Middle East Business News

Dar Al-Arkan Lists $500 Million Sukuk On Nasdaq Dubai

Listing supports Dar Al-Arkan’s financing strategy to access the capital markets Read more

Automakers Hope To Avoid Market Disruption In The Latest Trump Vs California Fight

Officials in California, whose standards have been adopted by a dozen other states, vow to challenge any rollback by EPA... Read more

20 Years After Viagra, Pfizer Seeks Another Miracle Drug

Pfizer forecasts it will spend $7.4 to $7.9 billion this year on R&D Read more

Justice Department Asks Court To Drop Microsoft Email Case

US Solicitor General urges the Supreme Court to set aside a federal appeals court decision in Microsoft’s favour Read more

Coal Generator That Trump Tried To Save Files For Bankruptcy

The company had already announced plans to shut three nuclear plants in the PJM region and has closed several coal-fired... Read more

Investment Banks Promise Reform After Admitting Big Gender Pay Gaps

Wide pay gaps caused by having fewer women in senior roles Read more

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