Business Blog

Dubai is set to have a new mode of public transport — high-tech podcars — in the next couple of years, a senior official announced.

Group calls for action ‘to move inflation more decisively towards target’ while issuing generally upbeat short-term economic forecasts

More well-off residents in the UAE than in other countries in Asia are likely to spend more on non-essentials including travel in the next 12 months, a new research suggests.

Ahead of the release of her 14th studio album, take a look at the remarkable career of Mariah Carey, who went from curly-haired girl next door to elusive chanteuse.

KUALA LUMPUR, May 6 (Reuters) - Indonesian airline Garuda Indonesia Tbk GIAA.JK has secured $100 million in financing from Maybank Islamic Bhd MBBMIS.UL to fund its operations and expansion, the Malaysian bank said on Tuesday.The Musyarakah-based loan, which will be Indonesia&aposs largest bilateral Islamic financing, has a tenure of 3 years and will be issued through Maybank&aposs Indonesian unit

KUALA LUMPUR, May 6 (Reuters) - Indonesian airline Garuda Indonesia Tbk GIAA.JK has secured $100 million in financing from Maybank Islamic Bhd MBBMIS.UL to fund its operations and expansion, the Malaysian bank said on Tuesday.The Musyarakah-based loan, which will be Indonesia&aposs largest bilateral Islamic financing, has a tenure of 3 years and will be issued through Maybank&aposs Indonesian unit