May 6, 2016

Emerging markets guru Mark Mobius says oil prices to rebound to $60 by end of year

The emerging markets investment pioneer Mark Mobius expects oil prices to rebound to US$60 per barrel by the end of the year as the supply of […]
March 14, 2016

Negative interest rates make for positive outlook on bullion

Since the Bank of Japan joined the European Central Bank and Sweden in adopting negative interest rates at the end of January, the realisation that the […]
March 14, 2016

Multi-currency prepaid travel card services in India

UAE Exchange, a leading global provider of remittance and foreign exchange services, is planning to launch multi-currency prepaid travel card services in India. Dubai-based UAE Exchange has launched a new […]
March 14, 2016

UK government launches link-up service connecting UAE and British companies

The UK government has launched a campaign to match up UAE companies with their British counterparts. According to the British Embassy in Dubai, about 80,000 British […]
March 14, 2016

Fourth consecutive weekly rise for Dubai, Abu Dhabi stocks

Stocks in Dubai and Abu Dhabi rounded off their fourth consecutive week in the green, even as both bourses went through sell-offs on Thursday. The Dubai […]
March 14, 2016

Dubai shares rise on hope that oil rise will sustain

Shares in Dubai rose to their highest level in more than four months yesterday, on suggestions that oil prices have bottomed out. The International Energy Agency said on […]
March 14, 2016

Half of UAE residents expect living standards to improve in next six months

Half of the UAE’s residents expect their living standards to improve over the next six months despite a slew of negative economic projections. A Bayt and […]
March 14, 2016

Emaar increases retail rent in shopping spaces including The Dubai Mall

One of Dubai’s biggest landlords of shopping space has increased rents for retailers already tackling a slowdown in economic activity in the emirate. Emaar Malls, 84 […]
March 7, 2016

VAT in GCC: Gulf states agree on key issues, says UAE official

Target for introduction is three years; will take 18 to 24 months to implement Gulf states have agreed on key issues for implementing value-added tax in […]