Middle East Business News

Pick Up In Loan Growth Signals Better Profit Outlook For UAE Banks

Rising interest rates to support UAE banks’ interest margins Read more

Dollar, Shares Buffeted By Trade War Worries

Oil stalls at six-week high Read more

Foxconn Unit To Buy Belkin In Brand Push

FIT will pay $866m in cash for Belkin, a maker of Wi-Fi routers, mobile device chargers and keyboards Read more

No Spring In H&Ms Profits After Cold Snap

Net profits for the three months from January were down 44% to 1.37 billion Swedish crowns from 2.46 billion this time l... Read more

Xiaomi Unveils Marquee Device To Take On IPhone

Co-founder Lei Jun showed off the MIX 2S, which starts at $527, about half the iPhone X’s price tag Read more

US Seeks China Trade Moves On Autos, Financials, Chips -source

US wants China to cut autos tariffs, buy more chips while it seeks more access to latter’s financial services sector Read more

Akzo Nobel Sells Chemicals Business To Carlyle For 10.1b Euros

Carlyle commits to keep chemicals headquarters in Netherlands Read more

For Realty Investors, Heres Why Birmingham Trumps London

Would you live in a spacious one-bedroom apartment with parking in Birmingham city centre, or a parking space in central... Read more

Fast-tracking Transition In UAEs Health Care Sector

Ideally, there should be no geographical limits set on medical insurance coverage Read more

AT&T Rival Goes All Out Against Time Warner Deal

Dish Network chief says a deal would only bring about more pressure on the competition Read more

Conversations Are What Ad Communications Need To Be

The young have shifted their attention from traditional advertising approaches Read more

Nido Emerges As Surprise Pick In UAEs Most Intimate Brands

Powdered milk brand is there along with Emirates airline and tech and auto giants Read more

Novartis Sells Stake In Joint Venture To GSK For $13 Billion

The group said sale of 36.5% stake will enable it ‘to further focus on the development and growth of its core business... Read more

US FTC Opens Facebook Investigation

Consumer protection body to probe social media giant's privacy practices in wake of data scandal Read more

Twitter Bans Crytocurrency Ads On Fraud Fears

Social network follows Google and Facebook as value of bitcoin dips below $8,000 Read more