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Forex 19 Oct 2020 | 7:00 AM

Gulf currency pegs offer silver lining in era of weaker dollar

DUBAI: More than a decade ago, Gulf Arab nations struggled to preserve their currency pegs as the US dollar went into retreat. This time, the link to a sliding greenback may give reassurance.

Energy 06 Oct 2020 | 7:00 AM

Jet fuel margins hit two-month highs

SINGAPORE: Asian refineries’ profit margins for jet fuel have hit their highest levels in two months as demand for heating oil kerosene picked up before North Asia’s winter, but analysts do not expect margins to fully recover until the coronavirus-hit aviation sector is back to normal.

Business 22 Sep 2020 | 4:57 PM

Creditors take action against UAE's Al Jaber in decade-long saga

DUBAI: Creditors have started to enforce claims against Abu Dhabi-based Al Jaber Group, in a dispute triggered by a construction downturn in the United Arab Emirates more than a decade ago.