Leading stories of the day
|By Arabian Post Staff| Wealthy Chinese, who are emerging as a new force in overseas real estate investments, are consistently raising their profile in the Dubai property market as well. According to Nakheel sources,…
/By Arabian Post Staff/ Zurich Insurance Group AG has started a process to exit from its general insurance business in the…
/By Arabian Post Staff/ Standard & Poor’s has re-affirmed its view that Saudi riyal peg to the dollar, a subject currently…
|By Arabian Post Staff| Stability in office rents in Dubai’s main markets persisted throughout Q1 2016 as a result of continued…
Crude oil surged the most in seven years, rebounding from the lowest in more than a decade as equities rallied. Volatility…
The yearlong decline in global equities that started with a selloff in energy became a full-blown bear market Thursday as a…
|By Matt Smith| Dubai’s Emaar Properties , builder of the world’s tallest tower, reported near-flat quarterly net profit on Wednesday after…
A prolonged period of low crude oil prices could have an offsetting effect on gold prices, analysts with Bank of America…
The main developer of one of Dubai’s most outlandish real estate projects, the Falcon City of Wonders, says the long-delayed project…
Gold and its miners’ stocks are rocketing higher as speculators and investors alike return to this left-for-dead sector. This sudden deluge…
Markets are currently in a well-oiled “death spiral,” according to Citigroup Inc. analysts led by Jonathan Stubbs. “It appears that four inter-linked…
|By Arabian Post Staff|Bank Sarasin-Alpen (ME) Limited, the former Middle East affiliate of co-defendant Swiss Private Bank J. Safra Sarasin, has…
Saudi Arabia may further ease restrictions on foreign ownership in the economy and overhaul one of the world’s most restrictive visa…
Plans for a 1,350-mile railroad running the length of the Persian Gulf from Kuwait to the Indian Ocean are in doubt…
|By Arabian Post Staff| UAE real estate developers will have to look for alternative funding mechanisms such as joint ventures, refinancing,…
The world’s biggest oil producer is spending as much now as it did before the crash in crude prices, signaling no…
The $15 trillion rout in global equity markets since May is reawakening the lure of gold for investors seeking safety. Hedge…
Senior Saudi and Iranian figures clashed behind closed doors at a private meeting convened by the World Economic Forum in Davos…
Oil rallied, heading for biggest two-day advance since 2009 after a slump to a 12-year low prompted some investors to buy…
Less than two months after OPEC nations sparred over oil policy in Vienna, they resumed the debate at Davos. Nigeria’s oil…
The removal of sanctions on Iran may trigger at least $50 billion a year in foreign investment to finance a rebound…
|By Arabian Post Staff| Decreasing Saudi Arabia’s reliance on oil revenues could include the introduction of VAT and so-called sin taxes,…
Global oil markets could “drown in oversupply,” sending prices even lower as demand growth slows and Iran revives exports with the…
In a world awash with cheap oil, buyers in the world’s biggest consuming region aren’t clamoring for an additional 500,000 barrels…
As Iran emerges from a decade of international sanctions, its Gulf Arab rivals are facing their toughest economic predicament since the…
Stocks across the Middle East tumbled as the easing of sanctions against Iran raised the prospect of a surge in oil…
After a decade of unprecedented economic sanctions, Iran is about to be back in business. The Islamic Republic curbed its ability to…
Oil fell briefly below $30 a barrel on Tuesday, extending a relentless selloff that has wiped almost 20 percent off prices…