News

UAE asks banks for information on accounts of 19 Saudis, including Alwaleed

Thursday, 09/11/2017

http://gulfbusiness.com/uae-asks-banks-information-accounts-19-saudis-including-alwaleed/

The United Arab Emirates central bank and securities regulator have asked banks and finance companies in the UAE to provide information on the accounts of 19 Saudi citizens, banking sources told Reuters on Thursday...

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UAE to apply VAT to all food items, utility bills

Thursday, 09/11/2017

http://gulfbusiness.com/uae-apply-vat-all-food-items-utility-bills/

The UAE will apply an upcoming value added tax to all food items and utility bills, according to officials...

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Saudi Arabia says Lebanon declares war

Tuesday, 07/11/2017

http://gulfbusiness.com/saudi-arabia-says-lebanon-declares-war/

Saudi Arabia accused Lebanon on Monday of declaring war against it because of aggression by the Iran-backed Lebanese Shi’ite group Hezbollah, a dramatic escalation of a crisis threatening to destabilise the tiny Arab country...

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Dubai Metro services disrupted during rush hour

Monday, 06/11/2017

http://gulfbusiness.com/dubai-metro-service-disrupted-rush-hour/

Passengers were forced to wait in long queues at Dubai Metro stations this morning after an apparent technical malfunction...

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Saudi deputy governor killed in helicopter crash near Yemen

Monday, 06/11/2017

http://gulfbusiness.com/saudi-deputy-governor-killed-helicopter-crash-near-yemen/

The deputy governor of Saudi Arabia’s southern Asir province and several colleagues were killed in a helicopter crash on Sunday, Saudi state TV Ekhbariya reported...

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Average rents at Dubai’s beach properties revealed

Sunday, 05/11/2017

http://gulfbusiness.com/average-rents-dubais-beach-properties-revealed/

Al Satwa has emerged as the most affordable area for rents among properties located close to beaches in Dubai, according to a new report by website dubizzle Property...

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Saudi’s Prince Alwaleed among princes, ex-ministers detained in probe

Sunday, 05/11/2017

http://gulfbusiness.com/saudis-prince-alwaleed-among-princes-ex-ministers-detained-probe/

Saudi authorities detained a billionaire global investor and the head of the National Guard as part of an anti-corruption purge that consolidates Crown Prince Mohammed bin Salman’s hold on power...

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UAE allows residents from 13 countries to exchange driving licences

Friday, 27/10/2017

http://gulfbusiness.com/uae-residents-13-countries-exchange-driving-licence/

Citizens from more than a dozen countries are now able to exchange their home driving licence for one from the UAE, according to the Ministry of Foreign Affairs and International Cooperation...

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Fire breaks out at construction site on Dubai’s Palm Jumeirah

Friday, 27/10/2017

http://gulfbusiness.com/construction-site-fire-dubais-palm-jumeirah/

Part of Dubai’s Palm Jumeirah has been engulfed in smoke after a “minor” construction site fire...

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Big spending in UAE creates more jobs

Thursday, 26/10/2017

http://gulfnews.com/business/sectors/employment/big-spending-in-uae-creates-more-jobs-1.2112655

Dubai: Companies in the consumer goods industry produced the most number of new jobs in the third quarter of the year, fuelled by huge spending among residents in the UAE...

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Saudi to only issue one-year work visas to foreigners

Monday, 23/10/2017

http://gulfbusiness.com/saudi-issue-one-year-work-visas-foreigners/

Saudi Arabia’s Ministry of Labour has announced it will be reducing the duration of work visas issued to foreign employees at private sector firms...

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Indecency charges against Scottish tourist in Dubai dropped

Monday, 23/10/2017

http://gulfbusiness.com/indecency-charges-scottish-tourist-dubai-dropped/

A Scottish tourist in Dubai who was sentenced to three months in jail for public indecency has now been released, UK media reported...

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Dubai’s Majid Al Futtaim to hire 200 people

Wednesday, 19/10/2017

http://gulfbusiness.com/dubais-majid-al-futtaim-hire-200-people/

Dubai’s Majid Al Futtaim, the Middle East operator of French retailer Carrefour SA, is hiring 200 people as it rolls out an ambitious strategy to expand its digital and e-commerce operations, its chief executive told Reuters...

