Oil price rebound may lift bourses in Gulf

Brent oil futures have risen 0.6 per cent on Thursday morning to $43.34 per barrel

Iranian oil minister: Crude market ‘oversupplied’

Supply from OPEC rose to 33.41 million barrels per day in July

Over 50,000 schools to be set up in the GCC by 2020 – report

The population of school going children is estimated to reach 15 million in the region by 2020

Seven Saudi troops, many Houthis killed near Yemen border

The UN-sponsored negotiations had been on the verge of collapse after a new row erupted last week

US allows American-made planes to be flown to Iran

A new licence allows US-made planes to have “temporary sojourn” in Iran

Rixos, Emaar open mega Turkish theme park ‘The Land of Legends’

Located in Antalya, the new destination claims to be the biggest leisure park in Turkey

HSBC says in talks to sell Lebanese business to Blom Bank

The bank employs around 200 people in Lebanon

What’s the future of payments in the Middle East?

Verifone MENA vice president and general manager Ozgur Ozvardar on what’s next for the industry

Suspects in Saudi embassy attack in Tehran appear in Iranian court

Protesters stormed Saudi’s embassy in Tehran following Riyadh’s execution of a prominent Saudi Shi’ite cleric

Iran will issue visa on arrival to all but 9 countries

Italy expects to sign $1.1bn Iran high-speed rail deal in Feb 2017

The contract is for the roughly 100 km-stretch between Qom and Arak

Different Arab money

Brexit will not have major impact on GCC sovereigns – Moody’s

UK bank financing to the GCC may slow, but impact will be minimal

Iran expects fire-hit petchem plant back online within weeks

The fire broke out at the complex in the city of Bandar Mahshahr on Wednesday but caused no fatalities

Iran missile tests ‘not consistent’ with nuclear deal spirit – UN

Most UN sanctions on Iran were lifted in January after it was confirmed that Tehran fulfilled commitments under its nuclear deal

Bomb blast kills policemen near Eid prayers in Bangladesh

Gunfire exchanged at gathering of 200,000 people a week after Dhaka cafe massacre

Chilcot report: oil groups lobbied UK government ahead of Iraq war

Iraq inquiry shows oil Was a major consideration for UK before war

Blair had qualms on Iraq war, but promised Bush support “whatever”

Blair was persistently accused by critics of being a ‘poodle’ of Washington

Emirati wrongfully arrested in the US returns to hospital

Ahmad Al Menhali was arrested at gunpoint in the lobby of the Fairfield Inn and Suites in Ohio last week

Saudi accuses 32 people of spying for Iran

Saudi Arabia intercepts ballistic missile from Yemen

The missile was reportedly heading towards the city of Abha

UAE embassy urges action after Emirati wrongly arrested in US

Ahmad Al Menhali was arrested in the lobby of the Fairfield Inn and Suites in Avon last week by armed police

What Brexit means for the Gulf

It may not be the next global recession but Brexit cannot be ignored in the region

Mideast funds turn more positive on bonds post-Brexit vote

Regional fund managers remain cautious on equities, finds poll

Five Saudis among 42 killed in Istanbul suicide attack

Three suspected ISIL suicide bombers opened fire and blew themselves up in Istanbul’s Ataturk Airport

Dubai hotels see 86% occupancy in May, but RevPAR drops

Average daily rates in hotels were down last month, finds EY report

Suspected ISIL suicide bombers kill 36 at Istanbul airport

Most those killed were Turkish nationals but foreigners were also among the dead

UAE’s ‘ultra rich’ to see 20% rise in wealth over five years

Total number of millionaire households to grow by another 8% by 2020 as overall private wealth hits $1 trillion

Millennium & Copthorne set to open 10 hotels across the GCC

The hotel operator says it is on track to have 100 hotels in the region by 2020

Brexit: UK may be able to trade faster with the GCC

But little likelihood of free trade agreements between the GCC and the UK after referendum

Saudi/French deals expected during prince’s visit

The prince will meet with senior French leaders including President Francois Hollande

Saudi-led air strikes in Yemen kill at least seven – residents

The Yemen war has killed more than 6,400 people and caused a severe humanitarian crisis

Gulf stock markets sink on Brexit fears

Dubai was the weakest GCC bourse on Sunday