Leading stories of the day
Residential prices in Dubai have risen significantly as confidence has returned to the Dubai real estate sector. This trend is highlighted by recent reports suggesting prices may have increased more in Dubai (+22%) than…
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…
A week of gains for world stocks petered out on Wednesday and a sell-off in oil and core government debt eased,…
Internet security experts are calling for a campaign to rewrite Web security in the wake of disclosures that the U.S. National…
The United Arab Emirates said it’s drawing up safety and operational rules for its fledgling rail industry as the desert country…
Dubai’s growing population and improving economy are driving a rebound in the emirate’s housing market, rather than the type of speculation…
A surge in lending to investors by brokerages in the United Arab Emirates has helped make Dubai the world’s second-best performing…
The U.S. military has not renewed its contract to buy jet fuel from Emirates National Oil Company (ENOC) in the United…
It’s Dubai all the way, but for the shouting. From all available indications, the dice has turned in favour of Dubai…
MANILA: The Philippine economy posted robust expansion in the second quarter, matching the pace of China as the two fastest growing…
Emirates is breaking out of Dubai. In what will be a curious experiment for one of the world’s fastest-growing and most…
Jitters over a possible U.S.-led military strike against the Syrian government knocked Asian equities to a seven-week low on Wednesday and…