Eat Out From £5

Dow to sue after Kuwait pulls out of deal

America's biggest chemical company announces that it will take legal action after failure of $17.4 billion joint venture

Doubts grow in Omaha

There might be a touch of anxiety in Omaha over the future of Dow Chemical’s $15 billion agreement to buy Rohm & Haas

Kuwait move threatens Dow expansion

Shares in Dow Chemical plunged by 20% as investors reeled from Kuwait’s surprise decision to scrap plans for joint venture

Opec set for biggest ever cut to oil supplies

Oil cartel's biggest producers to support cut in production as Opec seeks to defend price against further falls

Opec poised for record cut in output

Cartel expected to cut production as it struggles to defend the price of oil against further falls amid a global supply glut

Dubai International Capital looks east

Gulf investment fund says that it is turning away from Western acquisitions to concentrate on local and emerging markets

New money on tap as emirates builders feel sting

A government-backed mortgage company is launched in Abu Dhabi to revive the property market of the United Arab Emirates

Dubai lifts veil of secrecy to assuage fears

Member of executive council announces borrowing figures and other key economic numbers after jitters about stability

Dubai: a gold-plated downturn

This city-state is home to 20 per cent of the world's cranes, with no visible signs of the construction boom slowing

London bankers fly in to help Dubai rescue

Goldman Sachs and Morgan Stanley are among the banks in talks about the restructuring of Dubai's financial services sector

Dubai and the true value of brotherly love

The desert 'oasis of prosperity' that was the emirate of Dubai is looking increasingly like a mirage in a turbulent world

A land of golden sands and golden opportunities

‘I’ve seen the desert transform into all the stuff you see here. It’s a pretty amazing place,’ Sol Kerzner tells Sonia Verma

Is Dubai’s property market in trouble?

Dubai’s property boom, which has fuelled double-digit growth for five years, is now showing signs of turning to bust

Brown heads to Gulf for cash to aid Britain

Prime Minister to lead 27 senior business leaders on a mission to attract further Gulf investment in British companies

Warzone where oil prospects outweigh risks

Small exploration companies are having a field day in Iraq where the promise of untapped reserves is driving exploration

Kurdistan villagers see flame of hope

Locals hope gas plant, which will supply electricity generators, will help to bring an end to the blight of power cuts

Opec mulls production cuts as oil price falls

Oil producers will discuss output cuts at a crisis meeting in Vienna to counter price falls of 46 per cent since July

Opec's weakest must follow Saudis

Oil-producing countries prepare to meet in Vienna, but those trying to push prices back up are likely to be disappointed