Oman to reopen Al Hoota Cave ahead of Eid Al Adha

The attraction will reopen to the public from September 5

Explosion destroys apartment in Dubai’s Al Khail Gate

Two women were seriously injured and a baby also suffered minor injuries in the accident

Saudi prince to discuss reform drive in visits to China, Japan

Saudi officials will also discuss energy cooperation agreements with the two countries

Dubai’s Drake & Scull says it has not hired adviser to seek investment

An earlier report claimed the contractor had asked advisers for proposals to find strategic investors

Kuwait scraps nuclear power plans

Ministry says alternative sources are more cost effective

India urges stranded workers in Saudi to return by Sept 25

Several workers have been laid off from construction companies in the kingdom

Kuwait signs financing deals with Bahrain worth $1bn

The funds will go towards a housing project and infrastructure works

Consultancy firm warned of danger prior to Makkah crane collapse

Company warned of “serious and unacceptable” risks

Six Flags plans world’s biggest roller coaster in Dubai

The Six Flags theme park is coming up within Dubai Parks and Resorts

Video: Inside the world’s largest indoor theme park in Dubai

IMG Worlds of Adventure will open its door later this month

Majid Al Futtaim reveals Dhs600m expansion of City Centre Ajman

The renovated mall will feature 150 retail and dining outlets and an expanded VOX Cinemas

RAKBANK CEO expects challenging second half

Peter England said it would be a tough year for the bank despite some signs of improvement

Saudi government selling up to SAR20bn of bonds – report

The government began regular monthly sales in mid-2015 to help cover a budget deficit

Dubai resident detained for ‘illegally’ promoting charity released on bail

Australian-British national Scott Richards was arrested in late July

Video: Work progressing on Saadiyat Lagoons project in Abu Dhabi

The main construction contract is expected to be awarded before year-end

Arms sales to Saudi ‘illicit’ due to civilian deaths in Yemen – campaigners

The Control Arms Coalition said Britain, France and the US were flouting the 2014 Arms Trade Treaty

UAE offers Egyptian Central Bank $1bn deposit

Offer comes as the country continues to suffer from a dollar shortage

Nearly 2,000 Saudi mobile shops closed

New Saudisation targets continue to impact the sector

Dubai’s RTA to reopen Dubai Marina intersection adjacent to tram

The left and U-turns at the intersection of Al Sufouh-Al Gharbi Streets will open in early September

Proposed bridges between Saudi and Bahrain, Qatar expected in near future

Second proposed Saudi-Bahrain link would be 70km long

Saudi to discuss energy cooperation with China, Japan

Saudi Arabia has traditionally accounted for most of the crude imports by Asia

Dubai contractor Drake & Scull seeks new investors

The firm has been hit hard by an economic slowdown in the region due to low oil prices

Mild earthquake recorded in the UAE

The tremor at Dibba Al-Fujairah did not cause any damage

First half passenger traffic at Dubai World Central surges 95%

New flights from low cost carrier flydubai contributed significantly to the increase

Dubai’s Nakheel says it is now a ‘debt-free’ company

The developer has made arrangements to repay its Dhs4.4bn trade creditor sukuk this month

Abu Dhabi Financial Group ups GFH stake

GFH signs MoU to acquire majority stake in Bahrain’s Bank Al Khair

The deal is subject to board approvals and due diligence

Oman’s private sector firms cutting health insurance

Tougher market conditions are making many firms seek savings on insurance costs

Saudi’s Binladin to clear all workers’ dues by September-end – report

The construction company has reportedly started repaying its workers

Thailand’s oil explorer PTTEP to sell Oman 44 project

The deal is expected to close in early fourth quarter of 2016

Emiratis fined for driving 200kph on German highway

Tourists caught driving at almost double the speed limit