Business Blog

Dubai monitoring property brokers to prevent rampant speculation: Rera chief

Dubai is working to prevent rampant speculation in the property market by closely monitoring brokerage activities, according to Real Estate Regulatory Agency (Rera) chief.

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Cost cuts lift Thorntons' profits

Chocolate maker Thorntons has reported a 60% rise in annual pre-tax profit as a result of cost-cutting measures.

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Qatar's inflation up 3.8% in August

Qatar's consumer price index jumped 3.8% in August compared to same month last year, mainly driven by high rentals and rising prices of furniture, textiles and home appliances.

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UAE's Yahsat ties up with global manufacturing experts for Al Yah 3 satellite

Yahsat, the UAE-based satellite operator, announced the manufacturing and launch partners for its third satellite, Al Yah 3, set to be launched in Q4 2016.

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GLOBAL MARKETS-Shares fall, yields rise as Fed, Scotland dominate

* Shares slide on strengthened bets on early U.S. rate hike* Too-close-to-call Scottish independence vote unnerves markets* Santander&aposs Emilio Botin dies, bank&aposs shares lag market* Euphoria over new Apple products short-livedBy Jamie McGeeverLONDON, Sept 10 (Reuters) - Global shares fell on Wednesday as markets strengthened bets on an early U.S. rate hike while persistent concerns over Sco
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Kingfisher boss Cheshire to step down

Home improvements retailer Kingfisher has said its chief executive Ian Cheshire is to step down and will be replaced by Veronique Laury.

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