DUBAI: Iran is preparing a politically risky increase in domestic fuel prices, trying to ease the burden of multibillion-dollar subsidies on an economy...
DUBAI: Wealthy Gulf states are likely to see their oil and gas revenues drop next year but heavy government spending and increasingly energetic private...
DUBAI: Active trading by retail investors boosted Gulf stock markets Monday while Egypt rose after a court banned the Muslim Brotherhood from carrying out...
DUBAI: Gulf stock markets stabilized by the close Wednesday after plunging in early trade on the prospect of an escalation of Syria’s civil war, as the U.S....
DUBAI: A consortium of central banks from Asia, the Middle East and Africa has taken a first step toward developing a cross-border market in Islamic financial...
DUBAI: Lebanese politics are descending into sectarian conflict and its economy is starved of investment. But its sovereign bonds are steady, foreign reserves...
CAIRO: Egypt is in the early stages of an export boom, suggesting its economy could begin to recover in the next few months if a minimum level of political...
CAIRO: Egypt’s revolutions have been kind to Ahmad al-Kerdany. The young entrepreneur has raised millions of dollars of funding and kept his business growing...
CAIRO: Egypt's revolutions have been kind to Ahmed El-Kerdany. The young entrepreneur has raised millions of dollars of funding and kept his business...
CAIRO: Economic ministers in Egypt’s new military-backed government are pledging to ease shortages and make it easier for factories to operate, while...
CAIRO: Egypt’s new military-backed government faces intense pressure to repair the state’s chaotic finances but is likely instead to spend...
DUBAI: Corruption has worsened in most Arab countries since their 2011 revolutions, even though anger with corrupt officials was a major reason for the...
CAIRO/DUBAI: The ouster of president Mohammad Mursi may give Egypt’s economy its best chance since the 2011 revolution to escape a downward spiral of...
DUBAI: Financial markets in the Gulf are comfortably outperforming most of the world during the latest wave of global turmoil – a sign, company executives...
DUBAI: Four kilometers off the coast of Dubai, more than 200 tiny, man-made islands bake under the sun. Built five years ago, they were to be one of the...
DUBAI: Hossein Ahmad, an Iranian who runs a jewellery shop in wealthy Dubai, marvels at the spending power he sees on show during his monthly trips to Tehran,...
DUBAI: Small carrier Bahrain Air said on Tuesday it was shutting down, blaming political unrest in the island kingdom and the government's refusal to pay...
DUBAI: Oman's government will limit the number of foreign workers and sharply raise the minimum wage for locals in a drive to increase employment of Omani...
DUBAI: Dubai aims to become a top global centre for Islamic bonds by introducing more detailed standards that ensure issuance and trading obey not only the...
DUBAI: The United Arab Emirates central bank has confirmed it will not impose limits on mortgage loans without consulting commercial banks, after an attempt...
DUBAI: Sharjah-based United Arab Bank has secured a club loan worth $125 million for general corporate purposes, a company statement said on Wednesday. The...
DUBAI: Qatar raised its forecast for economic growth next year and said that while prices would rise considerably as huge infrastructure-building plans gained...
DUBAI: A battle of wills between Iran's government and foreign exchange traders may end with authorities taking over all legal trade in the rial, leaving...
DUBAI: When Dubai-based property developer Range Hospitality decided to build a $175 million hotel and residential complex in Iraq's holy city of Karbala,...
DUBAI: At the Aujan Industries beverage plant in an industrial suburb of Dubai, workers survey an empty room where new machinery will be installed. When it is...