Business United Arab Emirates

  • A French Rafale fighter jet

    Reports that Brazil might follow India in purchasing the Rafale jetfighter from French plane maker Dassault Aviation will not only benefit to Dassault, but will also help electronics group Thales, Francois Mallet, managing director head of equity at Kepler Capital Markets said on Monday.

  • Bond auctions squeeze euro shorts and China signs a currency swap pact - it's time for your FX Fix.

  • Dubai

    Even the Gulf countries were not spared by the European and U.S. debt crisis. With unemployment figures estimated as high as 12 percent, the United Arab Emirates has lots of gaps to fill, Saqr Ghobash, the minister of labor for the UAE, told CNBC.com Tuesday.

  •  Qatar Puts Up Cash for Greek Bank Merger

    CNBC's Guy Johnson reports from Greece on the proposed merger between the country's second and third largest banks, Alpha Bank and Eurobank.

  • saudi_oil_200.jpg

    The UAE and Qatar markets are in focus as the highly anticipated MSCI decision on whether or not to upgrade these markets from ‘frontier’ to ‘emerging markets’ status was delayed until December of this year.

  • Souk Waqif at dusk Doha, Qatar.

    Part of the bet of investing in frontier markets is that they will eventually mature into emerging markets. And that may happen for a couple later this summer, analysts told CNBC.

  • Unrest in the Middle East has put investors on high alert as crude oil prices move seemingly with every development in the region. In order to understand the effect of those events on both US and global oil markets, a key figure to watch is the amount of crude oil 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 a daily basis. Production is d

    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 a daily basis.

  • Egyptian anti-government protesters celebrate at Cairo's Tahrir Square after president Hosni Mubarak stepped down.

    Officials say that trading on the Egypt stock exchange will resume on Sunday and will take measures to prevent a huge selloff as soon as the bourse reopens. It's unrealistic to think that those steps will prevent panic-selling, Yousef Gamal El-Din writes.

  • dubai_pocketsempty_200.jpg

    Dubai Holding, a conglomerate owned by the emirate’s ruler, is looking at options that could include restructuring $20bn in debt, possibly dealing another blow to investors, the Financial Times reports.

  • Google and China will resolve their differences over censorship and an alleged attack on Google's service "soon", Eric Schmidt, the Chief Executive of Google, told reporters in Abu Dhabi where he takes part in the emirate's first ever Media Summit.

  • The Burj Dubai towers in Dubai, United Arab Emirates.

    A faulty elevator was behind the shutdown of the observation deck on the world's tallest tower that effectively closed the half-mile-high Burj Khalifa to the public, witnesses and a Dubai rescue official said Tuesday.

  • signs_in_dubai_200.jpg

    By providing a $10 billion lifeline to Dubai on Monday, oil-rich Abu Dhabi has granted its debt-stricken neighbor a critical short-term reprieve from its creditors. But in doing so, it also appears determined to tighten the reins that Dubai has long resisted. The New York Times reports.

  • Abu Dhbai

    Investors are watching to see if Abu Dhabi will use its wealth to bail out Dubai, the deeply indebted emirate that shook world markets when it said last week that its chief investment arm, Dubai World, would not be able to pay its debts on time. The New York Times reports.

  • The Hotel Steigenberger 'Bellvedere' in Davos, Switzerland,

    It's not just what's heard, it's what's seen at the security check lines at Davos.

  • The United Arab Emirates would only increase oil production as part of a decision agreed by all of OPEC, Oil Minister Mohammed al-Hamli said on Wednesday, dashing faint hopes it might follow recent Saudi boosts.

  • Erin Burnett has been travelling the globe in search of the market movers of tomorrow.  So far she has been to Dubai, will be in Mumbai, India tomorrow and goes to London next week.  Here are some stats on the economies she has visited.

  • Boeing's Dreamliner 787.

    Airbus and Boeing ensured 2007 smashes all records for plane sales as deals announced at the Dubai air show neared $80 billion on Monday, powered by demand from Gulf Arab states.

  • Airbus and Boeing ensured 2007 smashes all records for plane sales as deals announced at the Dubai air show neared $80 billion on Monday, powered by demand from Gulf Arab states.

  • Owners of London-based The Big Bus, which runs hop-on hop-off tourist buses in the British capital, Baltimore and Dubai, sold a 30% stake to a Gulf Arab family, Abu Dhabi's Al Fahim Group said on Tuesday.