Gulf news may 4 2019

Here are the top news stories from Gulf News on May 4, 2019:

Top Stories

  1. UAE, Saudi Arabia, Egypt, Bahrain and Yemen cut ties with Qatar: The Gulf crisis deepened as the UAE, Saudi Arabia, Egypt, Bahrain and Yemen severed diplomatic ties with Qatar, accusing it of supporting terrorism and interfering in their internal affairs.
  2. Dubai's non-oil trade surges 10% in Q1: Dubai's non-oil trade surged 10 per cent in the first quarter of 2019, driven by a rise in exports and re-exports, according to the Dubai Customs.
  3. Abu Dhabi's ADNOC signs deal with Eni to develop oil field: Abu Dhabi's state-owned oil company, ADNOC, signed a deal with Italy's Eni to develop the Ghasha oil field, which is expected to produce 1.5 billion barrels of oil over its lifetime.

Business

  1. Dubai's real estate market shows signs of recovery: Dubai's real estate market showed signs of recovery in the first quarter of 2019, with prices and rents stabilizing and sales transactions increasing, according to a report by property consultant, Knight Frank.
  2. UAE's non-oil private sector growth slows: The UAE's non-oil private sector growth slowed in April, driven by a decline in new orders and output, according to a report by IHS Markit.

Sports

  1. Al Ain win Arabian Gulf Cup: Al Ain won the Arabian Gulf Cup, defeating Al Hilal 2-1 in the final.
  2. Dubai's Al Nasr FC appoint new coach: Dubai's Al Nasr FC appointed a new coach, following the departure of their previous coach.

World

  1. US, China trade talks end without deal: Trade talks between the US and China ended without a deal, as the two sides failed to agree on key issues, including tariffs and intellectual property.
  2. North Korea conducts new missile test: North Korea conducted a new missile test, which was seen as a provocation by the international community.

These are just some of the top news stories from Gulf News on May 4, 2019. If you would like to know more about a specific story, please let me know!