Leading stories of the day
|By K Raveendran| The agreement for the roll-over of $20 billion debt between Abu Dhabi and Dubai is expected to help Dubai refinance some of the other upcoming debt maturities with confidence, which depended…
Emirates, the world’s biggest airline by international passenger traffic, is seeking to raise about $2 billion from four loans to fund…
Billionaire investor George Soros said Europe faces 25 years of Japanese-style stagnation unless politicians pursue further integration of the currency bloc…
|By K Raveendran| Limitless, a major government related entity in the Dubai Inc, is understood to have approached lenders with a…
The private equity arm of Dubai Holding has asked buyout groups to submit binding bids for its German packaging group Mauser,…
|By TAP Staff| Being in Dubai helps businesses and investors to reap rich rewards, according to findings in a summary report…
|By TAP Staff| Dubai stock market is set to see the first initial public offering in five years when a new…
Emirates airline said its alliance with Australia’s Qantas was working and had helped the Gulf carrier to improve yields, after some…
|By TAP Staff| The Dubai Mall gets more foot traffic than the Eiffel Tower, Niagara Falls and Disney World combined. Attracting…
|By TAP Staff|The ruling family of Ras Al Khaimah is exploring a sale of its shares in RAK Ceramics, the global…
Investor sentiment toward Dubai is about the best it has been since before the Persian Gulf emirate skirted default amid the…
|By TAP Staff| The UAE Banks Federation proposes to soon issue a charter for customer rights, which will incorporate certain minimum…
Gold gained more than 1 percent on Monday on escalating geopolitical tensions as Ukraine mobilised for war after Russia bloodlessly seized…
Dubai is considering listing some of its largest and most valuable state-controlled companies such as the Emirates airline in a move…
Middle East fund managers remain bullish on most of the region’s major equity markets, but some are shifting money from the…
The London gold fix, the benchmark used by miners, jewelers and central banks to value the metal, may have been manipulated…
|TAP Special| Dubai should reorient its economic focus by shifting away from property and concentrate on advanced industries, a report by…
The Dubai Gold and Commodities Exchange plans to list four currency futures contracts this year to help investors hedge their financial…
The Dubai Gold and Commodities Exchange (DGCX) and Dalian Commodity Exchange (DCE) announced the simultaneous launch of their respective polypropylene futures…
Mt. Gox, once the world’s biggest bitcoin exchange, abruptly stopped trading on Tuesday and its chief executive said the business was…
Concerns from Indian carriers on the quantum of increase in bilateral seat entitlements requested by Dubai may result in the emirate…
Rating agency Fitch sees the spillover from the strengthening Dubai economy, among other factors, to keep Abu Dhabi growth at 4-5…
India’s Multi Commodity Exchange (MCX) is planning to sell its stakes in the Dubai Gold and Commodity Exchange (DGCX) to raise…
BlackRock Frontiers Investment Trust Plc (BRFI), a $297 million fund run by the world’s biggest asset manager, said it “substantially” reduced…
Technology will cause disruption and create opportunity at an accelerating pace, placing unprecedented pressure on ‘society’, China will move towards a half-way house of…
For years, Abu Dhabi’s real estate market has paled next to its more dynamic, glamorous rival in neighbouring Dubai. But that…
It is only a matter of time before the stock market plunges by 50% or more, according to several reputable experts.…
Abu Dhabi’s new financial free zone has hired a former executive from neighbouring Dubai’s financial centre to spearhead its growth. Jan…