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Meraas unit says IPO offer 'many times oversubscribed'
Markets»

Meraas unit says IPO offer 'many times oversubscribed'

Dubai Parks and Resorts, which is developing entertainment hub in the emirate, reports strong demand for portion on offer to institutional investors

Markets»

Billions wiped off energy shares as investors rush for exit

Fund managers describe the last 24 hours of trading as 'capitulation' after losses of $33bn

Commodities»

"We have to live either $80 or with $60," says Kuwait oil minister

Oil prices fall to 4-year lows as OPEC production cut looks unlikely

Markets»

UAE regulator expects five firms on secondary market by mid-2015

New platform aims to encourage many private companies, inclukding family-owned firms, to trade their shares

Top Gainers

COMPANY   PRICE CHANGE % CHANGE
AD AVIATION 0.45 14.71 %
UNION CEMENT 0.14 10.85 %
FINANCE HOUSE 0.29 7.65 %
METHAQ 0.07 7.61 %
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Top Losers

COMPANY   PRICE CHANGE % CHANGE
BUHAIRA NAT INS -0.32 -9.88 %
AD SHIPBLDG CO. -0.19 -8.26 %
GULF PHARM IND -0.10 -3.45 %
GULF CEMENT CO -0.04 -2.94 %
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SILVER 15.53 0.07
PLATINUM 1,202.02 0.48
PALLADIUM 810.30 2.15
ICE BRENT CRUDE 72.58 0.00
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Opinion » Opinion RSS

Property pirates

Property pirates

Many developers are so focused on their future gains that they don’t realise that the future cannot benefit them if they neglect the present, says Mishal Kanoo

Time for big nations to declare war on FIFA

Time for big nations to declare war on FIFA

Without top-tier sponsors, the long and painful reign of Sepp Blatter and his cronies may finally be coming to an end, says Anil Bhoyrul

Malls, malls, malls… what on earth is a man supposed to do?

Malls, malls, malls… what on earth is a man supposed to do?

Handbags, jewellery, lingerie and even toys; why a trip to your local shopping mall spells bad news for the male population

18

Why Dubai should consider removing the rent cap

Why Dubai should consider removing the rent cap

Property prices in Dubai seem to be fairly stable, and it may be time to rethink the need for the rent cap.

24

A decade to forget for the Dubai Pearl

A decade to forget for the Dubai Pearl

Omnix Holdings started work in 2004 on what it said was set to be one of the largest construction projects on the planet

8

Focus: The tough questions facing Saudi Arabia's economy

Focus: The tough questions facing Saudi Arabia's economy

The kingdom has vast oil reserves but changing local and region issues are presenting it will some major challenges

Interviews »

Fighting talk: Mohammed Mahfoodh Al Ardhi

Fighting talk: Mohammed Mahfoodh Al Ardhi

Mohammed Mahfoodh Al Ardhi got his early training as a fighter pilot and recently...

Theo Paphitis: Why I left Dragon’s Den

Theo Paphitis: Why I left Dragon’s Den

We sit with the business mogul who shares with us his best entrepreneurial advice...

Features & Analysis

Jihadi wave tests Tunisia’s young democracy

Jihadi wave tests Tunisia’s young democracy

A major source of fighters in Syria and Iraq, Tunisia’s political transition has...

Why PE's back in vogue in the Middle East

Why PE's back in vogue in the Middle East

Confidence is returning to the Gulf’s private equity market after local investors...

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Revealed: Winners of 2nd Arabian Business StartUp Awards

Revealed: Winners of 2nd Arabian Business StartUp Awards

The event highlights the biggest achievers and self-starters within the UAE’s growing start...

6 tips to fast track your career

6 tips to fast track your career

Quick and simple tools can make the biggest differences

Live blog: The 11th annual Arabian Business Forum

Live blog: The 11th annual Arabian Business Forum

Live updates from today's event, with speakers including BBC broadcaster Andrew Neil, Etihad...

Gaza “hero” doctor honoured by Arabian Business

Gaza “hero” doctor honoured by Arabian Business

Dr David Nott takes top prize at awards ceremony

Winners of the Arabian Business Achievement Awards 2014

This year's top winners from across a variety of business sectors

InPicture: Fourth Arabian Business Women's Forum

The one-day event is examining the role of women working in the Arab world, the challenges...

Debate: Is it women, not men, maintaining the glass ceiling?

Debate: Is it women, not men, maintaining the glass ceiling?

Women in male-dominated professions are on the rise, but concerns over equality still persist...

"Women are the next growth market," but face confidence issues, says forum

4th Arabian Business Women Forum kicks off discussing leadership issues facing women in the...

Sheikh Mohammed's son signs up for UAE national service

Sheikh Mohammed's son signs up for UAE national service

"It is an honour before it is a duty," said Sheikh Ahmed bin Mohammed Al Maktoum

Most Discussed
This Week's Magazine »

Cover Story 5

The fragile finances of Formula One
By this time next year, five of the current 11 Formula One teams will probably be out of business. It’s now not a question of if it will happen but merely when it will happen. Marussia and Caterham have already gone and the Sauber, Lotus and Force India teams seem ready to join them. So in 12 months time there could be just six teams left on the grid, all forced to run three-car teams to maintain the semblance of a show. That is the harsh truth that spells out the finances of Formula One today.

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