Dubai / Emirates Business While the property market appears to be simultaneously booming and crashing, depending on which statistic you follow, or which article you read, one source reports a remarkable increase in the property market arena. compareit4me.com, the region’s leading finance comparison site, has confirmed that mortgage enquiries have rocketed from January 2015 to April 2016. According to …

  REUTERS Iran signed a Memorandum of Understanding (MoU) with Russia’s Zarubezhneft recently for a feasibility study on two joint fields in the west of the country, according to oil ministry news agency SHANA. It is the latest of several MoUs the ministry has signed since the lifting of international sanctions on Tehran in January. Countries seeking long-term oil cooperation …

  REUTERS National Bank of Oman (NBO), the sultanate’s third-largest lender by assets, beat analysts’ expectations on Thursday despite posting flat growth in second-quarter net profit, according to Reuters calculations. The lender made a net profit of 15.46 million rials ($40.2 million) in the three months to June 30, Reuters calculated based on previous financial statements in lieu of a …