Economy



Turkish delegates in talks to boost trade with Sharjah

A delegation of Independent Industrialists and Businessmen Association (MUSIAD) from Turkey held a meeting with Saud Salim Al Mazrouei, director of Hamiryah Free Zone Authority (HFZA) and Sharjah Airp








Dubai airport passenger traffic jumps to record high

DUBAI: Passenger traffic through Dubai's main airport jumped an annual 10.8 percent to a record 6.6 million people in August as the hub returned to its full capacity after a runway upgrade, operator D



National Bank of Oman picks banks for bond sale

DUBAI: National Bank of Oman, the sultanate's second-largest lender by assets, has picked four banks for a potential US dollar-denominated benchmark bond issue, a document from arranging banks said on



Dubai housing costs soar to Manhattan peaks

DUBAI: An economic rebound has catapulted house prices and rents in Dubai to Manhattan-like peaks, the Gulf emirate’s top property website says, forcing increasing numbers of residents to move to its



Total to sell more assets, slashes oil output target

LONDON: French oil company Total is to sell more assets and cut costs to generate more cash and is to revamp exploration plans after reducing its oil production target.

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