Why is UAE leaving OPEC, will Iraq or Kuwait leave next? Nearly 3.5 million barrels per day are now at stake. The Organization of the Petro...

Indian summer travel abroad faces higher costs. Tour packages are up 20-25%. West Asia conflict fuels oil prices and airfares. A weaker rup...

A distant war is impacting global luxury sales. Europe's top luxury firms have lost billions in market value. The Middle East, a key growth...

India's essential remittance inflows are confronting an extraordinary obstacle. The intensifying turmoil in West Asia is fueling anxiety am...

Saudi Arabia and the UAE are pushing President Trump to continue the war against Iran. They believe Tehran has not been weakened enough and...

The United Arab Emirates economy faces early stress as the Gulf war continues. Sectors like hospitality, travel, and food & beverage are se...

The United Arab Emirates (UAE) reported a 3.7% increase in its gross domestic product (GDP) for the first half of the year, with non-oil se...

The Abu Dhabi index, meanwhile, dropped 0.3% as Abu Dhabi Islamic Bank retreated by 2% and the country's largest lender, First Abu Dhabi Ba...

The index by the Tax Justice Network, which documents countries that attract companies to shrink their tax bills, added the United Arab Emi...

The seasonally adjusted IHS Markit Dubai Purchasing Managers' Index (PMI) fell to 50.6 in January from 51.0 in December. That growth pace -...

Both decisions come after months of Dubai promoting itself as the ideal pandemic-friendly vacation spot while coronavirus infections skyroc...

Dubai Statistic Centre said the economy declined by 10.8% in the first six months of 2020, which the centre's executive director, Arif Al M...

The seasonally adjusted IHS Markit UAE Purchasing Managers' Index (PMI), which covers manufacturing and services, stood at 49.5 in November...

With the government failing to pass a public debt law, Kuwait has drawn from its reserve fund to keep spending — at a pace that could prove...

Many tourists are staying away from Kashmir because of what the region went through in the past year, with the devastating floods.

The Middle East and Africa computer market has suffered 25.6% drop in the second quarter this year, the steepest decline ever recorded in t...

The Gulf and South Asian countries line up discounts, incentives to attract indian corporate travellers.