Former Thai Prime Minister Thaksin Shinawatra humbly urged the country's revered king on Thursday to help resolve Thailand's political rift, after a week in which two people died during anti-government protests.
Islamic banks will face a crisis scenario by the end of September that could include forced consolidation if liquidity does not return to the financial sector, a leading banker said on Monday.
Islamic finance is slowing as the global financial crisis hits its hubs in Malaysia and the Gulf, but the sector now has a chance to move on to Western economies seeking to boost their financial centers.
Somali pirates are on the run and the international community must do more to trace the money trail to find their backers, the U.N. envoy to Somalia said on Thursday.
London bankers' mighty pay has fallen from the highest level among global financial centers to the lowest, with Wall Street financiers grabbing the top spot, a poll showed on Sunday.
Things are getting tense at Japanese brokerage Nomura Holdings .
Daimler shored up its capital base and secured Abu Dhabi as a friendly investor in a deal some analysts said revealed how tough the auto industry crisis was proving for the luxury German group.
There is a gaping hole where one of the world's tallest buildings is supposed to go up.
Syria President Bashar al-Assad said in an interview published on Monday that a peace deal with Israel was possible but that normal relations would only be possible if Israel ended its conflict with the Palestinians.
Top mixologists from Beijing to the Big Easy are drawing thirsty crowds—and giving new cachet to hotels...
Capital Gate in Abu Dhabi is set to enter the Guinness Book of Records as the 'world's most inclined tower.' It will lean 4 times as far as Leaning Tower of Pisa.
It has spectacular beaches but is not Australia; it is one of the world’s most secure destinations but is not Singapore; it has opulent city hotels and superb beachside resorts but is neither Jakarta nor Bali. It has world class shopping but is not Hong Kong.
President Barack Obama outlined his approach to pressing issues in the Middle East in a late Monday television interview, pledging that he would reach out to Muslims.
Dubai is becoming a key part of top business school recruitment strategies, according to the world’s largest series of international MBA and Executive MBA fairs.
Known as The Palm or Dubai's man-made island, the largest in the world, located on Dubai, UAE which major commercial and residential structure will be constructed.
High oil and natural gas prices pushed ConocoPhillips' first-quarter profits up 17 percent, the Houston-based company said today on Thursday.
Lenovo Group, the world's fourth-largest computer maker, is planning to expand its PC market outside Asia, including the Middle East and Turkey.
Commodity OnlineDUBAI: Dubai, the Asian hub for major trading in gold, is gearing up to host sixth annual Dubai City of Gold Conference. The conference will take place between April 12th and 13th at the Park Hyatt, Dubai.
By Jon NadlerSilver lost another $1.48 or 8.5%, falling to $16.94 per ounce. Platinum dropped $39 to $1865.00 per ounce and palladium lost $18 to $438.00 as the entire complex was battered by the freefall in gold
Commodity OnlineDUBAI: The Dubai Mercantile Exchange Limited (DME) has announced the trading and processing schedule for Good Friday, 2008, as outlined below (all references to the time are expressed on a twenty four hour clock and refer to the time in New York):
The weak dollar is bringing western art abroad
Citigroup, the largest U.S. bank, may need more capital from outside investors despite raising billions of dollars after reporting large write-downs related to bad investments in the U.S. subprime mortgage market, the CEO of Gulf state firm Dubai International Capital LLC said Tuesday, according to a report.
