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Dubai, Abu Dhabi among world’s costliest cities

  Dubai / Emirates Business Dubai and Abu Dhabi have been ranked the most expensive cities to live in across the Middle East, according to Mercer’s 2016 Cost of Living Survey. The global rankings see Dubai as the 21st most expensive city in the world, a rise of two places in comparison to last year, with Abu Dhabi, 25th in ...

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Etihad Airways bags Adam Smith accolades

  Dubai / Emirates Business Following a string of recent awards for its funding activities and treasury practice, Etihad Airways swept top honours at the Treasury Today Adam Smith Awards in London. Etihad Airways’ treasury team collected the highest honour, winning the Top Treasury Team Award for overall excellence. The team also picked up the awards for Best Financing Solution ...

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Stocks climb with pound before EU exit vote as Italian bonds gain

  BLOOMBERG Global equities advanced and the pound strengthened toward a five-month high a day before Britons vote on membership in the European Union. Italian and Spanish government bonds rose. The MSCI All-Country World Index gained for a fourth day as bookmakers’ odds implied there’s only about a one-in-four chance that Britons will opt to leave the EU in Thursday’s ...

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