Leading stories of the day
Asian shares tumbled and the yen reached for seven-week highs against the dollar and euro on Monday as emerging markets remained under pressure, with the U.S. Federal Reserve poised to continue tapering stimulus and…
Emaar Properties, Dubai’s top listed company by market value, quietly replaced its Group Chief Executive Low Ping late last year, appointing…
The impact of Saudi Arabia’s crackdown on illegal foreign workers is spreading through its economy, moving beyond the labour-intensive construction industry…
Gold will extend declines this year as gains in equity markets reduce the need for haven assets and increased regulation hurts…
The Reserve Bank of India should make managing inflation its main policy objective and set monetary policy by committee, a central…
Abu Dhabi will pay Exxon Mobil Corp. and Inpex Corp. more to pump oil at the largest field off the emirate’s…
Asian markets sprang higher on Tuesday as Japanese stocks rebounded and Chinese money rates eased, while the U.S. dollar got a…
Dubai’s office spaces are witnessing an “uptick in activity” in the wake of the city’s winning Expo 2020 bid, with growing…
President Barack Obama banned U.S. eavesdropping on the leaders of close friends and allies on Friday and began reining in the…
U.S. stocks rose on Wednesday, with the S&P 500 ending at an all-time closing high after strong earnings from Bank of…
|By Parag Deulgaonkar| A wider economic upturn and rapid population growth will lead to a shortage of residential units in Dubai,…
Abu Dhabi conglomerate Al Jaber Group has appointed a new chief financial officer (CFO) as it pushes to close a long-awaited…
By Abhinav Ramnarayan Debt capital markets bankers covering the Middle East say a bond issue by Dubai may be imminent as…
As the tidal wave of global central bank liquidity recedes in 2014, emerging market investors are growing more anxious about local…
The long-term future of fields that produce about half Abu Dhabi’s oil remains unclear with only one day of a 75-year…
Abu Dhabi will take full control of the UAE’ biggest oilfields when its decades-old venture with four western oil giants ends…
Dubai plans new rules to control speculation on properties sold before they’re built after home prices climbed by more than 30…
Asian shares fell to a near four-month low on Tuesday, though the dollar rebounded after overnight weakness on disappointing U.S. services…
The United Arab Emirates issued rules for the issuance and trading of covered bonds, potentially a major step towards developing its…
If the medicine tastes bad, it’s probably doing you good. Emerging economies might console themselves with that thought when they’re suffering…
India’s diversified equity mutual funds rose in 2013 but underperformed the broader markets for the first time in five years, as…
The rental increase calculator launched by the Real Estate Regulatory Agency (Rera) on the Dubai Land Department (DLD) website will be…
Calls for China to accelerate financial reforms grew louder on Monday after figures showed its indebted local governments owe nearly $3…
Gold fell for the first time in five days, heading for its biggest annual loss in three decades as investor holdings…
Luxury brands are stepping up the battle for travelling shoppers with more outlets at airports and on cruise ships, tapping into…
Dubai has emerged as one of the best performing stock markets globally in 2013, according to Global Equity International, a global…
Foreign portfolio investors in India would be subject to the same tax treatment as foreign institutional investors, the Securities and Exchange…
While it may be the most common given name in the world, the global banking system seemingly can’t cope with Mohammed…