Asian stock markets mostly declined on Friday as investor sentiment remained cautious despite signs of progress in ceasefire talks related to the Middle East conflict. The weakness in regional mark...
US President Donald Trump said the ongoing conflict with Iran could come to an end soon, expressing confidence that the situation is moving in a positive direction. Speaking at an event in Las Vega...
Hotel revenues in the UAE rose 9.7% to approximately Dh49.21 billion in 2025, as the country’s tourism sector continued to expand across key performance indicators, the Ministry of Economy said. Th...
Oil prices slipped in Asian trading on Thursday, but traders said the decline reflects short-term positioning rather than a change in underlying supply risks tied to tensions in the Strait of Hormuz. ...
Oil prices extended losses on Tuesday amid growing expectations of renewed talks between the United States and Iran that could ease tensions in the Middle East. US crude futures fell 0.88% to $90.4...
The United States blockade of the Strait of Hormuz is increasing pressure not only on Iran but also on key Asian economies including China and India. The move is part of Washington’s broader effort...
The chief executive of Ford Motor Company has issued a strong warning over the growing threat posed by low-cost Chinese electric vehicles (EVs), cautioning that they could significantly impact the US ...
Venezuela and US energy giant Chevron have signed two major agreements aimed at expanding oil production in the country’s resource-rich Orinoco region, marking a significant step toward reviving the n...
Air Arabia has announced a partial resumption of flight operations to and from the UAE, marking a gradual return to normal services following recent disruptions. The airline confirmed that flights ...
A sharp escalation in maritime disruptions in the Strait of Hormuz has raised serious concerns over global energy security, with at least 22 ships attacked and nearly 800 vessels stranded, according t...
The UAE’s national instant payments platform, Aani, has surpassed 12.5 million users, reflecting the country’s accelerating transition toward a fully digital and cashless financial ecosystem. Opera...
Air Arabia has announced the partial resumption of its flight operations to and from the UAE, marking a steady return to normal travel schedules after recent disruptions impacted services. The low-...
Donald Trump has warned Iran against imposing fees on commercial vessels transiting the Strait of Hormuz, amid reports that Tehran may introduce toll charges for oil tankers. The White House said t...
US President Donald Trump has warned Iran against imposing transit fees on commercial vessels passing through the strategic Strait of Hormuz, amid reports that Tehran is considering charging tolls as ...
For many founders, the third year of business is quietly reassuring. The company has survived its most fragile phase. Revenue is consistent. Clients return. Cash is moving, even if imperfectly. From t...
Oil and gas production in the Middle East is expected to take months to recover despite a ceasefire, as logistical challenges and infrastructure damage continue to slow progress. Around 11 million ...
Dubai’s Islamic Affairs and Charitable Activities Department (IACAD) has signed an agreement with Emarat EV Charging Stations Company (UAEV) to install electric vehicle (EV) charging stations in mosqu...
Oil prices dropped sharply while Asian stock markets surged on Wednesday after the United States and Iran agreed to a two-week ceasefire, easing tensions in the region. The agreement includes the t...
Shareholders of Borouge Plc have approved a total dividend of $1.32 billion for the financial year 2025, reflecting the company’s strong performance and stable cash generation. The approval was con...
Airlines across Europe and global markets are cancelling flights, raising fares, and reducing routes as a worsening jet fuel crisis disrupts the aviation sector. The supply crunch is being driven b...
