After years of planning, the Dubai Mercantile Exchange (DME) opened for trading on June 1 with its flagship Omani crude futures contract. It’s a collaborative effort bringing together Tatweer, a …
GCC
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In the current economic uproar of Gulf markets, art is in the spotlight, and among the various genres, Iranian works are in high demand in Dubai. “Galleries have been progressively …
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Regional power grid Representatives from the six Gulf Cooperation Council states inked an agreement in July which facilitates the sharing of electricity by linking each country’s power grid to form …
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Saudi Arabia, the largest and the fastest growing real estate market in the Middle East, hosted the kingdom’s first ever “Cityscape Saudi Arabia” at the Jeddah Center for Forums and …
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If you can’t sell it, auction it. That seems to be the mantra many in the United Arab Emirates’ troubled real estate market have adopted as they try to offload …
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The Gulf is going through a period of great economic turbulence and the region’s airlines have been at the center of it all. The International Air Transport Association (IATA) announced …
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Five year old Edgar Enrique Hernandez in Mexico was the first confirmed case of H1N1 on April 2. “Swine flu” has now spread around the world, and by May 25 …
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As the financial crisis affects the real estate sector in the region, Qatar is feeling the impact as well. Since the last quarter of 2008, sales have dropped considerably, the …
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The halal sector, which covers food, pharmaceuticals, cosmetics, finance and tourism, is on the cusp of exponential growth in the Middle East and worldwide. Valued at $1.5 trillion globally, the …
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At Cityscape Abu Dhabi this year, everything was different. The long queues at the registration desk were gone, so too were investors rushing with drawn checkbooks to buy newly-launched properties. …