In the 12th edition of the Research Company Evaluating the Media Agency Industry (Recma)'s Global Billings Report published last month, Omnicom network OMD has once again emerged as the global market leader and been named the top agency in the Emea region. It earned a similar distinction on a global level.

CNBC, First in Business Worldwide, will start broadcasting live from Bahrain on Monday, 14 June. The new editorial hub will coordinate and produce business and financial newsgathering from the Middle East, with a studio and production facility linked to CNBC's global network.