Saudi non-oil GDP growth to slow to 2.8% this year

The kingdom’s non-oil GDP growth stood at from 3.4 per cent in 2015

Qatar bans minimum charges in restaurants

Currently many F&B establishments in the emirate force customers to place a minimum order

New Dubai Industrial Strategy to help generate Dhs 160bn by 2030

The strategy will focus on six sub sectors such as aerospace, maritime and aluminum, among others

Dubai’s RTA to open Abu Dhabi-bound bridge on Sheikh Zayed Road

Six lanes of the eight-lane bridge will be opened on July 1

Revealed: 10 Eid staycation deals in the UAE

With Eid Al Fitr around the corner, Gulf Business picks 10 getaway deals within the UAE

Saudi, UAE say Brexit to have little impact on their financial institutions

Saudi said it had already made some adjustments to assets denominated in sterling and euros

Have Bahrain’s national reconciliation efforts been put on hold?

A US State Department reports says Bahrain has implemented some reforms but “more work remains to be done.”

Court orders Germany to decide on gun exports to Saudi Arabia

The government will now have to decide whether to allow gunmaker Heckler & Koch to export parts to Saudi

Commercial Bank of Dubai closes in on up to $500m loan

The three-year loan will be used to refinance existing debt

Bahrain summons five senior Shi’ite clerics for questioning

Bahrain stripped top Shi’ite cleric Ayatollah Isa Qassim of his citizenship earlier this week

Abu Dhabi-backed Solar Impulse 2 completes Atlantic flight

Experimental solar-powered plane lands in Seville after a 70-hour journey from New York

Eid Al Fitr 2016: UAE astronomer predicts end of Ramadan

Tuesday, July 5, is expected to be the final day of Ramadan

Australian firm cuts almost entire Dubai workforce

The cuts came as a surprise to staff, with several recently hired to develop new roles in the Middle East

Carrefour hypermarket confirmed for Abu Dhabi’s $1bn Reem Mall

Construction on the mall is scheduled to be complete in late 2018

Emirates to introduce A380 on daily Dubai-Auckland route

The added capacity will meet growing demand on the route – the world’s longest

SeaWorld eyes Saudi theme park

The company was previously linked with an attraction in Dubai

Saudi land tax could see prices drop by 40%

A 2.5 per cent tax on unused land was approved earlier this month

Saudi’s King Salman to announce $1.35bn of projects in Madinah

The projects will cover healthcare, education, culture and electricity and water

Saudi deputy crown prince meets UN chief, discusses Yemen

A recent UN report blamed the Saudi-led coalition in Yemen for 60 per cent of child deaths and injuries in the conflict

Emirates receives 80th A380 jet from Airbus

The aircraft will be used on the Dubai-Vienna route from July 1

Work to begin on Abu Dhabi Midfield Terminal’s external facade

De-propping of the last arch in the roof of the new terminal is now complete

Deloitte says ‘disappointed’ by Saudi regulator ban

The company is barred from offering auditing services to CMA-authorised companies in Saudi for two years

Kuwait’s Alghanim to launch Wendy’s fast food chain in Saudi

Announcement follows the company’s acqusition of the regional rights to the brand in 2015

Dubai reveals new holiday home regulation

Dubai, Abu Dhabi rise up most expensive city list

Dollar strength and rental increases saw many Middle Eastern cities climb the ranking

Dubai ranks among the world’s top 10 cities for green buildings

The ranking assesses cities on the number of green building initiatives and their effectiveness

Dubai airport expects nearly 2m passengers over two weekends

Traveller numbers are expected to peak during the weekends of June 30 and July 7

First-ever NBA store in the Middle East to open in Doha

NBA-branded stores are also planned for the UAE, Saudi Arabia and Kuwait

Saudi eyes 2,000 jobs for car accident assessors

The new scheme aims to digitise the process for car accident insurance claims

Saudi reports at least 20 new MERS cases due to misdiagnosis

The World Health Organisation says outbreak in Riyadh was started by a 49-year-old woman

UAE’s Crescent Enterprises invests in Africa’s Mara group

The investment was made into e-commerce platform Mara Shopping and Mara Xpress