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© China's DeepSeek Plans AI Agent Launch Amid Heightening International Competition

China's DeepSeek Plans AI Agent Launch Amid Heightening International Competition

Dubai — Chinese startup DeepSeek is poised to launch a next-generation artificial intelligence agent later this year, laying the groundwork for a new chapter in the international race for autonomous A...

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© Philippines Delays Land Lease of Foreign Investors to 99 Years

Philippines Delays Land Lease of Foreign Investors to 99 Years

Manila — The Philippines has ratified a historic step permitting foreign investors to lease land up to 99 years, well above the existing limit, as the government makes efforts to secure long-term capi...

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© Google Market Cap Reaches $2.77 Trillion Following Court Victory

Google Market Cap Reaches $2.77 Trillion Following Court Victory

Alphabet, the parent company of Google, has gained $250 billion in market value in the last five days of trading and reached a market capitalisation of $2.77 trillion on September 4, 2025, based on NA...

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© Apple Market Capitalization Climbs to $3.53 Trillion Following Court Decision

Apple Market Capitalization Climbs to $3.53 Trillion Following Court Decision

Apple's market cap hit $3.53 trillion on Thursday after an American court permitted the firm to proceed with its lucrative search agreement with Google. The ruling boosted investors' confidence, pushi...

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© Abu Dhabi’s G42 to Sell $100 Million Stake in Presight AI

Abu Dhabi’s G42 to Sell $100 Million Stake in Presight AI

Abu Dhabi — UAE technology group G42 will sell a 2% stake in Presight AI Holding Plc through an accelerated bookbuild, raising about $100 million to expand the stock’s free float and attract more glob...

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© Dubai Gold Rate Falls Dh4 from Record Levels as Global Prices Relax

Dubai Gold Rate Falls Dh4 from Record Levels as Global Prices Relax

Dubai — Dubai gold prices fell on Thursday, following a global retreat from record levels. The price of 22-karat eased by Dh4 to Dh393 per gram from its previous high of Dh397....

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© UAE Banks' Profits to Increase in 2025, Says Moody's Returns Will Remain Under Pressure

UAE Banks' Profits to Increase in 2025, Says Moody's Returns Will Remain Under Pressure

Dubai — The UAE's big banks are expected to report improved profits in 2025, but returns on assets will continue to remain under pressure, Moody's Ratings has warned....

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© Etihad Airways CEO Antonoaldo Neves Reveals Airline Is Completely IPO-Ready but Listing Will Be Subject to Shareholder Choice

Etihad Airways CEO Antonoaldo Neves Reveals Airline Is Completely IPO-Ready but Listing Will Be Subject to Shareholder Choice

Abu Dhabi — Etihad Airways is poised to issue an initial public offering (IPO) at any moment, but the decision will be subject to a choice by its shareholder, CEO Antonoaldo Neves declared on Tuesday....

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© Gold Soars Past $3,500 to Hit Record High on Rate-Cut Bets

Gold Soars Past $3,500 to Hit Record High on Rate-Cut Bets

Gold prices surged to an all-time high on Tuesday, breaking through the $3,500 mark as investors bet heavily on imminent US Federal Reserve rate cuts. The rally underscores gold’s role as a go-to have...

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© Buy Shares in Dubai Property and Get Rental Returns in Advance

Buy Shares in Dubai Property and Get Rental Returns in Advance

Investors in Dubai’s property market now have a new way to boost liquidity. Prypco Blocks, a fractional property ownership platform, has launched an offer where buyers of rented properties receive the...

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© Dubai Launches Digital Licensing System for Airport Security Screeners

Dubai Launches Digital Licensing System for Airport Security Screeners

Dubai – The Dubai Civil Aviation Authority (DCAA), in partnership with Dubai Police, has launched a new Digital Security Screener Licensing System aimed at enhancing airport security and aligning with...

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© UAE Minister Hails $37.6b Trade Growth with India in H1 2025

UAE Minister Hails $37.6b Trade Growth with India in H1 2025

Mumbai – The UAE’s Minister of Foreign Trade, Dr. Thani bin Ahmed Al Zeyoudi, has reaffirmed the growing strength of UAE–India economic relations, highlighting a $37.6 billion surge in non-oil trade d...

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© U.S. Appeals Court Strikes Down Most Trump Tariffs, Citing Lack of Authority

U.S. Appeals Court Strikes Down Most Trump Tariffs, Citing Lack of Authority

A federal appeals court on Friday ruled that most of former President Donald Trump’s global tariffs are illegal, delivering a significant setback to one of his signature trade policies....

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© Applying for a US visa? 6 changes UAE applicants must look out for in 2025

Applying for a US visa? 6 changes UAE applicants must look out for in 2025

Dubai — UAE residents applying for a US visa will face stricter requirements starting September as the US Department of State rolls back pandemic-era relaxations. The Trump administration says the cha...

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© ADNOC to Sell 3% Stake in ADNOC L&S to Boost Market Liquidity

ADNOC to Sell 3% Stake in ADNOC L&S to Boost Market Liquidity

Abu Dhabi : The Abu Dhabi National Oil Company (ADNOC) announced plans to sell a 3 per cent stake in its logistics and services arm, ADNOC L&S. The offering includes up to 222 million shares for insti...

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© Sharjah Airport Welcomes Fly Cham Flights From Syria

Sharjah Airport Welcomes Fly Cham Flights From Syria

Sharjah : Sharjah Airport has welcomed Fly Cham, the Syrian airline, as part of its network. The carrier began operations on Thursday with flights from Damascus and Aleppo....

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© Philippines Clears Aramco Asia’s 25% Stake Acquisition in Unioil

Philippines Clears Aramco Asia’s 25% Stake Acquisition in Unioil

Manila — The Philippine Competition Commission (PCC) has approved the acquisition by Aramco Asia Singapore Pte. Ltd. of a 25% stake in Unioil Petroleum Philippines, Inc. and Unioil Energy Pte. Ltd., c...

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© UAE Gold Shoppers Turn to Light 22K Jewellery as Prices Stay High

UAE Gold Shoppers Turn to Light 22K Jewellery as Prices Stay High

Dubai — Gold shoppers in the UAE are increasingly turning to lighter 22K jewellery pieces as prices continue to remain elevated at Dh377 a gram. With forecasts suggesting further increases, retailers...

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© Dubai’s Shuaa Capital Names New CEO as Restructuring Wraps Up

Dubai’s Shuaa Capital Names New CEO as Restructuring Wraps Up

Dubai — Shuaa Capital has appointed Nabil Al Rantisi as its new Group CEO effective September 1, as the Dubai investment firm nears the end of its corporate and financial restructuring....

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© Indian Businesses Speed Up UAE Shift as 50% US Tariffs Take Effect

Indian Businesses Speed Up UAE Shift as 50% US Tariffs Take Effect

Dubai — Indian exporters are rushing to set up production hubs in the UAE after the US doubled tariffs on Indian goods to 50 percent....

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