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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

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-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

Brexit: How will it affect GCC property investors?

London’s residential property market is now cheaper for investors from the Middle East

Middle East stock markets could take hit from Brexit on Sunday

The greatest impact of a weaker pound and euro is anticipated to be felt in the UAE

What are the GCC region’s high margin industries?

Here’s what regional industries can do to improve profitability

Gulf stock markets lack direction before Brexit vote

Investors in Gulf bourses have remained largely on the sidelines because of Ramadan

Middle East media agencies win big at Cannes

Memac Ogilvy Dubai and Leo Burnett Beirut won big at the awards

British Airways suspends flights to Sharm al-Sheikh ‘indefinitely’

British and Russian governments banned their airlines from flying to Sharm al-Sheikh because of security concerns

Boeing confirms signing airplane deal with Iran Air

The agreement marks Boeing’s first sale to Iran since its Islamic Revolution in 1979

oil-big7

Global oil companies cautious ahead of Iran’s licensing round

The licensing round for international oil companies is expected to be launched on Tuesday

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

Revealed: 10 countries with the lowest business taxes

All the GCC countries, but Oman, appear on the list

Different Arab money

GCC companies should start preparing for VAT, excise tax

New PwC report urges regional firms to ensure systems are in place for the new taxes

Investigators start analysis of damaged EgyptAir black boxes

Sources said it would require “lots of time and effort” to fix the black box recorders

Why the GCC’s future could lie in greater union

EY MENA chairman and CEO Abdulaziz Al Sowailim on how GCC countries are responding to oil price volatility

Small international banks begin entering Iran

The world’s big banks have continued to stay away because they fear being penalised by remaining US sanctions

Why public-partnerships are key for future GCC growth

PPPs allow investment in public infrastructure to be accelerated

Iran files complaint with ICJ to recover $2bn frozen in US

The assets held in New York are part of the Iranian bank’s foreign currency reserves

EgyptAir crash: Wreckage found at sea

Flight MS804 crashed on May 19 killing all the 66 people on board

What the Microsoft-LinkedIn deal means for the Middle East

Microsoft announced a $26.2bn acquisition of LinkedIn earlier this week

Powerful blast outside Beirut bank

There have been no reports of casualties so far

Iran says 80% of oil contracts with Europe are operational

Iran plans to sell 600,000 to 800,000 barrels per day to European buyers