Bahrain banks on infrastructure, private sector to ride out cheap oil

Bahrain banks on infrastructure, private sector to ride out cheap oil

State budget deficit is expected to balloon to 9.3% of gross domestic product this year from 5% in 2014

Dubai opens first electric vehicle charging hub

Dubai opens first electric vehicle charging hub

DEWA has inaugurated Dubai’s first electric vehicle charging station, one of 16 that will be opened during the initial phase of the initiative

Saudi minister says oil demand is growing, markets calm

Saudi minister says oil demand is growing, markets calm

Oil minister Ali al-Naimi delivers upbeat verdict on market despite prices slumping 60% in recent months

Gulf economies have failed to diversify, says Qatar official

Gulf economies have failed to diversify, says Qatar official

Qatar central bank governor's comments reflect concern in region about the impact of oil price plunge

Stock markets: Gulf bourses stall as oil gives up gains

Stock markets: Gulf bourses stall as oil gives up gains

Dubai heavyweights Emaar Properties and Dubai Islamic Bank were down 1.1 and 0.7 percent respectively

Dubai's ENOC hires M&A team, said to eye $1.5bn loan

Dubai's ENOC hires M&A team, said to eye $1.5bn loan

Sources say Emirates National Oil Company has appointed five-strong team to work on mergers and acquisitions

Qatar-Japan consortium to study projects in Turkey

Qatar-Japan consortium to study projects in Turkey

Investors sign agreement to look at developing projects in Turkey's Afsin Elbistan region

Stock markets: Gulf bourses cautiously positive after oil steadies

Stock markets: Gulf bourses cautiously positive after oil steadies

Brent crude oil steadied just above $60 a barrel on Friday

Bahrain, Oman most at risk from oil price slump, says Fitch

Bahrain, Oman most at risk from oil price slump, says Fitch

Ratings agency says capacity to absorb lower oil prices varies across oil exporters in the region

Germany's Siemens wins $400m Dubai power plant deal

Germany's Siemens wins $400m Dubai power plant deal

Industrial giant is hired by Dubai utility DEWA to expand M-Station project; completion slated in 2018


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