Middle East Business News

Sluggish Moves Continue On UAE Bourses

Traded value tumbles to Dh129 million compared to an average of Dh272 million last week Read more

DP World To Begin Work On Phase One Of Berbera Free Zone Project

DP World expects to break ground on the 12 square kilometre free zone project this year Read more

Pound Investors See May Giving In To EU To Break Brexit Deadlock

Strains have grown between the two sides in the Brexit talks Read more

Beware Of This UAE Scam, Warns Financial Authority

DFSA intercepts fake certificate of incorporation, 'anti-money laundering' document Read more

China Says It Does Not Want A Trade War With US

Won’t sit by and watch as China’s interests are damaged — minister Read more

Australia Warns Of Trade War, Pushes For Trump Tariffs Exemption

There are local industry concerns that the tariffs could see cheap steel destined for the US flood the domestic market i... Read more

UK Business Growth Gauge Rises To Two-year High — CBI

Growth was far above the long-run average across most sectors other than retail, the CBI said Read more

Geely Chairman Not Planning More Automotive Deals — Bild Am Sonntag

Li has led a major acquisition push globally since 2010, when he took over Swedish car brand Volvo from Ford Motor Co in... Read more

Axa Is Said To Be In Advanced Talks To Buy Insurer XL Group

XL shares have advanced 23% this year in New York, giving the Hamilton, Bermuda-based company a market value of about $1... Read more

Semiconductors, Tech Stocks May Be At Risk If Trade War Broadens

Those warnings are now sounding more ominous to investors concerned about a trade war between the world’s two biggest ... Read more

US Drillers Add Oil Rigs For 6th Consecutive Week

Drillers added 1 oil rig in the week to March 2, bringing the total count to 800, the highest level since April 2015 Read more

Quebec Throws Cold Water On Bitcoin Miners Seeking Cheap Power

Earlier this week, Hydro-Quebec warned that there won’t be cheap power Read more

EU Aims To Tax Internet Giants At Two To Six Per Cent: France

The European Commission has said it will present by end March an overhaul of its tax rules Read more

Bitcoin Has Entered The Awkward Adolescence Stage

Derivatives give us greater visibility into Bitcoin price moves Read more

GFH Joins As A Founding Partner In Bahrains Fintech Hub

The partnership reflects GFH’s strategy to strengthen the integration of Fintech in the region and to support the deve... Read more