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© SK Hynix Profit Soars 158% on AI Chip Boom, But Warns of Demand Volatility

SK Hynix Profit Soars 158% on AI Chip Boom, But Warns of Demand Volatility

South Korea’s SK Hynix reported a 158% year-on-year surge in operating profit for the March quarter, driven by booming demand for its high bandwidth memory (HBM) used in artificial intelligence chipse...

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© Airbus Signs $666M Titanium Supply Deal with Saudi Arabia as Part of Jet Order

Airbus Signs $666M Titanium Supply Deal with Saudi Arabia as Part of Jet Order

European aerospace giant Airbus SE has struck a major deal with Saudi Arabia to source $666 million worth of titanium, aligning with a broader agreement that includes an aircraft purchase by the Kingd...

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© UAE Residents Cancel Kashmir Holidays Amid Pahalgam Terror Attack Fears

UAE Residents Cancel Kashmir Holidays Amid Pahalgam Terror Attack Fears

Scores of UAE residents are calling off their planned holidays to Kashmir following the deadly terror attacks in Pahalgam, travel industry insiders have confirmed. The Tuesday attack, which targeted t...

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© Gold Prices in Dubai Jump Nearly Dh7 — Crucial Days Ahead as Akshaya Trithiya Nears

Gold Prices in Dubai Jump Nearly Dh7 — Crucial Days Ahead as Akshaya Trithiya Nears

Gold prices in Dubai staged a sharp rebound early Thursday, ending a three-day streak of declines and surprising shoppers who were hoping for continued relief. The price of 22K gold rose to Dh374.75 p...

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© How UAE Free Zone Firms Can Capitalize on 0% Corporate Tax

How UAE Free Zone Firms Can Capitalize on 0% Corporate Tax

The UAE’s introduction of corporate tax marked a significant shift in the business landscape. However, free zones continue to offer a compelling advantage for qualifying businesses, providing a 0% cor...

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© Dubai Gold Price Drops by Dh10: Relief for Shoppers, but What’s Next?

Dubai Gold Price Drops by Dh10: Relief for Shoppers, but What’s Next?

Gold shoppers in the UAE are breathing a sigh of relief as the price of 22K gold in Dubai has dropped by Dh10, going from a peak of Dh388 per gram to Dh377.75 in just 24 hours. But will this price dro...

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© UAE’s Rotana Hotels Bets on Saudi Arabia and Africa for Future Growth Amid Global Uncertainty

UAE’s Rotana Hotels Bets on Saudi Arabia and Africa for Future Growth Amid Global Uncertainty

Despite global economic uncertainty, Abu Dhabi-based Rotana Hotels is positioning itself for significant growth in the coming years. With an ambitious expansion strategy, the company is focusing on re...

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© Historic Surge: Gold Soars Past $3,400 as Dollar Hits New Low

Historic Surge: Gold Soars Past $3,400 as Dollar Hits New Low

Gold prices surged to an all-time high on Monday, breaching the $3,400 per ounce mark for the first time in history, as renewed pressure on the U.S. dollar, political instability, and global trade ten...

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© Emirates NBD Crosses Dh1 Trillion Balance Sheet in Q1 2025, Driven by Overseas Growth

Emirates NBD Crosses Dh1 Trillion Balance Sheet in Q1 2025, Driven by Overseas Growth

Emirates NBD, one of the UAE's leading banking institutions, has achieved a historic milestone by crossing the Dh1 trillion mark on its balance sheet during the first quarter of 2025, underpinned by s...

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© Dubai Gold Prices Near Dh400 per Gram for 22K as Market Hits Fresh Records

Dubai Gold Prices Near Dh400 per Gram for 22K as Market Hits Fresh Records

The surge in global gold prices is pushing Dubai’s local rate for 22K gold closer to the symbolic Dh400 mark, following a sharp rise that has stunned both traders and shoppers across the UAE. As of Tu...

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