(Bloomberg Opinion) –The economy has battled a lot of headwinds during the past year. Trade wars. The lagging impact of the Federal Reserve’s interest-rate hikes. A...
(Bloomberg) — The U.S.’s historic economic expansion has so enriched one-percenters they now hold almost as much wealth as the middle- and upper-middle classes combined. The...
(Bloomberg) –Stocks in Kuwait and Saudi Arabia rose the most in the Gulf as investors reacted positively to a review by index compiler MSCI Inc. late...
The overall assets of commercial banks in the United Arab Emirates swelled to AED 2.457 trillion by the end of September 2019, revealed statistics by the...
(Bloomberg) –Travis Kalanick’s secretive new food startup took $400 million of funding from Saudi Arabia’s Public Investment Fund, the Wall Street Journal reported, citing people familiar...
Indian businesses added 854,234 jobs to the labour market in the competitive business environment of Dubai, shows a recent Dubai Economy report. “Underlining the strong interest of...
(Bloomberg) –Oil-rich Abu Dhabi plans next year to start a commodities exchange to offer trading in the emirate’s first crude futures contract. The platform will be...
(Bloomberg) –Saudi Aramco will allow investors to start bidding for shares in the world’s most-profitable company from Nov. 17. It left potential buyers in the dark...
(Bloomberg) –Sheikh Ahmed bin Saeed Al Maktoum, who steered Dubai through one of its worst crises 10 years ago, now has another hat to wear. Dubai’s...
Over the next five years, the Industrial Innovation Centre would be combining its expertise with that of the Public Authority for Mining in a joint project:...