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  • HSBC branch in Dubai

    HSBC pulls back from Islamic banking

    Through its HSBC Amanah arm, headquartered in the UAE, HSBC was a pioneer in the industry and it operated the largest Islamic business of any Western bank.

    October 18, 2012 4:07
  • Air Berlin cutting costs

    Air Berlin steps up cost-cutting drive

    Germany's second-biggest airline after Lufthansa also said a German air travel tax and persistently high fuel prices created additional headwinds.

    October 18, 2012 4:00
  • Obama

    Dubai fueled by cheap Iranian oil – US pressure

    U.S. officials are encouraging Dubai to find another source of supply. ENOC was asked to stop importing but it is still going on...

    October 18, 2012 3:57
 
  • UAE-ADNOC-Emarat pump stations

    ADNOC to offer cleaner Diesel for 2013

    While ADNOC is only able to meet the summer specifications of diesel in Europe now, it aims to meet winter specifications by the middle of next year, a source close to the matter said.

    October 17, 2012 3:03
 
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