Bloomberg Instead of an orderly burial, the wind-down of an Austrian bank is turning into a scene from The Walking Dead. Seven years on from the bailout of Hypo Alpe Aldria Bank, private investors and politicians are still at loggerheads over who should foot the bill. While Hypo Group itself is no more, Heta, the “bad bank” designed to wind ...

Dubai / WAM Retailing in the UAE is expected to reach AED 200 billion by 2017, growing by a 5% on average each year, according to an analysis by the Dubai Chamber of Commerce and Industry. Consumer spending is also expected to continue rising in the medium-term, with growth rates projected to stabilize at about 4% on average per year ...

Sunaina Rana / Emirates Business As the Emirates is heading to the new high-tech world with smart cities, smart homes and now new ViP (Vehicle Identification Pass) technology gas stations. The new innovative technology comes with secured electronic chip that will be placed on top of the fuel tank gasket of the vehicle. After the chip is installed and activated, ...