Middle East Business News

Taiwans HTC To Get Google Boost As It Posts Biggest Loss

HTC has suffered consecutive losses due to stiff competition in the smartphone sector from Apple, Samsung and strong Chi... Read more

Saudi Equities Gain Traction

Tadawul saw a record weekly net inflow of $370m via swaps and QFIs Read more

ADGM, Jersey Financial Services Sign Co-operation Agreement

The partnership reinforces ADGM’s commitment, as an international financial centre to enhance and build stronger colla... Read more

Iran Currency Hits Record Low, Crashing Through 50,000 Mark

Iran’s government took drastic measures last month to stem the decline in the free market rate Read more

Shanghai Crude Oil Futures Roar Into Action As Glencore Bags 1st Trade

Trafigura, Freepoint among first foreigners to participate Read more

Uber Sells Southeast Asia Business To Grab After Costly Battle

Uber to own 27.5% of Grab; Transaction marks second exit for Uber in Asia Read more

UAEs Healthcare Industry Needs To Watch Its Debt Burden

For too long it has fattened itself on easy money to fund expansion sprees Read more

Adnoc Awards $3.5b Worth Of Contracts To Samsung Engineering

Company plans to boost petrochemical production to 14.4m tonnes per annum by 2025 Read more

Kanye West Associate Will Offer His Insights To Louis Vuitton

Virgil Abloh is also known for his streetwear-themed luxury label Off-White Read more

53,000 Mitsubishi Pajeros Recalled From UAE Market

Al Habtoor Motors has alerted motorists to contact them directly over faulty airbags in cars Read more

Will Things Only Get Better For US Economy?

The new Fed chief Jerome Powell sure believes there are reasons to look to the upside Read more

Oil Erases Gains As Traders Shrug Off Rising Middle East Tension

China began trading its first ever crude-futures contract on Monday as the world’s biggest oil buyer seeks to wield gr... Read more

Dubai Parks Operator Eyes A Breakthrough Run This Year

Sees visitor number and revenue gains from all of its rides opening and ticket rates revised Read more

Discount Retail Gets A Big Push In The UAE

It has got a European flavour with the Apparel group signing up with Dutch operator Hema Read more

In E-commerce, Its All About The Delivery

But when it comes to returns, better have a ‘no questions asked’ policy Read more