Leading stories of the day
|Arabian Post Special| Indian officials have floated the idea of a gold exchange for the country, which will help discover the standard gold price for India. The trading platform would be made available for…
Saudi Arabian banks are feeling the squeeze from falling oil prices. The rate at which banks in the biggest Arab economy…
|By Arabian Post Staff| The price of gold futures hit their lowest levels since October 2009, below what Goldman called a…
|By Arabian Post Staff| It is a double whammy for gold this Thursday. The metal was trading near its lowest in…
|By Arabian Post Staff| House prices in Dubai will bottom out towards the end of next year, real estate consultancy Cluttons…
|Arabian Post Special|If oil prices fall further from the current levels, it would lead to a quick buildup of pressure on…
|By Arabian Post Staff| The gold deposit scheme launched with great fanfare by Prime Minister Narendra Modi two weeks ago has…
|By Arabian Post Staff| Saudi nationals engaged in gold and jewellery business believe that the new foreign investment law, which allows…
|By Arabian Post Staff| The AED 1.9 billion debt restructuring deal by Dubai government-owned entity Limitless has run into trouble following…
|By Arabian Post Staff| Dubai’s investment plans are not threatened by the situation stemming from the fall in oil prices and…
|By Arabian Staff| Loan defaults and business owners fleeing the country leaving behind huge debts are becoming a routine affair in…
|By Arabian Post Staff| The United Arab Emirates may cut government spending as a result of the slump in oil prices,…
|By Arabian Post Staff| Dubai’s external debt continues to be at tight spreads, given still high leverage and refinancing challenges but…
|By Arabian Post Staff| A scenario of continued fall in oil prices, OPEC oil export revenue could fall by a quarter…
|Arabian Post Special| The US Administration has commended the UAE Central Bank and the Government for taking prompt action against a…
Gunmen and bombers attacked restaurants, a concert hall and a sports stadium at locations across Paris on Friday, killing at least…
|By TAP Staff| Total gold demand in Q3 2015 stood at 1,121 tonnes , an increase of 8% compared to the…
Airbus Group SE escaped order oblivion at the Dubai Air Show after negotiating a last-minute agreement to sell 30 narrow-body planes…
|By TAP Staff|Arabtec reported losses for a fourth straight quarter with certain provisions and reversal of some previously recognized numbers. The…
|By TAP Staff| AED 4.8 billion has already been spent on the theme park owned by Dubai Parks and Resorts and…
|By TAP Staff| Business confidence in the Middle East is at its lowest ebb for more than five years, according to…
|By TAP Staff| Dubai developer Limitless has failed to repay over $500 million, which it had promised to pay banks from…
|By TAP Staff| Residential rents in Abu Dhabi may be reaching an affordability ceiling, particularly at the higher end of the…
|By TAP Staff| Dutch bank ABN Amro said it has paid fines to regulators in the Netherlands and Dubai over “serious…
|By TAP Staff| With the departure of AC056, Air Canada inaugurated new service between Toronto and Dubai, the newest addition to…
|By TAP Staff| The GFMS Gold Survey for the third quarter is bearish on the short term prospects of gold and…
|By TAP Staff| Emaar Properties recorded a growth in net profit of 16 per cent for the first nine months (Jan…
Qatar Airways will extend its code-share partnership with JetBlue Airways Corporation to 29 destinations beyond Boston when it begins flying to…