China’s manufacturing sector showed unexpected signs of growth in June, according to the Caixin/S&P Global manufacturing PMI, which rose to 50.4, beating expectations and rebounding from May’s 48.3 re...
Money exchange houses in the UAE are now playing a broader role beyond remittance, offering residents the ability to pay for essential services without the need for a bank account....
Gold prices in Dubai have surged again, with 22K gold rising to Dh370 per gram—the highest level seen since June 23. The overnight spike of over Dh3 has sparked fresh concerns among jewellers about th...
The Securities and Commodities Authority (SCA) of the UAE has formally introduced regulations allowing licensed portfolio management firms to offer robo-advisory services, marking a significant step i...
Dubai, UAE – Despite a general hiring slowdown in the private sector, Dubai’s government job market remains active and highly attractive to expatriates, with salaries reaching up to AED 50,000 per mon...
Chinese tech giant Xiaomi marked a new milestone in its transformation into an automaker, receiving nearly 300,000 pre-orders within the first hour for its newly launched YU7 electric SUV. The overwhe...
Dubai, UAE – Gold shoppers in the UAE received a pleasant surprise heading into the weekend as Dubai gold prices dropped to their lowest levels in nearly a month, sparking renewed interest among buyer...
The Saudi Exchange (Tadawul) has revised its tick size structure, aiming to lower investor trading costs and improve market efficiency. The update, effective across both the Main and Parallel (Nomu) M...
The United Kingdom and the Gulf Cooperation Council (GCC) are close to finalizing a landmark Free Trade Agreement (FTA) that could add $10.8 billion in two-way trade annually, according to UK governme...
As the Dubai Summer Surprises (DSS) opens today, gold buyers in the UAE are watching closely — not just for falling gold prices, but also for the Dh500 drop in raffle entry fees, now reduced to Dh1,00...
Russia has recorded an unprecedented 570% increase in Saudi Arabian tourists, a remarkable rise driven by the streamlined electronic visa (e-visa) system launched in August 2023. According to Russian ...
Global oil prices plunged on Tuesday, continuing a sharp two-day decline as investors reacted to signs of stability in the Iran-Israel ceasefire, coupled with comments from U.S. President Donald Trump...
Sharjah has taken another step forward in its push for government digital transformation, with the Executive Council announcing the full digitization of the emirate’s rental process. The move is expec...
Airlines have diverted and canceled multiple flights across the Middle East following Iran’s missile strike on a U.S. military base in Qatar late Sunday, triggering widespread airspace closures and tr...
Gold prices in Dubai dipped early Tuesday to Dh374.25 per gram for 22K, down from Dh377 the day before, as markets reacted to news of a possible Israel-Iran ceasefire announced by former U.S. Presiden...
The Indian rupee saw a sharp gain against the UAE dirham early Tuesday, rising to 23.44 from 23.61, following news of a potential Israel-Iran ceasefire announced by former U.S. President Donald Trump....
Burjeel Holdings, a leading UAE-based hospital operator, has purchased the land on which its Medeor 24x7 Hospital operates near BurJuman Centre in Bur Dubai for Dh170 million....
UAE-based airlines, including Emirates, Etihad, flydubai, and Air Arabia, have extended flight cancellations and rerouted services amid rising tensions following US airstrikes on Iran’s nuclear facili...
The Dubai gold rate remains steady at Dh376 per gram for 22K gold, surprising shoppers and jewellers who had expected a sharp jump after the US military strikes on Iran’s nuclear sites over the weeken...
As tensions rise following recent US-Iran escalations, Gulf-region businesses and shipping operators are reevaluating contingency plans in the event of a potential closure of the Strait of Hormuz, a m...
