(Bloomberg) — Sentiment soured further in the United Arab Emirates as a gauge of business conditions in the second-largest Gulf economy slumped to an eight-year low....
(Bloomberg) — Property developer Sobha LLC is planning an initial public offering of its United Arab Emirates business in 2022 even as a slump in prices weighs on developers...
Emaar Properties reported one of the highest half-year sales in Dubai at AED 9.443 billion during the first six months of 2019. This is 52 per...
(Bloomberg) — Walk into the latest expansion of Dubai’s financial district and you’ll see a handful of small art galleries, some upscale men’s tailors and plenty of...
(Bloomberg) — U.S. equities rallied late to close at a record high, while Treasuries retreated after the latest American inflation reading came in hotter than anticipated. The dollar dropped...
(Bloomberg) — Banks in the United Arab Emirates may go through a second wave of consolidation as lenders seek to improve profitability and tackle inefficiencies, according...
(Bloomberg) — Dubai’s main port and biggest free zone authority plans to return 1.3 billion dirhams ($354 million) in cash and bank guarantees to its clients...
(Bloomberg) — Investors in Dubai’s equities might be feeling whiplash after the main index went from the day’s worst performer worldwide to the biggest gainer in...
(Bloomberg) — Dubai is looking to retail and tourism to break free of its weakest economic expansion in almost a decade. Growth in the city’s gross domestic...
In Dubai, the focus is often too much on the economy of tomorrow rather than that of the recent past. Even as it constructs the Museum...
