Leading stories of the day
Iran, which has said it’s exempt from OPEC’s accord to cut production, told the group it raised output by the most since international sanctions were lifted. Iraq, unwilling to curb its supplies, reported a…
Saudi Arabian stocks extended their winning streak to six days, entering a bull market as investors bet the government’s belated payments…
Saudi business magnate Prince Alwaleed bin Talal on Thursday put aside his bitter clash with Donald Trump and embraced the Republican…
Emirates and the Gulf’s two other major airlines are likely to get pride of place at Frankfurt airport’s new terminal, allowing…
|By Arabian Post Staff|Donald Trump’s election as American President is expected to further complicate OPEC’s efforts to strike a deal for…
|By Arabian Post Staff| Dubai Electricity and Water Authority (DEWA) has confirmed that the ACWA Power and Harbin Electric consortium has begun…
Emirates Group first-half profit plunged 64 percent as the world’s biggest airline by international traffic struggled with a rising U.S. dollar…
|By Arabian Post Staff| It might be possible in the not too distant future to travel between Dubai and Abu Dhabi…
|By Kalyani Shankar| The US election results have surprised many who were batting for the Democratic candidate Hillary Clinton. This is more…
|By Arabian Post Staff|The gold price breached US$1,300/oz in the wake of Donald Trump’s victory, up from US$1,275/oz before the vote…
|By Arabian Post Staff| The Ministry of Finance (MoF) announced the UAE’s membership to the Global Forum on Transparency and Exchange of…
|By Arabian Post Staff|Emaar Malls recorded a net profit of AED 1.42 billion during the first nine months (January to September)…
International oil companies will probably cut investment spending about $370 billion this year and next, according to Wood MacKenzie Ltd., just…
|By Arabian Post Staff| The growing list of OPEC members seeking exemptions from a planned supply cut has investors seeing future…
|By Arabian Post Staff| Saudi Arabia’s $17.5 billion debut sovereign bond issue had a most successful start, with investor orders reaching…
|By Arabian Post Staff| US$51.6 billion of Dubai’s debt will come due for repayment in 2016-18, with US$27.4 billion due in…
|By Arabian Post Staff| Adnoc announced plans to merge Abu Dhabi National Tanker Co., Petroleum Services Co. and Abu Dhabi Petroleum…
|By Arabian Post Staff| Signs of friction over OPEC’s production freeze plan are already emerging, with more members questioning the proposed…
|By Arabian Post Staff| A high level panel will examine the effects and ramifications of de-risking for Middle East banks, under…
|By Arabian Post Staff| The Dubai Islamic Economy Development Centre is in the process of developing a National Bonds Sukuk Trading…
|By Arabian Post Staff| Goldman Sachs Group Inc. won a landmark case when a London court ruled that there is no…
|By Arabian Post Staff| Saudi Arabia said it was holding investor meetings in London, Los Angeles, Boston and New York from…
Donald Trump, under attack by opponents as well as Republican politicians for crude remarks about women, doesn’t “have any clue about…
|By Arabian Post Staff|Etihad Aviation Group and TUI AG confirmed they are in discussions to create a strong European leisure airline…
|By Arabian Post Staff| Despite external debt remaining at tight spreads due to still-high leverage and refinancing challenges, Dubai will muddle…
|By Arabian Post Staff|The United Arab Emirates (UAE) has witnessed a 210.8% growth in the use of Chinese currency for payments…
|By Arabian Post Staff| High gold prices are threatening India’s status as a leading importer of gold and this has significant impact…
|By Arabian Post Staff| OPEC members aren’t likely to reach a supply deal in Algiers next week, but an agreement to…
