Gulf stocks set to cheer oil rally

Stock markets in the UAE and other Gulf countries are expected to open in positive mood in the wake of rising oil prices..... Read more »

Posted on : 4/11/2016

Dubai to post strongest global retail sales surge

Over the next five years Dubai is forecast to report the strongest growth in retail sales among the seven global cities examined by a study..... Read more »

Posted on : 4/9/2016

Tesla's Model 3 gets over 325,000 orders

Electric car maker Tesla said on Thursday it had received more than 325,000 orders for its new Model 3 sedan in the first week of bookings..... Read more »

Posted on : 4/9/2016

Dubai retailing market hits $35 billion

Dubai’s retailing market size is estimated to have reached $35.4 billion, witnessing sustained annual growth rates of 3.5 per cent to 7.5 per cent since 2010, according to a report..... Read more »

Posted on : 4/7/2016

Dubai to host international delegates for MENA Transport Congress

Dubai is to host a Middle East North Africa transport exhibition this month, organized by the emirate’s Roads and Transport Authority, it was announced on Wednesday..... Read more »

Posted on : 4/7/2016

Dubai luxury home sales outperform market

The prime residential market in Dubai beat the overall residential market by nearly doubling the volume of sales from Q4 in 2015. This quarter, the prime residential market completed Dh3.2 billion in sales compared to Dh1.6 billion in Q4 2015..... Read more »

Posted on : 4/6/2016

Nasdaq Dubai welcomes new sukuk listings

Nasdaq Dubai has welcomed the listing of two sukuk issued by the government of Indonesia with a total value of $2.5 billion..... Read more »

Posted on : 4/6/2016

Saudi Arabia plans $2 trillion fund for post-oil future

Riyadh: Saudi Arabia is getting ready for the twilight of the oil age by creating the world’s largest sovereign wealth fund for the kingdom’s most prized assets..... Read more »

Posted on : 4/2/2016

UAE's Al Adil opens 31st GCC outlet

Dr Dhananjay (Jay) Datar, chairman and managing director Al Adil Trading Co, UAE's leading name for Indian food stuff, reinforced his expansion commitment by opening their 31st outlet in the GCC..... Read more »

Posted on : 4/2/2016

Dubai approves new airport fee for improvements

DUBAI, United Arab Emirates – Travellers flying out of Dubai’s airports will pay a new fee to cover improvements at the long-haul hub, the city-state’s crown prince announced Wednesday, as Gulf countries grapple with low oil prices..... Read more »

Posted on : 4/1/2016