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The High Court in London has issued a summary judgement against Prince Fahd Bin Sultan Bin Abdelaziz in his dispute with Credit Suisse over a loan for his yacht Sarafsa. Mr Justice Bright ruled in favour of the Swiss bank on 31 March and set out his reasoning in a full statement on 5 April, saying the prince had no real prospect of succeeding in defending his position if the case went to trial.

Sheikh Hamdan Bin Mohammed Al-Nahyan, one of the lower-profile sons of UAE President Sheikh Mohammed Bin Zayed Al-Nahyan (MBZ), was due to list his company Ethmar International Holding on the Abu Dhabi Securities Exchange (ADX) as GSN was going to press.

Saudi Aramco announced late April that a first shipment of low-carbon ammonia had arrived in Japan, where it will be used for power generation. The ammonia was produced by Sabic Agri-Nutrients, with feedstock from Aramco, and was sold to Fuji Oil Company for use at its Sodegaura refinery in Chiba, east of Tokyo.

UAE relations with South Africa have soured after a Dubai court rejected a request from Pretoria to extradite Atul and Rajesh Gupta to face charges of money laundering, fraud and corruption.

Manama is offering a 'golden licence' to companies that invest in large projects and create hundreds of jobs for locals, in the latest sign of increasingly stiff competition among Gulf economies for international capital

A leak of top secret US intelligence reports included allegations that UAE intelligence agents have been cooperating with their Russian counterparts to act against western interests. Abu Dhabi has denied there is any substance to these allegations, but they have come at a time of heightened concern in Washington about commercial and military ties between the UAE and Moscow.

Doha-based Urbacon Trading & Contracting (UCC) has signed a contract to build a 1GW power plant in Libya, as it looks abroad to make up for the post-Fifa World Cup lull in construction activity in its home market.

In a so far unusual move against a Russian entity, the Central Bank of the UAE (CBUAE) cancelled MTS Bank’s licence to operate in Abu Dhabi in late March, citing the "sanctions risks associated with the bank".

While America and Europe continue to present a united front in response to Russia’s war in Ukraine, the UAE’s more ambivalent stance continues to cause concern in western capitals – and has the potential to undermine, or at least complicate, the country’s diplomatic and commercial relations with the United States and its allies.

Saudi Arabia’s Public Investment Fund (PIF) is preparing to launch a new body to oversee shipbuilding and ship maintenance and repair services in the kingdom in the near future, in its latest effort to diversify the economy and develop new industrial sectors.

National carrier Saudia's fleet will be updated with at least 39 new Boeing 787 Dreamliner aircraft, but newly-established Riyadh Air could get even more, underlining Crown Prince Mohammed Bin Salman’s determination that yet another Public Investment Fund (PIF) vehicle muscles into the domestic market. The deal is worth close to $37bn, US government officials calculated – suggesting that, whatever the geopolitics, America Inc can still flex its muscles in the kingdom.

The Central Bank of the UAE said it revoked the licence of Dubai-based exchange house Dollar Exchange due to "serious regulatory misconduct by the exchange house". Before that, it said it had taken similar action against Al-Rasheed exchange house, which had engaged in "serious AML malpractice".

The Kuwaiti authorities are reviving long-running plans to drastically reduce the number of foreign workers, despite signs that such a policy could harm Kuwait’s ability to develop a viable post-oil economy.

Saudi Prince Fahd Bin Mansour Bin Nasser in early March launched the Saudi-Pakistan Tech House in Islamabad, to focus on creating opportunities via partnerships with Pakistani IT companies.

Sheikh Jassim Bin Hamad Bin Jassim Al-Thani’s emergence as a bidder to buy Manchester United FC has thrust the banker into the global limelight, while also posing questions about the balance of power and wealth in the opaque world of Qatari politics, which his father Sheikh Hamad Bin Jassim (HBJ) dominated for so many years.