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UAE Delegation attends World Bank-IMF Annual Meeting in Washington

A delegation from the UAE, headed by HE Obaid Humaid Al Tayer, Minister of State for Financial Affairs, will be taking part in the...

Alarab: New news channel in Arabic by Bloomberg, Alwaleed

Saudi Arabia's Prince Alwaleed bin Talal, who heads Kingdom Holding Co. , said Tuesday he has inked an agreement with news service Bloomberg LP...

UAE Delegation Attends G20 Conference on Commodity Price Volatility Held in...

A delegation from the Ministry of Finance (MoF), headed by HE Obaid Humaid Al Tayer, Minister of State for Financial Affairs, participated in the...

10 Years After 9/11: Era of Endless Wars?

It was a tragedy that claimed the lives of thousands in an instant, and later bring two wars with an even more monstrous death...

Exceptional Meeting for the Council of Arab Ministers of Finance in...

The UAE’s capital city hosted the Exceptional Meeting for the Council of Arab Ministers of Finance today in Emirates Palace

GCC Emerging, Frontier Markets Haven in Focus

“Once you start thinking about growth… …it is hard to think about anything else.” So declared economics Nobel laureate Robert Lucas, and his point...

Demand for Middle East carriers rose 9.7% above last year’s level

According to a comment on the July air traffic statistics released by the International Air Transport Association (IATA) on 4th September 2011, demand for...

Emirates flights into/out of New York’s JFK Airport cancelled due to...

Due to the impact of Hurricane Irene, the Airport Authority has suspended flights to and from New York's JFK Airport. As a result,...

Sukuk market for GCC companies continues to expand

According to a report by the Kuwait Finance House (KFH), sukuk issuance worldwide amounted to about US $5 billion in July, down from the...

Young Arab Leaders to Attend Annual United Nations Youth Assembly

Fifteen Arab delegates from around the Middle East were among the 600 young leaders attending the Annual United Nations Youth Assembly (UNYA) as part...

HSBC to cut 30,000 jobs worldwide

International banking giant HSBC confirmed on Monday it would cut a further 25,000 jobs between now and 2013 as part of a broader cost-cutting...

U.S. strikes deal on debt ceiling; Markets rally

In the U.S., President Barack Obama and congressional leaders announced a historic agreement on emergency legislation to avert the country's first-ever financial default. The resolution...

Best Global Emerging Markets Bank

Citi was named Best Global Emerging Markets Bank and Best Global Transaction Banking House by Euromoney magazine as part of its Euromoney Awards for...

UAE 34th on INSEAD’s Global Innovation Index 2011

INSEAD, the leading international business school, today announced the findings of The Global Innovation Index (GII) 2011 edition. Switzerland topped this year's GII...

Armani Hotel Milano is looking for 180 professionals

Armani Hotel Milano, the second property to be opened in the Armani Hotels & Resorts portfolio – a collaboration between Giorgio Armani S.p.A. and...

Wealth management firms revise approach to high net worth individuals

Wealth management firms and advisors need to provide a broader and more integrated set of capabilities to meet the complex needs of today’s high...

UAE ranks 33 in the 2011 Global Peace Index

The United Arab Emirates ranks 33 in the 2011 Global Peace Index (GPI) announced today. Levels of world peace dropped for the third consecutive...

Emirates cancels flights to Sydney, Christchurch

Due to airspace restrictions around New Zealand caused by the volcanic ash from the Mt. Cordon Caulle in Chile, Emirates’ flights EK418 and...