Dubai / Emirates Business The region’s luxury sector is continuing to demonstrate resilience in spite of economic challenges, driven by investor recognition of many opportunities the current market landscape presents, UAE industry experts said. Record-low oil prices have had a ripple effect on global economies, however with growing private wealth in the GCC – reaching a cumulative USD 2.2 ...

  RITIKA SHARMA / Emirates Business There is a dire need of educating and motivating people to make sure they keep their safety as prime concern while driving, UAE experts emphasise. On the same lines, various technology and automobile companies in UAE are trying out innovative ideas like discounts on their rides for encouraging people to abide by the traffic ...

  Bloomberg Natural gas futures have soared since March on speculation that supplies are finally falling after a decade of gains. Production numbers tell a different story. Prices have gained 28 percent from a 17-year low in March, the biggest advance for the period since 2002, as investors including Greenlight Capital’s David Einhorn bet the market would put a dent ...