Leading stories of the day
|By TAP Staff| A company owned by Dubai Holding said on Sunday it plans to sell its 60 percent stake in Maltese telecom operator Go. Emirates International Telecommunications (EIT), a unit of Dubai Holding,…
Apple Inc. shares tumbled, wiping out $32 billion in market value, after disappointing iPhone sales rekindled concerns over whether the company…
Citigroup Inc’s consumer bank has been ordered to pay $700 million in relief to borrowers for illegal credit card practices, the…
The rout in commodities deepened with prices touching the lowest since 2002 as the prospect of higher U.S. interest rates sent…
Crude slumped below $50 a barrel in New York for the first time in more than three months on speculation that…
|By TAP Staff| The Saudi stock market, the largest market in the GCC with a total market capitalisation of approximately$550 billion,…
|By TAP Staff| The UAE is taking the world’s most popular landmarks and attractions in Vegas, Orlando, London, Paris, New York and Ibiza to the next…
|By TAP Staff| The end of sanctions could bring a rapid economic boom Iran, which had its oil exports halved by…
|By K Raveendran| The Dubai property market, which has of late shown strong signs of weakening, may get support from a…
Prices for German luxury cars in China are tumbling as the country’s stock market sell-off and worries about broader economic growth…
Oil prices may fall further as the world remains “massively oversupplied,” before markets tighten in 2016 when output growth outside OPEC…
Dubai has overtaken other financial centres in listing Islamic bonds on its exchanges, and is mounting a global drive to attract…
|By TAP Staff| Claims worth AED 2.27 billion have been filed with the DIFC’s Court of First Instance from January to…
U.S. crude tumbled about 2 percent on Tuesday, sinking for a second straight day as investors fled to safe havens on…
|By TAP Staff| Over 30 local and regional airports have joined a growing coalition that is calling on the U.S. government…
Oil prices tumbled their most in three months on Monday, with U.S. crude falling 6 percent, after Greece’s rejection of debt…
|TAP Staff| Iran’s oil biggest shipping company has amassed the world’s largest fleet of super tankers and is in talks to…
|TAP Special| Alwaleed Bin Talal Bin Abdulaziz Alsaud, Chairman of the Board of Trustees of the Alwaleed Philanthropies, announced his intention…
|By TAP Staff| Dubai announced plans to build the world’s first fully functional 3D printed building, an ambitious move that will…
|TAP Special|Emirates has released a point-by-point rebuttal of subsidy allegations, asserting that the US legacy carriers got the facts wrong, got…
Dubai real estate developer Limitless has taken a step closer to securing a second restructuring on debt outstanding from Dubai’s property…
|TAP Special| Singapore’s importance as an oil trade centre has received further boost with Platts adopting e a new system from…
Few events will be as significant for the world in the next 15 years as China opening its capital borders, a…
Gold edged higher on Friday, recovering from its lowest in more than two weeks as Greece failed to reach an agreement…
|By TAP Staff| Globalization of Chinese currency RMB is consistently gaining ground. Recent SWIFT data shows that the growth in RMB…
|By TAP Staff| The UAE Federal government has lifted the restriction on foreign ownership of Etisalat shares, opening up the largest…
|By K Raveendran| The trigger for Dubai’s property crash of 2009 had come in the form of a Standard & Poor’s…
|By K Raveendran| There is much hype about the opening up of the Saudi stock market, but any detached view is…