Aramex warns high tariffs are holding back online retail business in the region.
The new service will offer the 500,000 Filipino expats in Dubai more travel options during peak periods.
The UAE is expected to grow strongly owing to the recovery of sectors like financial services and construction.
The near-week long shutdown has raised fears that the Congress may struggle to raise the debt ceiling by October 17.
A potential US government debt default could lead to dollar depreciation and reduced business confidence.
Despite a lack of local knowledge, UAE financial heads are increasingly looking to recruit top tier talent from the UK.
Most of Saudi central bank’s net foreign assets are believed to be denominated in U.S. dollars, and much of that amount is in the form of U.S. Treasury bonds.
The region’s private wealth industry is enjoying accelerated growth, as nationals bring their cash home to roost and domestic riches grow.
It’s time to set up an Arab bank for reconstruction and development, writes the founder and president of Nasser Saidi & Associates.
Emirates NBD has lowered its bad debts forecasts and paid back Dhs7.8 billion of crisis-era funding to the Ministry of Finance.
Dubai goes back to its roots and targets commodities traders with a local pearl auction.
Rouhani, who took office in August, had the supreme leader’s approval for his move to build bridges with Washington.
Lombard Odier plans to increase its assets in the Middle East to 20 per cent of its global business by the end of 2017.
Deal value in the third quarter touched $19.1billion, up 99 per cent compared to the same period last year.
Having roughly $54 billion assets under management, private banking contributes to around 70 per cent of the total group’s revenues.
Strong loads for Ramadan, coupled with capacity expansion, kept the region in pole position.
A report by Symantec has revealed the average cost of cybercrime per person has risen 50 per cent in the rest of the world.
Julius Baer’s total client assets amounted to CHF 304 billion ($321 billion) at the end of June 2012, with assets under management accounting CHF 218 billion for ($230 billion).
The U.S. shale boom has already altered the landscape of oil trade.
Banking assets in the GCC now account for around or slightly above a quarter of all banking assets in the region.
Carrier starts the new month in top gear by launching services to Clark in the Philippines, a new route between Milan and New York and its first A380 service to Brisbane
Facebook’s global mobile advertising revenues soared to 41 per cent of overall revenues in Q2 2013.
New service to meet strong business and leisure demand and support UAE investments in Vietnam
Saudi Arabia, Kuwait and the UAE are already providing Egypt petroleum products until the end of December
The Swiss bank has 40 years of wealth management experience and is owned by Abu Dhabi government vehicle Aabar Investments.
Global oil prices are expected to fall moderately in 2014 as new supply comes on line from the United States.
Thomas Bach has claimed that he has received assurance from Sepp Blatter that the tournament will not clash with the Winter Olympics.
Around 69 per cent of sovereign funds in the Middle East cited an increase in allocation of their investments to alternative options.
Vodafone, Kuwait’s Zain, UAE’s du and Kuwaiti internet service provider Zajil will create the Middle East-Europe Terrestrial System
State news agency WAM reported on a statement from the Islamic Crescents’ Observation Project.