Emerging markets

A return to the 2015 deal would see the return of Iranian oil to the market at a time when crude prices have hit their highest levels in more than a decade. 

“We have the cash to inject, we’ve hired a very good team… we can build them at a more reasonable cost than our competitors,” the property mogul said.

“I’m sure a lot of Russians are trying to fix their problems… but Dubai will benefit ultimately from any crisis,” an Emirati property magnate told CNBC.

The utility had adjusted earnings of $3.3 billion last year, and plans to pay a minimum dividend of $1.69 billion over the next five years to future investors.

With global exchanges and index providers cracking down on Russian securities, “what comes next is anybody’s guess,” Morningstar’s Ben Johnson says.

The UAE is the financial hub of the Middle East, home to numerous international companies’ headquarters.

The UAE is the financial hub of the Middle East, home to numerous international companies’ headquarters.

As major cities across Ukraine endure devastating attacks, company leaders in the U.S. and Europe have expressed awe at their Ukraine-based staff.

Russia’s stock market has been closed for five straight days following heavy Western sanctions over its invasion of Ukraine.

The news comes as Russian bombings all over Ukraine intensify, and the number refugees who have left Ukraine surpasses 1 million, according to the U.N.

The Turkish lira has lost roughly 47% of its value in the last full year, in a rout driven by Erdogan’s refusal to raise interest rates.

e& is one of the largest listed businesses in the UAE and one of the largest listed telecoms providers in the Middle East by market capitalization.

A handful of stock and bond funds have above-average exposure to Russia. Some have taken big hits due to Western sanctions aimed at crippling Russia’s economy.

The UAE was among just a few countries that abstained from a U.N. vote condemning Russia’s invasion of Ukraine.

Long lines at ATMs snaked down sidewalks and around buildings in Moscow and at Russian banks in Europe as depositors rushed to withdraw cash.

Now the critical question is whether Putin will stop at the eastern territories of Luhansk and Donetsk, or push on to take more of Ukraine and its capital Kyiv.

New deal between UAE and India could grow bilateral trade in goods to over $100 billion and trade in services over $15 billion in the next five years. New economic partnership agreement includes reduced tariffs and enhanced market access for businesses on both sides.  DUBAI, United Arab Emirates — The United Arab Emirates and India have signed a wide ranging…

Turkey’s currency has lost more than 48% of its value in the last year as Erdogan pushed on with his policy of eschewing rate rises despite sky-high inflation.

For years, Turkey and the UAE have been on opposing sides of regional conflicts due to deeply conflicting ideologies.

Emirati officials reject that their country’s reputation as an isle of stability is being threatened.