Gulf single currency ‘inevitable’, says Oman cenbank chief Hamood Sangour al-Zadjali is quoted as saying that the move is only a matter of time The creation of a single ... Read More
After successful auction bid of 18 times reserve price, Arif Ahmed al-Zarouni says: ‘My ambition is always to be number one’ A car registration plate bearing just the number ... Read More
United Arab Emirates’ flag carrier Etihad has introduced the world’s most expensive airline ticket costing more than $80,000. Passengers travelling from London to Melbourne and back can now travel ... Read More
India’s got an oil problem. The country’s lightning-fast growth rate is fueling increased demand for crude. Yet India doesn’t pump much oil at home, forcing it to rely on ... Read More
The United Arab Emirates is open to meeting any demand for oil from India, the Gulf OPEC member’s economy minister Sultan bin Saeed al-Mansouri told Reuters on Monday. Mansouri ... Read More
Most Gulf stock markets edged up early on Wednesday as Brent oil climbed back above $50 per barrel and shares in DAMAC soared after the Dubai developer reported a ... Read More
Other Arab countries—including Qatar, Kuwait and the United Arab Emirates—are likely to be among the major beneficiaries When Saudi Arabia opens up its stock market to foreign investors Monday, ... Read More
Abu Dhabi Islamic Bank said yesterday, it planned to boost its capital base to help support future growth, after setting aside less cash for bad loans helped it post ... Read More
Banque Internationale à Luxembourg (BIL), the oldest bank in Luxembourg, announced on October 27, 2014, that it has opened its first United Arab Emirates (UAE) branch in the Dubai ... Read More
Bourses in the United Arab Emirates and Qatar rose in early trade on Sunday on the back of a supportive global background and positive domestic news flow. US stocks ... Read More
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