The outflow from US equity funds this year has been the biggest since 2008, relative to the flood of money into cash and bonds, according to Goldman Sachs Group Inc. That still leaves cash exposures “near historical lows,” according to Goldman strategists led by David Kostin. At 12 per cent, the aggregate allocation to cash […]

Sharjah: The fifth edition of the Sharjah FDI Forum will begin on November 11 carrying the theme, ‘Future Trends in Foreign Direct Investment’. Held under the patronage of His Highness Sheikh Dr. Sultan bin Muhammad Al Qasimi, Member of the Supreme Council and Ruler of Sharjah, and organised by the Sharjah FDI Office (invest in […]

The clarification came after a Twitter user posted a video of the device.

Iran economy contracted 4.8 per cent last year and it will slip deeper into the recession this year.

Abu Dhabi billionaire Bavaguthu Raghuram Shetty, the founder of two London-listed companies, is considering selling shares in his pharmaceuticals business. ‘It makes sense to take it down this path where an IPO as an option is a good thing,’ said Binay Shetty, chief executive officer of BRS Ventures. Work on the potential share sale in […]

Under-Secretary of the Judicial Department hails role of new court, says dispute would previously have been heard over 180 days

The mother noticed bruises around the boy’s neck and realised he had been playing with his friends.

Emaar chairman Mohamed Alabbar laughs off Damac comments, saying he is focused on growth

Dubai Financial Market says move to establish the Shari’a Index is part of efforts to establish Dubai as the world’s capital of Islamic economy