The federal government has cut struggling Islamic lender Amlak's debt burden by $1.1 billion, the UAE economy minister said on Tuesday, in the latest effort to revive the Dubai mortgage provider whose stock has been halted since 2008.
March 20, 2012 10:59
A responsible move towards curbing the growth of stray animals is welcomed. But how about we give it more of a radical kick where it could really make a difference?
March 19, 2012 11:18
George Clooney’s arrest for protesting against violence in Sudan has prompted Kipp to look out who might bail him out. Would Jordan’s Queen or Azerbaijan’s First Lady do it?
March 18, 2012 4:32
After a sharp setback last week, UAE stock markets are now showing high trading volumes. But some say it remains fragile, speculative and depends on a benign global backdrop.
March 15, 2012 11:07