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Oman Seeks to Raise $6 Billion for Aviation Industry Expansion

(Bloomberg) -- Oman Aviation Group is seeking about $6 billion to fund the building of new airports and an expansion of the national airline. The state-owned...
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Dubai’s Biggest Islamic Bank Weighs Acquiring Local Rival

(Bloomberg) -- Dubai Islamic Bank is weighing a possible acquisition of smaller rival Noor Bank as the United Arab Emirates’ biggest Islamic lender seeks ways...
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Four Seasons Adds New Airbus for $147,000-a-Seat Private Flights

Four Seasons Hotels & Resorts announced on Tuesday that it’s in the process of converting another private jet to its fleet in 2021, to replace the...
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Beware of Economic Ideas Born Outside Ivory Tower

(Bloomberg Opinion) -- How can you know if a macroeconomic theory is a good one? The answer is that it’s surprisingly hard. Because macroeconomics doesn’t...
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Selfie Deaths Are Like Stock-Market Crashes

(Bloomberg Opinion) -- Today’s missive covers three of our favorite subjects: innumeracy, psychology and investing. It comes to us courtesy of an article in Outside...
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Saudis Pledge to Ensure Oil Supply if Iran Exports Collapse

(Bloomberg) -- Saudi Arabia will coordinate with other crude producers to ensure that adequate supplies are available and the market “does not go out of...
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Nabil Foods Undergoing Seismic Digital Transformation Shift: CEO

Nabil Foods CEO, Ahmed Sallakh talks to Business Live Middle East about the company’s journey in the regional and international markets, their digital transformation...
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Carlos Ghosn Indicted on New Charges

(Bloomberg) -- Carlos Ghosn was indicted on new charges of misdirecting company money for his personal use, the most serious allegations yet against the...
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Dubai Counting on Retail, Tourism to Break Out of Economic Funk

(Bloomberg) -- Dubai is looking to retail and tourism to break free of its weakest economic expansion in almost a decade. Growth in the city’s gross...
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Future of Democracy is Literally in India’s Hands

(Bloomberg Opinion) -- “On or about December 1910, human character changed,” the English novelist Virginia Woolf once wrote. It’s no exaggeration to say that...
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