Business Blog

Oman's government is likely to start cutting some state subsidies next year as the decline in global oil prices pressures its finances, Minister for Financial Affairs Darwish al-Balushi said.

The initial public offering of the National Commercial Bank was 18% covered by the end of the fifth day, according to the financial advisers and lead managers GIB Capital and HSBC Saudi Arabia.

Abu Dhabi, 25th October, 2014 (WAM) -- The Emirates Standardisation and Metrology Authority (ESMA) has launched the ''Halal National Mark'' as part of the U.A.E. Scheme for Halal Products to regulate and certify the Halal industry and its various...

Qatar's real estate boom is set to continue with figures showing a growth of 15.2% in the first nine months of the year.

elecom operators in the UAE to roll out 800MHz frequency for 4G LTE (long term evolution) in January next year, a top official told Gulf News.

* Stocks dip but head for best week of the year* Risk sentiment softens after first Ebola case in NY* U.S. and euro zone economic data positive* Oil on track for first weekly gain in five weeksBy Marc JonesLONDON, Oct 24 (Reuters) - Global stock markets were heading for their best week of the year on Friday following reassuring company results, encouraging data from the world&aposs biggest economi