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Dubai's budget for 2018 includes over Dh5 billion ($1.3 billion) dedicated to Expo 2020 projects alone. (File photo)
December 11, 2017 - 14:53 GMT
Dubai's budget for 2018 includes over Dh5 billion ($1.3 billion) dedicated to Expo 2020 projects alone.
On Sunday, 24-karat gold in the UAE was trading at Dh151.25 per gram, the cheapest since July. (File photo)
December 10, 2017 - 21:32 GMT
On Sunday, 24-karat gold in the UAE was trading at Dh151.25 per gram, the cheapest since July.
Trading of the first U.S. bitcoin futures is set to begin at 18:00 ET on Sunday. (File photo)
December 10, 2017 - 20:44 GMT
Trading of the first U.S. bitcoin futures is set to begin at 18:00 ET on Sunday.
Russia will provide Egypt with a $25 billion loan, equivalent to 85 percent of the construction cost of the new nuclear plant. (File photo)
December 10, 2017 - 20:28 GMT
Russia will provide Egypt with a $25 billion, 3 percent annual interest loan for the construction of the Dabaa plant.
December 10, 2017 - 20:14 GMT
Russia is seeking new buyers for its gas supplies, with Saudi Arabia a potential market for Moscow's newly-exploited Arctic gas.
Startups and SMEs represent more than 90 percent of the companies in Lebanon, according to a new study by Fransabank. (File photo)
December 06, 2017 - 15:19 GMT
A study has showed that nearly 90 percent of the local businesses in Lebanon belong to startup projects and small- to medium-size enterprises.
South Sudan still owes neighboring Sudan $1.3 billion of the amount agreed upon in the 2012 oil deal. (AFP)
December 06, 2017 - 15:11 GMT
South Sudan still owes neighboring Sudan up to $1.3 billion in oil debt as part of a 2012 deal the two countries inked to end their disputes over oil.
Billionaire and businessman Prince Alwaleed bin Talal was among those who were detained in a sweeping anti-corruption purge of the Saudi elite. (AFP/ File)
December 06, 2017 - 15:04 GMT
Many of those detained in a sweeping anti-corruption purge of the Saudi elite struck monetary settlements in exchange for their freedom, the Saudi attorney general said.
Emirates REIT has successfully closed a $400 million five-year Sukuk with a profit rate of 5.12 percent per annum. (Emirates REIT)
December 06, 2017 - 14:49 GMT
Emirates REIT has successfully closed a $400 million five-year Sukuk with a profit rate of 5.12 percent per annum.
The UAE is the second-largest recipient country of foreign direct investment (FDI) in the Middle East, and the 11th largest in Asia. (File photo)
December 06, 2017 - 14:42 GMT
The UAE is the second-largest recipient country of foreign direct investment (FDI) in the Middle East, and the 11th largest in Asia.
December 05, 2017 - 14:40 GMT
Khalid Al Falih, the Saudi Minister of Energy, and the U.S. Secretary of Energy Rick Perry on Tuesday signed a Memorandum of Understanding (MoU) to establish a framework for cooperation in clean energy.
Turkey's inflation rose exponentially during 2017, from 9 percent in January to almost 13 percent in November. (AFP/ File)
December 05, 2017 - 14:22 GMT
Turkey's inflation rose exponentially during 2017.
Middle East airlines will see net profits doubling to $600 million in 2018, up from the $300 million they made in 2017, according to IATA. (File photo)
December 05, 2017 - 14:00 GMT
The global airlines industry will return to record profit in 2018 on the back of strong travel demand and recovering world economies, according to IATA.
Travel agencies in Saudi Arabia can now issue visas for tourism. (AFP/ File)
December 05, 2017 - 13:50 GMT
Travel agencies in Saudi Arabia can now issue visas for tourism.
December 04, 2017 - 14:30 GMT
UAE envoy says the project is a ‘thank you’ for Jordan.
Shops found to be employing foreigners will face a fine of SR20,000 ($5,324) for each expat worker. (File photo)
December 04, 2017 - 14:12 GMT
Shops found to be employing foreigners will face a fine of SR20,000 ($5,324) for each expat worker.