Just as there were signs that Dubai might be climbing out of its debt hole, Credit Suisse has released a report that puts the size of the emirate's borrowings above conventional estimates.
Entities 50 percent or more owned by Dubai's government (...)
Emaar Properties PJSC, the sprawling Dubai real estate developer, had a near-death experience this past week when its chairman made remarks hinting that it might increase its stake in its troubled Amlak Finance unit, a move that would saddle Emaar's (...)
Investors, businesses and consumers are signalling growing fears that Lebanon's surging economy is imperilled by the threat of a conflict between Hizbullah and the country's pro-Western government over the investigation into former Prime Minster (...)
The Gulf's airlines, which over the last decade conquered the world's skies with armadas of long-haul jets serviced by glitzy airports, face a new challenge to their business from their European rivals, even as they move to double their (...)