Tag: dubai economy

(Bloomberg) -- Sentiment soured further in the United Arab Emirates as a gauge of business conditions in the second-largest Gulf economy slumped to an...

(Bloomberg) -- Property developer Sobha LLC is planning an initial public offering of its United Arab Emirates business in 2022 even as a slump in prices weighs...

Emaar Properties reported one of the highest half-year sales in Dubai at AED 9.443 billion during the first six months of 2019. This is...

(Bloomberg) -- Walk into the latest expansion of Dubai’s financial district and you’ll see a handful of small art galleries, some upscale men’s tailors and...

(Bloomberg) -- U.S. equities rallied late to close at a record high, while Treasuries retreated after the latest American inflation reading came in hotter than anticipated. The...

(Bloomberg) -- Banks in the United Arab Emirates may go through a second wave of consolidation as lenders seek to improve profitability and tackle...

(Bloomberg) -- Dubai’s main port and biggest free zone authority plans to return 1.3 billion dirhams ($354 million) in cash and bank guarantees to...

(Bloomberg) -- Investors in Dubai’s equities might be feeling whiplash after the main index went from the day’s worst performer worldwide to the biggest...

(Bloomberg) -- Dubai is looking to retail and tourism to break free of its weakest economic expansion in almost a decade. Growth in the city’s gross...

In Dubai, the focus is often too much on the economy of tomorrow rather than that of the recent past. Even as it constructs the...