The International Monetary Fund sees Oman’s economy shrinking 10 per cent this year
Cash-strapped Oman plans to take a step unheard of in the Gulf region: It’s going to start taxing the income of wealthy individuals beginning in 2022, as...
The six-year bond with a 6 per cent interest rate was 2.1 times subscribed
The Commercial Bank of Dubai (CBD) listed a $600m AT1 conventional bond on Nasdaq Dubai recently.
The six-year bond with a 6 per cent interest rate was...
A new management team was brought into the fund in 2017 to transform the state-owned institution
Kuwait’s $124bn pension fund racked up a record profit in the first half, continuing a turnaround for an institution previously marred by a corruption...
Operator DXB Entertainments reported a 97 per cent year-on-year drop in revenues in Q3
DXB Entertainments, operator of Dubai Parks and Resorts, has confirmed that its Legoland hotel is on track to open in December this year.
The Dubai-listed company, which...
The 23-nation oil-producers network, led by Riyadh and Moscow, is currently scheduled to restore almost two million of the 7.7 million barrels of daily output currently halted to stave off a glut
OPEC+ talks on delaying a January oil-output increase...
New orders received by them dropped for first time since May
Dubai: There was a marked dip in the UAE's private sector activity during October - the second time it has happened in the last three months. In particular, new...
Oil has been whipsawed this year as millions went into lockdown and factories shuttered
Singapore: Oil pared gains and gold fell as early US election results shook traders' faith in a decisive outcome.
Oil in New York rose 1.2%, paring an...
State-of-the-art facilities and best practices provide better outcomes for patients
Finding a lump that shouldn’t be there or realising something is wrong with your body can be a frightening experience. However, it is important to remember that catching any sign...
Tata firm Tanishq plans to launch an exclusive 'UAE-inspired' design collection to woo Emirati customers
The $8.4 billion gems and gold jewellery market in the UAE, already bursting with Indian retail chains, is about to see the entry of Tanishq,...
The kingdom's Purchasing Managers' Index climbed to 51 in October, boosted by a rise in output
Saudi Arabia's non-oil private sector economy expanded for a second straight month in October, its highest reading in eight months, boosted by a rise...
