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Mike Hewitt/Getty Images The Dubal Mall at the Downtown Dubai complex Nov. 23. Soaring debt brings Dubai down to earth Don't be taken in: While the central bank of the United Arab Emirates stepped in Sunday to support local banks,...

According to media reports this year Asfandyar Wali preferred to celebrate Eid in Dubai instead of his hometown, Charsadda, along with the Pakhtuns and those who were injured in the recent blasts. Even Nawaz Sharif travelled all the way from...

Madras High Court has directed the officials of Central Board of Excise and Customs to put up notices at all airports and seaports listing commodities that are commonly used in India but are banned in the Middle East. Justice Prabha...

The freighter ANL Australia had already fired its engines for a 70-mile dash to Iran when customs agents here were alerted to a possible hidden cache of weapons on board. Inspectors from the United Arab Emirates quickly swarmed the ship...

C opper HG-FT steadied just above $7,000 (U.S.) a tonne on Wednesday after earlier hitting 14-month highs on upbeat Chinese and U.S. data and as fears eased about Dubai's debt problems. Copper for three-months delivery on the London Metal Exchange...

Investment interest spread across the board, with mid-caps and small-caps also posting major gains...Banks led the rise on the bourse, boosted by the favorable news about Dubai�s debt settlement, which helped all international markets post gains yesterday.

Work on the first phase of laying tracks on important roads has already begun. The tracks will all lead to Metro and will attract the environment-conscious citizens of Dubai who were not able to pedal their way to work for...

Many of Dubai's large expatriate population are anxious about their future after the shock news of the emirate's financial difficulties, revealed just before the long weekend of the Eid Al-Adha holiday. "My opinion is that things are going to be...