Leading stories of the day
Middle East fund managers have become more cautious about stock markets in the United Arab Emirates because of concern that Dubai may be overheating, a monthly Reuters survey shows. The survey of 15 leading…
Dubai’s main airport attracted 2 million more passengers than London Heathrow in the first quarter, with only work on the Gulf…
A sense of euphoria can be felt as you walk onto the Dubai Financial Market’s (DFM) trading floor. Excited investors sit…
|By TAP Staff| A change of rule by the UAE stock market regulator will now allow smaller firms to tap Islamic…
Investors are switching their attention back to developing countries’ debt after flirting with U.S. and European junk bonds during a year…
The first initial public offer of shares on Dubai’s main stock market for five years was 36 times subscribed, a sign…
| By K Raveendran| A number of banks have failed to complete the process of providing credit data of their customers…
Emaar Properties, Dubai’s largest listed real estate developer, predicted on Wednesday that its profits would more than quadruple by 2018 as…
Dubai tapped capital markets for the first time in more than a year with the sale of $750 million of 15-year…
| By K Raveendran| There has been a considerable media buzz over the recent Saudi announcement that work to build the…
Hedge funds lowered bullish bets on gold for a fourth week, the longest streak this year. The net-long position contracted to…
|By TAP Staff| With mixed availability of commercial space across the Abu Dhabi market, potential occupiers remain focussed on prime Grade…
Saudi Arabia’s main share index rose the most in a month to reach a fresh six-year high on Sunday as investors…
Dubai needs to regulate its off plan property market and monitor the rising levels of cash transactions to ensure sustainable growth…
Office stock in Dubai continues to see significant growth with over 1.8 million square metre set to be delivered by the…
Dubai — long champion of all things biggest, longest and most expensive — will soon have some competition from neighboring Saudi…
Mubadala, the Abu Dhabi state-owned investment fund with a mandate to develop the emirate’s economy, said on Thursday its 2013 net…
Last month, Dubai’s inflation rate has jumped to its highest since 2009 driven by inflated property and food prices. According to…
Hong Kong’s government plans to issue as much as US$1 billion worth of Islamic bonds later this year, a spokesperson for…
An island in the Venice lagoon, a 15th century bastion against the Ottoman Turks and a former monastery on the southern…
Real estate transactions in Dubai continued to grow apace in the first quarter of the year, according to data from the…
Dubai’s benchmark stock index fell the most in a month, tracking a decline in global markets last week, on investor concern…
|By TAP Staff| FDI investment in the UAE reached US$ 12 billion in 2013 and is projected to grow 20 percent…
|By TAP Staff| New studies are intensifying medical concerns about malignant brain tumors from cell phone use. According to the BioInitiative…
For decades the Cleveland Clinic has provided healthcare to the upper echelons of Middle Eastern society who fly halfway across the…
The Nasdaq suffered its biggest drop in two-and-a-half years on Thursday after another sharp selloff in biotech and momentum names, including…
Bank of America agreed to pay nearly $800 million in fines and restitution to settle allegations of deceptive marketing and unfair…
The central bank of the United Arab Emirates will introduce on April 15 a mechanism allowing the country’s banks to borrow…