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Rocket attacks in Saudi and air strikes in Yemen strain truce

The truce was announced on Friday night as a step to end the 20-month old war

Missile from Yemen kills Saudi soldier hours before ceasefire

The 48-hour truce started at noon on Saturday

Oil may rise to $55 if all producers cooperate – Iran

OPEC is moving closer towards finalising its first deal since 2008 to limit oil output

Why Chinese phone makers are gaining traction in the Gulf

Cheaper products and improving reputations are helping Chinese smartphone manufacturers

Blom Bank to acquire HSBC’s Lebanese business

The transaction is expected to be completed in the first half of 2017

Saudi intercepts and damages missile from Yemen

The missile was targeted towards the city of Najran

Egyptian court overturns ex-president Mursi’s death sentence

Mursi was sentenced to death in June 2015

Arabs struggle to understand Trump’s Middle East rhetoric

For many Arab rulers and royals, Trump’s victory is a source of anxiety

Milan seeks to lure GCC firms fleeing Brexit

Finance firms in Britain fear they will lose their licences that allow them to sell their services across the EU

Trump election has no effect on Tehran’s policies – Iran President

Iran’s expanding economic ties with the world were irreversible, said Rouhani

GCC stock markets drop sharply on Trump win

Investors fear a Trump victory could cause global economic and trade turmoil

Yemen peace hopes flicker as Saudi studies UN plan

A Yemeni diplomatic source said that most, but not all, of the Saudi leadership had agreed to the plan

Iraq asks oil majors to downsize costly Dubai offices

Oil companies helping Iraq develop its massive fields have to clear their spending with Baghdad each year

Lebanon’s Aoun elected president, ending 29-month vacuum

Aoun, who is in his 80s, secured the presidency by winning the support of 83 MPs

Qatar and UAE close gender gap but rank poorly worldwide

Gulf economies were the worst performing in the high income group in this year’s index

UAE climbs to 26th in World Bank’s Doing Business ranking

The emirates climbed the most places among the Gulf countries

Truce in Yemen between Saudi-backed forces and Houthis expires

Each side accused the other of repeatedly violating the three-day truce

Why GCC businesses are adopting virtual reality solutions

The use of VR has become one of the most talked-about developments for businesses in recent years

Civilians injured in Saudi by missiles fired from Yemen

A UN-brokered 72-hour truce between the Houthis and the Saudi-led coalition began just before midnight on Wednesday

Saudi says prepared for ceasefire in Yemen if Houthis agree

Saudi Foreign Minister Adel al-Jubeir said Houthis would have to agree that Yemen was free

Iran hopes soon to reach Qatar’s gas production levels

Iranian oil minister Bijan Zanganeh said Iran’s priority was developing the giant South Pars gas field

Different Arab money

GCC funding needs could reach $560bn between 2015-2019 – S&P

The region is continuing to feel a strong impact from low oil prices

Saudi coalition says wrong information led to Yemen funeral attack

The air strike on the funeral gathering in Sanaa killed 140 people, according to a UN estimate

Two Americans held in Yemen released and flown to Oman

Oman worked with Yemeni authorities in Sanaa to secure the Americans’ release

Acer ME head on why it exited the regional smartphone market

The influx of cheaper Chinese smartphones has made the market unviable, says Daniel Trachino

US Navy again faces missile attack from Houthi territory in Yemen

This is the second such incident in four days

70% of young Gulf Arabs prefer public sector work

The Arab Youth Survey findings reveal Gulf nationals still strongly prefer government roles despite efforts in the private sector

Saudi forces intercept two missiles from Yemen

The missiles were reportedly directed at the Saudi city of Jazan

Samsung stops sale of Galaxy Note 7, asks users to ‘turn off’ devices

The company is investigating reports of replacement devices catching fire

Saudi coalition promises investigation into Yemen attack

The airstrike, which is believed to have hit a funeral gathering, killed more than 140 people