Leading stories of the day
An international meeting in Paris next month may trigger billions of dollars of fresh investment in Dubai – and, if plans are not handled carefully, contribute to the kind of boom-and-bust cycle which nearly…
Asian stocks marked time on Wednesday with nervous investors praying that frantic talks in Washington to avert a U.S. debt default could lead…
Asian shares rose to their highest in nearly five months on Tuesday on heightened hopes for a deal in Washington to…
Yields for real estate in Dubai have compressed and investors are now open of acquiring assets at yields closer to emerging…
Asian shares, oil prices and the dollar came under pressure on Monday as politicians in Washington showed no signs of making…
President Barack Obama said he expects Congress will reach an agreement to raise the nation’s $16.7 borrowing limit in time to…
A shareholder of BlackBerry Ltd sued the company and its executives on Friday, accusing them of inflating the stock price by…
Investors who behave conventionally are likely to get burned if the political standoff over the federal budget and the debt ceiling…
Residential prices in Dubai have risen significantly as confidence has returned to the Dubai real estate sector. This trend is highlighted…
President Barack Obama on Wednesday scaled down a long-planned trip to Asia, as a U.S. government shutdown entered a second day…
The dollar held near a 7-1/2 month low against a basket of currencies on Tuesday as much of the U.S. government…
U.S. stock futures and the dollar came under pressure on Monday as a shutdown of the U.S. government seemed ever more…
The House of Representatives early on Sunday brought the federal government closer to a shutdown as it voted to delay President…
A U.S. government shutdown means President Barack Obama will have fewer people to cook meals, do the laundry, clean the floors…
The United Arab Emirates, the second-biggest Arab economy, is considering a tax on remittances, according to three bankers with knowledge of…
Concern over budget and debt negotiations in Washington weakened the dollar on Friday and kept a lid on gains in world…
Dubai’s government is working on new rules to protect its real estate market and prevent any excessive rise of property prices…
U.S. and British authorities are hours away from fining ICAP, the world’s biggest interdealer-broker, and charging current and former staff in…
Tamweel Aviation Finance (TAF), a new and integrated financing platform offering turnkey alternative financing solutions to airlines and aircraft leasing companies,…
Hedge funds cut bullish gold bets, reducing long contracts to the lowest since June, before prices rose the most in a…
Emaar Properties said yesterday that investors will this week be able to buy homes in the latest phase of Arabian Ranches,…
German automaker Bayerische Motoren Werke AG is recalling 140,000 5 Series sedans in North America to address potentially faulty rear lights.…
Asian shares ran out of steam on Friday as investors pondered what policy the U.S. Federal Reserve will pursue after it…
The U.S. Federal Reserve defied investor expectations on Wednesday by postponing the start of the wind down of its massive monetary…
Asian stocks rose, with the regional benchmark index trading near a four-month high, before the Federal Reserve decides later today whether…
The United Arab Emirates central bank is expected to announce within one or two months rules restricting the amount of exposure…
Singapore regulators have stepped up their scrutiny of some local branches of Indian banks on concerns about asset quality, three bank…
Fitch Ratings says that the Dubai prime property sector is set up for a strong 2014 following a vibrant 2013. Notwithstanding…