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Sharjah’s UAB, Invest Bank deny reports of three-way merger with Bank of Sharjah

Reports claimed the Sharjah government was mulling the merger to create a bank with about Dhs66.2bn in assets

Saudi Binladin diverted ‘tens of thousands’ of workers to complete king’s NEOM palace

King Salman holidayed at the $500bn mega project towards the end of July

Qatar boycott puts it at highest risk of downgrade globally – S&P

Saudi Arabia, the UAE, Bahrain and Egypt cut diplomatic and transport ties with Qatar last year

Saudi accuses Canada of treating it like a ‘banana republic’

Saudi Arabia has cut ties with Canada after a tweet criticising its arrest of activists

Germany says it hopes Saudi ambassador will soon return to Berlin

Germany and Saudi have agreed to end a prolonged diplomatic row

Canada’s Freeland hopes to meet Saudi minister to discuss dispute

Last month, Saudi Arabia cut ties with Canada after Ottawa called for the release of activists

Dubai’s Nakheel awards Dhs35m contract for sports and leisure hub at Jumeirah Park

The new hub will feature an Olympic-size swimming pool, a massive gym, a clubhouse, spa and a medical centre

Dubai’s Union Properties denies reports of merger

Union had been in talks to merge with Deyaar before the 2009 financial crisis

Dubai court agrees to extradite British national to India in corruption scandal

Christian James Michel is wanted in India as part of investigations into a multi-million dollar helicopter purchase deal

Kuwait warns citizens against travelling to Iraq by road during Muharram

Kuwaiti nationals were also cautioned to adhere to strict hygiene standards in Iraq

Saudi’s Flyadeal to decide on 50-plane order with Airbus or Boeing next month

The airline began operations last September

Saudi reports cholera infection in southern province

The patients, identified only as non-Saudis, are receiving care at al-Mauwassem General Hospital in Jazan

Saudi Aramco says media reports of SABIC deal troubles “speculative”

Aramco is exploring the potential acquisition of a majority stake in SABIC from the kingdom’s sovereign fund

Saudi coalition seizes main road linking Yemen’s Hodeidah to Sanaa

The Western-backed military alliance has resumed its offensive in the city after the collapse of peace talks

Saudi inspectors record first violations of new foreign labour rules in Riyadh

The new rules mean stores selling items in four areas must have 70 per cent Saudi staff

UAE firms warned against job ads specifying race, gender, nationality

The statement came after a job posting by a UAE nursery specifying a candidate of “European origin and white skin”

Dubai’s Emaar refutes reports that it will provide 10-year investor visas

A media report claimed that the company was handing out the visas to buyers in six projects

Abu Dhabi stock exchange to launch futures trading in 2019

Regional exchanges are seeking to lure more investors

UAE developer launches Sharjah’s first smart homes in Dhs24bn project Aljada

Features include remote front-door access, 24-hour video security and the ability to change temperature and lighting with a button

British Consul says no change to UAE alcohol advice for nationals

British media reported that a consul Facebook page had urged travellers not to drink on flights to Dubai

Dubai has invested Dhs100bn on roads and transport infrastructure

The Dubai Metro began operations nine years ago

Two health scares at US airports linked to Makkah pilgrims – US officials

Health officials evaluated nearly 549 passengers at the New York airport

Oman plans to phase out traditional plastic bags

The introduction of new standards is hoped to mean most bags will be converted into compost or fetiliser

Saudi royal denies reports that he ‘blamed’ the kingdom’s rulers for Yemen conflict

Prince Ahmed bin Abdulaziz Al Saud says ‘Saudi King is responsible for the state’

Several shops ‘shutting down’ in Saudi as nationalisation deadline looms

The first phase of the new Saudisation regulations will take effect on September 11

Dubai’s RTA opens Nad El-Sheba roads, Hatta to follow

The works form part of the government of Dubai’s five-year plan

Saudi’s $500bn mega zone NEOM appoints tourism head

NEOM is intended to be a major business zone and tourist centre powered by renewable energy

First Emirati-made satellite, KhalifaSat, to launch in October

KhalifaSat will be launched aboard the H-IIA rocket from the Tanegashima Space Centre in Japan

Etihad-backed Jet Airways seeks to reassure investors with cost-cutting plan

The Indian airline expects to cut costs in excess of 20bn rupees ($285m) in two years

Video: Emirates SkyCargo transports 175 tonnes of aid to Kerala

The Dubai-based air cargo operator will transport the relief goods to Thiruvananthapuram