Leading stories of the day
OPEC has seemingly dropped any attempt at trying to fulfill its founding mission and manage the global oil market. For Saudi Arabia’s Ali al-Naimi, the most powerful and longest-serving of the group’s oil ministers,…
|By Arabian Post Staff|Analysts are consistently arguing in favour of a pickup in Dubai’s economic prospects in the wake of a…
|By Arabian Post Staff| Emirates and Malaysian Airlines agreed a huge code-share deal, allowing the airlines to sell tickets to more…
|Arabian Post Special| Indian officials have floated the idea of a gold exchange for the country, which will help discover the…
|By Arabian Post Staff| Sheikh Mansour bin Zayed Al Nahyan’s City Football Group (CFG), which owns a number football related clubs…
Gold prices rebounded off five-year lows on Monday as some investors rushed to grab a bargain while others closed out bets…
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…