Saudi Arabia plans up to $7bn of renewables in 2018
Tenders will be issued this year for eight projects totaling 4.125 gigawatts of capacity Source: Arabian Business Industry News (ITP.NET)
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Oman said to plan $1bn infrastructure fund
Sovereign wealth fund eyes boost to investment in road, transport and energy projects Source: Arabian Business Industry News (ITP.NET)
Abu Dhabi reveals world's largest water reserve project
Emirate has network of 315 recovery wells lying up to 80 metres below the Liwa Desert Source: Arabian Business Industry News (ITP.NET)
Dubai's ENOC said to hold talks over IPO of retail unit
Sources say Emirates National Oil Co has held discussions with banking advisors Source: Arabian Business Industry News (ITP.NET)
UAE says Qatari fighter jets 'intercept' two passenger planes
UAE General Authority of Civil Aviation says both planes were intercepted en route to Bahrain Source: Arabian Business Industry News (ITP.NET)
Drake unit in talks to win $272m contracts for Al Ain project
Contracting giant says negotiating for major deals on Wahat Al Zaweya residential project Source: Arabian Business Industry News (ITP.NET)
Ritz Carlton Riyadh to reopen after holding royals in purge
Hotel has been closed since November when princes, ministers and businessmen were rounded up in an anti-corruption purge Source: Arabian Business Industry News (ITP.NET)
Saudi handouts' cost may exceed government estimates, BofA says
Government will spend $16.48bn on a package that included paying civil servants a monthly $266 allowance for a year Source: Arabian Business Industry News (ITP.NET)
Off-plan properties dominate Dubai's prime real estate market
The total off-plan market was worth $4.6 billion Source: Arabian Business Industry News (ITP.NET)
Bahrain's infrastructure spend to support non-oil sector growth
Oil activity is expected to remain flat until 2019, when the OPEC production cut is expected to end Source: Arabian Business Industry News (ITP.NET)