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Sotheby’s in Talks to Help Saudi Prince Build Desert Art Oasis
Saudi Arabia hired HSBC Holdings banker Rayyan Nagadi to set up a privatization unit at the ministry of financ...
Air Arabia filed a lawsuit against Abraaj founder Arif Naqvi, becoming the first publicly-traded company to in...
Recent developments and plans announced by Dubai’s government highlight the emirate’s promising trajectory tow...
Dubai Frame the 150m structure that opened in January 2018 has welcomed more than one million visitors. The st...
Saudi’s NEOM Bay, an urban project, will be completed in 2020. Saudi Crown Prince Mohammed bin Salman bin Abdu...
Turns out Superman and Batman have nothing on Aquaman. As soon as this weekend, the Warner Bros. flick about the salty superhero will cross $1 billion in worldwide ticket sales. It looks poi... Read more
China will reduce the tax burden for small and micro-sized companies by 200 billion yuan ($29 billion) per year for the next three years, the latest government move to aid smaller corporates... Read more
The president of the Federal Reserve Bank of St. Louis said he’s concerned that any more interest-rate increases could push the U.S. economy into a recession. “We’ve got a good level of the... Read more
Brent oil extended its longest rally in a year and a half, rebounding above $60 a barrel, on hopes of a resolution in the U.S.-China trade dispute. Futures in London — which last trade... Read more
Kreston, a global network of independent accounting firms, has added to its offering in the UAE after admitting Dubai-based Morison Menon Group to the network. Morison Menon, which rebranded... Read more
India stocks rose, led by Infosys Ltd. after the software exporter said it will consider buying back shares and issuing a special dividend at its board meeting this week. Earnings season for... Read more
Nissan Motor Co. unveiled a new version of its Leaf electric car after delaying its launch amid the shock arrest of former chairman Carlos Ghosn. The new model, launched Tuesday in Las Vegas... Read more
Bandhan Bank Ltd., India’s newest lender, will combine with mortgage financier Gruh Finance Ltd. in a $11.7 billion deal, bringing the bank closer to meeting shareholding rules and helping i... Read more
Samsung Electronics Co.’s quarterly profit and sales missed estimates on sputtering demand for memory chips during the last three months of 2018, the same quarter that Apple Inc. reported an... Read more
When European lawmakers ushered in the era of “open banking” for consumers one year ago, both lenders and financial technology startups expected a sea change. For the first time, banks... Read more
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