Leading stories of the day
China will launch its international gold exchange 11 days ahead of schedule, sources said on Tuesday, racing ahead in the scramble to set up an Asian bullion benchmark as rival Singapore is forced to…
|TAP Special| A lower oil price has now become both an economic and political necessity. This is in view of the…
|By TAP Staff| Emaar is eying significant investments by Chinese companies in its King Abdullah Economic City in Saudi Arabia. According…
|By TAP Staff| Asia is giving expression to its growing disenchantment with the prevailing West-centred gold pricing mechanism by setting in…
Stock index provider MSCI Inc is considering changing its rules to allow shares of Alibaba Group Holding and other companies that…
Banks with experience arranging Islamic bond sales may stand to benefit from the potential opening of Saudi Arabia’s debt market to…
By K Raveendran at CeBit Eurasia, Istanbul Deutsche Messe, organisers of CeBIT technology shows and global conferences, is keenly watching the…
|TAP Special| With the veil off Iphone 6, the buzz is now on what the tech giant will do to sustain…
Apple Inc. (AAPL)’s prospects seem a lot brighter than they were the last time Tim Cook introduced an iPhone. When Chief…
|By TAP Staff| A $32 billion project to make the Al Maktoum International airport at Dubai World Central as the world’s…
|By TAP Staff|President Obama is planning a speech Wednesday to outline a broader offensive against Islamic militants in the Middle East,…
|By TAP Staff| Emaar Properties will launch the initial public offer of its shopping malls and retailing unit on Sept. 14.…
Sharjah is offering investors an enticement that fellow emirate Dubai doesn’t as the sheikhdom gears up for its first Shariah-compliant bond…
Investors holding shares in Dubai’s Emaar Properties at the end of trading on Sept. 10 will qualify for priority allotment in…
Rents are either falling or holding steady in Dubai’s freehold communities, reveals the latest update of Real Estate Regulatory Agency’s (Rera)…
Meraas Holding, a state-owned property firm that is developing some of Dubai’s most ambitious real estate projects, is in talks with…
Five years after Dubai teetered on the brink of financial disaster, there are signs emerging that the emirate’s initial public offering…
Emaar Properties will launch its highly anticipated initial public offer of at least 15 percent of its shopping malls and retailing…
|By TAP Staff| King Abdullah bin Abdulaziz of Saudi Arabia warned that terrorists will target the West if the world does…
The Republic of South Africa will begin marketing its debut sukuk from September 8. The roadshow will begin in London, before…
Hong Kong’s government will hold investor meetings next week for its maiden Islamic bond issue, a spokeswoman for the Hong Kong…
First-time sellers of bonds that adhere to Islam’s ban on interest are poised to revive an industry suffering its worst quarter…
West Texas Intermediate traded near the lowest closing price in seven months after speculators cut bullish bets and as supply rises…
Occidental Petroleum Corp. (OXY) is in talks to sell a $3 billion stake in a gas field to Abu Dhabi-owned Mubadala…
|By TAP Staff| Dubai Healthcare Authority has joined hands with Emirates Holidays, Dubai Immigration, Department of Tourism and Commerce Marketing and…
The execution of U.S. journalist James Foley by someone with a British accent has sparked soul-searching in the U.K. as to…
Switzerland’s Bank Sarasin mis-sold $200 million of investment products to Kuwait’s prominent Khorafi family, a court at Dubai’s financial centre found…
If you wanted to make a quick buck in property, Dubai would have been the place to do it in the…