Middle East Business News

UAEs Non-oil Private Sector Growth Eases In March

PMI falls to 54.8 in March, from 55.1 in February Read more

Russia Plans To Create Health Care, Food Industrial Clusters In UAE

Agreement to help strengthen strong trade and investment ties between the two countries Read more

Amazon Stock Falls After Trumps Scathing Remarks

Trump has been unrelenting in his criticism of Amazon in the past several days, on subjects from the Postal Service to t... Read more

UAE Opposed To Protectionism, Top Official Says

UAE Ministry of Economy reaffirms commitment to liberalisation, attracting FDI Read more

Bahrains Huge Find Could Hold Up To 600m Recoverable Barrels

Investment and technical capabilities could pose a challenge, analyst says Read more

Zuckerberg Tells Vox It Will Take A Few Years To Fix Facebook

The company started investing more in security at least a year ago, Zuckerberg says Read more

Trade Worries Send US Equities Lower; Gold Up

The Dow Jones Industrial Average was 0.45 per cent lower to 23,994.08 Read more

First Abu Dhabi Bank Completes One Year Of Operations

Bank was created through merger of National Bank of Abu Dhabi and First Gulf Bank Read more

Dip In Demand Expected For Fujairah Hotels

Revenue jump forecast for hotels in Riyadh, Kuwait Read more

Tabarak Given More Time To Close UAB Stake Buy, Sources Say

One source said the delay was due to a cross-border bank guarantee Tabarak needed from an international lender Read more

DED Launches Commercial Compliance Initiative

The move is intended to to support business owners Read more

RAK Government Launches Petroleum Licensing Round

The Licensing Round is being supported by RAK’s national oil company, RAK Gas Read more

Elon Musk Makes Light Of Teslas Woes In April 1 Twitter Prank

Carmaker has lost about a quarter of its share value since the end of February due to production woes, heavy debt and an... Read more

Alibaba Buys Delivery Start-up Ele.me In $9.5b Deal

Alibaba is said to have paid all cash in the deal and has acquired all the shares formerly held by Baidu Inc Read more

Nakheel To Build Dh75m Community Mall In Sharjah

Through an alliance with Shurooq, Dubai’s master developer is expanding its turf Read more