Mecca crane disaster: Saudi king orders SAR 1m compensation for victims’ families

Those who suffered permanent disability will also receive SAR 1m while others injured will get SAR 500,000 in compensation

Emirates NBD to offer banking services via Twitter

The service will allow customers to tweet the bank for enquiries about their current or savings account and credit cards

Home Centre reveals 50 store expansion, Dhs 1bn investment

The investment will expand upon Home Centre’s 90 store footprint

Boeing appoints new business heads for Turkey and Qatar

Omar Arekat, Boeing Commercial Airplanes sales director, has been appointed managing director for Qatar

Dubai’s Juma Al Majid launches hospitality arm, takes over ex-Taj hotel

The former Taj Palace Hotel in Deira has now been renamed Jood Palace Hotel- Dubai

Saudi suspends Binladen group over Mecca crane disaster

King Salman also ordered that the group’s board members and senior executives be barred from travel abroad

GCC construction firms continue to hire despite oil slump

Previously awarded projects are continuing without impact, experts say

Rouhani’s nuclear dividend to feature in Iranian elections

Parliament is dominated by conservatives and many analysts say Khamenei will not want Rouhani’s allies to win a majority

Pictures: Accor opens Novotel, ibis in Iran, leads Tehran hotel drive

Accor is set to become the first international hospitality company to operate in Tehran since the 1979 Revolution.

UAE public and private sector Eid Al Adha holidays announced

The public and private sector holidays will end after September 26 and 25 respectively

Etihad Airways Partners to raise at least $500m via bond

Price guidance for the five-year bond was maintained in the area of 7 per cent

Buffet-backed fast food chain Dairy Queen in major UAE expansion

Over 20 outlets are planned across the UAE over the next four years

Kuwait court sentences seven to death over mosque bombing

The June 26 suicide bomb attack inside a Shi’ite Muslim mosque killed 27 people.

UAE retail chain LuLu expands into Indonesia, plans 15 outlets

The group plans to invest $300m in the first phase of expansion

Saudi-led coalition in Yemen sees victory “no matter what”

Yemeni forces and their Arab allies are fighting to oust the Houthis in a six-month war that has killed over 4,500 people

Saudi cabinet grants license to Qatari bank for first time

Qatar National Bank has been granted a license to open a branch inside the kingdom

Group of 32 countries criticises Bahrain’s human rights record

The group has expressed concerned about reports of harassment in the Gulf State

China’s SEPCO set to win gas booster project for Saudi Aramco

Under the new project called MGS 2, SEPCO will build a gas compressor station, industry sources said

Egypt security forces accidentally kill 12, including Mexican tourists

The tourist group of 22 had parked their four four-by-four vehicles off road for a barbecue near the Bahariya oasis

Nakheel signs contracts worth Dhs 2.4bn for Nad Al Sheba project

The Nad Al Sheba project, which includes 1500 villas and serviced residences, is slated for completion in early 2018

Swiss authorities helping Oman in oil corruption probe

Swiss authorities are involved because transactions related to the probe involved Swiss financial institutions, a source said

Different Arab money

GCC economies hit by oil price drop, to grow 3.4% in 2015

The UAE and Saudi Arabia have fared better than their GCC counterparts because of economic diversification, says report

Qatar should have bid for joint Gulf World Cup tournament – Prince Ali

The prince suggested Bahrain and the UAE could have been co-hosts

Five Saudi soldiers killed at Yemen border, fighting begins in central province

The five Saudis were reportedly killed in southern Najran province

Video discussion: Why better air traffic control can help the Middle East save billions

The Middle East can see benefits of around $16.3bn over the next 10 years by improving air traffic control systems

First day of Eid Al Adha announced

Official holiday dates for the public and private sectors in the UAE have yet to be announced

UAE Armed Forces launch ground offensive in Yemen

An Emirati serviceman was killed during the operation, state news agency WAM reported

Five minutes with.. Michele van Akelijen, MD, Dubai Airshow organisers

Michele van Akelijen reveals some key details about this year’s Dubai Airshow

UAE bank FGB raises $1bn loan for general purposes

The three-year facility is structured as a bullet loan which means the principal will be repaid at the end of the term

New Filipino restaurant to open in Dubai

A survey found that less than 4 per cent of Filipino expats would pay up to Dhs 100 for a single meal