Latest GCC News

Last Updated: Thu, Jan 19 2017 | 8:39 AM |
Trump's Dubai golf course set to open in February
Property»

Trump's Dubai golf course set to open in February

Thursday, 19 January 2017 12:39 PM

Development partner Damac says wants to do more projects with the Trump Organisation

Kuwait banking to remain 'subdued' in 2017 – research
Banking & Finance»

Kuwait banking to remain 'subdued' in 2017 – research

Thursday, 19 January 2017 12:33 PM

Infrastructure projects to boost lending but subsidy cuts will impact on household spending, says BMI

Rain likely in UAE at weekend, says Met
Culture & Society»

Rain likely in UAE at weekend, says Met

Thursday, 19 January 2017 11:31 AM

Winds and higher humidity also expected between Thursday and Monday

Dubai says registered 44% rise in completed buildings in 2016
Construction»

Dubai says registered 44% rise in completed buildings in 2016

Thursday, 19 January 2017 11:04 AM

Municipality also reports 827 construction accidents, plus instances of site violations

Saudi Arabia's Al Rajhi Bank reports 5% profit hike
Banking & Finance»

Saudi Arabia's Al Rajhi Bank reports 5% profit hike

Thursday, 19 January 2017 11:01 AM

Kingdom's second-largest lender by assets has reported five consecutive quarters of profit

OPEC points to growing stability in oil market
Energy»

OPEC points to growing stability in oil market

Thursday, 19 January 2017 10:58 AM

Oil supply surplus has dropped in 2017 as producers comply with last year's accord

Dubai registers $3.27bn of real estate deals in January
Property»

Dubai registers $3.27bn of real estate deals in January

Thursday, 19 January 2017 10:53 AM

Property transactions declined year-on-year in 2016 but this year's growth prospectives 'positive', DLD says

QNB said to raise $1bn syndicated loan in Asia
Banking & Finance»

QNB said to raise $1bn syndicated loan in Asia

Thursday, 19 January 2017 10:46 AM

Agricultural Bank of China said to have leading role in three-year facility

Dubai developers hit with new rules on building permits, completion certificates
Construction»

Dubai developers hit with new rules on building permits, completion certificates

Thursday, 19 January 2017 9:52 AM

SIRA approval on security systems now mandatory for all developers in Dubai, says official

Sobha Group to hand over first homes in new luxury scheme by end-2018
Property»

Sobha Group to hand over first homes in new luxury scheme by end-2018

Thursday, 19 January 2017 9:50 AM

70-unit Quad Homes development announced this week, with private lifts and sky roofs

Dubai Crown Prince approves new maternity leave policy for gov't staff
Politics & Economics»

Dubai Crown Prince approves new maternity leave policy for gov't staff

Wednesday, 18 January 2017 8:34 PM

New rules will extend maternity leave to three months fully paid, effective from March 1

Saudi's largest bank posts 7.5% rise in Q4 net profit
Banking & Finance»

Saudi's largest bank posts 7.5% rise in Q4 net profit

Wednesday, 18 January 2017 7:03 PM

National Commercial Bank says quarterly performance boosted by higher income from commission and investments

Qatar Islamic Bank Q4 net profit up 2%, hikes dividend
Banking & Finance»

Qatar Islamic Bank Q4 net profit up 2%, hikes dividend

Wednesday, 18 January 2017 5:10 PM

Gulf state's largest sharia-compliant lender says it made profit of $152m in three months to Dec 31

Etihad says not looking to take stake in Germany's Lufthansa
Transport»

Etihad says not looking to take stake in Germany's Lufthansa

Wednesday, 18 January 2017 5:02 PM

Spokesman for Abu Dhabi airline denies reports that it may take financial stake in rival carrier

$250k bonus offered for Dubai Marathon world record run
Sport»

$250k bonus offered for Dubai Marathon world record run

Wednesday, 18 January 2017 4:46 PM

Bonus is in addition to first prize of $200,000, making Dubai the richest marathon race in the world


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