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New UAE cabinet revealed after government reshuffle

Wednesday, 19/10/2017

http://gulfbusiness.com/new-uae-cabinet-revealed-after-government-reshuffle/

UAE Vice President and Prime Minister Sheikh Mohammed bin Rashid Al Maktoum has announced a major reshuffle of the country’s government...

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85% of UAE employees 'not engaged' in their jobs: Gallup

Tuesday, 18/10/2017

http://gulfnews.com/business/sectors/careers/85-of-uae-employees-not-engaged-in-their-jobs-gallup-1.2108037

Dubai: Engaged and happy workers are a crucial ingredient for the success of a business. When employees feel good and care about their jobs, there’s a great chance the company will make more money...

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More than 30,000 volunteers needed for Dubai Expo 2020

Monday, 17/10/2017

http://gulfbusiness.com/30000-volunteers-needed-dubai-expo-2020/

More than 30,000 volunteers will be needed for the six-month long Expo 2020 in Dubai, officials announced on Tuesday...

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Most UAE consumers confident about personal finances, business conditions

Tuesday, 19/09/2017

http://gulfnews.com/business/economy/most-uae-consumers-confident-about-personal-finances-business-conditions-1.2092313

Dubai: With the economic climate looking better, most UAE residents are now upbeat about the state of their personal finances and the availability of jobs...

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Abu Dhabi bank ADCB’s services will be unavailable for three days

Monday, 18/09/2017

http://gulfbusiness.com/abu-dhabi-bank-adcbs-services-will-unavailable-three-days/

Abu Dhabi Commercial Bank has confirmed that most of its banking services will be unavailable for three days from Saturday, September 30, to Tuesday, October 3....

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Saudi to unblock voice, video calling apps

Thursday, 14/09/2017

http://gulfbusiness.com/saudi-unblock-voice-video-calling-apps/

Saudi Arabia will unblock the voice and video calling functions of apps such as WhatsApp, Skype and Viber from next week...

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Saudi to replace 28,000 foreigners with citizens in public sector

Wednesday, 13/09/2017

http://gulfbusiness.com/saudi-replace-28000-foreigners-citizens-public-sector/

Saudi Arabia’s Ministry of Civil Service has announced it is in the process of a plan to replace non-Saudis in all public sector roles...

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UAE’s non-oil private sector growth at 30-month high

Thursday, 07/09/2017

http://gulfnews.com/business/economy/uae-s-non-oil-private-sector-growth-at-30-month-high-1.2085892

Positions available include accountants, technicians, teachers, secretaries. More than half of GCC professionals are said to be looking to switch employers...

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A prescription for US economy’s deeper malaise

Thursday, 07/09/2017

http://gulfnews.com/business/analysis/a-prescription-for-us-economy-s-deeper-malaise-1.2085634

The finer points of economic policy don’t get a lot of attention in the US these days. With a president in the White House who seems far more interested in fighting personal battles than in making policy...

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Why the Gulf needs a change in its work ethic

Thursday, 07/09/2017

http://gulfnews.com/business/analysis/why-the-gulf-needs-a-change-in-its-work-ethic-1.2085392

Like any other European country, Spain suffered the implications of the global financial crisis. However, after an arduous period, it managed to surmount the obstacles and recover its economic clout...

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You can buy this Dubai property by paying bitcoin

Thursday, 07/09/2017

https://www.khaleejtimes.com/business/real-estate/you-can-buy-this-dubai-property-by-paying-bitcoin

Studio apartments will start in price from 33 bitcoin. The Knox Group of Companies, with headquarters in the Isle of Man, announced late on Tuesday it will launch a residential and commercial...

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Bahrain ranked best global destination for expats, Saudi, Kuwait among the worst

Wednesday, 06/09/2017

http://gulfbusiness.com/bahrain-ranked-best-global-destination-expats-gulf-neighbours-among-worst/

The kingdom performed well in areas like ease of settling in where Saudi Arabia and Kuwait struggled. The Gulf island kingdom of Bahrain has been named the best destination globally for expats in a survey...

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New $325m Dubai project allows investors to buy property via bitcoin

Wednesday, 06/09/2017

http://gulfbusiness.com/new-325m-dubai-property-project-allow-purchases-via-bitcoin/

Real Estate: The Knox Group of Companies, with headquarters in the Isle of Man, announced late on Tuesday it will launch a residential and commercial property development in Dubai...

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