Apple opens first Middle East outlets in UAE
US technology giant Apple launched its first two stores in the Middle East on Thursday, with hundreds flocking to their openings in the rich...
Malaysia dissolves 1MDB advisory board
Malaysia's finance ministry said on Wednesday it would dissolve the board of advisers at 1Malaysia Development Berhad (1MDB) and take over its remaining assets,...
Financial risks to world economy – IMF stated
IMF Managing Director, Kristalina Georgieva, drew focus to the need to a "call to action", urging a shift to facilitate more lending to small...
Sudan’s economic crisis without donor help
Sudan has made a surprise opening and said it will fully cooperate with the International Criminal Court on cases about Darfur.
International donors are holding...
Oil prices up as Canada wildfires threaten crude output
Oil prices climbed in Asia Thursday with Brent breaching $45 a barrel following a fall in US production while raging wildfires threatened to cut...
A rosier outlook in the Asian markets
Upon signing the China-US trade pact, the mood in most Asian markets remains upbeat and the global outlook appears a little rosier.
Focus now turns...
Oil reverses gains as focus returns to global oversupply
Oil prices eased on Tuesday, reversing the previous day’s gains, as the risk premium stemming from the Paris attacks faded, and the focus returned...
Dubai's Dnata buys stake in Brazil airport services firm RM
The company that runs Dubai-based airline Emirates says it has bought a majority stake in a Brazilian firm that provides ground handling services at...
Skype founder gives thumbs-up to European IT sector
Skype co-founder Niklas Zennstrom on Wednesday praised European information technology, saying 2015 had been an "amazing year" for the sector.
"This is the most exciting...
International Energy Agency sees low oil prices until 2020
The International Energy Agency says oil prices are likely to remain low over the next five years because of plentiful supply and falling demand...
