Qatar debt rating downgraded by S&P as riyal hits 11-year low

DUBAI Standard & Poor's downgraded Qatar's debt on Wednesday as the riyal currency fell to an 11-year low amid signs that portfolio investment funds were flowing out of ... which banks use to hedge against the risk of future moves in the spot rate, the ... ( read original story ...)

Terrorist financing at heart of Qatar crisis, says UAE minister

DUBAI Financial support for jihadists across the Middle East lies at the heart of Arab powers' row with neighboring Qatar, an Emirati minister said on Wednesday, identifying three individuals his government wanted Doha to rein in. Saudi Arabia, Egypt ... ( read original story ...)

Emaar to offer 30 percent realty business in IPO on DFM

Significant gain seen for Emaar Properties shareholders as the global real estate company on Wednesday announced plans to list its UAE Real Estate development business on the Dubai Financial Market (DFM). The IPO will be the largest since the Emaar Malls ... ( read original story ...)

Emaar to IPO real estate business in Dubai

RELATED ARTICLES: Emaar launches virtual tours of its hotels in Dubai | Video: Emaar's The Tower completes excavation work | Dubai Ruler visits Emaar’s The Tower ahead of pile capping Emaar Properties has announced plans to list its UAE Real Estate ... ( read original story ...)

Man cleared of embezzling Dh4m from Finance Ministry

Dubai: An accountant has been cleared of committing electronic fraud and embezzling Dh4 million from the UAE’s Finance Ministry after forging 453 e-dirham transactions. The 30-year-old Sudanese accountant, who worked for an outsourced company that deals ... ( read original story ...)

Emaar to IPO real estate development business in Dubai

DUBAI Emaar Properties EMAR.DU, the builder of the world's tallest tower, plans to offer up to 30 percent of its United Arab Emirates real estate development business in what would be the first listing on the Dubai exchange in two and a half years. ( read original story ...)