors can meet its founder, who remains in police custody

Helipads planned alongside three Dubai metro stations

The helipads will be used during emergency situations for medical evacuation, officials said

Emirates’ Jennifer Aniston TV ads to cost $20m

The advertisements are scheduled to begin running this October, a senior spokesperson confirmed

Twitter launches self service ad platform in the UAE

The service, now available in 200 countries, targets small and medium-sized businesses

Dubai’s DIFC aims to have 100 Indian firms by 2024

Dubai’s financial freezone is looking to Indian and other Asian markets to fuel its growth over the next 10 years

Saudis consider blanket imposition of urban land tax

In March the cabinet approved in principle the idea of taxing undeveloped land in urban areas

Obama scores policy win in securing votes for Iran nuclear deal

The list of US senators backing the deal has now reached 34

Damac says will deliver first homes in Dubai South in six months

The NAIA Tenora project by Damac features 270 serviced hotel apartment units

UAE August non-oil business growth climbs to six-month high

The seasonally adjusted Emirates NBD UAE Purchasing Managers’ Index rose to 57.1 points last month from 55.8 in July

War prevents 13m children from attending school in MENA – UN

Attacks on schools are one of the main reasons why many children cannot go to classes, a report by UNICEF said

Saudi Arabia, U.S. near deal for two Lockheed warships

The deal, valued at well over $1bn, could be reached by the end of this year