A birthday cake loaded with diamonds and hand-sculpted fondant just smashed the record for the most expensive dessert.
Faced with what they see as stonewalling in Malaysia, 1MDB critics are going global, prodding foreign agencies to probe allegations. The New York Times reports.
A high-profile Abu Dhabi investment fund is investigating an apparent $1.4 billion mismatch in its dealings with 1MDB, the FT reports.
Cheniere Energy's top brass expects the price of black gold to head much higher in the medium-term.
Businesses are missing out by not capitalizing on the growing Islamic population and offering more halal products, suggests research.
Analysts say oil market fundamentals are very bearish, and it would not be surprising to see crude take a temporary dive into the $30s per barrel in the next several months.
An Iran nuclear deal could mean a possible arms race in the Middle East——or improved relations between historic enemies, experts say.
In a world first, the oil-rich Emirates state of Dubai has announced plans to construct an entire office complex using 3-D printing.
The conflict in Ukraine has sparked interest in an Estonian company's lightweight, pre-fab bomb shelters.
Qatar losing the right to host the FIFA World Cup is “within the realm of possibility,” Citi bank has said, with Wednesday’s arrests “bearish” for the Arab emirate’s banks.
Etihad Airways on Thursday answered U.S. airlines' claims that the Abu Dhabi-based carrier benefits from subsidies.
Indonesia has imposed a ban on any more of its domestic helpers from working in 21 Middle Eastern countries, but will the move backfire?
Mohshin Aziz, aviation analyst at Maybank Investment Bank, discusses the allegations by the U.S. airlines that the Persian Gulf carriers received subsidies worth $42 billion since 2004.
A photographer in Dubai dropped his iPhone from the roof of a 40-story high building. See what happened.
The industries that will most immediately benefit are those that have been hit by sanctions meant to bring Iran to the negotiating table.
David Greene, head of dealing at AFEX Australia, says the cable will likely focus on political risks, with the U.K. set to hold its general election on May 7.
An analysis shows ISIS is the world's richest terror group, owing to a nearly $400 million raid on an Iraqi bank in 2014, NBC reports.
CNBC's Jim Cramer said Tuesday that countries around the world, including China and India, are starting to benefit from oil's price plummet.
Russ Bendel, CEO of Habit Restaurants, says it hopes to open up to 28 stores in the U.S. in 2015, while the Middle East could see up to 50 chains in the next 7 years.
The head of OPEC said on Sunday the group had no target price for oil, and urged Gulf states to continue investing in exploration and production.