Dubai property giant sees 17% profit rise in Q1 of 2016

Emaar says net profit increased by 17 percent to $328 million in first quarter of 2016, led by ‘significant progress’ in construction.

Oil prices hit 2016 highs

Push of World Bank against poverty stops at Iran border

Qatar follows UAE in liberalisation of fuel prices

Saudi unveils far-reaching plan to transform oil-dependent economy

Report of possible Saudi oilfield expansion causes ‘market jitters’

New Governor of Turkey Central Bank makes debut with rate cut

Sanctions uncertainty hinders return of foreign investors to Iran

Saudi Arabia to take first foreign loan in at least 15 years

Oil prices bounce back as Kuwait strike enters third day

Kuwait says some oil output restored despite ongoing strike

Kuwait oil workers strike for second day

Failed Doha oil talks take their toll on Asia stock markets

Iran opts for absence as oil producers mull output freeze

Scepticism over possible oil deal at Doha talks

Doha says 'atmosphere of optimistic' ahead of crunch oil meeting

Global oil glut set to ease by year’s end

Emirates airlines orders two more Airbus A380s

Kuwait national guard deployed to oil units after strike call

Fitch downgrades Saudi credit rating over weak oil prices

Oil prices slip as Doha meeting looms

Gulf states set to borrow up to $390 billion by 2020

Dubai seeks to surpass Burj Khalifa with new landmark

Kuwait signs contracts to import 2.5 mn tonnes of gas a year

Oil prices rebound as Kuwait revives hope of output deal

Oil prices tumble further on fading output freeze hopes

Saudi bans Iran's Mahan Air flights into kingdom

Saudi casts doubt on oil output freeze

Kuwait urges producer coordination to stabilise oil prices

Iran oil exports ‘at more than 2 million barrels per day’

Oil prices drop as Saudi cautious on output freeze

Turkey economy grows robust 4% in 2015

Kuwait inks gas facility deal with Korean firms

Dubai introduces first airport tax on all passengers

Israel introduces tough measures to cap bankers' salaries

South Korea constructor confident of Saudi housing deal

Turkey central bank trims rate in surprise move

Palestinians ban entry of five Israeli firms’ goods to West Bank

Oil prices hold above $41 as OPEC confirms output meeting

Court orders winding up of Morocco oil refinery

 

Open-ended strike of Kuwait oil workers slashes output

Oil workers union chief Saif al-Qahtani says production is partially halted without clarifying which sites had been affected.

Iraq PM calls for legal measures over oil bribery scandal

Abadi instructs anti-corruption commission to take legal action, calls for judiciary to pursue prosecutions connected to scandal.

Al-Jazeera sheds around 500 jobs as part of ‘optimisation initiative’

After management review, ‘around 500 positions worldwide will be impacted, majority of which are in Qatar.’

Once-mighty Hariri firm struggles to survive in Saudi Arabia

Informed source says poor management ‘is one of main problems’ at Saudi Oger, but this has been compounded by economic challenges.

Egypt taxi drivers protest against Uber service

Taxi drivers complain that Uber drivers have unfair advantage because they do not have to pay same kind of taxes or fees.

Iran sentences billionaire tycoon to death over corruption

Babak Zanjani is convicted of fraud and economic crimes, as well as facing death penalty he must repay money to state.

Iran, Turkey set target of $30 billion for annual trade

Visiting Iranian capital, Turkish Prime Minister Ahmet Davutoglu meets Iran's first vice president Eshaq Jahangiri.

Egypt President opens Africa economic summit

Economic summit attended by African leaders and businessmen aims to boost trade and investment across continent.

Dubai sees number of visitors surge by 7.5% in 2015

Rise comes despite slowing economic growth in many markets and strong exchange rate of dirham against euro and other currencies.

Qatar records highest number of visitors in 2015

Tourism Authority says almost three million people visited Qatar in 2015, a record number for energy-rich Gulf country.

Eiffel Tower gets fewer visitors after devastating terror attacks

Iron Lady of Paris receives 6.91 million visitors in 2015 compared with 7.1 million in 2014, according to company that runs monument.