Iran’s Ahmadinejad will not make presidential comeback

Former president indicates he has bowed to pressure not to run

UAE’s Al Habtoor buys two Budapest office buildings

The acquisitions follow two previous hotel deals in the Hungarian capital by the conglomerate

Obama vetoes 9/11 Saudi bill, sets up showdown with Congress

President Obama said the Justice Against Sponsors of Terrorism Act would hurt US national security and harm important alliances

Are GCC businesses leveraging social media enough?

M.R. Raghu, managing director of research house Marmore Mena Intelligence, examines whether social media is being tapped in the region

How ME start-ups are shaping the future of healthcare

From wearable healthy living devices to ‘digital house calls’, healthcare is entering a new phase

US Congress lacks votes to override Obama veto on 9/11 bill – US-Arab Relations CEO

John Duke Anthony said the “better argument will prevail”, according to reports

oil-big7

Oil jumps after surprise drop in US crude inventories

An oil services workers strike in Norway threatened to cut North Sea output

Acer to launch world’s thinnest laptop Swift 7 in the UAE in November

The notebook will be priced at an estimated Dhs5,000

White House presses Congress on bill allowing 9/11 families to sue Saudi Arabia

The Senate sent the bill to Obama last week, giving him a 10-day window to veto the measure

Fox calls for greater UK, UAE trade ties during visit

UK trade secretary said the UAE had been highlighted for “big-ticket” export opportunities post Brexit

Saudi forces intercept missile fired by Yemen’s Houthis

The Qaher-1 missile was aimed at Saudi Arabia’s King Khalid Air Base

Domestic workers in Dubai earn highest in the region

On average, a domestic worker in the emirate pockets a monthly salary of Dhs1,697

OPEC, non-OPEC oil stabilising deal close – Venezuela President

OPEC members are set to hold a meeting with non-OPEC oil producing nations in Algeria this month

Iran supports any move to stabilise oil market – President Rouhani

Falling oil prices are “harmful to all countries, especially oil producers,” he said

What’s fueling the GCC’s hospital bed boom?

New healthcare facilities are coming up across the GCC, but who is developing them and what are the challenges they face?

The importance of start-ups to the halal economy

A growing number of Muslim-centric businesses are helping to diversify the halal economy

Houthi authorities seize tankers in Yemen port

Two 74,000 tonne ships, the Chao Hu and the Hong Ze Hu, have been denied permission to leave Hodeida port

Fire breaks out at refinery in southern Iran

Four people were injured in the blaze

Global oil supply will continue to outpace demand next year

Global demand growth is slowing at a faster pace than initially predicted by the IEA

Three Qatari soldiers killed in Yemen

This is the country’s highest single death toll in the 18-month conflict

Qatar calls for friendly ties between Iran, GCC states

Fresh strains have emerged between Saudi and Iran over the haj pilgrimage

Middle East job cuts expected as Dell and EMC merge; new regional head revealed

Aongus Hegarty, president of the EMEA region at Dell, said there would be “limited realignment” in the region

Libyan forces attack oil ports

The attacks were reportedly launched by forces loyal to eastern Libyan commander Khalifa Haftar

Special report: How the GCC has evolved over the last 20 years

On Gulf Business’s 20th anniversary, we look through our back catalogue and examine how the Gulf has changed throughout the years

Emirates to start A380 Christchurch flights

New double-decker service to the South Island gateway complements Auckland A380 flights

New York overtakes London for Middle Eastern property investment

Regional property investors are diversifying their assets, according to CBRE

Iran says ready to help restore oil market balance

Tehran first wants to regains its pre-sanctions oil market share

Why the MENA region should invest in higher education

The MENA region can support economic goals by investing in higher education and research

Death toll in Yemen war rises to at least 10,000 – UN

The toll might be even higher since some areas have no medical facilities

Revealed: Top 50 GCC banks in 2016

Gulf Business reveals the 50 biggest banks in the GCC as ranked by asset size