Leading stories of the day
|TAP Special|Travelex, which has been acquired by leading UAE businessman Dr. B. R. Shetty along with his partners associated with Centurion Investments, will continue to operate independently of UAE Exchange. The acquisition, to be…
Leeds’ former managing director David Haigh has been arrested in Dubai for alleged financial irregularities during his time at the club,…
|By TAP Staff| Dubai outscores all US cities in terms of its healthcare system, the latest Cities of Opportunities report has…
National Bank of Abu Dhabi plans to set up a regional financial base in India before the end of this year…
|TAP Special| Sharjah might soon have its own Metro, which could be linked to Etihad Rai, as part of a massive…
Dubai’s index makes its one-day decline in eight months on Monday and technical indicators suggest it will fall further, while most…
Analysts are predicting a pre-Ramadan correction on the Dubai Financial Market. They say this has happened twice before: in early 2006…
The Personal Rapid Transit (PRT) system, or the podcar, may soon become reality in Dubai. In Masdar City in Abu Dhabi,…
The fiscal and economic reforms taken by India’s new government in the next two to three months will have “significant implications”…
Oil rig maker Lamprell said on Friday it would raise about $120 million to boost its productivity after returning to profit…
Stock markets in Dubai, Abu Dhabi and Qatar will see relatively large one-off inflows of money at the end of May…
Equity index provider MSCI reclassified equities across a broad spectrum of markets on Wednesday as part of its semi-annual review, adding…
Etisalat has completed its purchase of a 53 percent stake in Maroc Telecom from Paris-listed Vivendi for 4.14 billion euros ($5.67…
|By TAP Staff| The reappearance of cranes on the Dubai skyline is encouraging analysts to predict that the emirate is soon…
The Securities and Exchange Board of India (SEBI) is keeping a close watch on markets after shares rallied to record highs…
|By TAP Staff|The ability of mortgaged buyers of Dubai properties to step on to the housing ladder is set to be…
Dubai International Capital, the private equity arm of Dubai Holding, today announced that it has signed an agreement for the sale…
With Alibaba Group Holding Ltd. filing to go public, the biggest winner won’t be founder Jack Ma or his fellow executives…
Dubai-based hotel operator Jumeirah Group will invest 8 billion dirhams ($2.19 billion) to expand projects in 11 countries over the next…
Dubai’s bourse has outpaced other Gulf markets by a wide margin in terms of companies’ first-quarter profit growth, data show, supporting…
|By TAP Staff|The UAE central bank is considering the establishment of a Shariah Governing Unit to oversee Islamic finance on the…
Dubai may need stronger measures to counter property speculation in the emirate, a senior International Monetary Fund official said on Tuesday…
|By TAP Staff|A new Standard & Poor’s report has picked holes in UAE’s banking regulations and the legal infrastructure, citing these…
Banking and finance professionals in the Middle East plan to seek new jobs this year after bonuses failed to meet expectations,…
|By Nicole Blackmore| Is Dubai the new Spain? Britons are abandoning their place in the Spanish sun for countries with better…
The United Arab Emirates will have its own stand-alone exchange-traded funds with this week’s launch of the iShares MSCI UAE Capped…
The first U.S. case of Middle East Respiratory Virus (MERS), a viral respiratory illness, has been confirmed within U.S. borders, the…
All markets in the Gulf edged up on Thursday, led by Saudi Arabia which rose to a six-year high on the…