Main headlines

May 1, 2014

The metro will have 88 stations, providing ease on the holy city's transport system (Image: Mecca Metro)
13:19 GMT

Work on a metro system through Saudi Arabia's holy city is expected to begin in 2016.

Montreal based SNC-Lavalin will support Abu Dhabi Company for Onshore Oil Operations and produce 25,000 barrels of oil per day (Image: File)
13:10 GMT

Leading Canadian company SNC-Lavalin won a major oil contract from Abu Dhabi's Company for Onshore Oil Operations (Adco) with the intention to produce 25,000 oil barrels a day.

Tourism in Sharjah is expected to grow in 2014 (File/AFP)
12:59 GMT

72 By Hues opened in Sharjah on Wednesday, making it the first boutique hotel to open in the area.

“However, there has been no statement issued by the Saudi or Sudanese government confirming that Saudi banks have decided to take this step, which may have a negative impact on the economy of Sudan.”
04:38 GMT

Several Saudi and international banks have banned all transactions including remittances to Sudanese banks.

April 30, 2014

The Middle East is "driving the positive growth," according to managing director of STR Global, Elizabeth Winkle (File/AFP)
14:28 GMT

Dubai's hotel sector saw profits skyrocket by 53.3 percent, according to a HotStats survey.

Hamad International Airport (HIA) receives its first passengers today, thereby closing one chapter on Qatar aviation and opening another.
13:39 GMT

Ten airlines are now operating out of the $17 billion facility and all others will switch by May 27

The move will see the expansion of Saudi Arabia's pharmaceutical industries (File/AFP)
12:30 GMT

Boehringer Ingelheim has entered a joint venture with Saudi's Cigalah and Tabouk, a statement said.

The beachside resort and spa will be managed by Mövenpick Hotels (Image: File)
12:01 GMT

Qatari Diar Real Estate Investment Company has announced the development of a beachside resort in Malaysia.

The 50-story tower is due to be completed later this year (File/AFP)
11:45 GMT

A major construction phase of Bahrain Bay has been completed. The tower will house Wyndham Grand Collection Manama hotel and corporate offices upon completion.

The new design is the second collaboration between BlackBerry and Porche (Image: BlackBerry)
10:50 GMT

BlackBerry has launched the super sleek Porsche Design P’9982 smartphone, which is "all-touch" and no buttons.

Growth in Lebanon is expected to reach 2 percent, according to Finance Minister Ali Hasan Khalil (File/AFP)
10:25 GMT

Lebanon on Tuesday swapped $1.4 billion in eurobonds with 23 percent being taken by foreign investors.

April 29, 2014

Despite the current problems, a farm-out agreement between the partners in Leviathan and Woodside may still be signed, possibly within days.
21:13 GMT

The sources said that, behind the Leviathan partners' stubbornness, lies personal animosity by Delek controlling shareholder Yitzhak Tshuva

Lust for technology: GITEX shopper is used by nearly half of Emirati residents (Image: Emirates247)
14:04 GMT

It's all about the consumer: Around 45 percent of UAE residents use GITEX shopper to purchase their IT products, according to an Acer survey.

Tescos supermarket may be looking to open several branches in the UAE (File/AFP)
12:48 GMT

Choithrams and British-based Tescos will be joining forces to bring the supermarket chain to the UAE, a source has said.

The UAE-based airline said 18 flights between Amman and Beirut will be scheduled weekly from July 2 onwards (File/Shutterstock)
12:36 GMT

Etihad Airways has announced more flights through key destinations in the Middle East.