The taxi service to the orbiting International Space Station is taking no passengers until further notice The taxi service to the orbiting International Space Station is taking no passengers until further notice. Neither the United States nor Russia will be able to send astronauts...

Investments by GCC countries in state-of-the-art labs, university buildings, and research facilities are set to reach more than $38bn by 2030 Investments by GCC countries in state-of-the-art labs, university buildings, and research facilities are set to reach more than $38 billion by...

New UAE Road Safety Monitor reveals increases in incidents of speeding and dangerous driving The behaviour of motorists in the UAE has deteriorated, a reversal of the recent trend of improvements, according to the seventh cycle of the UAE Road Safety Monitor. The report said...

UAE moves up one place in global brand value list - topped by the US - to 20th to sit just ahead of Saudi Arabia The UAE's national brand value has grown by 19 percent to $707 billion since last year, according to a new report. The UAE moved up one place in the global list -...

Dubai Aerospace recently increased an existing four-year loan to $800mln DUBAI - State-owned Dubai Aerospace said on Thursday its board had approved a $300 million bond repurchase program. One of the world's largest aircraft lessors, the company recently increased an existing...

The upstream investment arm of Dubai government-owned ENOC Group, the company aims to boost its production to 300,000 barrels of oil equivalent per day by 2025 Dragon Oil, a subsidiary of Dubai's Emirates National Oil Company (ENOC), plans to invest about $500 million next year in oil...

The Saudi index was down 2.9% at 7,606 points after an hour of trade Most major Gulf stock markets fell sharply in early trade on Thursday, with a fall in oil prices pushing down Saudi Arabia's petrochemical shares and banks weighing on Abu Dhabi and Dubai. The Saudi index was...

The UAE Cabinet announced last month that the country will allow non-Emiratis aged 55 and over to secure a five-year residency visa after they retire Real estate developers in the UAE have said they are looking forward to a boost in sales following the introduction of a special...

Hundreds of brokers and investors visit the six-island luxury development, located off the coast of Dubai as its developer looks to boost sales. Hundreds of brokers and investors from around the world have visited The Heart of Europe project, the six-island luxury development, located...

New hotel classification system will have more focus on guest satisfaction, will allow for mystery shopper audits in cases of underperformance The Department of Culture and Tourism - Abu Dhabi (DCT Abu Dhabi) has unveiled improvements to its hotel classification system. The move...