UNITED ARAB EMIRATES

Japan slashed its oil purchases from Iran in April, cutting imports from the Islamic Republic by nearly 80 percent.

Syria is trying to sell gold reserves to raise revenue as Western and Arab sanctions targeting its central bank and oil exports begin to bite, diplomats and traders said.

Abdul-Rahim blamed Iran for ruining efforts by Hamas and Fatah to reconcile.

Airport retailer Dubai Duty Free has mandated banks for a $1.1 billion multi-tranche loan facility to help fund the expansion of Dubai's international airport.

The head of China's national pension fund called for a bigger role for the Chinese currency in the international monetary system, saying the yuan could someday account for 10 percent of global reserves.

Hashemi denies the government's terrorism charges, claiming they are motivated by politics given his prominence as a Sunni lawmaker.

U.S. President Barack Obama is moving ahead with sanctions against Iran's oil industry, in the hope that increased economic pressure will push Tehran into abandoning its nascent nuclear program.

After Maradona confronts angry fans in Dubai, we take a look at five more of the Argentinian legend's most dramatic moments.

The top U.S. diplomat is also set to meet with ministers from Bahrain, Kuwait, Oman, Qatar and the United Arab Emirates before heading for talks with Turkish, Arab and Western leaders on the Syria crisis.

An Iranian organization called the Mojahedin-e-Khalq, or MEK, considered a terrorist organization by the United States, is paying hundreds of thousands of dollars to former American officials and politicians. But where is the money coming from?

Harry Harling, a 15-year-old British national living in Dubai, fell to his death on Saturday in a possible suicide. After leaving a party where drinking allegedly took place, he fell from a balcony 11 stories high.

In an announcement this week, Microsoft said the next version of the Kinect for Windows will be available at the end of May, with a 1.5 version of the software that works with it. The new Kinect for Windows 1.5 will come with a few new features, such as Kinect Studio, which will allow developers to record, playback and debug users' clips.

Dubai's top security official accused supporters of the Muslim Brotherhood in the United Arab Emirates on Tuesday of using social media to stir up opposition to the Gulf's ruling elite.

With the world's population increasing by an estimated 1 million more people each week for the next 38 years and more of humanity shifting from rural to urban living, cities across the world will be feeling squeezed very soon.

British taxpayers may take billion-pound hit if plans go ahead to sell off up to a third of stake in RBS to sovereign wealth investors in Abu Dhabi.

As heads of state gathered for talks, demonstrators chanted: No nukes Asia, no nukes Korea, No nukes [America], no nukes anywhere! Many cited the disaster at power plants hit by the March 2011 earthquake and tsunami in Japan as proof of nuclear power's inherent risks.

Royal Dutch Shell is struggling to pay off $1 billion that it owes Iran for crude oil because European Union and U.S. financial sanctions now make it almost impossible to process payments, industry sources said.

Abdullahi Yusuf Ahmed, the former president of Somalia and a controversial leader, dies at the age of 77.

UnitedHealth Group Inc. (NYSE:UNH), the biggest U.S. health insurer by revenue, said it was partnering with a Dubai-based insurance company to provide service throughout the Middle East. The announcement is further proof of an ongoing trend for U.S. health insurers, who are looking to expand internationally in the face of some business uncertainty at home.

GTA Motor returned triumphantly to the Geneva Motor Show 2012, where it launched what it’s calling the “definitive version” of its high performance GTA Spano supercar, which could be a significant competitor with established top-tier supercars.

War's shadow looms over the Strait of Hormuz, and for one company in Qatar, the disruption of shipping traffic of the Strait could very well mean the end of its business.