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Abu Dhabi sees 4.9% rise in hotel guests to May-end

New attractions and recent stimulus measures are expected to boost visitor numbers in the second half of the year

Saudi warns of $27,000 fine for transporting, employing illegal residents

Those found harbouring illegal workers face up to six months in jail

UAE’s NMC Health announces joint venture with Saudi pension fund

The non-binding deal would create one of the kingdom’s largest private healthcare firms

Sharjah Healthcare City to welcome $100m hospital

The 120-bed facility will be the first within Sharjah Healthcare City

UAE to provide free healthcare to residents with chronic illnesses

Patients will be referred to the programme by their physician and assessed for treatment

Bahrain’s Investcorp announces Abu Dhabi hospital partnership

The first phase of the project will comprise a rehabilitation centre with more than 100 beds

Dubai’s Nakheel enters Sharjah JV for $20m retail centre

The project is Nakheel’s first outside of Dubai

Dubai replaces marina waterbuses with abras

The new abras will offer air conditioning

UAE healthcare provider NMC raises $2bn loan, say sources

NMC previously said it planned acquisitions worth up to $800m this year, as it looks for growth opportunities across the GCC

UAE’s ENEC appoints chief nuclear officer amid reactor delays

The country originally planned to bring its first reactor online last year

Dubai ambulance services to be free for patients

Under no circumstance will the patient bear any financial liability, according to the new resolution

Dubai’s Al Khaleej signs $1bn Egypt sugar refinery deal

The project will extend over 77,000 hectares

UAE launches $50m stroke institute with John Hopkins

The new institute will have locations in Abu Dhabi and Baltimore

Abu Dhabi’s Etihad announces new baggage policy

Passengers will be able to bring as many bags as they want within set weight limits

UAE’s NMC Health announces two acquisitions

The company said last year it had $800m for investments

Saudi’s Shoura Council considers ban on cloning, euthanasia

The law will ban the termination of life of any patient for any reason

Dubai-based private equity business launches $250m healthcare fund

TVM Capital Healthcare will use the fund to make investments in areas including cancer, mental health and metabolic diseases

Abu Dhabi announces new healthcare model

The new Primary Care Standard will focus on family healthcare and come into force on January 1, 2018

London-listed NMC in talks to run struggling Saudi hospital – sources

The move would be a test of Riyadh’s plan to bring overseas investors into the healthcare sector

UAE’s NMC Healthcare plans $800m in investments

The London-listed firm plans to acquire hospitals and other facilities

GCC healthcare market to be worth $70bn by 2020

Saudi health ministry to establish holding companies

The kingdom eventually plans to privatize 290 hospitals and 2,300 primary health centres by 2030

sabic

SABIC set to boost investments in China

As part of the deal, SABIC will study investment possibilities in the Guangzhou Nansha Development Zone

Saudi Arabia agrees to buy $7bn in precision munitions from US firms – sources

Raytheon and Boeing are the companies said to be involved in the deal

Arabic digital health start-up Altibbi raises $6.5m

The round was co-led by Middle East Venture Partners and Dash Ventures.

Fire breaks out at construction site in Dubai’s Jumeirah district

No injuries were reported in the blaze at the under-construction shopping centre.

One in four children in Arab world live in poverty – UNICEF study

The analysis of 11 countries found 29 million children were living in poverty

UAE’s Aster DM Healthcare agrees $295m loan with Axis Bank

Aster had a $276m loan outstanding with a consortium of eight banks

UAE hospital operator NMC Health pursues Gulf expansion

Among the company’s target markets is Saudi Arabia, its CEO said