Saudi billionaire Prince Alwaleed bin Talal, an investor in some of the world's top companies, has bought a stake in Twitter for $300 million, gaining another foothold in the global media industry.
Iranian state television on Sunday aired what it described as the confession of an Iranian man detained for spying for the CIA.
Following the global hysteria surrounding the debut collection of Versace for H&M, Donatella Versace has unveiled the second part of the collaboration coined the Cruise Collection.
Armed gang members who stole more than $3 million (£2million) in holiday spending money from the Dubai Royal Family while it was being loaded into a car are currently on trial.
Comedian Louis CK took a major risk by putting his new stand-up special online for $5 without any copy restrictions, but the risk paid off. He raked in over $500,000 in revenue in four days.
Auctioneers are wigging out over Elizabeth Taylor.
Associates of Yasser Arafat offer personal recollections in a documentary screened in Dubai this week on his search for an Israeli-Palestinian peace deal that descended into violence and failed to lead to a Palestinian state.
Zardari’s recent hospitalization in Dubai have led some to believe he will resign, yet Zardari says he will return to Pakistan within the next few days.
Could Maverick fly again?
Government officials deny that Zardari is considering stepping down.
Pakistani President Asif Ali Zardari flew abruptly from Islamabad to Dubai Tuesday evening, apparently after suffering a minor heart attack, and may resign citing ill health, an American magazine reports.
Petroleum major BP has accused Halliburton Energy Services Inc., the U.S. and Dubai-based oilfield services corporation, of intentionally destroying crucial evidence related to the Deepwater Horizon oil rig explosion in the Gulf of Mexico last year.
The insolvency of an Islamic mortgage lender in Canada may hinder the growth of sharia-compliant finance in North America, where the industry has struggled to gain traction in the absence of a supportive regulatory framework.
Tiger Woods broke his two year losing streak Sunday with a win the Chevron World Challenge golf tournament at Sherwood Country Club in Los Angeles.
Thaksin Shinawatra, the former-Prime Minister of Thailand who was overthrown in a 2006 coup and went into self-imposed exile in Dubai, could soon be getting his passport back.
Madhya Pradesh Chief Minister Shivraj Singh Chauhan has urged the government to boycott next year's London Olympics because of the event's sponsorship deal with Dow Chemical company.
Who knew the Versace H&M debut would turn into a Battle Royale Gladiator style leading to hospitalizations and utter chaos in stores worldwide?
The United Arab Emirates, the world's fourth-largest oil exporter and home to gold trading hub Dubai, is rapidly becoming a force in trade of another highly valuable commodity: diamonds.
France-based Airbus AS has secured a total of 211 orders at the 12th Dubai Airshow worth $20.5 billion. The order involves 135 firm orders worth $13.7 billion (130 A320neo and five A380s) and 76 memorandum of understanding (MoU) worth $6.8 billion.
Mother-of pearl dashboards and diamond-encrusted hood ornaments at the Dubai International Motor Show this week underlined how the safe-haven status of the United Arab Emirates is fuelling dramatic growth in sales of luxury cars.
Syrian army defectors attacked an intelligence complex on the edge of Damascus early Wednesday, the first such reported assault on a major security facility in the eight-month uprising against President Bashar al-Assad, activists said.
Experts detailed New York's economic, social and environmental challenges on Tuesday in Zoning the City, an urban planning conference held in midtown.
