Gas pipeline burst at Dubai eatery injures one

One person injured and three-storey building damaged in Al Karama area

NBAD, FGB merger could lead to 30% cost savings

Executive who oversaw Emirates Bank and National Bank of Dubai merger says cost savings could come through reduced branch networks, less head office space

UAE-based FMCG group Unikai expands into Bahrain

The company has signed an agreement with Bahrain-based Behzad group

GFH Financial Group confirms creation of real estate unit

The bourse statement followed comments from the company’s chief executive on Monday

Bahrain’s Investcorp to acquire majority stake in Italy’s Corneliani

Under the deal, the Corneliani family will remain minority shareholders

Wasta seen as main source of corruption in Saudi

National Anti Corruption Commission study encourages greater punishment for corrupt practices

Iranian official says Bahrain will ‘pay price’ for insulting Shi’ite cleric

Bahrain stripped the citizenship of Shi’ite cleric Isa Ahmed Qassim on Monday

Are excessive doctor visits straining the UAE healthcare system?

Here’s what your company can do to alleviate the strain of rising healthcare costs in the UAE

Bahrain strips top Shi’ite Muslim cleric of citizenship

Isa Ahmed Qassim could potentially face expulsion from the country

Saudi contractor MMG says its board has resigned

Last week, Saudi’s stock market regulator fined MMG SAR 1.6bn and sentenced three people to jail

Jumeirah Golf Estates appoints contractor for Alandalus project

Construction on the project is slated to begin in June 2016

Dubai launches WhatsApp number to check authenticity of rumours

Dubai Municipality’s new service aims to address public concerns about rumours circulating on social media

Saudi Arabia buys 315,000 tonnes of hard wheat

The wheat purchased was of European, North American and Australian origin

Revealed: 9 biggest digital marketing mistakes in the UAE

Because in today’s market digital and mobile reach mean everything

Oman announces plans to develop its first waterpark in Muscat

The park will be developed on a pubic-private partnership model

NCMS warns of dust and poor visibility in the UAE

Relative humidity is also expected to increase over certain areas

Dubai reveals new holiday home regulation

All you need to know about local sponsorship in the UAE

It is very important for foreign investors to understand the role and functions of local sponsors

Abu Dhabi banks NBAD and FGB confirm merger talks, shares soar

Each lender has formed a working group to “review the commercial potential” of a merger

Saudi regulator bans Deloitte from audit work for two years

Deloitte has been barred because of its involvement with troubled Saudi contractor MMG

Handover begins of delayed Dhs 7bn Living Legends project in Dubai

The Saudi-based developer has started handing over the first phase to investors

UEFA Euro 2016 games to be screened at VOX Cinemas in the UAE

VOX has partnered with beIN to broadcast the games in the UAE, Oman and Lebanon

Qatar Navigation to buy Qatar Petroleum stake in Al Shaheen

Al Shaheen has three joint ventures in oilfield services

In pictures: Two new Apple stores open in Dubai airport

Located in Terminal 3, the stores are Apple’s largest in travel retail

UAE’s ENEC awards $3bn nuclear deals to local firms

Construction of the country’s first nuclear energy plant is now more then 65 per cent complete

Saudi, US ties strong ‘irrespective of who is in the White House’ – minister

Saudi’s Deputy Crown Prince Mohammed bin Salman met with US president Obama last week

Dubai wins bid to host World Real Estate Congress in 2018

The event is expected to attract over 1000 industry professionals

Alabbar-led group buys major stake in Kuwait’s Americana for $2.4bn

The Dubai-based investment group named Adeptio has bought the stake from the Kharafis

Qatar predicts three years of budget deficits as low oil prices bite

Qatar forecast a fiscal deficit of 7.8 per cent of GDP this year, the first deficit in 15 years

Saudi market regulator jails two executives of contractor MMG

The company’s founder Mohammad Al-Mojil and his son Adel Al-Mojil were sentenced to five years in prison.

Oman finance ministry to issue $2.5bn sukuk to plug budget gap

The bonds will consist of a $1bn five-year issue and a $1.5bn 10-year issue