Oman expected to meet its funding needs, keep support for dollar peg
The rating agency Standard & Poor’s, which recently lowered the ratings on Oman to 'BB-/B', has said the country will…
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Saudi Arabia slashes fuel prices in the kingdom
Saudi Arabia has slashed fuel prices in the Kingdom by almost 50 per cent starting Monday (May 11), according to…
More Arab Countries Could Start Hiking Taxes to Boost Economies
More Arab economies may need to follow Saudi Arabia in hiking taxes to replenish reserves that have been savaged by…
V versus U by Gary Dugan
The grind higher in US equities appears to back the V-shaped recovery view A possible 25% unemployment rate would signal…
ADX gains, real estate banks weigh on DFM
The UAE and other Gulf markets began the week mixed but the week ahead looks positive as lockdown measures ease…
Four in 10 rich UAE investors plan to invest more in next 6 months, UBS says
Most wealthy investors in the UAE are either retaining their current stock portfolios or planning to invest more over the…
Gulf banks can absorb up to $36B shock
Despite facing deterioration in profitability in 2020 because of the dual shock of Covid-19 and the decline in oil prices,…
Coronavirus crisis changing public attitudes in the Middle East, polls suggest
Public opinion surveys conducted in Saudi Arabia and the UAE are revealing a mix of sharp changes in attitudes and…
Real estate sector development panel to help boost realty market: Ezdan
The approval to the Cabinet decision to form a dedicated committee on `real estate sector development strategy` will provide plenty…
Dubai carrier Emirates airline reports rise in annual profit
Emirates, one of the world’s biggest long-haul airlines, reported a 21 percent rise in full-year profit on Sunday, but warned…
Free self-care tips that can help you manage stress during the coronavirus pandemic
May is Mental Health Awareness Month and experts say living through the pandemic makes self-care especially important. Yes, whether you…
Spot Gold prices move back above $1,700 – could they be even higher?
Nail biting tension, as well as deep breaths and sighs as economic data releases worldwide gradually confirm the arrival of…