Topic: United Arab Emirates

Emirates Airlines reported a 72 percent drop in 2011 earnings on Thursday, with rocketing fuel prices cutting into profits.

In April, the HSBC UAE Purchasing Managers' Index rose to 53.5, the highest level since June 2011. The one-point increase is the strongest monthly gain since October of last year.

To understand the effect that events have  on global oil markets a key figure to watch is the amount of crude produced daily in each country. With data from the Energy Information Administration (EIA), a division of the Department of Energy, CNBC.com took a look at the countries that produce the most crude oil on that basis. (Production is defined as extraction from the Earth’s crust, prior to the refining process.)

About 20 jailed foreign businessmen have gone on hunger strike in Dubai to protest against lengthy sentences for writing checks that bounced, a criminal offence in the United Arab Emirates.

As drivers and teams prepare to travel to the Kingdom of Bahrain for the fourth race of the season, protests in the capital Manama reflect a political situation that is far from resolved. And it isn’t the first time Formula 1 has courted international condemnation in order to keep its racing schedule.

Dubai’s chief of police has thrust himself into a regional controversy, becoming the voice of Emirati opposition to the rising power of Islamists in the Arab world. The Financial Times reports.

European Central Bank liquidity measures are spurring investment in the Middle East, the head of an Abu Dhabi-based foreign exchange and commodities trading firm told CNBC Wednesday.

New information suggests that Iran’s oil production may not have fallen as much as other industry reports have speculated. The latest publication of data by the Joint Organizations Data Initiative (JODI) published on Sunday showed Iran produced 3.72 million barrels per day in January, marking the highest output since December 2008.

The 13th International Energy Forum (IEF) kicks off on Tuesday in Kuwait City, bringing to the table energy ministers from 88 countries around the world representing some 90 percent of global supply and demand

The Brookings Institution analyzed the financial data of the world’s largest metropolitan areas. They defined "productivity" as gross domestic product on a per-job basis, and uncovered some interesting findings. Read ahead to see which were the most productive cities.

President Barack Obama hopes the toughest sanctions ever imposed on Iran will squeeze its oil exports - all without scaring markets, crimping growth, impoverishing ordinary Iranians or antagonizing allies.

Struggling British lender Lloyds Banking Group is in talks to dispose of its operations in the United Arab Emirates, with Abu Dhabi Commercial Bank emerging as the frontrunner to pick up the business, sources told Reuters on Monday.