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With construction work well under way ahead of the opening of the event in 31 months’ time, the property market remains stubbornly in the doldrums. (Shutterstock)

March 28th, 2018 - 07:43 GMT

Dubai Property Market to Banish Real Estate Gloom With Expo 2020 Megaprojects

It has been almost half a decade since Dubai was awash with exuberance following its Expo 2020 bid win.

Majid Al Futtaim... balance sheet solid with assets
of $12.25 billion.

January 29th, 2015 - 04:55 GMT

'A magnet for shoppers': Majid Al-Futtaim to double in size after remarkable 2014

The Central Bank chief also explained that he requested the IMF send a delegation to Lebanon "to evaluate the cost borne by the country as a result of receiving displaced Syrians."

October 13th, 2014 - 11:14 GMT

You have our blessings: IMF 'satisfied' with Lebanon's economic performance

Major global stock markets fell and bond prices ralliedas worries over conflict in the Gaza Strip and Ukraine raised uncertainty for investors and kept them away from riskier assets.

July 22nd, 2014 - 03:55 GMT

Poetic justice? Global stocks plunging on Gaza attacks

The performance of the Kuwaiti economy as benchmarked by global indexes is not commensurate with its potentials.

July 20th, 2014 - 01:10 GMT

Kuwait: the GCC's underachiever?

S&P noted that hydrocarbon revenues constitute almost 46 per cent of nominal GDP and three-quarters of total exports of the six GCC nations.

July 1st, 2014 - 03:55 GMT

Nothings lasts forever: Bahrain, Oman most vulnerable to impending drop in oil prices

Al Bawaba

May 28th, 2014 - 05:55 GMT

Has Sisi already won over investors?

Al Bawaba

May 24th, 2014 - 12:15 GMT

Disproportional harm? Burden of hypothetical Dubai property market crash to fall on investors

Al Bawaba

May 2nd, 2014 - 10:04 GMT

Fighting the odds: Sharjah's monumental attempts to step out of Dubai's shadow

International rating agency Standard & Poor’s has raised its outlook for Lebanon-based Bank Audi, BankMed and BLOM Bank to stable from negative, just a week after upgrading the outlook of Lebanon from negative to stable.

April 21st, 2014 - 09:47 GMT

First the economy, now the banks: S&P raises Lebanon's outlook from negative to stable

BLOM Bank, Bank Med and Bank Audi all were upgraded from "negative" to "stable" under Standard & Poor's ratings (File Archive)

April 20th, 2014 - 08:17 GMT

Restoring confidence: Can S&P bank upgrade help Lebanon's economy?

Al Bawaba

April 3rd, 2014 - 03:07 GMT

Are the Gulf economies getting a kick out of the Crimea crisis?

Nevertheless, the report said Turkey’s low and largely lira-denominated debt provided it with significant buffers against economic turbulence.

February 9th, 2014 - 03:55 GMT

Turkey's downgrade by S&P to 'negative' signals real trouble