Shweta Jain

Gulf markets close down after clawing back some losses

Oil posts biggest weekly decline since 2023 as China announces retaliatory tariffs on US

Move aimed at 'turbocharging domestic car manufacturing' is almost certain to backfire, expert warns

Emirates is moving economy away from oil by developing sectors such as technology, manufacturing, tourism and trade

The base rate for the overnight deposit facility was maintained at 4.40 per cent

Profit for the year decreased by 2 per cent to $1.5 billion due to higher finance costs

Abu Dhabi airline’s full-year profit reached $467 million while total revenue grew by 25 per cent annually

US President told World Economic Forum if prices fell, Russia-Ukraine war would ‘end immediately’

Saudi carrier had originally planned to start operations in the middle of the year

The financing came from a syndicate of 15 UAE-based and international lenders

Syrian Air flights from the UAE fully booked until next week but many Middle East airlines hold off servicing the route for security reasons

Minerals Development Oman's export of copper concentrates from the Lasail Mine is encouraging, says analyst

Syrian pound has plummeted in value since fall of the Assad regime

Revenue expected to be $314bn, while expenditure is projected at $344bn

The $3.9 billion Wynn Resorts Al Marjan is expected to spur growth in the emirate