Frequent flyer programmes, with their rich customer data, have become a currency of their own.
Etihad has set out its “roadmap” to return the troubled Italian carrier to profit by 2017.
Shares of Dubai-based construction firm Arabtec’s went on a roller-coaster ride last month, taking the wider Dubai Financial Market down with it. What went wrong?
Islamic finance has developed alternative inter-bank tools, but higher interest rates are expected to boost murabaha trading, luring back western borrowers looking for cheap finance.
As global aviation body IATA puts responsibility for airspace risk assessment on governments, analysts say urgent action is needed.
The first budget by the new Narendra Modi-led government in India left many experts and the markets confused about its lack of specifics.
The UAE is fast becoming a cashless society, thanks to a smart governance push and the advent of more secure payment technologies.
Wooing Hollywood and Bollywood producers with generous financial rebates, Abu Dhabi is steadily heading towards its aim of becoming a global film hub.
The violence in Gaza has now killed more than 500 Palestinians as well as 18 Israeli soldiers and two Israeli civilians.
Other Gulf markets will also lure more foreign investment if the Saudi market opens, experts say.
The move is expected to be in place in the first half of 2015, according to the Kingdom’s financial regulator.
The Securities and Commodity Authority said a new “technical committee” would ensure the integrity of share trading and prevent any manipulation of stock prices.
UAE and Qatar stock markets rallied sharply over the past year in anticipation of the upgrade to emerging market status by index compiler MSCI.
The Dubai construction firm lost almost 50 per cent of its stock value after stakeholder Aabar cut its stake and former CEO Hasan Ismaik resigned.
The Middle East is catching the eye of venture capitalist (VC) firms eager to cash in on the growing number of tech start-ups in the region.
Dubai’s property market is showing signs of overheating, but banks seem better insulated this time around, say experts.
Forecasts for U.S. shale oil production vary from an increase of 7.5 million barrels per day by 2020 – almost doubling current domestic output of 8.5 bpd.
The global financial crisis has made the cash-rich Gulf more attractive to overseas bond issuers as a source of investment funds.
Support for violent tactics such as suicide bombing has fallen in many countries but significant minorities still approve of them, a survey showed.
Dubai-based Arabtec has not provided any serious explanation for what is happening, says Reuters columnist Una Galani.
Arabtec debacle on the stock market reveals the crack among bourse regulations in the Gulf
The tricky part for investors is to precisely time their exit from bonds.
Nomura Asset Management and Lazard Asset Management have opened new offices in Dubai this year.
Following unrest in the country, some foreign financial firms have moved staff to Dubai.
King Abdullah Economic City, the Kingdom’s mega project, is shifting focus to become a local tourism hub from its initial plans of being a financial centre.
Experts say that the Gulf’s efforts in building up its financial resources on the back of high oil prices as a defence against regional instability is paying off.
Dubai house prices posted the fastest year-on-year rise of any of the world’s major markets in January-March, soaring 27.7 per cent.
Saudi health sources and international virologists have highlighted poor communication, lack of accountability and inadequate state oversight in the Kingdom.
Second citizenship offers greater stability and security, tax efficiency and ease of travel, among other benefits, say experts.
After being hit hard by the Arab Spring and the Syrian civil war, the Middle East’s troubled tourism markets are fighting back even as political hurdles remain.