UAE retailers urged to register for VAT tourist refund scheme

The UAE's Federal Tax Authority plans to implement the scheme from Q4 2018 ...
22 Sep 2018

Fuel efficiency matters more to Middle East motorists than power: survey

More than 60 percent of 20-35 year olds say fuel efficiency is paramount in recent Twitter survey with 19,000 responses...
21 Sep 2018

Investcorp's US buying spree continues with $300 million in warehouse space

Investment firm continues to add industrial assets to its now $14 billion US portfolio ...
21 Sep 2018

With the pound down, now may be the time to buy in London

Average property prices in London have remained flat over the year, while the pound has fallen 11 percent value to the dirham...
21 Sep 2018

UAE accounts for 60% of Middle East pre-collegiate private education sector

Private K-12 education sector growth rate is growing three times faster than GDP...
21 Sep 2018

What an Emirates-Etihad merger deal could mean for aviation

Etihad and Emirates publicly deny merger talks but an exploratory look at operations remains on the table, according to the people who asked not to be identified ...
21 Sep 2018

Organisations should be more pro-active in shaping their future talent pipeline, says Aon Hewitt's regional CEO

An impending war for talent is necessitating HR transformation strategies across the region. Christopher Page, regional CEO for Aon Talent, Rewards & Performance, discusses the approach his consultanc...
21 Sep 2018

Saudi Arabia offered to be third partner for China's road network plans in Pakistan

Pakistan PM Imran Khan is visiting Saudi Arabia this week, his first trip outside of the country since his party came to power last month...
21 Sep 2018

Canadian export agency downgrades assessment of business ease in Saudi Arabia

Diplomatic feud between the two countries erupted last month after a tweet from Canadian Foreign Minister prompted led Saudi Arabia to expel the Canadian ambassador to Riyadh and freeze new investment...
21 Sep 2018

UAE investors flock towards 'sustainable investing', report shows

83 percent of UAE investors said they believe returns from sustainable investments will match or surpass traditional investments, compared to 82 percent globally...
21 Sep 2018

Saudi's PIF is GCC's largest project developer with $534bn pipeline

Seven of the GCC's top 10 project developers are from Saudi Arabia, and PIF leads the list with assets such as Neom, Rou'a Al Haram, and Rou'a Al Makkah...
21 Sep 2018

First Dubai freezone firms issued permits to operate across the Emirate

Emirate's Department of Economic Development has issued permits to 163 free zone companies...
21 Sep 2018

Millennium Hotels and Resorts opens new five-star resort in Salalah

Millennium Resort Salalah is the group's fourth hotel property in the Oman's Southern Dhofar Province...
21 Sep 2018

Deal signed for fourth Taj hotel in Dubai

IHCL currently operates the Taj Hotel in Business Day, and has two new hotels in the pipeline, Taj Jumeirah Lake Towers and Taj Exotica Resort and Spa on the Palm Jumeirah...
20 Sep 2018

Etihad Airways, Emirates airline deny takeover plan

Bloomberg reported that Emirates airline is seeking to takeover the main airline business of Etihad Airways...
20 Sep 2018

Bahrain's Investcorp makes first foray into China

The company has agreed to invest $250m into a Hong Kong-listed tech fund...
20 Sep 2018

Own a piece of football history with tech-backed authenticity

A new Dubai start-up uses QR codes to show where and when pieces of football memorabilia were signed by some of the world's most legendary players...
20 Sep 2018

Trump presses OPEC to reduce prices as crude trades near $80

His complaint follows signals from Saudi Arabia that it was content to see prices climb above $80 a barrel...
20 Sep 2018

Operations contracts awarded for two lines of $22.5bn Riyadh Metro

Once completed, the six lines of the Riyadh metro will cover a total length of 176 km and 85 metro stations....
20 Sep 2018

Saudi government to pay companies' late fees for visa renewal

In January, the kingdom set up an electronic platform to allow contractors to check on the status of payments...
20 Sep 2018