Such a move would open the way for an international exchange operator such as Nasdaq OMX or Euronext to take a stake in the stock market.
The utility last week disclosed it was in talks with an unnamed Gulf investor, raising hopes that it could receive fresh funds and emerge from a crisis.
At times like these, the countries should draw from lessons learnt during hard times.
Putting aside the Swiss Franc surge and war in Eastern Europe, Nayla Hayek is forging Swatch into a company of the future.
Iran has been maximizing its strength across the Middle East as it spearheads the fight against Sunni muslim militants in Iraq and Syria.
Tough competition in Dubai’s retail market will push retailers to work even harder, says the director of International and wholesale at Dune London.
Islamic equivalents to conventional financial instruments have been developing even in relatively obscure areas such as short-term interbank lending, trade financing and swaps.
The conflict could pose a domestic security challenge for Saudi Arabia, and deny Dubai and Oman the economic benefits of rapprochement with Iran.
Authorities said the CEO’s departure would not affect the Midfield Terminal expansion.
The company plans to achieve its 2018 profit target through earnings growth “across our core companies, particularly those in the financial services and media sectors”.
Fadi Mroue discusses the Darwinian future of advertising and Beirut vs Dubai as a media hub, following République’s crowning as Independent Agency of the Year at the Dubai Lynx Awards.
The cause of the explosion is yet to be confirmed, according to the building manager.
The deal has garnered more than $3 billion in orders, a document showed.
The non-stop flights are scheduled to begin from September 1, 2015.
Hussein Oteifa, GM at satellite provider SES Middle East, explains how data connectivity is important for economic growth.
The cabinet’s decision aims to push out more land out into the market where it can be developed.
The initial guidance for the senior unsecured ten-year sukuk issue is at around 100 basis points over midswaps, a document showed.
The airport saw nearly 1.7 million visitors in the month of February, authorities said.
Fümé offers a budget sensitive business lunch experience for those that don’t mind sharing.
The deal consisted of a hybrid murabaha and wakala structure with a two-year lifespan.
The tender covers infrastructure services relocation, shoring works and excavation at Al Khail Avenue.
Abela is looking to expand its F&B chains Sandella’s Flatbread Café and Bean There across the UAE and Qatar.
Battling Ebola, solving the GCC’s diabetes epidemic, and finding a cure for cancer are just some of the ambitions of Johnson & Johnson’s worldwide pharma chairman Joaquin Duato.
With a number of hospitals and clinics starting up in the GCC, the war for medical talent has begun.
Market conditions may have shifted so far in favour of euro issuance that Gulf borrowers may leave their comfort zone and start to follow a shift towards the euro.
The firm is bidding for the second phase of Etihad Rail project, a senior official said.
Rental returns from the eight-storey tower in Al Warqa will be allocated to the Al Noor centre in Dubai.
The annual general meeting of the lender gave approval for the move in accordance with Basel capital requirements.
Jeanette Teh shares her tips to encourage happiness in the work place in the buildup to the International Day of Happiness.
Dubai’s index fell 3.6 per cent by Wednesday’s close to a 10-week low of 3,408 points.