(Bloomberg) — The airline industry expects the first annual decline in global passenger demand in 11 years, after tallying up the initial impact of the thousands of...
The UAE’s Central bank has said that it was closely monitoring the financial sector after banks in the country cut jobs by letting go of hundreds...
(Bloomberg) — Bavaguthu Raghuram Shetty was once a typical billionaire with a taste for the high-life. He splurged on a private jet, vintage cars and two entire...
The Ministry of Oil and Gas signed on Wednesday a new Exploration and Production Sharing Agreement (EPSA) with a joint-venturing consortium of Total E&P and PTTEP...
The UAE has higher rental returns than some of the most popular locations for property investment in the world, a new report has revealed today. Dubai...
Nawah Energy Company has begun loading the first nuclear fuel assemblies at Unit 1 of Barakah Nuclear Energy Plant, according to WAM. This initial step follows the...
(Bloomberg) — The maker of a $3.4 million supercar that can hit speeds of almost 250 miles per hour has sensed the time is right to target...
Dubai’s largest bank is selling ‘kangaroo’ bonds with a 10-year maturity, according to media sources. Emirates NBD has hired ANZ, Emirates NBD Capital, Mizuho and Nomura...
The Region’s first nuclear power plant is set to begin operations soon, with UAE’s nuclear regulatory authority granting the operating license for Unit 1 of the...
One of the world’s largest port operators is set to delist and return to full state ownership in a deal valuing the company at US$13.9 billion. Port...
