UAE's Etihad Airways has denied recent reports about a possible merger with Germany's Lufthansa, said a report.
Media speculations arose when Reuters had quoted Italian newspaper Il Messaggero which reported that executive
Rumours that a former chief executive of Arabtec Holding, Hasan Ismaik, will be appointed to its board are false, the Dubai-listed construction firm said on Monday.
"The rumours over the appointment of Mr Hasan Ismaik as chai
Emaar Properties, Dubai's largest listed real estate developer, said on Thursday it categorically denied rumours that its chairman Mohamed Alabbar intended to leave the company.
Alabbar is managing the company's business o
Major Dubai construction firm Arabtec will hold a news conference on Wednesday to respond to market rumours about the company, it said in a bourse statement on Tuesday.
The news conference will be held at the Abu Dhabi offices of
Saudi police are monitoring spreading rumours by individuals on social network sites and are taking action against such people, a police offical said.
Nawaf Al-Bouq, spokesman of Jeddah police, was quoted by Arab News as saying&nb
There was no truth to the reports of an imminent terrorist attack in Bahrain and people behind such rumours are seeking to spread fear in the community, said a senior government official.
Minister of State for Information Affairs
National Bank of Kuwait (NBK) on Saturday denied rumours that its group chief executive Ibrahim Dabdoub has resigned from the post.
In an official statement, NBK chairman Mohamed Al Bahar said neither Dabdoub nor any senior executive at th
Bahrain's probe commission, set up to investigate incidents and human rights abuse in the kingdom, has hit out at baseless rumours in the international and local Press about its work.
In a strongly worded statement, Bahrain Independent Com