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Beam pumping unit

Oil extends losses as World Bank cuts growth forecast

February Brent crude dropped 55 cents to $46.04 a barrel by 9.27 GMT

January 14, 2015 5:03
 
Hand with calculator. Finance and accounting business.

Dubai Islamic Bank to test Gulf debt markets post oil slump

Stock markets in Dubai and Saudi Arabia have slipped by 19.4 percent and 11 percent respectively since the OPEC gathering

January 7, 2015 11:00
 
Business - banker, Manager or expert evaluates the figures on ta

UAE non-oil business growth edges up in December

Dubai is a business centre for the Gulf region, but the PMI data did not show any significant impact from the plunge of global oil prices over the past six months

January 6, 2015 11:12
 
Silhouette Oil Rigs And Pumps

Oil prices hit fresh 5-1/2-year lows; Brent below $56

U.S. crude slid as low as $51.40 a barrel on Monday, its lowest since May 2009

January 5, 2015 9:54
 
Financial accounting stock market graphs analysis

Dubai says to lift spending 9 per cent and end deficit in 2015 budget

Dubai's 2015 budget plan shows it believes the regional economy will stay healthy enough for revenue to continue expanding rapidly

January 4, 2015 10:01
 
The View On Dubai City From Skyscraper In Night Illumination, Du

Dubai rents finally drop

Freehold transactions in Dubai fell by almost one-third during Q3 2014 and rents across Dubai’s freehold areas dropped by 0.4 per cent

December 21, 2014 11:57
 
Beautiful background of Dubai at night, gorgeous cityscape over

Healthy Dubai real estate market can ride out cheap oil

Oil's current slide is being watched closely in Dubai

December 21, 2014 9:49
 
Uae Currency Dirhams

UAE central bank chief says to keep currency peg to dollar

UAE dirham edged down to its lowest level against the dollar in over a year in the one-year forwards market last week

November 30, 2014 3:16
 
bigstock-Busy-taxi-rank-in-Dubai-UAE-31077005

Get ready to pay more for your Dubai cab

First the bus, then the metro and now taxis in the city are getting more expensive

November 25, 2014 4:58
 
Rising Electricity Costs

Abu Dhabi to raise power, water tariffs as oil price slides

Utility costs in Abu Dhabi will still be very low by global standards

November 13, 2014 5:45