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Main headlines latest

Zohran Mamdani
August 9th, 2026 - 08:42 GMT
P. Choiaqo

P. Choiaqo

Mamdani levies tax on luxury second homes, billionaires sue

ALBAWABA - Mamdani passes law taxing luxury second homes leading three New York billionaires to sue for failing to follow state notice requirements and setting off a “panic” in late July. The suit itself is not targeted toward the tax but toward Mamdani’s handling of the announcement of the tax with those suing citing the mayor’s office caused chaos after wrongly suggesting thousands of people might owe taxes on homes ...
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Offshore drilling site
June 20th, 2013 - 09:03 GMT

UAE-owned Adma-Opco awards $766 million contract to local firm

Tunisia's national flag
June 20th, 2013 - 09:00 GMT

Tunisia may delay Sukuk issue to next year

The total lPO was valued at SR 5.3 billion in 2012 and SR 1.7 billion in 2011
June 20th, 2013 - 05:00 GMT

Kingdom’s IPO subscriptions decline 53% in 6 months

The price of oil was down slightly yesterday.
June 20th, 2013 - 05:00 GMT

Kuwait says oil prices are fair

Only Saudi citizens are allowed to subscribe for IPOs
June 19th, 2013 - 10:46 GMT

Saudi Arabia IPO subscriptions decline 53% in 6 months

The UAE ranked second and its inflow rose 25 per cent to $9.6 billion
June 19th, 2013 - 10:29 GMT

Foreign direct investment in Arab world surges by 10% to $47.1b in 2012

Masdar's Seychelles Wind Farm
June 19th, 2013 - 10:24 GMT

Abu Dhabi launches wind farm in Seychelles

Central Bank of Qatar
June 19th, 2013 - 10:14 GMT

Qatar introduces bonds for trading in its market

Dubai Airport
June 19th, 2013 - 05:00 GMT

Dubai Airports eyes big break for billiards

Dubai and Abu Dhabi bourses trade cautiously
June 19th, 2013 - 05:00 GMT

Dubai slips on profit-taking but Abu Dhabi advances for second day

Central Bank of Bahrain
June 18th, 2013 - 12:57 GMT

Central Bank of Bahrain Treasury bills oversubscribed 123 per cent

Deloitte's Headquarters
June 18th, 2013 - 12:52 GMT

Deloitte releases global Takaful market report

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