(Bloomberg) –The Japanese telecommunications business of billionaire Masayoshi Son’s conglomerate is planning to sell its first bond since listing, in a test of investor sentiment after...
(Bloomberg) –Wealthy people around the globe are hunkering down for a potentially turbulent 2020, according to UBS Global Wealth Management. A majority of rich investors expect...
Business growth in Dubai’s non-oil private sector has strengthened in October helped by new order growth, recent figures released by IHS Markit Dubai Purchasing Managers’ index revealed....
Musandam Power Company (MPC) says the first phase of its IPO receives strong response with an oversubscription of 5.6 times of offer shares. The phase two of...
Soon, passengers will no longer be able to hail taxi services via RTA call center. The Roads & Transport Authority (RTA) has migrated their entire taxi...
Free zones and special economic zones (SEZ) have emerged as strong pillars in a country’s economic performance. From attracting foreign investment to creating employment and implementing...
The annual consumer spending in Islamic economy sectors touched US$2.2 trillion in 2018, reflecting a 5.2 per cent year-on-year growth, said the Dubai Islamic Economy Development...
(Bloomberg) –Travis Kalanick sold about 20% of his stake in Uber Technologies Inc. last week. Kalanick, 43, a director at the ride-hailing company, sold 20.3 million...
(Bloomberg) –Oil fell as equity markets faltered on concern chances of a U.S.-China trade settlement are slipping away. Futures in New York fell 0.7% on Monday....
(Bloomberg) –Dubai is deflating its economy to squeeze out growth. The emirate’s selling prices dropped last month at the fastest pace since February 2016, according to...