(Bloomberg Opinion) — In 1953, mountaineers Tenzing Norgay and Edmund Hillary made the first confirmed summiting of Mount Everest, the world’s highest peak. Recently, Everest has grown...
(Bloomberg) — Deflation is becoming entrenched in the United Arab Emirates’ capital, Abu Dhabi. Consumer prices in oil-rich Abu Dhabi declined for a second consecutive month, falling...
(Bloomberg Opinion) — Does Mukesh Ambani see dark clouds gathering on the horizon? From his message to shareholders, it doesn’t look like India’s richest tycoon is worried....
British Airway’s London Heathrow- New York JFK service is the only route which has managed to break the ‘billion-dollar barrier’, earning revenues of over $1.15bn last...
Dhofar Wind Farm has achieved a major milestone by producing its first kilowatt hour of electricity after the project’s first wind turbine was connected to the...
(Bloomberg) — Bank of Sharjah PJSC plans to issue dollar-denominated bonds later this year to help the United Arab Emirates lender repay existing debt, people with knowledge...
Most major Gulf markets traded in the positive today after returning from the Eid break, according to a Reuters report. Saudi Arabia and Oman markets are...
(Bloomberg) — Saudi Aramco’s senior executives can breathe a collective sigh of relief after the company’s first-ever earnings call with investors. The half-hour event was a pretty...
(Bloomberg) — Aldar Properties is considering expanding its development and asset management businesses into Saudi Arabia and Egypt. Aldar sees “interesting opportunities” in Saudi Arabia “with the...
(Bloomberg) — Arif Naqvi, the founder of defunct Dubai-based private equity firm Abraaj Group, was sentenced in absentia to three years in prison by a court in...
