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Dubai inflation low in April despite rent hikeDubai's inflation remained muted in April compared to the previous month despite a jump in rents, data showed on Wednesday. Consumer price growth in Dubai, one of seven United Arab Emirates, started picking up in 2013 after a More… |
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BMW Group posts record April salesThe BMW Group has posted its most successful April worldwide sales with a total of 155,419 BMW, MINI and Rolls-Royce vehicles delivered, marking an increase of 6.8 per cent. Over the past four months the number of deliveries climb More… |
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Al Ramz UAE brokering hits nearly $600mUAE-based Al Ramz Securities, a leading financial services firm, posted its fourth consecutive month of market leadership by trading Dh2.2 billion ($598.8 million) in April to account for 9.86 per cent of national brokering. For t More… |
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US April jobs data to point to sluggish economyU.S. employment growth likely picked up in April, but probably not by enough to counter other signs that suggest the economy has lost a step in recent weeks. Nonfarm payrolls are expected to have increased by 145,000 jobs, accordi More… |
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Brent falls 7pc in April on economy woesBrent crude benchmark fell more than 7 percent during April, its biggest monthly decline in 11 months, hurt by economic indicators in recent weeks suggesting the global economy remains in a fragile state. Brent crude futures below More… |
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Global air travel up 7.4pc in AprilInternational air passenger traffic rose 7.4 per cent in April year-on-year, while freight traffic fell 4.5 per cent, the International Air Transport Association said on Wednesday. The number of passengers on international routes has risen More… |
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April warmer than normal say expertsApril was reported to be warmer than normal with the highest temperature recorded at nearly 40C, said Bahrain’s Civil Aviation Affairs Meteorological Directorate. The month registered below average wind speeds and relative rain More… |
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Iraq oil exports to hit 2.4m bpd in AprilIraq expects oil exports to reach more than 2.4 million barrels per day (bpd) in April and is planning to export 2.9 million bpd in 2013, its oil minister said on Wednesday. 'Hopefully for this month, we will export more than 2.4 milli More… |
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Christie’s art sales hit $6.4m in AprilChristie’s, an international company that offers art auctions and private sales to client, said that its April sales of Modern and Contemporary Arab, Iranian and Turkish art totaled $6.4 million. The sales were 92 per cent sold by value. T More… |
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Bahrain Grand Prix advanced to AprilThe FIA World Motor Sports Council has approved shifting Bahrain's 2012 Grand Prix from its originally scheduled date in October to April. Under the current schedule, the race will be held April 22. CEO of the Bahrain International More… |
