Abu Dhabi government investment fund Mubadala is talking with banks to refinance a $2 billion loan due in April, among the first refinancings by Gulf firms since Dubai's debt problems rocked markets in November.
IBT Staff Reporter
Feb 18, 2010
Israel's foreign minister said on Wednesday the use of the identities of foreign-born Israelis by a hit squad suspected of killing a Hamas militant in Dubai did not prove the Mossad spy agency assassinated him.
IBT Staff Reporter
Feb 17, 2010
The euro fell against the dollar on Monday, hovering close to nine-month lows as investors waited to see whether meetings of European finance ministers would result in further support for Greece.
IBT Staff Reporter
Feb 15, 2010
HSBC expects double-digit revenue growth this year in its Amanah Islamic banking division and more sukuk mandates than in 2009, Razi Fakih, deputy chief executive of Amanah told Reuters.
IBT Staff Reporter
Feb 15, 2010
The euro held near a nine-month low against the dollar on Tuesday, with all signs that euro zone policymakers will focus on making Greece fully implement budget cuts rather than gifting it swift financial aid.
IBT Staff Reporter
Feb 15, 2010
The cost of insuring five-year Dubai debt against default jumped to its highest level since March on Monday as concerns intensified over the debt restructuring of state-owned conglomerate Dubai World.
IBT Staff Reporter
Feb 15, 2010
With the start of a New Year and Valentine's Day looming on the horizon, now is the perfect time to stop putting off that proposal and finally do what you've always wanted - to show your significant other how you truly feel about him or her.
IBT Staff Reporter
Feb 12, 2010
Dubai's Shuaa Capital narrowed its net loss 73 percent in the fourth quarter, as the investment bank's brokerage and private equity operations returned to profit and its corporate division curbed losses.
IBT Staff Reporter
Feb 06, 2010
Dubai would seek the arrest of Israel's prime minister if it found evidence intelligence service Mossad was behind the killing of a senior Hamas official, its police chief said in a newspaper Friday.
IBT Staff Reporter
Feb 05, 2010
New York University has imposed strict labor standards for construction of its campus in the United Arab Emirates, where critics say migrant worker conditions are sometimes tantamount to forced labor.
IBT Staff Reporter
Feb 04, 2010
State-owned conglomerate Dubai World, which is restructuring some $22 billion in debt repayments, has yet to arrive at a formal standstill agreement with its creditors.
IBT Staff Reporter
Feb 03, 2010
January sales at top U.S. retail chains should rebound into positive territory from last year's decline as shoppers redeemed holiday gift cards and retailers avoided drastic clearance sales.
IBT Staff Reporter
Feb 02, 2010
New York's famed Bloomingdale's department store opened its doors in the Middle East's biggest mall on Sunday in its first foray outside its home market.
IBT Staff Reporter
Jan 31, 2010
Dubai contractor Arabtec said on Sunday it has won a 710 million dirhams ($193.3 million) contract to build an 80-storey tower in Dubai from Abu Dhabi-based developer Tasameem Real Estate.
IBT Staff Reporter
Jan 31, 2010
Israel has assassinated a senior Hamas military commander in Dubai, an official in the Palestinian Islamist group said Friday.
IBT Staff Reporter
Jan 29, 2010
The Afghan government on Thursday invited the Taliban to a peace council as its Western allies worked out plans to try to end the war in Afghanistan.
IBT Staff Reporter
Jan 29, 2010
Al Qaeda leader Osama bin Laden claimed responsibility for the failed Dec. 25 bombing of a U.S.-bound plane in an audio tape aired on Sunday, and vowed to continue attacks on the United States.
IBT Staff Reporter
Jan 25, 2010
Al Qaeda leader Osama bin Laden claimed responsibility for the December 25 failed bombing of a U.S.-bound plane in an audio tape aired on Sunday, and vowed to continue attacks on the United States.
IBT Staff Reporter
Jan 24, 2010
Israel's blockade of the Gaza Strip not only restricts imports to the enclave but has also crushed traditional exports like fruit, flowers, furniture and ceramics.
IBT Staff Reporter
Jan 22, 2010
Morgan Stanley has launched a new global initiative to raise capital for hedge fund clients in return for a fee, a company spokesman said.
IBT Staff Reporter
Jan 22, 2010
Its history is peppered with cloak-and-dagger stories which fostered a reputation for winning technology by hook or by crook. But today Huawei Technologies' disciplined growth strategy is a beacon to many emerging markets firms.
IBT Staff Reporter
Jan 20, 2010
The Yemen-based wing of al Qaeda said on Monday its fighters had survived an air strike last week that Yemeni officials said killed six leaders of the militant group.
IBT Staff Reporter
Jan 18, 2010