Middle East Business News

UK Business Growth Gauge Rises To Two-year High — CBI

Growth was far above the long-run average across most sectors other than retail, the CBI said Read more

Geely Chairman Not Planning More Automotive Deals — Bild Am Sonntag

Li has led a major acquisition push globally since 2010, when he took over Swedish car brand Volvo from Ford Motor Co in... Read more

Axa Is Said To Be In Advanced Talks To Buy Insurer XL Group

XL shares have advanced 23% this year in New York, giving the Hamilton, Bermuda-based company a market value of about $1... Read more

Semiconductors, Tech Stocks May Be At Risk If Trade War Broadens

Those warnings are now sounding more ominous to investors concerned about a trade war between the world’s two biggest ... Read more

US Drillers Add Oil Rigs For 6th Consecutive Week

Drillers added 1 oil rig in the week to March 2, bringing the total count to 800, the highest level since April 2015 Read more

Quebec Throws Cold Water On Bitcoin Miners Seeking Cheap Power

Earlier this week, Hydro-Quebec warned that there won’t be cheap power Read more

EU Aims To Tax Internet Giants At Two To Six Per Cent: France

The European Commission has said it will present by end March an overhaul of its tax rules Read more

Bitcoin Has Entered The Awkward Adolescence Stage

Derivatives give us greater visibility into Bitcoin price moves Read more

GFH Joins As A Founding Partner In Bahrains Fintech Hub

The partnership reflects GFH’s strategy to strengthen the integration of Fintech in the region and to support the deve... Read more

Enoc Awards Contract For New Fuel Pipeline

Pipeline to link Enoc terminals with Al Maktoum International Airport Read more

Jumeirah To Operate Al Wathba Desert Resort

Partners with the Abu Dhabi United Hospitality to develop the luxury destination Read more

Trump Threatens To Tax European Auto Imports

German automakers Volkswagen AG, Daimler AG and BMW AG build vehicles at plants in the United States Read more

For Two Dollar Bears, The Only Question Is How To Play The Slide

The funds take a dim view of the greenback’s prospects in the coming years, even as its first monthly gain since Octob... Read more

Dana Gas Gets $10.4m From Sale Of Condensate

The sale marks the fourth cargo of Egyptian condensate since the start of 2017 Read more

Al Hilal Global Sukuk Fund Delivers 3.93% Dividend

The positive performance of the fund amid a low interest rate environment and global uncertainty reflects the fund manag... Read more