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Top 50 GCC Banks 2017

Economic growth across the GCC region weakened last year as governments’ revenues fell. This in…

Why Gulf mergers and acquisitions are back on the rise

Zeid Hanania and Nadim Kayyali discuss the return of M&As and why we can expect to see more activity in Africa in the coming years

Travel review: Essex, countryside and coastlines

Neil King traverses the southeastern county of Essex in the UK, finding a rich history, varied landscape and family-friendly destination

UAE confirms Saturday as the first day of Ramadan

The official moon sighting committee confirmed the start of the holy month

Ramadan FAQs: Everything you need to know about the holy month

Ramadan is expected to begin on May 27 this year

UAE biometric database will allow residents not to carry ID

Residents will be able to use iris prints, facial prints and fingerprints for identification

Oman raises $2bn sukuk

The order book for the bond was in excess of $6.9bn

Cebu Pacific suspends flights from Manila to Doha, Riyadh and Kuwait

Cebu said fares on the routes had been pushed too low by the expansion of other carriers

UAE to introduce 100% tax on tobacco, energy drinks in Q4 – report

“The tax procedures law is in the final phase, and will soon be issued and published,” the country’s minister of finance was quoted as saying

Emaar Malls to acquire 51% stake in Gulf e-commerce site Namshi

Both sides have agreed to jointly develop the company until a possible listing

Abu Dhabi creates wills and probate registry for non-Muslims

The registry is designed to improve Abu Dhabi’s attractiveness for expats

UAE condemns Manchester attack, offers condolences

At least 22 people were killed and more than 50 injured in the terrorist attack on Monday evening

Microsoft appoints new general manager for the GCC

Sayed Hashish takes over from Samer Abu Ltaif

JadoPado founder resigns from role as chief technology officer at Noon.com

JadoPado was acquired by a tech fund led by Mohamed Alabbar earlier this month

Philippine Airlines suspends Abu Dhabi – Manila service

The carrier said the change was being undertaken as it implements “operational adjustments”

Revealed: Top 10 banks in the UAE

The country’s biggest listed banks, as ranked by total asset size

Budget pressure likely to keep Saudis propping up oil price

Saudi Arabia will go into the meeting of OPEC and non-OPEC producers on May 25 determined to maximise its oil revenue, analysts and economists say

New BlackBerry smartphone KEYone launched in the UAE

Priced at Dhs1,999, the device has been launched by Hong Kong-based TCL Communication

UAE stores to offer Ramadan discounts worth Dhs300m on 10,000 items

The discounts will range from 50 to 75 per cent and be available at 600 outlets across the country

US, Saudi firms sign multi-billion dollar deals during Trump visit

Energy minister Khalid al-Falih said deals involving all companies totalled over $200bn

A week in the life of… David Bennett, worldwide chairman, Sotheby’s International Jewellery Division

Bennett details some of the work that goes on behind the scenes at the famous auction house

CEO of Alabbar-backed e-commerce site Noon quits ahead of its launch

Chief executive Fodhil Benturquia was among the staff to leave in recent weeks, sources said

The Middle East’s start-up scene: Is funding still the biggest challenge?

The start-up ecosystem has boomed in the region over the last few years, with the recent Amazon deal also signalling the entry of international players

How does the rise of Tesla impact cyber security?

Auto companies are increasingly plugged into cyber threats

Apparel Group signs GCC franchise deal for Sumo Sushi & Bento

The first location under the agreement will open on June 1 in Doha Festival City

Oman appoints banks ahead of debut public dollar sukuk

The planned sale is expected to raise around $2bn

UAE ban on Bangladeshi workers to be lifted – report

Bangladeshi citizens have been unable to seek work in the UAE since 2012

Etihad ESCO awards contract for solar panel installation at 640 Hatta villas

The contract covers development, engineering, procurement, construction, operation services, maintenance and installation

Iraq replaces Saudi as top India oil supplier in April

India’s April imports from Iraq topped 1 million barrels per day

Five UAE football clubs to merge

The mergers will see the formation of two new clubs, Sharjah Sports and Cultural Club and Shabab Al Ahli Dubai Club