Lower oil prices hitting Abu Dhabi property market -consultants

  (Reuters)   ABU DHABI: The impact of a subdued oil market on econo...

Saudi shipper Bahri plans to increase VLCC fleet to 46

Photo courtesy: National Shipping Company of Saudi Arabia (Bahri)   To incre...


Saudi Arabia's oil reserves: how big are they really?

  By John Kemp LONDON: "How much oil lies beneath the desert sands of Saudi...

Kuwait to strengthen security at oil sites

(file photo / reuters)   DOHA: Kuwait National Petroleum Company (KNPC) will...

Saudi Q1 economic growth slowest in 3 years, may near zero this year

King Abdullah Financial District in Saudi Arabia. (file photo / Reuters)   B...

Dubai Properties Group CEO AlMulla resigns

  DUBAI: Dubai Properties Group Chief Executive Abdullatif AlMulla resigne...

Saudi Arabia keen to expand China energy investments

World's top oil exporter Saudi Arabia wants to further improve partnership with its cus...

Alstom consortium wins $2.9 bln contract to expand Dubai Metro

File photo of Dubai metro. REUTERS DUBAI: Dubai’s Roads and Transport Author...

Saudi non-oil GDP growth to slow to 2.8 pct this year: c.bank chief

DUBAI: Growth in Saudi Arabia's non-oil gross domestic product is expected...

Six Flags Entertainment seeks to open Saudi theme parks

DUBAI: U.S. theme park company Six Flags Entertainment Corp plans to expand to Sa...

UAE banks NBAD and FGB confirm talks over possible merger

File photo of a man walking past a National Bank of Abu Dhabi branch. Reuters/Jumana E...

Dubai group to pay $2.4bn for Americana

DUBAI: An investment group led by prominent Dubai businessman Mohamed Alabbar has a...

Oman successfully completes requirements for $2.5 billion worth bonds

  Muscat: As part of its plans to finance the state budget's deficit, Omani...

Dubai’s Meydan raises 1 bln dirhams Islamic financing

Meydan, a major developer of hospitality and entertainment facilities in Dubai, including t...

Saudi cabinet approves economic diversification plan

  Jeddah, Saudi Arabia: The Saudi cabinet has approved a major plan to...

Bollywood, Hollywood enrolled in Dubai tourism drive

A picture taken on May 30, 2016 shows workers working outside the Raj Mahal area, which is ...

Gulf investors hold back from UK property deals on Brexit fears

The Shard skyscraper is seen on the skyline of London, Britain, September 3, 2015. Reuters/...

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Mining expansion is pillar of economic reform scheme. Ma’aden capturing shares of glob...

Saudi's Public Investment Fund Invests $3.5 Billion in Uber

  Jeddah: The Saudi Arabian Public Investment Fund (PIF), the Kingdom of Saudi ...

Kuwait signs $4.4-bn airport project with Turkish firm

  Kuwait City: Kuwait's Public Works Minister Ali al-Omair Monday sign...

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  DUBAI: Kuwait’s al-Kharafi family has scrapped a sale of a majority stake in ...